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Like any other hobby, coin collecting comes with its own vocabulary, its own group of experts and specialists, and its need for unique supplies and accoutrements. Here are a few supplies you’ll need when you begin:
The first supply you’ll want to get, as a coin collector, is a thick resource book that will cover coin basics, specifics and fair market values. The next thing you’ll want to pick up is a coin album. These vary widely from very specific collections, like the state quarters to a host of other collections and mixed coins holders. You may need one or more for your starter collection, depending what types of coins you choose to collect.
A reputable dealer will often sell coins in individual coin cases for their protection. These are fine for short-term storage, but eventually you’ll either want an 11-ring binder to house your collection or a display box to present your collection. Another thing to consider when you start purchasing rare coins is buying a coin safe. Such safes can protects you coins from the elements as well as theft.
As far as caring for your coins, there are a few basics you may like to have. Polishing coin cloths and cleaners are fairly cheap, but can preserve the quality of your coins. A scale can come in handy for precise measurements, especially when trying to determine the exact market value or when selling a coin.
Humidity can ruin coins, so take the worry out of your coin storage by stocking up on packets of silica gel. This substance will deplete the humidity from the air around it, and will ensure a dry storage. Do not put the gel in direct contact with the coins; rather place the packet in the box for best results.
Oils from your fingers can ruin precious coins, and experts recommend donning cotton gloves to protect your investment when handling coins. Plastic or latex gloves are not recommended. You can order cotton gloves in quantity at online suppliers, and most...
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