Collections of all sorts can be fun for kids, and coin collections offer unique lessons and opportunities. Collecting coins can be educational, affordable, and even profitable. If you would like to give your child a fun hobby that could lead to a lifelong interest and lay the groundwork for a fruitful investment portfolio, the following tips can help you get started.
Buy a Book
One of the first steps to take is education. Purchase an easy-to-read book for your child that explains the history of coins and how they are made. Many books are available that teach kids fun facts about coins and offer elementary lessons on coin collecting as a hobby.
Start with Low-Cost Coins
Before you know how interested your child will be in coin collecting, you may want to start with low-cost coins that allow him or her to build up a large collection that is fun to look at and learn about. U.S. coins are a great place to start, because you can still find obscure and interesting samples in circulation. You can also check out bargain bins at local coin shops.
Teach Coin Care Basics
Even if you are only dealing with common coins such as state quarters, you should teach your child how to handle coins in a way that best preserves the value. Using clean hands or gloves, only touching the edges, and placing coins on soft surfaces are habits that should be developed before your child moves on to collecting rare and valuable coins.
When your son or daughter is ready to advance from Buffalo nickels and foreign pennies to rare coins and investment pieces, contact the team at California Numismatic Investments. We are one of the nation’s largest dealers of precious metals and have 30 years of experience. Call today to learn about our top-notch grading and free appraisals.