A coin collection is a great long-term investment that’s only going to increase in value over the years. However, if you don’t collect the right coins or care for them properly, you’re significantly cutting down potential value. There are many aspects to collecting, and the staff at Randy Scholl Stamp Company in Cincinnati, OH, wants to share a few tips to help you increase the value of your collection. These will not only help you better learn about the world of coin collecting, but also find hidden value that will pay off years down the road.

3 Ways to Increase Your Coin Collection’s Value

1. Don’t Discount Low-End Coins

Many collectors toss out coins that are more common and lesser-valued. However, it’s important to see the advantage in these. While they aren’t worth as much, they’re more readily available. Gather as many as you can if you don’t mind the upkeep, because they can collectively be worth just as much as a single rare coin. This may lead to future trades with another collector, and you never know if they will one day climb in value.

2. Clean

The quality of a coin heavily determines its value, which is why it’s imperative to keep your collection in pristine condition. Tarnish, discoloration, fingerprints, and other blemishes all affect the value and need to be cleaned accordingly. Depending on the type of material, always used suggested products by professionals. Also recognize that some coins are better off not being left clean, as many collectors prefer it this way. If you’re uncertain, speak with a professional appraiser.

3. Research

Many highly valued coins go unnoticed because amateur collectors don’t know what to look for. Some of the best finds can come by pure accident, which is why you should always be familiar with the value of popular coins. There are many online resources where you can research them, as well as speak with other collectors. By becoming more familiar with everything, you’ll be able to recognize value.

A coin collection takes time, but with hard work, you’ll eventually build a valuable collection. If you need assistance or are looking to sell, turn to the professionals at Randy Scholl Stamp Company. They buy and sell a number of collectibles, as well as offer stamp appraisal services, and will work with you if you’re looking to sell any items. Call (513) 624-6800 today to speak with their staff, and visit their website and Facebook page to explore their U.S. stamp inventory.