Coin collecting is a popular hobby for children and adults alike. This modern-day treasure hunting pastime can help grow a collector’s knowledge of history and politics, while also teaching skills such as patience and the value of investment. If you’re just getting started, here are a few of the essential tools every rare coin hobbyist needs to grow and display their collection.
What Supplies Do Coin Collectors Need?
1. Coin Holders
Coin holders are necessary to protect your coins from damage or exposure to the elements. Folders and albums are the two main types of coin holders. A folder is the more cost-effective option, but only allows the coin to be viewed from one side, while the album allows two-sided visibility and offers additional protection with plastic inserts.
2. Magnifying Tools
Magnifiers allow you to examine the condition and detail of your coins up close. A hand lens offers magnification power of two to three times while a jeweler’s loupe can magnify an object up to 15 times. You should always use these tools under proper incandescent lighting conditions to maximize visibility.
3. Reference Books
Every novice coin collector should have one or two reference books. These can provide you with the history and pricing detail of rare coins in your collection, as well as those that you wish to collect in the future. Knowing what to look for when shopping for rare coins will help you avoid any bad investments.
If you’re looking to purchase or sell rare coins, head to Coins & Stuff in High Point, NC. For nearly 40 years, this locally owned and operated pawn shop has been buying and selling a wide range of items, including everything from rare coins and jewelry to precious metals and guns. The shop is a member of the Professional Coin Grading Service (PCGS) — the industry-standard in third-party certification — so you can feel confident about the investments you’re making. Visit the website to learn more about their inventory and services, or call (336) 885-5323 to speak to a friendly member of the team today.