ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Coin And Stamp Collecting-A Life Long Hobby That Brings Endless Rewards

Updated on November 25, 2011
 Gold Plated Stamps placed within a protective proof jacket, like the one shown in this picture, can not only protect your valuable stamp collection, but also add to its overall value as well.
Gold Plated Stamps placed within a protective proof jacket, like the one shown in this picture, can not only protect your valuable stamp collection, but also add to its overall value as well. | Source

Coin Proof Set

This coin proof set display, never touched by human hands highlights a variety of Canadian coins.
This coin proof set display, never touched by human hands highlights a variety of Canadian coins. | Source
Gold Bicentennial coins like the ones shown in this photo can be purchased for as little as $19.00. They also come in set of five or six, which can be purchased together for a bit more. The initial purchase will only grow in value over the years.
Gold Bicentennial coins like the ones shown in this photo can be purchased for as little as $19.00. They also come in set of five or six, which can be purchased together for a bit more. The initial purchase will only grow in value over the years.

miniature replica of $20.00 Gold Piece

Source

When the majority of us were kids we probably did not have an appreciation for the almighty dollar, or a shiny new coin for that matter. Sometimes that comes from either having been born with a silver spoon in our mouths, or never really appreciating the overall value of what something is really worth; like the value that a rare stamp or coin set can bring.

Values and appreciation for monetary things like coins and stamps, were instilled in the old timers like our great grandparents or their parents. However if you did not ever have an interest in collecting coins or even stamps, than it is never too late to start a collection of your own now. It can not only be a lot of fun collecting a wide variety of silver plus coins and additionally a few gold embossed stamps, but it is also a rewarding and life long hobby, that you can start your children off doing as well. And for some it may be just what the doctor ordered a new and stimulating hobby that will keep your mind off of less menial pursuits, or off of yourself.

Maybe your kids never enjoyed collecting baseball cards or weren't interested in starting that butterfly collection either. So collecting coins may be something that a youngster may be interested in, with of course the help from one or both parents to help develop that life long collection. There is nothing more beautiful and equally enticing as a display of shiny new coins, that have been untouched by human hands, often called coin proof sets. So where do you begin when you take on the life long pursuit of collecting coins and stamps for what you will eventually store up into that little treasure trove of yours?

That's a good question and a good deal of the time, it depends on the individual, or in a youngsters case the decisions that his or her parents may help them make. Regardless of your age and other interests, it may be worthwhile collecting a variety of different coins, possibly starting off with ones that replicate the different states. You may want to also add to that; a few 22 karat gold plated stamps and coin proof sets. These can be purchased on Ebay or Amazon for about $6.00 to $22.00 and make a fine starting collection for any beginner-young or old.

I really recommend a coin mint shop, that buys or sells coins. They in my opinion are usually a bit more upfront and honest with you when you want to buy coins from them. And as the years progress and you want to sell some of your stored up treasures, possibly in exchange for another shiny coin or two that has caught your fancy. Usually there are local coin mint shops; or dealers in your individual state or city that can be located via an online search engine. And if you're fortunate enough right now to have a gold piece in your collection. Well that little piece of treasure will net you around $1830.00 That is approximately the current price for an ounce of gold on the market right now. Thank god that Pirates like Blackbeard and Captain Kidd are not around during this present day. Because if they were and knew what an ounce of gold went for currently-there would certainly be a lot of cut-throating and walking the plank type scenarios going on in front of us.

The thought of modern day piracy came to mind one day last week. As I drove home from work one day last week along the back-roads that I sometimes frequent, what caught my eye as I eased my foot off the accelerator to take a closer loo;, was a fairly tall and dark skinned man bearing a mohawk. He waved a sign high over his head, waving it back and forth in a slow but steady motion at the edge of the roadside. It appeared that his goal was to gain attention and there was no doubt in my mind, that he had accomplished his goal in getting mine. Getting a better look at the sign as I slowed to nearly a crawl now, I now could read the sign. It read-"WE BUY GOLD AND COINS OF ALL SORTS AND SHAPES." I'm not sure if it was the We buy coins for all sorts that grabbed my attention, but I knew that coins of all shapes did definitely throw up a red flag. Where I grew up I at least thought that most coins were round and not of a different shape-size yes, but shape? Possibly I was wrong in my reasoning, some countries may in fact have different shaped coins that I am unaware of. The 22 Karat gold plated stamps that I mentioned are rectangular in shape. So see that goes to show you!

As the man continued to stand at the edge of the side walk and drew attention to himself-gesturing me to come a bit closer, I could immediately make out the man who was definitely of American-Indian descent. And being the careful observer that I am, I decided to drive on minding my own business in fear that I might get a Tom-A-Hawk thrown at me! This would most likely be the case if the man in front of this particular coin shop knew I was carrying a coin collection which was recently given to me by my father. This is also an illustration that I want to give to those of you reading this coin article. By no means do not deal with coins shoppes and/or dealers of this sort.

Because this is an illustration of the type of folk who will definitely scalp you. And that's literally speaking. To add this type of coin dealer or proprietor, will also be crafty in their dealings with you and at all costs try to take advantage of the fact that you do not know your coins from your stamps. So when you first go into a shop that your unfamiliar with and are new to coin or stamp collecting-try to act like you know what your talking about, or appear to know what you're talking about when it comes to coins.

Always try to apply this principle, if your not sure what the difference between a penny and nickle is. Do your research first and find a more reputable coin mint dealer before selling or buying anything of value, whether it be stamps or coins. And it doesn't make any difference if the owner of the coin shop is Indian, Mexican or Caucasion as long as they are up front and honest in assisting you with your coin and stamp related questions. In this day and age it may be a rarity to find this quality in people, but there are still a few honest Johns and Jills out there, believe it or not.

In the neigborhood where I reside, I find that millers mint is not only a reputalbe coin dealer, but also very knowlegdeable to add. Millers mint has been in business for over thirty years and this is an example of the kind of people who you want to help you out. To assist in either starting that first collection, or to sell a few of those proof sets that belong to a collection that you had established over twenty years ago.

Millers mint has without a doubt established its reputation in my community-being up front and honest to the local coin collectors for thirty plus years. They have recently just opened a store in Maryville, Tennessee. That store has been going strong for just a little over two years now. Millers mint also has a great website that I recommend you pay a visit to. That site is www.millersmint.com Here you will find just about everything you want and need to know about all the different coins out there.

From Indian heads to the old Buffalo Nickels-down to the Susan B. Anthony's and other fine coins, including those that bare a brilliant lustre of silver and gold. It is an online educational resource in itself. So what are you waiting for-since you now have that bit of knowlege to get you off on the right foot. Apply the knowledge, do your homework and take that little bit of what I call-(at the end of the day change), out of your pocket and spread it out on the table before your eyes. Don't leave any coin unturned, because you'll never know if that penny staring you straight in the eye, is worth more than just a mere cent today.


author photo

22 Karat Gold plated stamps make a beautiful addition to any coin collection. In addition to collecting stamps that depict various countries, or states, ones like this replica of the Kennedy Space Center shown in the photo below can also be added.
22 Karat Gold plated stamps make a beautiful addition to any coin collection. In addition to collecting stamps that depict various countries, or states, ones like this replica of the Kennedy Space Center shown in the photo below can also be added. | Source

Reader's Feedback

    0 of 8192 characters used
    Post Comment

    • Jlbowden profile imageAUTHOR

      James Bowden 

      6 years ago from Long Island, New York

      Hello NM:

      I'm glad that you found the article on coin collecting useful and interesting as well. It's great that your cousin has started the hobby at a young age. Definitely hold onto those circa 1700 coins, they will be worth their weight in gold as the years pass. And remember that the proof sets, encased within the plastic can be worth quite a bit as well. That is why they are in those cases, so they can never be handled. If they were ever touched by human hands, than their value would decline drastically. Again thanks for the comments and good luck with that coin collection.

      Jl

    • NATURESMOTIONS profile image

      NATURESMOTIONS 

      6 years ago from Oregon

      My cousin is 10 and has been a coin collector for 6 years now. She loves her coins. But the ones she likes the most are the ones she can touch. Although she likes the ones in cases they are not her top picks for looking at and admiring. She has a large array of coins from many different countries and many that date back to the 1700's. This I agree is a great hobby for all

    • Jlbowden profile imageAUTHOR

      James Bowden 

      6 years ago from Long Island, New York

      Hi Glenn:

      Thanks for your insightful comments in reference to my coin collecting hub. You know I wasn't really much of a coin collector myself when I was a kid. Liked collecting bird eggs, bugs and the like. But as I grew older, I developed an appreciation for the variety of coins that there are out there. Like you, I also collected Buffalo head nickels and pennies. Also the photos that you see here in this Hub, were collections that my Dad, had passed down to me. Take care

      JIM

    • Glenn Stok profile image

      Glenn Stok 

      6 years ago from Long Island, NY

      I had collected pennies when I was a teenager and I still have them today. I wish I didn't stop because I would have had every year since then in my collection. You made good point when you said in your hub that coin or stamp collecting is something a youngster may be interested in and can create a lifelong collection. Starting later isn't the same thing. I can't find coins from the early 1930's anymore but they were still in circulation in the 60's when I was collecting.

      Your hub brought back a lot of memories. But most important, it's a good consideration for someone to start anytime. Collecting is very rewarding with the enjoyment of finding something rare once in a while.

      Voted up and awesome.

    • Jlbowden profile imageAUTHOR

      James Bowden 

      7 years ago from Long Island, New York

      Thranax:

      Thanks for your comment in reference to my coin collection artilce. For the most part that's the good thing about coin collections in increasing overall value of the coins within. Nothing like a pretty coin!

      Jl

    • thranax profile image

      Andrew 

      7 years ago from Rep Boston MA

      Its a pretty coin and the collections are actually something that increases in value instead of decreases..like beanie babys for example.

      ~thranax~

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)