10 Tips Every Rare Coin Collector Should Know!

Collecting rare coins is something not everyone is very happy doing. However, those real collectors realize the genuine happiness there is once they finally found the type of coin that they need. This is something that one should be reminded since they are in the coin collecting industry.  So before you exit your garage door in Tucson or Wisconsin, you have to be equipped with the following tips.

    1. DO NOT DEPEND YOUR COLLECTION IF IT IS A GOOD INVETSMENT. COLLECT THEM BECAUSE YOU WANT THEM.

Coin collectors know that some coins increase their value over time. Their monetization can skyrocket any time. Hence, people depend their collection journey on these values and make collection an investment instead. However, this is an unhealthy habit. Focusing on the future value of your coin may complicate you collection. You can miss the fun, education, history and excitement brought by simply collecting the coins you want and disregarding its value in money.

    1. ALWAYS SET A GOAL AND WORK HARD TO REACH IT

When you analyze your collection, you will notice that you seem to have a certain pattern that you are following when collecting. Never miss the opportunity to provide yourself a standard when collecting coins. Put a ceiling to the kind sand types of coins you really want. Achieving your goal or standard can help you be overwhelmed with the coins you have. It can entice you and make you feel satisfied. With this, you will urge yourself to collect more as you want to always feel satisfied with the collections you have.

    1. MAKE DEALERS EARN YOUR TRUST

Dealing with coin merchandisers is something that is really tough to do. Of course, you have to be well-educated with collecting rare coins. The rarer the coin, the limited its information can be. When a certain coin has not yet seen by many, there is a great possibility that nothing much was a written about it. Hence, one of the worst things that can happen is that no one would be able to determine the real value of your coin. If you know the characteristics of your coin by heart, then you can be confident to determine its value. With this, make your dealer trust you. Always educate yourself with the needed information so that you will not have any problem dealing with coin merchandisers. The same goes when you are purchasing. Protect yourself with the well-established and respectable companies who will be there throughout your coin collection journey.

    1. UNDERSTAND HOW DEALERS VALUE YOUR COINS

While some dealers can fool you, always find a way on how you can understand the valuing method used by your dealer. Always make sure that you know how he is grading your coin. If you know his process, then you can understand why is that particular value was given to your coin. Be familiarized with their process so you do not have to ask so many questions. Always remember that there are several factors that might affect the value of your coin. Try to educate yourself more so you can understand how this valuing goes.

How to clean your dirty old coins

Perhaps, if you are a coin collector, one of the hardest challenges you can face is of course, cleaning it. You will never know how dirty an old coin can get especially that they came from different places. The only time that you can get a well-maintained coin is when you purchase it from a seller again. But of course, there are easy ways that can help you clean your collection:

  1. Make warm water run over your coins
  2. holding your coin under warm water will help you remove the initial dirt build up on the surface of the coin. The pressure of the faucet will help you to remove this dirt build up easily. Make sure to hold the coin separately under the running water so the water can hit each coin directly and removing the dirt would be effective. After you are done, dry the coins using a towel.

  3. Put the coin in a soap-water solution
  4. you can soak dirty coins in a solution made of water and soap. The soap can soften the dirt build-up on your coin. When you are done dipping the coin, you can use a brush to brush off the soften dirt. If the buildup is too hard, you can soak it for more hours. Just make sure that the soap you will use does not contain harmful and strong chemicals so that the quality of your coin will not be damaged.

  5. Ask a professional to do the cleaning for you
  6. if you are too careful to your coins, you may choose to ask for a professional to clean them for you. go to the nearest coin cleaning shop. Make sure that you will go to your most trusted service shop. This will calm you down when it comes to damaging your coin.

Keep these cleaning tips in your mid so you would not have to worry about your coins!