| Starting a coin collection especially for your | | | | Child Motivation |
| children can be fun and exciting. More than that, it | | | | Encouraging your child to see coin collecting as a |
| can be profitable too. A lot of parents start a | | | | hobby is thin, but very much possible. All you |
| gallery of their coin collection for the sake of their | | | | have to do is motivate them to like coin collecting |
| children and the generation after. It is quite a thrill | | | | by making them realize the importance and |
| to fancy old coins and show your kids how the | | | | benefit they can get from it. There are several |
| mode of currency looks like, way back. | | | | coin types that your child can appreciate namely |
| Collecting coins can also be a sort of investment | | | | Buffalo and Jefferson Nickels, Mercury Dimes, |
| because sometimes, coins that were inherited or | | | | Wheat Cents, Roosevelt Dimes and Indian Head |
| passed on from generation to generation are | | | | Pennies. Start with these and then show it your |
| more valuable than a hundred dollar bill. Now, | | | | child. Sit down with him and tell short stories |
| collecting coins can be cool but there are a couple | | | | about the coins. This will somehow build a certain |
| of pointers that you have to take note of like: | | | | kind of interest in him. |
| • Determine the amount of money that you | | | | Safe Coin Collection |
| are willing to spend for the sake of buying old | | | | However you decide your coin collection may be - |
| coins. Remember, a coin collection is not just a | | | | heirloom or investment reasons, or just for fun, |
| collection of old pennies but an array of very, | | | | make sure that it is safe, both for you and your |
| very, very old currency used even during ancient | | | | child. If you're planning to stash your heirloom and |
| times which means, they are quite expensive and | | | | investment coins at home, bad idea. You just |
| relatively centuries old. | | | | gave yourself a pretty good reason to be robbed. |
| • What is your goal in collecting coins? For | | | | Best thing to do is get a safety deposit box and |
| gifts? Investment? Hobby? You have to decide | | | | keep them safe in a place where you only know |
| whether or not this collection will go on for years | | | | or if you really treasure your coins, put it in the |
| or it will stop at some point in your child's life. | | | | bank. If your kids are actively collecting coins, |
| Collection Budget | | | | make sure that it is kept in a safe place where |
| For the sake of discussion, we'll tackle about | | | | visitors or strangers will see. If your child shows |
| starting on a very tiny budget, much like 50-100 | | | | no more interest in his collection, just deposit his |
| dollars a year. With this kind of budget, you could | | | | coin album in your bank. Never leave it hanging on |
| buy several kinds of coins namely the Mint sets | | | | a drawer because burglars will definitely take it for |
| which would not be more than $100. Fancy Silver | | | | they are very easy to sell. Always teach your |
| Proof costs about $40 same as with Uncirculated | | | | child the importance of his coin collections and tell |
| set which would just amount at $25. You can go | | | | him to keep the folders out of sight especially |
| through the Internet and search for probable coin | | | | when people are around. |
| prices which are not that expensive and would | | | | Learn about miniature ponies and pony pictures at |
| definitely reach your budget. | | | | the About Animals site. |