What Makes A Coin Collectable?

Coin Collecting

Coin collecting, as a hobby, can take many forms. From collecting a few coins in a jar that you store at the back of a cupboard or in the attic, to keeping your coins in transparent sleeves in a folder to keep them in good condition and make viewing them easier. You may even have collections of coins that you keep in their original presentation cases, that you have never opened.

But what makes a coin collectable? Here, we take a look at four things that collectors think about when obtaining new additions to their collections.

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Coin Grading – What You Need to Know

coin grading
There are a number of coin grading scales to bear in mind when looking into coins and their condition. It can be very daunting and confusing if you are unsure what you are looking for, so we have broken it all down for you, from historical grading to the present day; UK and US.

In Britain, the original grading scale classed every coin as either ‘Fine’ or ‘Extremely Fine’ – these were the only options. As times changed, extra steps were added into that scheme: ‘Good’ and ‘Very Good’, both below Fine, and ‘Very Fine’, below Extremely Fine. That created five grading steps, which was even further expanded over time by dealers by adding ‘Almost’ or ‘Good’ to any of those grades, with ‘Almost Fine’ being less than Fine and ‘Good Fine’ being better than Fine, but less than ‘Almost Very Fine’.

For over one hundred years this was the grading scheme in Europe, and it didn’t include the grade ‘Uncirculated’, for the simple reason that it was considered that any coin that came from circulation couldn’t be ‘uncirculated’.

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A Beginners Guide to Coin Collecting

coin collecting
Coin collecting – or ‘numismatics’, the technical term – can be a rewarding and enjoyable past time. Many people begin their coin collecting journey after inheriting a coin or collection from a family member, or sourcing a coin for a particular sentimental event. However you start coin collecting, it is a hobby that falls across generations young and old, and is actually said to be one of the world’s oldest hobbies.

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