Why Do People Buy Coins?*
Numismatics is the study or collection of coins. Numismatists (new-MIZZ-ma-tists) are coin collectors.

Our customers collect coins for many reasons, every one of them unique. Over the years, however, we've found many underlying themes as to why “collectors collect," including the following:

  • Rarity - The single greatest reason for purchasing coins is their limited nature. In many cases, the mintages of each coin only allow a certain percentage of collectors to own it. Here's an example: A limited edition of 50,000 coins may not sound very "limited." However, if only 50,000 coins were made, only 1,000 people in each state will be able to own it. Many high schools have graduating classes larger than 1,000 people!
  • Perceived Value - Perception is reality. Some collectors, for example, may see precious-metal coins made of gold, silver and platinum as a collectible or an investment.
  • National Pride and Historical Themes - Coins have been centerpieces of American history since Colonial times. Every coin minted by the United States has historical value. The United States Mint chooses its designs based on national pride and themes. Circulating coins have either the word “Liberty” or the Statue of Liberty printed on them and they feature historical figures, scenes or vignettes.
  • Because it's fun!
*Information from Collector's Alliance, an HSN Coin Vendor
What Kind of Collector Are You?
  • Seasoned collectors - Customers looking for rare or investment coins. They are most interested in gold or silver content, rarity, condition, grading state, etc..
  • Novice collectors - Customers interested in starting a collection for their children/grandchildren or those who are new to coin collecting. They are interested in the story behind the coin, the educational value of coin collecting as well as the benefit of collecting in general.
How to Start Collecting*
  • There are many types of coins to collect. Initially, you should decide on one or two types of coins to collect. They can be modern, easy to find coins, such as State Quarters or Presidential Dollars. Or they can be older coins such as Morgan Silver Dollars, Wheat Back Pennies or Franklin Silver Half Dollars. One you have determined what appeals to you, do your research and learn what years the coins were struck and if they were struck at various Mints. Modern Mints are Philadelphia, West Point, Denver and San Francisco, but older coins could have been struck at Charlotte, North Carolina (1838-1861), Dahlonega, Georgia (1838-1861), New Orleans, Louisiana (1838-1909)and Carson City, Nevada, (1870-1893.) You can decide to try and collect as many mint marks as you can find, or you can collect a year set. Collecting coins is a lot of fun, and it is educational too.
How to Store/Display Coins
  • There are many types of storage options for your coins. Specialized albums have a spot for each year or mint mark of a particular series. Other options include maps, 2x2 holders, capsules, and fancy display boxes. The choices are endless!
How to Care for Coins
  • You should never touch a coin with your hands. Always try to hold a coin by its edges. Wear gloves if possible! Each coin should be properly stored so that it is not scratched by bumping into other coins or into the container itself. Never clean your coins!
*Information from First Commemorative Mint, an HSN Coin Vendor