Frequently Asked Questions
1) What do I use to clean my coins as a collector?
It's best to avoid cleaning coins, as it can reduce their value. If necessary, gently rinse with distilled water and pat dry with a soft cloth. For valuable coins, consult a professional before cleaning.
2) What is the best way to start collecting coins?
Begin by learning about different types of coins, setting a budget, and collecting coins that interest you. Start with beginner-friendly collections like pennies, quarters, or commemorative coins, and join local coin clubs or online forums for tips.
3) Why should I get my kids into collecting coins?
Coin collecting can teach kids about history, geography, and the value of money. It also helps develop patience, attention to detail, and a sense of accomplishment. Additionally, it provides a constructive hobby that can keep kids engaged and help steer them away from drugs and other troublesome issues.
4) What is the benefit of buying physical gold and silver over paying an outside firm to hold the metals for me and never taking physical possession of it?
Owning physical gold and silver gives you direct control and tangible assets, which can be more secure and satisfying. Relying on a firm means you don't have physical possession, which can introduce additional risks and fees, and you miss out on the tangible aspect of owning precious metals.
