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This brief introduction for the beginner stresses the importance of deciding how to collect so that you can collect intelligently and derive the maximum amount of thrill from the hobby. Specific coin types are mentioned to help you focus on your collecting interests.
Hello, my name is Rod Gillis, Education Director at the American Numismatic Association. If you're new to collecting, I'd like to spend a few moments talking with you about perhaps the most important decision in your collecting career-how to collect. One aspect I particularly enjoy about my job is engaging with people who introduce me to innovative ways of collecting. Some collect United States coins, while others focus on world coins. Some collect coins from places they've visited or coins from the year of their birth. There are also collectors of stock certificates and paper money, whether it features a horse or the color purple. The possibilities in collecting are only limited by the money in your wallet and your imagination.
The two most popular methods of collecting are by type and by set. Collecting by type involves seeking the finest example of a specific coin denomination, such as barber half dollars, Liberty seated half dollars, or Walking Liberty half dollars. On the other hand, collecting by set is the most prevalent approach, where collectors aim to acquire all the years and mint variations of a particular coin.
While collecting by set is rewarding, I advise newcomers to start with a less challenging set to gain experience before tackling more difficult ones. For instance, assembling a set of Jefferson nickels or Roosevelt dimes is an easily accomplished and cost-effective way to begin your collecting journey. Avoid the temptation to start with a challenging set like Morgan Dollars, as it can lead to financial challenges and discourage new collectors.
If you seek a set with more appeal, consider assembling a collection of Franklin half dollars, all made of silver and no longer found in circulation. This allows for a satisfying collecting experience without a significant financial commitment.
I hope this information is helpful, and I encourage you to enjoy your hobby. Thank you for considering the American Numismatic Association as a resource for your collecting journey.
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