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Collecting: Coins
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Coin collecting and stamp collecting are often referred to as the “twin hobbies”. Both these hobbies are very popular, partly because you do not require any special skill to start the hobby and ... because it gives you great pleasure and an immense feeling of satisfaction. You can start coin collecting anywhere and at any time and with the coins that you actually have. As you add to your collection, you can relive the history of the country through the coins. Of course once you gain interest, coin collecting is bound to pinch your pockets, but that of course may be true of any hobby.
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The long-held view that coin collecting began with the Italian Renaissance has been challenged by evidence that the activity is even more venerable. Suetonius (AD 69–122) relates in his De vita Caesarum (Lives of the Caesars; Augustus 75) that the emperor Augustus was fond of old and foreign coins and gave them as gifts to his friends. In addition to this account and a variety of other literary accounts of collecting from Greek and Roman sources, there is tangible archaeological evidence that coins have been collected at least from the Roman era and probably for as long as they have existed. For example, a hoard of some 70 Roman gold coins found at Vidy, Switzerland, did not contain any two specimens of the same type, which implies that the coins were collected during the period of Roman rule in that town.
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Coin collecting in India is pretty lucrative as people are willing to part with coins to those who are willing to buy them. It is a form of investment for many Indians. The kind of coins you collect and the number of coins you collect depends on how well off you are financially. It can be quite an expensive hobby because rare coins could cost a lot. In fact the coin collecting market can be likened to the stock market where the share prices plummet one day and shoot up the next. The factors that influence this could be the ordinary forces of demand and supply.
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Collecting and Investing Strategies for US Gold Coins [H]e even discusses the increased blurring of the lines between investing and collecting that he's seen recently. The book focuses on United States regular-issue gold series struck from 1795 through 1933. These are the typical gold coins you're likely to know about if you've picked up a Red Book or any other United States price guide.
Fascination with the images on the coins—depictions of famous rulers, mythological beings, and the like—seems to have generated much of the interest in collecting in these early periods. Because the coins of Asia and Africa did not usually feature images, collecting was not common in these areas until relatively modern times.
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When the coins you're interested in collecting are not available in circulation, it's time to look for other sources (see previous topic). That almost always means purchasing coins. Among places to buy coins are
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