Why coin collecting is a good hobby

Coin collecting has been a popular hobby for many years. The World History Encyclopedia reports that wealthy and scholarly people began collecting coins starting in the 1800s. Today, coin collecting has become a common interest among many people. So, why is coin collecting a good hobby?

Historical & Artistic Value

Although there is no definite answer to when coins were first invented, the World History Encyclopedia reports that coins were first introduced as a form of payment around the 6th or 5th century BCE.  Coins can be considered historical artifacts that carry a lot of value. They are pieces of history that help people learn more about local, national, or even world history.

Additionally, coins are unique forms of design and craftsmanship. Coin engravers and designers have helped impact American history through creative means. Some of the most influential American engravers include Augustus Saint-Gaudens, Christian Gobrecht, James Earle Fraser, Robert Scot, and more.

Profitable

Some coins can have great monetary value based on their historical and artistic significance. Certain collectors' coins can be priced in the millions. For example, the Flowing Hair Silver Dollar created in 1794 was sold for $10 million in 2013. Although this is one of the more extreme cases, other coins can range in the thousands.

However, coins in this price range are pretty rare. Coin collecting does not need to be this expensive for everyone. Many people are casual collectors and don't spend any money at all.

Good Souvenirs

There are also a lot of people who would prefer to keep their coin collecting casual. A fun way to expand a coin collection is to find them when traveling.

One common way for people, especially retirees, to collect coins is to visit each state. Coin collecting is a great excuse to see a new state and explore. Each destination has unique coins, so they can be great souvenirs to remember time spent on a trip.

Some people focus their coin collecting on specific places like national parks, museums, or famous landmarks.

Improved Mental Health

For many, collecting coins can relieve stress. Often, someone will go through a pile of coins to see what they can find. Sifting through and picking out desirable coins can be a calming process for some people.

Coin collecting can also help people feel a sense of purpose. Although coin collecting does not fix the root of mental health issues, it can give people a course of action throughout their day-to-day life.

Additionally, coin collecting can help some meet new people. Hobbies often help bring groups of people together to bond and socialize. Connecting with others can be a great help to those struggling with specific mental health issues. This is especially true for the elderly, who tend to become more isolated as they age.

It's Fun!

No matter how serious or casual a person is about coin collecting, it's always a fun hobby. It provides a fun challenge for people to find the right coin and a satisfying feeling when it's finally found or bought!

There are a lot of fun activities surrounding coin collecting as well. Many companies and organizations create custom coins for people to collect. For example, the Hot Ones hot sauce company had custom coins created for customers who purchased their Heatonist Hot Ones challenge pack.   

Final Thoughts

Final Thoughts

Coin collecting is founded in rich history and skilled artistry. Today, it has become a widely popular hobby that can benefit different people in many ways. If you're interested in collecting, begin by choosing what type of coins you like, look at what you have on hand, and get started!