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30 May 2019

Numismatic Economics

Collecting Tips | ANAStaff

Coins are special in many ways: as reflections of history, as miniature works of art and, of course, as popular collectibles. But there’s one way in which coins are perfectly ordinary—their prices are determined by the interaction of supply and demand. In the context of numismatics, supply refers to a coin’s scarcity or availability, while demand is determined by the level of collector interest.

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16 May 2019

Getting Started: Books Every Beginning Collector Should Read

Collecting Tips | ANAStaff

A basic library of numismatic references is an outstanding resource for the beginning collector. Books can teach you about the coins you are pursuing, guide you as you build your collection and introduce you to new collecting areas. Here are some suggestions for your home library. I think you' ll find these books informative, helpful and fun.

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19 Mar 2019

Something for Everyone

Collecting Tips | ANAStaff

Numismatists are sure to find an organization that supports their lifestyles and interests.

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29 Jan 2019

Buy the Book Before You Buy the Coin

Collecting Tips | ANAStaff

It is often said that beginning coin collectors should "buy the book before you buy the coin." There are many excellent reasons why new collectors are told this. It is often said that "knowledge is power." That is especially true in numismatics. And acquiring knowledge, especially for novice coin collectors, can help them make smart decisions. Those smart decisions will result in saving money. Sometimes a great deal of money.

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15 Jan 2019

To Buy or Not to Buy

Collecting Tips | ANAStaff

Unlike most markets, the items traded in numismatics each have their idiosyncracies. Not only do the specifics of issue and grade vary, but variations in quality and “look” are significant (even within the same numerical grade). So, when you’re contemplating a purchase, you’ll need to figure out whether the item is the right fit for your interests and budget, or whether it’s better to wait for another opportunity. No numismatic crystal ball will predict a perfect Mint State (MS)-70, but with experience, knowledge and careful judgment, it’s possible to gain some clarity.

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