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Coin Collectors

Coin Collectors: Engaging In The Hobbies Of Kings

According to history, the first coin collectors were the kings and emperors of different kingdoms all over the world. Some of the earliest known coin collectors are King Farouk of Egypt and the Roman Emperors. Although these kings and emperors also collect just about anything that is of value, they are mostly known to hoard large amounts of coins in their castles.

Some historians often dismiss the collection of kings as nothing but part of the system at that time since there were no banks where money can be kept but the thing is there are some kings like King Farouk of Egypt who is really a coin hoarder that he end up having loads of coins in his possession during his reign.

Modern Day Coin Collectors

Coin collecting has changed over time. Where before collecting coins was just a hobby of kings, now hundreds of people all over the world are collecting coins. In fact, coin collectors have become quite aggressively and competitive when it comes to acquiring new coins for their collection that they tend to push the prices of rare coins up. Note that there have been a few rare coins that commanded a handsome price amounting to several millions of dollars a piece in the past which proves that some coin collectors will stop at nothing when it comes to acquiring additional coins into their collection.

Many modern day coin collectors collect coins according to a theme. One of the most favorite coin collecting themes is year collections. Under this theme, the coin collector will collect coins by year. For instance, an avid collector of the Lincoln cent may collect this type of coin from the date it was first minted in 1909 up to the present.

The challenge here is to complete the collection in terms of year. Once the collector completed the set of Lincoln cents, he or she will now move on to another type of coin and start all over again. Many avid coin collectors who collect coins by year are able to complete several sets of coins during their lifetime.

Another favorite theme for modern day coin collectors is the country theme. Under this theme, the collector will proceed to gather different coins from different countries all over the world. In most cases, the denomination of the coins varies but there are some collectors that are very specific when it comes to their collection. For instance, there are some collectors that are collecting quarters from different countries all over the world.


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