Now Trending: Coin Collecting

Coins have been a hot topic in the news lately due to the phaseout of the U.S. cent and record-high gold and silver prices. The collecting community is experiencing a surge of interest, and many opportunities are available to help hobby newcomers learn the basics.

Popular Science, a magazine that covers scientific advancements, technological innovations, and emerging trends, recently interviewed Donn Pearlman, spokesman for the Professional Numismatists Guild. Pearlman provided widely respected advice for those interested in trying on a numismatic hat: buy the book before the coin, collect what interests you, pay attention to condition because it affects value, and handle coins by the edge. He also noted a couple things to avoid, including scams and the temptation to clean coins. 

For a list of reputable dealers and other hobby resources, visit money.org.