Coin Collecting: What And When To Buy

(NC)-Three basic rules here: buy what you like, buy what you can afford, and buy at a reasonable price. Follow this advice and you'll enjoy your coins more, you won't pay too much for them and you won't go bankrupt. Your collection should be fun to own, not a burden on the family finances. The best way to get good deals, and avoid the bad ones, is to pick up some standard reference catalogues and study the pricing very carefully. As a rule, it's better to own one high quality coin than a bunch of mediocre ones.
As for when to buy, coin collecting represents a wonderful way to commemorate great events in your life; you could buy a coin to celebrate your child's graduation, or a new baby. You can also buy coins to mark historic events such as the Golden Jubilee of Queen Elizabeth II.
For more information on coin collecting and what to buy, visit the Royal Canadian Mint website at www.mint.ca.
- News Canada