General questions
Prices and Values
Selling your coins
Supplies and Storage
Identifying a coin
For further info...
I just got some coins from a grandparent (or the coffee tin on the top shelf, or an old box in the basement..). What do I do with them?
Why collect coins?
What type of coins should I collect?
Where do I look for coins?
How do I or should I buy coins off Ebay?
I'm going to a coin show for the first time. What should I do?
Which side is the front and which side is the back?
What do "obverse" and "reverse" mean?
Should I clean my coins?
Please keep in mind that I am not an appraiser, nor am I a dealer! I have no idea of precise current market values for most coins! Look at the first question to find out how to find the answers:
How much is this coin worth?
I have what looks like a silver US penny. Is it valuable?
I have what looks like a silver US penny, but it is not from 1943. What is it, and is it valuable?
I have a US quarter with a drummer boy on the back. Is it valuable?
I have a Lincoln penny with wheat on the back. Is it valuable?
Where should I go to have a collection appraised?
Where should I go to sell my coins?
What do I need to collect coins?
How should I store my coins?
I'm no expert so I frankly admit I won't have all the answers. Here are some resources for finding the answers that I can't provide:
One of the best sources of information is the Usenet group rec.collecting.coins. If you've never read a Usenet group before, it's very similar to a cork bulletin board where people post messages and replies. There are hundreds, if not thousands, of subscribers worldwide to this newsgroup; many of them are renowned experts in the field.
You can read the newsgroup either through a newsreader (many web browsers come with them now) or you can subscribe to a service online that will allow you to read and post. There are many such services, but I generally recommend Google Groups. After you subscribe for a free DejaNews account, you can read and post to the newsgroup.
When you post, make your postings as informative as possible- the more information you give, the more likely it is that you will get a precise, accurate answer. Do not post images. It is a text-only newsgroup. Images bog down the loading time, and there are subscribers who pay per minute of loading time.
Check back each day for about a week to see if anyone responds, or just skim the newsgroup daily to pick up some new information.
Joining a local coin club is also a good way of finding information and meeting other collectors. For American residents, there is also the American Numismatic Association. They're a non-profit organization that offers many services to all ages of collector, and publishes a newsletter with tips and information in it each month. For international collectors, try a search in one of the coin site directories listed on the links main menu to find clubs near you. For more information on clubs, see the article: "Join a Club".
Coinsite has a feature called "Ask the Coin Doc". You fill out a form to ask your question, and the responses are posted on a sort of bulletin board. He'll take questions on anything to do with coins or paper money.
Heritage Rare Coins has a similar feature called "Ask an Expert". You can email in questions related to coins and collecting. They also have a very useful FAQ sheet- be sure to check that first to make sure your question hasn't already been answered before submitting it by email.
Finally, there are plenty of sites out there that have FAQ sheets and other helpful information. Here is just a sampling of what's available:
PCGS has a lingo section, grading, coin news, a price guide, and more.
Chuck D'Ambra's Coins has a very thorough FAQ sheet and a glossary.
ICG (Independent Coin Grading) Coin Club has directories of dealers, clubs, and links; a reference library, books, software, prices, upcoming events, message/chat, and more.
Numismatica is a springboard to many other sites-
articles, stories, FAQs, reviews, references, trivia, tips, and more.
One Minute Coin Expert is basically a more in-depth FAQ sheet,
taken from another of Scott A. Travers's books.
There are other more extensive directories of coin-related websites; I have them listed on the links main menu.