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One popular aspect of coin collecting is that of collecting foreign coins. While some hobbyists might find great joy in collecting coinage by the year or the coinage of a particular nation, other collectors look for the value of foreign coins. There is something remarkable about collecting a coin from a world away. A grand achievement for a collector might be a collection of coins from every nation on earth.
An Introduction to Collecting Foreign Coins
How does one get started in collecting rare foreign coins?
While you can keep your eye on local and domestic auctions, you may have to order some coins from overseas retailers. Other options for trading foreign coins and values exchange include traveling to the country of origin and exchanging American money for foreign coins directly, and seeking out domestic coin dealers that offer foreign coins.
In most cases, it is ideal to trade with a domestic retailer instead of an overseas store, because of shipping issues. Foreign currency dealers usually work with bulk shipments and will not even trade American currency for low-value coins. If you desire to do business with an overseas retailer then you should plan on budgeting larger investment.
What are some of the most popular foreign coins and foreign currency that are still within the grasp of beginning collectors?
Some of these coins include English pennies, pesos, early African coins and early Indian coins. Britain and other large European countries tend to be the most common (and thus less expensive). You must understand that many countries in the world do not intentionally collect coinage of their own nation. While not only an American phenomenon, itís safe to assume that there are only a handful of countries that encourage (or at least have the resources) for multi-national coin collecting. Indeed, coins from the United States, like the Foreign 1796 - 1807 Cent Draped Bust, are often considered worldwide collectable.
Talk to a coin dealer in your area to learn how to identify foreign coins for their origin and possible worth.
Coast To Coast Coins offers Foreign coins and currencies, start collecting foreign coins now