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How to Collect Rare Money

People collect rare money for various reasons. Currency collecting can be a fun and interesting hobby, you can learn historical and educational information and who knows, rare money collection could turn into a profitable investment, according to rrcoins.net. There are many places to purchase rare money that will add to your collection. Just keep in mind when making purchases that you must do your research to ensure you don't get ripped off.

Instructions

- 1
  Check to see if your town has a coin club. According to Money.org, many cities do have coin clubs that are comprised of people interested in currency and even collect rare money. These clubs generally meet twice a month or monthly in a library or public building, according to Money.org, and the club members discuss currency-related news and stories, and some members may choose to "show and tell" members about collected items. If your city does have this type of club or organization, it may be a good opportunity to meet other collectors with similar coin-related interests. These club members may have coins or rare money that they are willing to sell, and trading rare money may also be an option.
- 2
  Visit a coin show. Although you may have to travel to find the nearest one, there are many coin shows held throughout the U.S.. At a coin show, collectors set up booths in hopes of selling rare money. Coins are also displayed, and visitors can even trade coins. When visiting a coin show, you may find a unique item that will add to your collection. Other than purchasing, viewing or trading coins at the event, you also have the opportunity to network with other collectors and share stories and advice about where to purchase other rarities.
- 3
  Look online for rare money purchases, including online auction or sales sites such as Ebay.com or Amazon.com. Rare and common currencies can be found online. It takes time to scroll through the online pages of coins for sale, but finding a treasure to add to your collection may be likely. Another website that is not as well-known as Ebay or Amazon is Hokanson-Coins.com. The founder of the website, Richard Hokanson, is a former chief buyer for a major rare U.S. coin company, according to Hokanson-Coins.com. Hokanson's coin investment started in 1993, according to Hokanson-Coins.com, and he offers high-quality coins and currencies to serious collectors.

Coin Collecting