The video goes over the following:
How much to invest
The grading system
Where to purchase your coins
How to avoid scams and rip-offs
3 Things you will need if you plan on getting into coin collecting:
A 10x Magnifying Loop
A pair of white cloth gloves (cotton)
A good eye for detail
Hold the coins on the edges - don’t touch the flat surfaces (the obverse and the reverse - the two sides)
Storage:
Safety-deposit box
Safe in your home
Think about getting insurance (you will need to get them appraised)
The Sheldon Grading Scale 1-70 (70 is perfection - no marks at all)
(Mint-state coins have never been touched by human hands. Circulated coins have, as they have been in circulation.)
There’s much more. For another good intro to coin collecting, try this site.
Tags: coin collecting