4 Surprising Coin Collecting Facts

Armenian Coins Isolated on White

If you’re an avid coin collector, you know how fun and rewarding having a collection can be. However, there may be a few things about the hobby that you’re not aware of. Here are four entertaining coin collecting facts that may just surprise you:

Coin Collectors Are Called “Numismatists” 
Many people who collect coins from their coin dealers may not be aware that their hobby merits them an official title: a “numismatist.” The practice of studying or collecting is referred to as numismatics, which takes its origin in Greek and Latin.

There Are Official Coin Collecting Groups Worldwide 
There are entire organizations dedicated to numismatics, including the American Numismatic Association, or ANA. Other national and local chapters in other countries of the world host some of their collections in museums for public appreciation.  

Collecting Coins Can be Incredibly Profitable 
Numismatists who consider coin collecting to simply be a fun hobby may be surprised to learn that it’s also a potentially profitable one. Very rare coins, coins with historical significance, or coins that are in excellent condition could generate a significant profit after being purchased from a coin dealer.

The First Recorded Numismatic was a Caesar 
The art of collecting coins goes back many centuries to ancient Rome. According to the U.S. Mint, the first recorded coin collector was Augustus Caesar, who also happened to be the very first Roman emperor. Numismatics continued after his death and even grew in popularity throughout the Empire.

At Coins of the Realm here in Gaithersburg, we have just what you need to enhance your coin collection. Just like the ancient Caesars, you too can create a personal collection that is sure to impress your friends and bring joy to your everyday life. Call us at (301) 340-1640 to learn more about the items we buy and sell.

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Why Choose Coins of the Realm, Inc.?

  • Free storefront parking providing easy access.
  • Established in 1974 and still under original ownership and management providing decades of expertise in all aspects of buying and selling.
  • Financial Security – Since opening in April of 1974 every transaction of every size has been completed successfully without issue. Bank references available.
  • We provide accurate information in a professional no pressure environment allowing you to make sound decisions to sell, keep or buy collectibles and precious metals.