A large number of people enjoy collecting silver coins. It is not the same as hoarding cash. It is about appreciating the history and craftsmanship involved in the creation of these coins.
There are several benefits of coin collection including:
- It provides potential financial or investment benefits and can be stored for future use.
- Can be used to show the world what you?re interested in.
- It enhances your appreciation of art and beauty. You take pride in ownership of these coins and it provides you personal pleasure, relaxation and stress reduction.
- Helps gain knowledge as it keeps you educated about history, geography, society, culture and politics.
Some collectors collect only one particular type of silver coin, like a Morgan Silver Dollar.
Some collectors collect proof coins only.
Proof coins are the finest quality of coins that have been specially crafted for collectors. Moreover, they?re also used as presentation gifts for VIPs or as a memorial of a particular event or a person.
Similarly, some collectors are only interested in old or rare coins that can be worth a lot of money, up to millions.
You will also find collectors who only look for coins that are worth a lot. They wish to collect coins to show off or to accumulate wealth.
Different countries around the world make silver coins. You can find some for as low as $10 and some for as high as $100 or even more. The most important thing is to only buy silver coins from a reliable seller since scams are common in this field.