Coin collection is the collecting or trading of coins or treasury notes which are minted or printed for legal tender, especially those which originated during form the historical period from the 18th to 20th century.
Casual
coin collectors usually begin the hobby by saving notable coins obtained by
chance, especially through pocket loose changes left from a travel trip. It could also start off from some old and rare coins that were left behind by the ancestors who had passed away and were being kept as souvenirs for remembrance.
Most hobbyist collectors amass them purely for fun with
no real expectation of profit. This is especially true of casual
collectors and children who collect items on the basis of chance and
personal interest.
But motivations for collecting are varied as purchasing vintage coins can be both a hobby as well as an investment too. As with other precious metals and postage stamps, coin prices are cyclical based on availability in market circulation and collectors' demand.
The metallurgical composition of the coin itself is of great interest. A collector may simply collect coins of bimetallic composition. Precious metals like gold, silver, copper and platinum are preferred collections due to higher probability for more lucrative returns on investment, But some enthusiasts may also pursue historically significant pieces like the 18th or 19th century, while others collect ancient and medieval coins.
Collectors with an interest in a certain subject such as ships or animals will focus on coins depicting those subjects when available in circulation or at auction sales.