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Coin Collecting for Children

Published by monica on Friday, November 30, 2012

Photo credit by Jeff Belmonte

Having a coin collection is a great way for kids to indulge in a hobby that’s both educational and fun. Coin collecting for children will soon be a new adventure for both you and your child. It’s easy to get started and a fun way to learn about money.

First, decide on what kind of coin collection the child would like to have. One of the most popular kinds of coin collections is the state coins collection -- namely, the state quarters. On the other hand, your child may prefer foreign coins, coins minted before the 1900s, Lincoln pennies, presidential dollars or coins made in special machines.

To find coins, look online. Attend coin shows, browse coin shops and contact dealers. Ask around. Friends and relatives might have a coin to give.

There are two Web sites just for kids interested in coin collecting:

The U.S. Mint's H.I.P. Pocket Change site for kids:

Smithsonian Kids Collecting

Your child will need the following tools for this hobby:

  • A magnifying glass to study and examine the coin.
  • A handy reference book. This will help the child to look up the coin and find information about it.
Some books for young coin collectors include:

Coin Collecting for Kids by Steve Otfinoski and Jack Graham

Those Amazing Coins: A kids guide to coin collecting by R. Volpe and K. Flynn

Coins and Other Currency: A Kid's Guide to Coin Collecting by Tamra Orr

Your child will need something to store the coins in. If your child is collecting coins in a popular series, you can easily find the coin storage folders. If not, then find a good, small box your child can store the coins in. It's a good idea to have a box with soft interior lining, so that old or rare coins won't get scratched or damaged.

Gather some small baggies to store the coin in. If the coins you buy are stored in a special coin holder, don’t remove it.

Now you and your child can enjoy the coin collection. Coin collections are a great way for children to learn about history, geography, math, science and politics. You can talk about things like:

  • "Where was the coin made?"
  • "How old is the coin?"
  • "How is this coin different from that one?"
  • "What are the words on the coin?"
  • "What metal was used to make the coin?"

You can also help your child learn about things such as "mint marks" and "coin grading" to better understand how the coins are made and circulated.

The best part is that a coin collection is a great way for you and your child to bond. The child's interest in coins and collecting coins is only the beginning. Helping and supporting your child's hobby opens the door to greater communication between the both of you and presents an opportunity to enforce the parent-child bond. Coin collecting for children will also be a rewarding hobby that can turn into a lifelong appreciation of currency.

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