Understanding Bad Shopping Habits

Posted on: 29 March 2016

In an era when it seems like most kids are glued to electronics all day, every day, an old-fashioned hobby like coin collecting can be very fun and refreshing. Collecting coins can help your child learn to set goals and take care of their things, and also teach them interesting facts about history and geography. If you think your child might be interested in becoming a coin collector, here are four tips for helping them get started:

Find the Right Coin Collecting Album

Once your child starts their coin collection, they'll need an album to keep their coins organized and safe. These are available in a variety of styles, so be sure to involve your child in the process of finding one they'll love. You can even find coin albums specially designed for kids online. Make sure there are spaces for labels where your child can add all the information they know about the coin.

Start with the State Quarters

Having your child start their collection with state quarters is fun and easy since there are so many of them in circulation. Your child will have fun searching through any change they (or anyone in the family) has on hand to look for the states they don't have yet. You can also ask for cash back at the grocery store in the form of quarters or have your child exchange money (such as money they get from their allowance or gifts) for quarters at the bank. 

To make this more interesting and educational, make a point of looking up facts about each state together, as your child finds specific state quarters.

Help Them Find Rare Coins

As your child's interest in coin collecting grows, you can encourage their hobby by purchasing (or helping them to purchase) some less common coins online or helping them search for unusual coins in any coin stashes you have gathered around the house. Some affordable options include wheat pennies, war nickels, and buffalo nickels.

Learn How Coins are Made

To make this hobby even more interesting, you and your child can learn how coins are made together by reading about it online or watching videos on YouTube. If you happen to live near Philadelphia or Denver or are considering a vacation in either city, be sure to take your kids to the U.S. Mints to see coins being made in person.

For more information, contact American Precious Metals Inc or a similar company.