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Coin Collecting: Kids

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Petersun's Avatar
Canada
1700 Posts
 Posted 04/11/2013  12:32 am Show Profile   Bookmark this topic Add Petersun to your friends list Get a Link to this Message Number of Subscribers
In your opinions, should kids be encouraged to coin collecting?
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 04/11/2013  12:37 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
I think they should get an equal share of encouragement and education.
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Cali_Nick's Avatar
United States
307 Posts
 Posted 04/11/2013  03:02 am  Show Profile   Bookmark this reply Add Cali_Nick to your friends list Get a Link to this Reply
Show them an Ike dollar, Peace dollar and Morgan dollar. If they like any of the three they might like collecting.
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capsnhawks's Avatar
United States
134 Posts
 Posted 04/11/2013  08:59 am  Show Profile   Bookmark this reply Add capsnhawks to your friends list Get a Link to this Reply
By all means, Yes! Our youngest son (8 years old) became interested in coins when my father gave him a couple of Morgan silver dollars and Walking Liberty halves for Christmas a few years ago. He did the same for our three older children in the past, but they never really showed an interest in pursuing a collection. Our youngest son, however, has enjoyed putting together a collection (he is drawn to Eisenhower dollars) and looks forward to attending coin shows with me. Granted, at his age, his attention span is a little short, but he asks questions about the countries the coins are from and likes hearing about the history. Coin collecting is a great learning opportunity for kids - economics, geography, art and design, history, etc.
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CoinsKelly's Avatar
United States
3453 Posts
 Posted 04/11/2013  09:24 am  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
Yes! My son prefers world coins and we talk about the history and the country when he finds things he really likes. Even without the historical references, this is a great hobby for kids to develop fine motor skills and the an eye for detail.
Edited by CoinsKelly
04/11/2013 09:29 am
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Rupre07's Avatar
United States
176 Posts
 Posted 04/11/2013  09:28 am  Show Profile   Bookmark this reply Add Rupre07 to your friends list Get a Link to this Reply
Yes, regardless of the amount of education they will still make mistakes and that is where the real "learning" comes from. Atleast that's how I learned.
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Thailand
1509 Posts
 Posted 04/11/2013  10:05 am  Show Profile   Bookmark this reply Add thai-vic to your friends list Get a Link to this Reply
It's like anything else with kids, including myself so many years ago.
I had a phase of stamps, cigarette packets and beer mats (I'm talking about the UK here) but my one abiding passion was (initially) coins then currency in general.
And the instigator? My mother. Low key and never pressurised and she's the one that hooked me. She also collected matchboxes and matchbooks.
Although neither of my children have taken up this particular hobby I always encouraged them with whatever they took up. My son now makes his living through his particular early passion - music.
You can never force anyone to take up a particular interest. The best I can hope for is that, over time, maybe, just maybe, one of my grandchildren will inherit the same passion that I have (and boy will they get a fantastic inheritance - just as I did from my mother)>
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denco7's Avatar
United States
2543 Posts
 Posted 04/11/2013  11:04 am  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
I collect with my two sons (8 and 11) out side of sports, there is no better father son time. I have tried to guide them without " telling " them. Unfortunately my youngest is into the monetary value more than the beauty and history.
My eleven year old has " my " appreciation of coins. He doesn't understand " flipping ". It is like pulling teeth to get him to sell one of his coins in order to upgrade to a better one.

Our best times are going to the local coin auctions. We get the catalogs and he spends all week identifying coins that we want and working out a max bid ( with BP ). Sometimes we get great coins, sometimes we walk away with nothing. Sometimes I think he has more of a sense of pride when we walk away with nothing. " Well Dad, we didn't get the coins we wanted, but at least we weren't the suckers who way overpaid for those coins "

With a little guidance collecting with your kids can be great for you both.

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carmykle's Avatar
United States
2448 Posts
 Posted 04/11/2013  11:11 am  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
I think all children should be taught about coin collecting. Lord knows most kids these days know nothing about money, money management, or wealth accumulation. As my adopted grandson once said about the collection I gave him and tried to explain the significance and future worth (he's a 9 year old), "I can't wait to spend them".

We reap what we sow! Teach them well!
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henryjamesbuttons's Avatar
United States
81 Posts
 Posted 04/11/2013  1:05 pm  Show Profile   Bookmark this reply Add henryjamesbuttons to your friends list Get a Link to this Reply
Absolutely. It teaches them history, the value of a dollar, patience, reading skill, it's an interactive hobby for parents/kids. The list goes on. My 17 month old daughter and I look through my coin books. Whenever I get literature from the mint that I do not mind being destroyed, I give it to her and show her the obverse (heads) and reverse (tails) she loves it! In one of her baby books of shapes a caricature of a Morgan dollar is used for circle, of course we call it a Morgan dollar and not a circle :) She also has a set of plastic coins we look at. I think I started teaching her about coins when she was about 3 months old now that I think of it! I may be creating a monster ;)
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srs77's Avatar
United States
3069 Posts
 Posted 04/11/2013  1:12 pm  Show Profile   Bookmark this reply Add srs77 to your friends list Get a Link to this Reply
Speaking for myself, I was seven or eight when a trip to my grandparents house turned into a history lesson from my dad and my grandfather.

You see, both of them had coin collections and my grandfather, be ever so patient with his young grandson, not only showed him all of his coins but gave him a history lesson on the coins I got to view.

To this day the coin I remember being most fascinated about was his 1802 Large Cent. I was more amazed when he told me the coin was made before Abraham Lincoln was born!

Well needless to say nearly 50 years later I continue enjoying the hobby my dad and my grandfather got me hooked on at a young age and I gladly passed this down to both of my sons and I hope they continue that tradition.

So yes, absolutely, without any doubt, get kids into coin collecting! It made everything I learned about in history more fun and more important.

The great side effect from it is you get some very neat one on one time with your kids, nieces, nephews, grandchildren whoever it might be!
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ram96's Avatar
United States
417 Posts
 Posted 04/11/2013  1:58 pm  Show Profile   Bookmark this reply Add ram96 to your friends list Get a Link to this Reply
With out a doubt. Just think of how may time you have said to yourself that you wish you would have started when you were young.

All they are doing is investing in their future and you will be teaching them the value of money. Even if you only start them off with pennies it is a inexpensive lesson to teach them.
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Voshus007's Avatar
United States
442 Posts
 Posted 04/11/2013  2:24 pm  Show Profile   Bookmark this reply Add Voshus007 to your friends list Get a Link to this Reply
I think that's its really important for kids to start collecting and other collectors to encourage it. I'm 17 started collected when I was 14 and its taught me way more than I had ever thought! It's a great way for me to connect dates in history class because I use different coins and there dates to help me remember significant dates in history which also help vise versa because now I have most key and semi key dates memorized. I started collecting State Quarters and now have expanded to coins I never even thought I would ever own when I first started. And when I first started I found that I had a coin shop fairly close went in and instantly knew that someday I wanted to work there well now that dream will becoming a reality.

I think that unless adults educate (not force) the younger generations into collecting then its great and that without it the hobby in a whole would start to die out. If we don't educate the younger generations then that knowledge is lost and can never be regained! For example my grandpa died in the 80's and not until a couple months ago did I learn that he collected for his entire life other family members didnt care so they never bothered to learn and all of his knowledge died when he died. I only wish I could hear his stories :( he had over 200 silver dollars at the time of his death and even while going through ruff times with my grandma he refused to sell any he just worked harder for any extra money, my grandma remembers him having real rare coins that if he sold just one he could pay for months worth of groceries or even bills but he tryed his hardest to save it.

That's just my personal thought on the subject
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 04/11/2013  6:50 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
It's the reason Coin Community exists and our number one priority, if that'll answer your question appropriately.
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snowman's Avatar
United States
1840 Posts
 Posted 04/11/2013  8:20 pm  Show Profile   Bookmark this reply Add snowman to your friends list Get a Link to this Reply
My 10 year-old has been collecting since he was 6. It gives us quality time together and provides many good educational opportunities. My 7 and 4 year-old do not share his same interest in numismatics, but that may change in time.
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Petersun's Avatar
Canada
1700 Posts
 Posted 04/11/2013  11:59 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
But wouldn't it be a bad thing if the kid puts the monetary values over the beauty and history (educational values)?
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