Coin Collecting Is Fun – Spread The Word!

Posted on July 15, 2010 by

Coin collecting has always had to compete with other activities as ways to fill our spare time (if we’re lucky enough to have any).  Back when I was a kid, popular activities included baseball card collecting and trading, fishing, playing with the neighborhood kids (until dark or when Mom called us for dinner…whichever came first), riding our bikes, fighting, and getting dirty.  Today’s kids are tempted by an entirely new and different set of activities: video games, updating their Facebook pages, texting, tweeting, watching hundreds of cable channels, and listening to thousands of songs on their iPod, iPad, or iPhone.

How can coin collecting compete with this technological onslaught?  Is the “graying” of the coin collecting community because numismatics is boring, or because we haven’t done a good enough job of promoting it’s positive aspects, especially to kids.

I believe we can do a much better job of promoting coin collecting.  Here’s how.

1. Focus on the positive. Through coin collecting, kids can learn about people, art, geography, economics, politics, history, and language.  They learn about the value of money and how to save for something they want.  They’ll learn how to organize an accumulation of coins into a meaningful collection.  They’ll learn about stewardship as they protecting their coins for the collectors of tomorrow.

2. Focus on the financial aspects. Coin collecting is a great way to teach kids about saving, investing, and preserving wealth.  Buying a coin is not like buying a video game.  Both will provide hours of entertainment, but in the end, the coin will be worth something.  Coin collectors learn about the time value of money, inflation, deflation, how different currencies relate to each other, how money is valued in terms of gold and silver, and trends in pricing.

3. Spread the word. Coin collecting is not a spectator sport…it is meant to be shared.  Kids need to learn that coin collecting is a fun way to spend their time.  Give a kid a coin, take them to your local coin shop, attend a coin club meeting, help your kid develop an exhibit or a Powerpoint demonstration, help your Boy Scout Troop with their coin collecting merit badge, or give them a few dollars and let them loose at a coin show.

Most important, make it fun!

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