HomeBlogBlogWhat Is the Best Coin to Start Collecting?

What Is the Best Coin to Start Collecting?

What Is the Best Coin to Start Collecting?

What is the best coin to start collecting?

A Lincoln cent is our best choice for a first coin collection. You can find these familiar pennies in circulation, start with a small budget, and build a collection one date at a time. The design also gives you an approachable introduction to mint marks, coin condition, and changes in U.S. coinage.

Start by looking through your spare change for different dates. You may find both modern cents and older wheat cents, which have two wheat stalks on the reverse. Keep the coins that interest you, then arrange them by year or design. There is no need to buy a rare coin to enjoy your first collection.

Why are Lincoln cents good for beginners?

Lincoln cents offer a long-running series with plenty of variety. Many are inexpensive, so you can practice identifying and organizing coins before deciding whether to pursue scarcer dates. They are also small enough to store in an affordable coin folder.

As you examine each coin, look for the date and any mint mark on the front. The mint mark identifies where the coin was made; some coins have no mint mark. Compare examples from different years and notice how wear affects the details. A heavily circulated coin can still be a worthwhile addition to a beginner’s collection.

How should you build your first collection?

Choose a simple goal, such as collecting one Lincoln cent from each year you find in circulation. A folder with labeled spaces can help you see what you have and which dates are missing. You can also keep a short inventory with the date, mint mark, and amount paid for each coin.

Handle coins by their edges when practical, and store them in holders designed for coins. Avoid cleaning them: rubbing or polishing can damage the surface and reduce collector value. For a coin you suspect may be valuable, leave it as found and seek a qualified assessment before selling it.

What if you prefer another coin?

Pick a series that keeps you curious. State quarters are another accessible choice if you enjoy collecting different designs, while Jefferson nickels offer a different denomination to explore. Our team recommends setting a comfortable budget and learning the basics before buying more expensive examples.

For a practical plan, explore our beginner’s guide to coin collecting.

FAQ

Should you clean old coins before collecting them?

No. Cleaning can scratch a coin or alter its surface, potentially reducing its value; keep it in a coin-safe holder instead.

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