Thursday, February 21, 2013

The Dos and Don?ts for Children?s Coin Collecting

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Coin collecting can be a great hobby for a child, one filled with both excitement and educational value. Parents who try to get their children into coin collecting will be able to see multiple benefits and learning lessons over the course of the collection itself.

With that being said, there are some things that you will want to avoid as you work to get a coin collection going for your child. These dos and don?ts for children?s coin collecting are going to help you to better understand how to help your children get the most out of the collection.

Do Give Them Starting Money

While it is important to have your child save money for the coins that they want, you need to pique their interest in the collection itself. Giving your child some money to start with is a great way to get them into the world of coin collection. Simply be sure to let them know what the coin value of the different coins are so that they understand what is in their price range and budget range.

Do Not Tell Them What to Buy

You want to make sure that your child has complete ownership of their collection. They need to feel invested in the collection and need to feel like they are making the decisions. If they have the money, let them choose the coins that they add to their collection. Coin collection is all about finding what you like and finding what makes you happy with your collection. If you tell your children what to buy, they will not enjoy their collection.

Do Let Them Negotiate

If you want to make sure that your child gets as much out of the coin collection as possible, you need to let them do things that you would usually handle on your own. You want to let them do things like negotiate down prices, as it will teach them skills that will be valuable later in life.

Do Not Do It For Them

You need to let them handle the majority of the different aspects of coin collecting. You need to let them do their own research, choose their own coins, and sell their own coins. Give them the opportunity to understand what it is like to handle a full collection on their own. They will take better care of the collection if they are invested in the collection.

It is bad for you to take a completely controlling approach to your child?s coin collecting, as it will take all of the fun out of the hobby for the child. With that being said, you do not want to have a completely hands-off approach. You need to find a balance between guiding your child through their coin collecting and allowing them to make their own choices and decisions. This is how you are going to get the best results and the greatest learning experiences for your child from coin collecting.

Photo Credits: Pink Sherbet Photography

Originally posted 2011-05-29 11:05:10. Republished by Blog Post Promoter

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Categories:

Coin Collecting

Tags:

budget, coin collection, kid coin collecting, kids collecting coins


Source: http://www.vintageantiquecollectible.com/coincollecting/the-dos-and-don%E2%80%99ts-for-children%E2%80%99s-coin-collecting/

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