Coin collecting cannot only be fun and interesting, but it can also be a good investment. If you are planning on starting a coin collection as an investment, you will have to educate yourself; there are many good books that you can get on the subject.
You should find a reputable coin dealer. There is an association called the Professional Numismatists Guild; the members have met several strict standards in order to join, and have agreed to submit to binding arbitration to settle disputes.
This could be important to you if you are buying coins as an investment. If you get a coin that is not what you expected, you will have some recourse to get the matter settled. The PNG has an online directory where you can search for one of their dealers.
There are coin grading services available where you can send your coins to have them graded; but if you learn to grade them yourself you can save some money. You will also be able to make a more informed decision when purchasing a coin.
There are ten different grades that coins are usually classified as; they are, mint condition, almost uncirculated, extremely fine, very fine, fine, very good, good, about good, fair and poor.
There are more people becoming interested in coin collecting as an investment as the worth of some coin investors portfolio's out perform the stock market, and some financial advisors have suggested keeping 10% of their portfolio in rare or precious coins.
A good place to buy some coins that have a good chance of increasing in value is from the US Mint; they occasionally sell special edition and collector coin sets. You should avoid the coins that you see on television, unless you just want to buy them as a souvenir.
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