# Coin Collecting Cheatsheet ## Coin Grading - Mint state: uncirculated coin with no wear - Extremely fine: slight wear on high points of coin - Very fine: moderate wear on coin design and lettering - Fine: heavy wear on coin design and lettering - Good: heavily worn with some details still visible ## Coin Preservation - Handling: handle coins by edges to avoid damage - Cleaning: avoid cleaning coins to preserve natural patina - Storage: store coins in protective holders or albums - Display: display coins in cases or frames to avoid damage ## Coin Valuation - Rarity: rare coins are more valuable - Condition: coins in better condition are more valuable - Demand: coins in high demand are more valuable - Historical significance: coins with historical significance are more valuable ## Coin Types - Circulated coins: coins used in everyday transactions - Commemorative coins: coins issued to commemorate a specific event or person - Bullion coins: coins made from precious metals for investment purposes - Error coins: coins with mistakes or defects that make them rare ## Coin Collecting Tips - Research: learn about coin types, grading, and valuation before collecting - Focus: choose a specific type or era of coins to collect - Network: join coin collecting clubs or attend coin shows to meet other collectors - Budget: set a budget and stick to it to avoid overspending - Enjoy: have fun and enjoy the process of collecting coins. ## Coin Collecting Resources - [American Numismatic Association](https://www.money.org/) - [Professional Coin Grading Service](https://www.pcgs.com/) - [Numismatic Guaranty Corporation](https://www.ngccoin.com/)