Coin Collecting - Organize Your Coin Collection

By John P. Shields

Most collectors already have their coins organized in some fashion. Whether coins are stored in Whitman folders, 2x2 staple-ups, coin holders, plastic tubes, pill bottles or just in a tin box in the closet; this article might give you a better appreciation of your collection.

Many collectors have stacks of coins in plain view awaiting a final resting spot. And nestled in organizer drawers are numerous envelopes of all sizes, each labeled with their respective contents, awaiting a home. And stashed in index card boxes are coin tubes of all types, each with identifying labels.

So when do you begin? . Identify the coins by type (cents, nickels, dimes etc). Further break down the list by grade, uncirculated, circulated, proofs, certified, commemoratives, errors, special projects or specific dates or eras.

Reverse the order if you want. You know the collection better than anyone does else does. Any coins that are questionable leave them alone for now. You will figure it out later.

Let’s say you want to assemble a set of 1960 through present day Lincoln cents. As each coin is acquired, track it on a computer or just paper and pen. Choose whatever method works for you. Paper is susceptible to spilled coffee and erasure tears but isn’t affected by power outages or mechanical failures.

Purchase some 2x2 staple-ups and a dozen of so good quality coin pages. Prices vary on these items, so shop around. And of course, you will need a three-ring binder. Place a label on the spine of the binder with proper notation.

Each coin should be degreased with plain water or rubbing alcohol. Always observe handling a coin properly. Place the coin in a 2x2 staple-up. Write the date of the coin, mint and grade on the staple-up. Finally put the 2x2 in a coin page in their respective type and chronological order.

Once you have gotten underway, you may hear yourself saying ‘Gee, I wish I had a better grade for that coin’. Unless you have purchased each coin in uncirculated grade, the visual layout will spark all kinds of upgrades and improvements that may be overlooked otherwise. Of course, this will add more future fun for the collector.

Aside from the coins, the total cost so far in organizing this one collection should be under $10. And the binder and coin pages can be reused for other collections.

Let me know what you think. ‘The Coin Box’ is still learning the ropes as well.