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Coin Collection Cataloging Tips

There are many ways you can catalog your coin collection. You can use software, checklists, spreadsheets or even catalog sheets.  There are also websites that allow you to record and catalog your collection.

Accurate records will help you stay organized, if you decide to leave your collection for future generations. Itemized notes of your coins, will also be beneficial when selling your coins, and will be easier to keep track of your goals.

We have compiled a list of tips to make it easier to generate your catalog:

  • Keep a written record of where you found the coin, date, what you paid for it and what you think it’s worth today.
  •  Determine the metal it’s made of, mint mark and country of origin.
  • Use a scale to weigh your coins and record it in your notes.
  • Keep your records separate from your coin collection, in case of theft. In that case, you will have itemized records of each coin.
  •  Take a look at the IRS guidelines for coin collecting. These records are important for tax purposes.
  • Note the color and size as well as any images on the coins.
  • Document any inscriptions.
  • Arrange each denomination from least to greatest value.

To learn more about coin cataloging, please visit us at http://www. yellowriverrarecoins.com

 

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Contact Information

7204 W 27th St., Suite 107,
St. Louis Park,
Minneapolis, MN, 55426
Phone: (952) 920-6101
Fax: (952) 929-8036
Mail: sales@yellowriverrarecoins.com

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