Rat Race Rescue News » Finances

Why I’ve Started Coin Collecting as a Hobby

VicBils — Fri, 16 Jan 2009 01:35:22 +0000

Most people engage in different activities that they consider hobbies. When people consider a particular activity as a hobby, it means they find that activity pleasurable, and in this case I find it enjoyable to collect silver coins.

In my particular case, the monetary value of the coins is also important. As such, it might also be considered an investment.

History tells us that the main reason other generations collected coins was the value that coins would someday attain. The ancient form of coin collecting was even labeled a hobby “fit for the kings” because ancient coins were so valuable that only the kings were capable of collecting them.

Today’s coin collection is no longer limited to the “kings” or the affluent. Anyone can now consider coin collecting as his or her hobby. The popularity of coin collecting continues to flourish as more and more people collect coins. That is why it is now known as the “King of Hobbies”.

Why Such Popularity
One of the many reasons coin collecting is considered by many as one of the most popular hobbies in the world is based on its ease of access.

When somebody wants to start coin collecting, he can start any time, anywhere. Some people start coin collecting with the coins that they have in their pockets. This phase of coin collecting is known as the “accumulator” stage, where collectors try to accumulate as many coins as they can often using their “pocket change”. I sorta started this way by collecting state quarters.

What is it with these quarters that millions of people seem to go “gaga” about? Primarily, doing it is easy as these quarters can be found almost anywhere and the collectible coins do not cost much more than face value. Nearly all of my state quarters were obtained as change from purchases, and a few by purchasing rolls of quarters.

At first, the quarters I collected were placed inside a large glass jar. That was perfectly fine for a while until I got a little more serious and purchased some coin storage folders from a local coin shop.

The sequence of how the state quarters are minted is based on the order of the states. Basic US history tells us that Delaware was the first state; therefore, this was the first quarter minted. For the sequence of the other states, check the schedule from 1999 to the 2008 of the US Mint.

As I learned more about the history of coins and in particular the history of money, my new hobby became more expensive. This is because I chose to collect “real money” in the form of silver coins. And the rest, as they say, is history.

Collecting silver coins as hobby is a pleasurable activity that any person can use to create a feeling of gratification, and is a smart way to accumulate money that has true value.

Manufactured Prosperity

VicBils — Mon, 24 Nov 2008 17:54:14 +0000

In 2008, America was faced once again with another financial crisis. And, like in previous crises, it was engineered by the same International bankster elites that have sought to set themselves above mankind in order to arrange, organize, and regulate it according to their fancy. Easy and low cost credit created by artificially manipulated interest rates by the Fed encouraged a real estate boom (the problem). Once unsustainable levels of investments were reached, the values of those investments were debased leading to a contraction of credit, widespread foreclosures, and runs on the banks (the reaction). And, like in previous crises, the International banksters provided the solution… government bailouts of trillions of dollars of taxpayer money into the coffers of financial institutions “too big to fail.”

The Importance of Money

VicBils — Mon, 02 Jun 2008 23:51:13 +0000

Money is important in the Bible.

There are over 2,000 passages that refer to the use of money.
Nearly two-thirds of Jesus’ parables make some reference to money.

The Bible considers money important because God revealed to its writers the positive and adverse effects money has on us. God knows that we all struggle in some way with money, at least on occasion. Our health can be subverted, our relationships poisoned, our integrity impugned and our lives shortened if we slip one way or another into financial bondage.

Since we all deal with money, we all need good financial counsel.

What Do You Know About The IRS

VicBils — Thu, 15 Jun 2006 00:35:00 +0000

Few things threaten your well-being like the harassment and anxiety of persistent tax problems. Most people make 3 mistakes that get them in trouble with the IRS. They procrastinate. They attempt to represent themselves. They hire sub-par representation and now are in MORE need of help than ever before.

These are the kind of services a Tax Attorney can provide:

Read more about the IRS

It’s About the Money!

VicBils — Sun, 21 May 2006 21:51:49 +0000

Whether it’s health care, national security, human rights, the environment, education, or whatever… there is always a bottom line. And, that bottom line is money – or to be more specific… the control of money as Rothschild alluded to.