All about Coins, Stamps & Banknotes
King of Hobbies & Hobby of The Kings
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Collection of Coins and other similar articles like Stamps, Bank notes, Envelopes etc. is one of the oldest hobbies, once practiced mostly by Kings and the wealthy individuals beacuse it demands high investments of time, money & commitments. Coin collecting thus came to be called the “King of hobbies” and the “hobby of Kings.”
For anyone who is younger, it is a good idea to collect silver specifically because it is an opportunity to capitalize on an expanding market over a period of time. Others collect such articles based on nostalgia related to events surrounding the date of a coin; still, others choose to collect commemorative coins.
In addition to potential financial or investment benefits, the most common reasons people collect coins, stamps, banknotes etc include:
Knowledge and learning
Relaxation and stress reduction
Personal pleasure (including appreciation of beauty, and pride of ownership)
Social interaction with fellow collectors and others (i.e. the sharing of pleasure and knowledge)
Competitive challenge
Recognition by fellow collectors and perhaps even non-collectors
Altruism (since many great collections are ultimately donated to museums and learning institutions)
The desire to control, possess and bring order to a small (or even a massive) part of the world
Nostalgia and/or a connection to history
Accumulation and diversification of wealth (which can ultimately provide a measure of security and freedom)
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