Common Mistakes Chicago Coin Collectors Should Avoid
Coin collecting in Chicago offers many opportunities, but there are a few common pitfalls that can affect your success. Avoiding these mistakes helps preserve the value and enjoyment of your collection.
Watch out for:
- Skipping documentation – Failing to keep receipts or certificates can make resale more difficult.
- Buying without research – Not checking a coin’s background or value may lead to overpaying.
- Improper storage – High humidity and improper handling can damage coins over time.
- Ignoring fakes and replicas – Always verify authenticity, especially when buying online or at small shows.
- Over-cleaning coins – Polishing or scrubbing coins can reduce their value significantly.
Collectors working with a rare coin dealer Chicago service should ask for guidance on proper storage and verification. Building a valuable collection takes time, care, and reliable support from experienced sources.