Collecting challenge coins has become one of the most popular hobbies among Americans.
If you’re looking to start your very own challenge coin collection, there are a few rules to live by. You’re not going to have a widespread collection overnight, so it’s a great idea to pick a niche and stick with it for the first few years.
One of the best challenge coin niches is collecting police challenge coins. There are precincts all over the country that have issued challenge coins over the years, so there’s plenty of opportunity to grow a sizeable collection.
Keep reading because we’re going to give you a few essential tips for getting your coin collection off the ground.
1. Find Your Coin Dealers
If you’re going to start an amazing collection, you need to know where to get your coins. There are countless websites and social media groups that allow collectors from across the country to come together to buy and swap challenge coins.
When you’re looking for a particular police challenge coin from a specific year or part of the country, there’s a good chance a coin collector somewhere has it. The internet makes it possible to build a wide-ranging collection of coins from all over the world.
Every good challenge coin collection has a few custom pieces in it as well. A lot of people who collect police challenge coins do so because they know a law enforcement officer. You can design your own law enforcement memorial coin and have it custom printed by an amazing company.
2. Take Care of Your Coins
Investing your hard-earned dollars into a challenge coin collection isn’t like some other hobbies. By taking good care of your challenge coins, they’ll hold their value or even appreciate. Should you ever decide to sell your collection, this part is going to be really important.
There are guides for coin upkeep online, as well as display cases for purchase that’ll protect your coins while letting you show them off. Investing in a police challenge coin collection should always involve investing in the upkeep of the coins themselves.
3. Budget Accordingly
When you’re starting your collection from scratch, it’s normal to want to buy up dozens of coins at once to fill it out. If your coin collection is going to be a success, you need to take it slow and budget accordingly.
Realistically, you can’t spend hundreds of dollars per month on police challenge coins. Set aside a comfortable amount of cash per month and build your collection one coin at a time instead of in chunks.
Start Collecting Police Challenge Coins Today
These tips will help you start a high-quality challenge coin collection. Few things are more gratifying than finding rare and collectible police challenge coins, so use these tips to get your collection started on the right foot. Be smart about your purchases and you’ll be handsomely rewarded down the road.
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