AUBURN - Some people like to spend money, others like to save it.
And thanks to the special series of state quarters, interest in coin collecting is growing.
“The coin business has been pretty steady this year,” said Mark Caiello, who owns a coin shop in Liverpool. “The statehood quarters are very popular.”
Caiello was one of the many who attended the Cayuga County Coin Club show Sunday. Dealers and collectors gathered to buy, sell and trade coins, paper money and related items.
Among them was Ronald Winter, who, like Caiello, had a booth set up at the show.
“I used to come in to Auburn when I was in high school. I've been a member of the club for about 40 years. Some people specialize in coins or tokens or silver and gold. Coins are more available now through the Internet and national advertising.”
“The statehood quarters have brought a lot of new collectors into the hobby,” said Winter's wife, Melody.
Dave DeTomaso is the Cayuga County club president and has been collecting coins since he was a 7-year-old Cub Scout. Ben Duckett has been a member since 1982.
“I've been a coin collector since the early '60s,” said Duckett. “Mostly U.S. coins, but a little bit of everything.”
The value of most coins is based on their condition.
Collectors are especially fond of proofs - coins that are made from special dies.
Also popular are uncirculated coins, which have never been used and are in excellent condition.
For someone interested in starting a coin collection, experts recommend selecting a type of coin, such as quarters or half-dollars, or coins from a particular country or that have a theme on them, such as flowers or historic figures. Magazines and books are available that provide information about both old and new coins and how to preserve and collect them.
“Coin collecting is the only hobby where you can spend all your money and have money left over,” DeTomaso said.
If you go
What: The Cayuga
County Coin Club
When: 7 p.m. the second Wednesday of the month
Where: Polish Falcons
“The coin business has been pretty steady this year,” said Mark Caiello, who owns a coin shop in Liverpool. “The statehood quarters are very popular.”
Caiello was one of the many who attended the Cayuga County Coin Club show Sunday. Dealers and collectors gathered to buy, sell and trade coins, paper money and related items.
Among them was Ronald Winter, who, like Caiello, had a booth set up at the show.
“I used to come in to Auburn when I was in high school. I've been a member of the club for about 40 years. Some people specialize in coins or tokens or silver and gold. Coins are more available now through the Internet and national advertising.”
“The statehood quarters have brought a lot of new collectors into the hobby,” said Winter's wife, Melody.
Dave DeTomaso is the Cayuga County club president and has been collecting coins since he was a 7-year-old Cub Scout. Ben Duckett has been a member since 1982.
“I've been a coin collector since the early '60s,” said Duckett. “Mostly U.S. coins, but a little bit of everything.”
The value of most coins is based on their condition.
Collectors are especially fond of proofs - coins that are made from special dies.
Also popular are uncirculated coins, which have never been used and are in excellent condition.
For someone interested in starting a coin collection, experts recommend selecting a type of coin, such as quarters or half-dollars, or coins from a particular country or that have a theme on them, such as flowers or historic figures. Magazines and books are available that provide information about both old and new coins and how to preserve and collect them.
“Coin collecting is the only hobby where you can spend all your money and have money left over,” DeTomaso said.
If you go
What: The Cayuga
County Coin Club
When: 7 p.m. the second Wednesday of the month
Where: Polish Falcons
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