One of the best things about coin collecting is getting the chance to share your experience and knowledge with others, as well as introducing new people to the hobby. Here are some tips that will help you convert the people around you into collecting coins.

Show Them How It Benefits Them

Most people recognize the value of silver and gold but don’t fully understand the reasons they should begin collecting coins. One way to convert them is to explain how inflation works and how paper money depletes their net worth over time. Inflation is the result of the government printing money. As the paper money in circulation increases its value falls and prices rise accordingly. This is why housing, food, clothing, education and other goods become more expensive over time. Explain to people that converting at least 10 percent of their cash savings into silver and gold will protect them from inflation while preserving their wealth is a great way to get them interested in the hobby, particularly if they are already financially astute.

Give Them A Coin As A Gift Or Present

Offering a coin in the form of a gift is one of the perfect ways to get someone interested in the hobby, especially if it is a child. Children are more impressionable and often enjoy trying new things. Instead of just giving them a gift, you will also want to explain the history behind it, as every coin has a story to tell. Children love hearing stories, so this is another way to create a lasting influence.

Take Them To A Coin Dealer or Event

For people who are extroverted or outgoing, a coin event or conference is the perfect place to meet new people and socialize. They will learn about coin collecting from the new people they meet and this experience may increase their interest in the hobby. For those who are more introverted, a quiet coin shop is the perfect place for them to look around and get a feel for what coin collecting is about. The sight, sound and scent of the coins may prove to be a memorable and alluring atmosphere.

Don’t Waste Time With Those Who Refuse To Show Interest

For whatever reason, there are people out there who will never have an interest in coin collecting, even though it can benefit their long term savings and wealth preservation. Oftentimes these people either cannot afford to collect coins, or they simply do not recognize the relationship between paper money and inflation and all the problems it causes. It is always possible that circumstances among these people will change, but it is best not to waste time trying to convert them.

You should only talk with people that are open minded and have an interest in history. Often these people will be the best candidates for coin collecting, along with children. Once people reach a certain age they tend to become set in their ways and if they aren’t coin collecting at that point it is unlikely they ever will.