Coin collecting is also called coin trading. There is a very long history behind coin collecting that dates back to Ancient Rome as early as the 14th century. In the 17th and 18th centuries, coin collecting was a leisure activity for the middle class. It was their way of proving their growing wealth. During this time coin grading services were rare. During the early times of coin collecting, coins were described by using three words and they were good, fine, and uncirculated.
During these early times, coins were collected for their artistic value. Contemporary coin collecting became popular during the 14th century and during this time it was considered a fad. It was extremely popular in privileged classes. The most noble, kings, and princes kept coin collections. During this time, coin collecting was often called “The Hobby of 
Kings.” That was because only the wealthy could afford coin collecting.
In America during the 20th century, rare coin collecting was becoming popular. During this time the American Numismatic Association was developed. Professional grading is very important in coin collecting because it reduces the number of counterfeits. Today the market for coin collecting includes the collecting of antique, foreign, and exotic currency. Today, coin collecting is often called the “King of Hobbies.” That is because it is known to be one of the most oldest hobbies in the world. There are a few reasons for collecting coins and some of them are for hobby, investments, or inheritance. Coin collecting today is often a very competitive activity.
