A Guide to Collecting Coins in Florida

map of Florida with four coins on it

If you’re a coin collector in Florida, you’re in luck. The Sunshine State is home to a variety of rare and valuable coins, from Spanish colonial pieces to modern commemoratives. But how do you find these coins, and how do you know if they’re authentic? This guide will provide you with tips on where to look, how to authenticate your finds, and how to care for your collection.

2011 Silver American Eagle 25th Anniversary 5 Coin Set NGC MS70 / PR70

A Glittering History of Coins in Florida

Florida’s coinage history begins with the arrival of Spanish explorers in the 16th century. The state’s early history is closely tied to Spanish rule, and as a result, numerous Shipwreck coins, including the famed pieces of eight, have been discovered along Florida’s coast. These coins tell the story of exploration, colonization, and trade in the New World.

During the American Civil War, Florida played a significant role, and this tumultuous period left behind a legacy of Confederate coinage. Today, collectors and historians treasure these coins as valuable relics of a turbulent time in American history.

Treasures Beneath the Waves

One of the most exciting aspects of coin collecting in Florida is the abundance of shipwrecks along its coastline. These underwater time capsules have yielded countless coins from various periods, often in remarkable states of preservation due to the protective properties of the sea. Collectors and treasure hunters flock to Florida’s shores in search of these sunken treasures, creating a thriving community of enthusiasts.

Atocha 8 Reales Grade 3 with CoA & Frame (2)
Atocha 8 Reales Grade 3 with CoA & Frame

Where to Find Rare coins in Florida

One of the best ways to find rare coins in Florida is to visit local coin shops and attend coin shows. These events bring together collectors and dealers from all over the state, providing a great opportunity to network and learn about new coins. Do some research online to find out when and where these events are taking place, and be sure to bring a list of the coins you’re looking for. When visiting coin shops, ask the staff about their inventory and any upcoming events they may be attending.

Some Highly Collectible Coins in Florida are:
Morgan Silver Dollars
American Eagles
Buffalo Nickels
And more!

Be sure to compare the cost of coins, as all coin shops are not made equal. You don’t want to risk paying a huge premium on a coin when another local shop has better pricing. Proper research is a key component of coin collecting.

Join a Coin Collecting Club or Group

Joining a coin-collecting club or group in Florida can be a great way to connect with other collectors and learn more about the hobby. These groups often hold meetings, events, and auctions where members can buy, sell, and trade coins. They may also offer educational resources and opportunities to attend seminars or workshops. Look for local clubs or groups online or through coin shops and attend a meeting to see if it fits you well.

There are a lot of great resources online. Be sure to follow coin blogs to be up-to-date on information. This will help you contribute to conversations in your new coin club and become an active participant and knowledgeable collector of coins in Florida!

Attend Auctions and Estate Sales

Attending auctions and estate sales can be a great way to find rare coins for your collection. Many times, people who inherit coin collections or come across them in estate sales may not know the true value of what they have. This can lead to great deals for collectors who know what to look for. Make sure to do your research beforehand and know what coins you are interested in and their value. Additionally, be prepared to bid and have a budget in mind to avoid overspending.

Looking to Sell Your Coins? We Pay the most in Florida!

Learn How to Authenticate Coins

Authenticating coins is an important part of coin collecting. There are many counterfeit coins out there, and it’s important to be able to spot them to avoid wasting money on a fake. One way to authenticate coins is to look for specific markings or characteristics that are unique to that coin. You can also use a magnifying glass to examine the details of the coin, such as the date and mint mark. Another option is to have the coin graded by a professional grading service, which can provide a certificate of authenticity.

1937-D 3 Legged Buffalo Nickel XF45 NGC

Properly Store and Care for Your Coin Collection

Once you have started your coin collection, it’s important to properly store and care for your coins to ensure their longevity and value. One of the most important things to remember is to handle your coins as little as possible, as the oils from your skin can damage them over time. Store your coins in a cool, dry place, such as a safe or a coin album. Avoid storing them in areas with high humidity or extreme temperatures, as this can cause damage to the coins.

Additionally, do not clean your coins. The damage from harsh chemicals and brushing could devalue your coins.

Where to Buy and Sell Coins Florida

We’ve been in the business at Arnold Jewelers in Largo, Florida for over 38 years. Our Numismatist, Zack can educate you on the coin market, help you find your niche, and help you find rare US Coins and Foreign Coins. Whether you want to buy or sell your coins, trust Arnold Jewelers to have the best prices in Florida!

Want to read more? Check out our Popular blogs:

Looking for Rare US & Foreign Coins