Coin enthusiasts gather in Cambridge to score big on future assets

CAMBRIDGE, Md. – When you think about assets, do coins come to mind?

At one local event, coin enthusiasts encouraged people to consider how much the currency could really be worth.

“I’m going to put it away, and I’m hoping as what the trends have shown in the past, that I’ll be able to eventually sell it, or pass on to my kids in the future, and it will be worth more,” said coin collector, Will Beaven.

That loose penny at the bottom of your wallet may actually be worth more than you thought, according to coin expert, Erick Windsor.

“Things can vary dramatically. There are coins that are here for $0.50; I just looked at someone else’s coin for $6,500, it can just be a huge difference in value, depending on the item, and depending on its history,” Windsor said.

Collecting and studying currency has been Windsor’s forte since he was a child.

Now an adult, with a collection of hundreds of coins, he said each piece of medal represents a small token of history.

“It ties history with art and science,” Windsor said. “You have where they come from, some that are local, and you have just a variety of items that can appeal to any level of collector.”

Like Windsor, Beaven has been collecting currency since he was 3. On the hunt for more, he dropped a pretty penny on Saturday’s find.

“I actually just got this today. it’s a $10 Indian,” Beaven said. “I got it for $1,100 and I could probably sell it for a little bit more.”

In an effort to preserve the hobby and pass it on to the younger generation, Beaven said picking up a coin can introduce you to a world of endless possibilities.

“I feel like it’s a dying hobby, which is unfortunate,” Beaven said. “It’s just something to collect, and you’re really just repurposing your money.”