Collecting gold coins can be a financially rewarding hobby as well as a enjoyable one but it is very important to keep in mind these factors when collecting gold coins. Firstly one should have in mind what sort of gold coins one wants to collect. There are many and some can be quite pricey. How much do you want or can you afford to spend? If you are on a limited budget you can easily start with some of the smaller coins and build up a collection perhaps over a period of time. One can get one tenth and even one twentieth of an ounce gold coins these days and these are much easier to purchase than the traditional one ounce gold coins.