What are my coins worth?
Whether you just inherited a coin collection or found something really cool in your change from the store, "What are my coins worth?" is a question that many people ask.
Coin shows and reputable local coin dealers are a great places to take your coins to get valued but it's always a good idea to have some idea what they are worth before you
go. You can always buy a book (Whitman's Red Book is a good one for retail values of U.S. Coins) but sometimes it's not practical to purchase a book just to look up one or
two coins. Your local library will usually have a coin book or two but often they are outdated. Hopefully, most of us have some sort of access to the Internet. Here's a list of a
few webpages that you can look at to get an idea of what your coins may be worth. Please remember that prices can change and that not all coin values will be realistic.
Most of the online guides list the retail price of the coin at a certain grade. If you're looking to sell your coins to a dealer, they will offer you wholesale prices for your coins
as they have to make a profit when they resell the coin.
Thanks and Happy Collecting,
Chris
Coin shows and reputable local coin dealers are a great places to take your coins to get valued but it's always a good idea to have some idea what they are worth before you
go. You can always buy a book (Whitman's Red Book is a good one for retail values of U.S. Coins) but sometimes it's not practical to purchase a book just to look up one or
two coins. Your local library will usually have a coin book or two but often they are outdated. Hopefully, most of us have some sort of access to the Internet. Here's a list of a
few webpages that you can look at to get an idea of what your coins may be worth. Please remember that prices can change and that not all coin values will be realistic.
Most of the online guides list the retail price of the coin at a certain grade. If you're looking to sell your coins to a dealer, they will offer you wholesale prices for your coins
as they have to make a profit when they resell the coin.
Thanks and Happy Collecting,
Chris
U.S Coins
NGC U.S. Coin Price Guide
Coins.about.com price guide
World Coins
NGC World Coin Price Guide
Don's world Coin Gallery
NGC U.S. Coin Price Guide
Coins.about.com price guide
World Coins
NGC World Coin Price Guide
Don's world Coin Gallery
Grading Coins
Proper coin grading can be one of the most difficult aspects of collecting to learn. Lucky for us, there are some great resources to help out. The idea behind coin grading is simple,
A coin's value is based on it's condition. Because there are so many different coins in so many different conditions, a grading scale is used. The scale used most often is
called the Sheldon Scale which assigns a condition and numeric grade to a coin. The only way to really learn how to grade properly is to look at a whole lot of coins. A good
dealer can help greatly in this, they usually have a whole lot of coins in a many different grades. Most are more than happy to let a beginning collector look at coins and
help them with grading. Unfortunately many of us do not have a coin dealer near by and have to learn grading on our own. The next best thing to looking at coins in hand is
looking at pictures of coins. The following links will help explain the grading scale and help determine how to grade your coins.
Good Luck and Happy Collecting,
Chris
A coin's value is based on it's condition. Because there are so many different coins in so many different conditions, a grading scale is used. The scale used most often is
called the Sheldon Scale which assigns a condition and numeric grade to a coin. The only way to really learn how to grade properly is to look at a whole lot of coins. A good
dealer can help greatly in this, they usually have a whole lot of coins in a many different grades. Most are more than happy to let a beginning collector look at coins and
help them with grading. Unfortunately many of us do not have a coin dealer near by and have to learn grading on our own. The next best thing to looking at coins in hand is
looking at pictures of coins. The following links will help explain the grading scale and help determine how to grade your coins.
Good Luck and Happy Collecting,
Chris
