Q:

How do you appraise the value of old Canadian coins?

A:

Quick Answer

Appraise the value of old Canadian coins by finding a local coin dealer and scheduling a time to have her review the coins. Alternatively, bring the coins to a trade show or convention, or use an online appraisal guide, such as CoinsAndCanada.com, CDNCoin.com or CoinQuest.com, as of 2015.

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Full Answer

Taking old Canadian coins to a dealer for an official price appraisal is the best way to determine their value, as coin dealers have the most up-to-date knowledge about prices. Make sure the dealer you visit is familiar with Canadian coins in particular, since there are subtle details about certain mintings that may greatly affect the price. If you are unable to find a nearby dealer, search for a coin expo or convention to attend, since these events often feature many dealers and experts offering appraisal services. These are also good places to sell coins after determining their value.

Performing a self-appraisal is another option, since you can quickly retrieve prices from multiple sources online. Sites such as CoinsAndCanada.com organize their price guides according to each coin's denomination and year. Auction sites such as eBay.com are also useful for self-appraisals, because they allow you to check current sale prices for different coins.

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