Q:

How can you find out how much a coin is worth?

A:

Quick Answer

To find out how much a coin may be worth, collectors may visit websites such as the Professional Coin Grading Service and CoinQuest. Another way to determine prices of rare or old coins is to go to a coin collector shop or a dealer that specializes in old coins for an appraisal. These two options can help people who may want to sell their coins or collection determine the true market and appraised values of these coins.

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How can you find out how much a coin is worth?
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Full Answer

At the Professional Coin Grading Service site, there is a guide book for coins minted in the United States. Search for specific coins by different categories, such as coin material type and coin denominations. There are more than 295,000 current coin prices available at this site. The Professional Coin Grading Services specifies that the prizes given are the average prices according to dealer asking prices for graded coins.

The CoinQuest site also allows people to search for the values of coins. Press the search button to access another page where information about the specific coin is requested before a coin value is given.

Another option to appraise a coin collection is to seek out different coin dealers. However, a tip before going to a coin dealer is to make sure that he is knowledgeable and has been in business for a while. Similarly, the coin dealer should be affiliated with a recognized coin organization.

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