Determining the value of a rare coin can be accomplished by contacting any number of antique coin dealers, auction houses or by looking online at coin value or grading websites. There are also coin traders who determine value in person at conventions and coin or antique shows, and some who do business on the Internet.Continue Reading
In larger cities around America, antique and coin shows are a regular occurrence and can oftentimes be the safest way to find out the value of a rare coin, as the meeting is in person. It is also a good place to talk with coin traders or purchasers who may offer a good trade or a fair price for the coin. Auction houses around the world frequently do business in the collectible coin industry, including appraisals. However, shipping coins can be costly, and different countries have varying laws about importing, exporting, selling and buying valuable goods. Another option is to research books on the value of old coins, but it is best to have a professional appraiser determine the worth of coins. Having a coin examined by more than one professional gives the owner a better idea of precise value.
To determine the condition of a coin, it should have a professional grade. It could be graded as poor, fair, about good, good, very good, fine, very fine, extremely fine, almost uncirculated or mint state. The higher the coin is graded, the more it will be worth. If a coin has a professional grade, it will be easier to trade or sell it.Learn more about Coins & Currency
Collectors can buy coins from coin dealers, the U.S. Mint, and auction sites such as eBay. When buying coins, knowing how to spot fakes and understanding the wholesale values of different coins will help ensure that collectors get the best value for their money.Full Answer >
There are several different methods available for evaluating rare coins, such as using value charts and albums or professional coin dealers. Use a cross-section of these methods when selling rare coins if you are relatively new to the field.Full Answer >
Due to the coin's rarity, the value of a 1943 copper penny likely exceeds $82,500, the price paid by a collector at a 1996 coin auction. Prior to that occasion, a 1943 copper penny sold for $10,000 in 1981 and for more than $40,000 in 1958.Full Answer >
Find out the value of a 1972 silver dollar coin by searching for information about its price on different websites, such as Coins About.com, eBay, Coin Help and Silver Dollar Co. or by consulting with a coin collector. Silver Dollar Co. has prices for Eisenhower (Ike) silver dollars. Eisenhower dollars are silver dollars that were minted between 1971 and 1978. These prices are based on information from "The Official Red Book," the definitive price guide for American coins.Full Answer >