Coin collection sale how to determine the right price
Coin Collection Sale – How To Determine The Right Price
There are a lot of resources which will help numismatists, new or old, in deciding the worth and value of coins they’ve.
There are books released, “The Red Book” (guidebook of U.S.A.’s Coin), “The Blue Book” (An Handbook of USA’s Coins), also as coin broadcasts and catalogues accessible at any common or private library, traders/stores of coins anywhere in the USA There are also web guidebooks for the costs of US coins for sale on the net, especially the NumisMedia site.
This site provides a synopsis for the price of all coins, following is basic values of every cent, dime or cent in the marketplace.
The U.S. wheat-cent, the distributed ones
The cost of all these coins which were made before 1958, or those which are dated to 1940, are presently being bought by dealers for 2 cents each, or lesser. But, those made prior to 1940 get a much greater price – from a couple of more cents to some more dollars.
Silver-dollars
US’ Silver-dollars particularly those made prior to 1935 have about an oz. of silver in it. These are the favorites of numismatists and may be traded for much more than their true value in terms of silver if they’re intact or not worn badly.
The dollars of Anthony B Susan
If by some luck you get one from these as an change, its price is more than one dollar and professor Anthony B Susan dollars command even a lot more. They’re not easy to find as they’re not commonly being passed around.
Quarters, halves and dollars – the bicentennial kind
Billions of these were made, and as there are a lot of them, their value is commonly only their nominal value. There are dealers however who bear one-tenth of the nominal value as exchange premium for circulated bicentenary coins, and a couple of dollars more for coins which are not circulated.
Freaky coins
Believe it or don’t, there are coins having two heads out there! Fundamentally, these are mints with 2 different designs on every side. These coins were done in mistake and fault wasn’t discovered till the year 2000. These types of coins are called as “mules”. It was found in 1999 that a centime with Abraham Lincoln’s face on a particular side and Roosevelt’s image existed on the other.
If you find this type coin it should be taken to an authorized coin trader and valuated to check if it’s genuine. If so, the coin can be put for an auction and bid a couple of dollars extra.
It’s thus true that one coin is fundamentally worth more than gathers the eye.