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Other Coin collecting Articles
A Collectible Coin - What Makes It So?
Some coins are worth much more than others. The extra penny you left on the counter this morning was only worth one percent of a dollar…unless that penny was dated 1922, had a picture on Lincoln
Beware! Counterfeit Roman Coins Do Exist
First, the good news – ancient Roman coins do exist and they are available for sale at reasonable prices. Now, the bad news – counterfeiters realize that a market exists for such coins and t
An Insight Into Ancient Coin Collecting
If you’re into coin collecting and want to get your hands on the truly rare coins, you should try your hand in ancient coin collecting. Ancient coin collecting involves collecting coins from way
Coin Collecting Cases - The Best Way To Store Your Coins
When it comes time to put away your collection, it can make a difference how you store the coins. It is never good to just have them banging together in a box, damaging one another, so this is where
Are There Really Antique Coins At The Bottom Of The Sea?
We’ve all heard the legends of pirate’s treasure. Searching for sunken treasure makes for a good story, and it’s produced some great movies, but it’s only a legend, right? Did yo
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Recent Coin collecting News
Hobby & Craft : Coin Collecting: Attention Kids: Three Steps To ... - SkyNewswire.com (press release)
![]() Hobby & Craft : Coin Collecting: Attention Kids: Three Steps To ...
SkyNewswire.com (press release), Netherlands - Aug 9, 2008
Or the special 50-cent coin commemorating the Golden Jubilee of Queen Elizabeth II. Maybe your parents or grandparents have some loose change they could ...
Burglars nab gun, coin collections - Explorer News
![]() Burglars nab gun, coin collections
Explorer News, AZ - Aug 26, 2008
Price has contacted many coin and pawnshops around the state asking them to be on the lookout for his collection. He documented the coins and could trace ...
Is the New Double Eagle Coin a Good Buy? - U.S. News & World Report
![]() Is the New Double Eagle Coin a Good Buy?
U.S. News & World Report, DC - Aug 4, 2008
He adds that if you want to give the coin to spark an interest in coin collecting, it's a great choice, because even noncollectors "will look at it and say, ...
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Never judge a book by its cover - Or its size. MY coin collecting pages are brief but complete and have in-depth information including coin appraisal descriptions, specifications, updates and more. You'll also find some information on related topics like foreign coin collecting or coins. Look around.
The Importance Of A Coin Appraisal
You may have been looking through your pocket change, and you noticed a coin that looked weird. When you looked at it more carefully, perhaps you discovered that it had a picture of a Roman on it. You did a little investigating, and discovered that you are now the owner of an ancient Roman coin. You assume it’s valuable, but you don’t know how valuable, so where do you go to get a coin appraisal?
Do Some Research
You want to get an honest coin appraisal, and if you’re a novice you don’t have any idea who would give you one. You can begin to get an idea of what your coin is worth by doing a little investigation on your own. Go to the library and check out a book on Roman coins, and find one that is similar to yours. Get on the Internet, check out websites, and find out what price people are asking for similar coins. That will give you a rough estimate of your coin’s value.
Before you get a coin appraisal, however, you need to know that you will get two different appraisals. The appraisals will tell you what the coin would cost to buy and what the coin is worth, and those two values are not the same thing. Another way to look at it is you need an appraisal of its worth, or what you would get if you sell it, and you need a coin appraisal of its replacement value, or what it would cost you to replace it. The replacement value will be higher—maybe twice as high—as the worth.
A Coin’s Value
A coin’s value is determined by its scarcity, the demand for it, and its condition. Coin collectors use the Sheldon Scale to determine condition, and it is a subjective scale. There are seventy points on the Sheldon Scale. When you get your coin appraisal, the value will be based primarily on scarcity and demand, but there is a range of values that depend on the condition of the coin.
Getting A Coin Appraisal
The best place to get a coin appraisal is at a coin shop. If possible, find a dealer who is a member of the Professional Numismatists’ Guild. Professional guilds have ethical standards for their members, and you are likely to get an honest coin appraisal from a member dealer.
You already should have an idea of how much your coin is worth, but it is still a good idea to get two or three coin appraisals. That way you will know how much to sell it for or, if you are keeping the coin, how much to insure it for
Satisfied now? Want more on coin appraisal? We aim to please. So go on over and inspect everything from our coin collecting pages. We hope you’re happy now.
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