0
The term "Mint State" refers to the grade of a Uncirculated coin, The grading is not based on the amount of wear a coin has because there is none. It's based on how well the coin has been struck and the number an severity of any contact marks, scratches, rim nicks and scuff marks on the coin.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
How do you determine value of a coin?
you see what it is worth by seeing how shiny it is how old it is and if it is not scratched up then you bring it to a coin professional
How do you determine how much old coins are worth?
The value of old coins can be determined through several factors. These include the condition, rarity, and demand in the market for that specific coin. Researching prices in coin grading catalogs, consulting with coin experts or dealers, or using online resources and auction websites can help determine the value. Ultimately, it is best to seek the opinion of professionals or numismatists for an accurate assessment.
How can one find the value of old coins?
To determine the value of old coins, one should first examine the date on the coin and recognize the country of issue. Then, note the rarity of the coin, examine its condition, and observe the demand. Finally, consult a coin catalog for confirmation of the value.
How old does a penny have to be to have value?
This varies from several points of view:If the error is a mint error meaning something is wrong with such as a doulbe die error where the image or lettering appears to be doubled on the coin this could be very valuable to a coin collector. The 1995 penny has a double die error if you find one it is worth a lot of money for a 16 year coin.Also minting amounts, how many were made at a mint can affect the coin's value. For Lincoln pennies, there are three main mints that produce them. Philadelphia (no mint mark), Denver (D mint Mark under the date) and the San Fransisco mint (S mint mark). S mint marks are usually the rarest for a year of minting and thus have more value. Also, San Francisco stopped minting cents for circulation between 1956 and 1967, and again since 1975.So a coin doesn't have to be old to be valuable to a coin collector. But other factors affect its value and condition of the coin affects the value as well.In any case the minimum value of a coin that is no longer in circulation and not accepted as currency is that of the metal it is made of. For gold or silver coins this can be significant, but even copper coins (cents or pennies) have some value.
What does it mean if there are numbers stamped on the back of an old coin?
Numbers on a coin usually signify the year it was minted.
What does the D mint mark stand for?
For coins dated 1906 to the present, it means the coin was made at the Denver Mint. A "D" mint mark on an old (1838-1861) gold coin means it was made at the long-closed gold coin mint at Dahlonega, GA.
What does it mean when there is no mint mark on an old silver dollar?
No mint mark indicates that the coin was minted in Philadelphia.
How much is a 1877 gold coin worth mint condition?
it depends on how old it is.
How much is a 1984 fifty cent piece worth?
The value of a coin depends on many factors, one is the condition, or grade, of the coin. Another factor than can effect the value of the coin is the mint mark on the coin. A 1983 Kennedy Half Dollar has one of three mintmarks - D, S or no mint mark. If the coin has no mint mark on it, it was manufactured in Philadelphia. If it has an S mint mark, it is a proof coin and was minted in San Fransisco. The D mint mark is for the mint in Denver. A 1984 P or D mint mark Kennedy Half in somewhat good, circulated condition is worth about $1. A 1984P in a high mint state condition is worth approximately $120. A 1984D in a high mint state condition is worth about $180. A 1984S can be worth up to $200 in perfect of PF70 condition. Most 25 year old coins that have been in circulation will usually receive a grade of VF20 or so. If this is the case with your coin, its worth about $1.
Where can you sale 1779 old usdollar coin in good condition?
The United States Mint did not produce a dollar coin in 1779.
How do you determine value of a coin?
you see what it is worth by seeing how shiny it is how old it is and if it is not scratched up then you bring it to a coin professional
What is au condition applied to old coins?
AU means that the coin is about uncirculated. To the untrained eye, the coin appears to be uncirculated but if you look closely you will see wear on the highest parts of the coin. Many times, a high grade AU coin will look better than a lower grade MS (mint state) coin, even though the AU coin has wear while the MS coin does not.
What does d mean for an old coin?
On a US coin, D is the mint mark for Denver, CO (1906 and later) or Dahlonega, GA (1838-1861)
How much is a 1922 double eagle gold coin worth mint condition?
This is a common date within the group so there is no unusual value for date rarity. As you may know even mint state coins have marks from handling at the mint and the bank so there is a sliding scale to grade these coins which goes from Mint State 60 (lots of marks) to Mint State 70 (Flawless). If you go to pcgs.com\prices\ you will see a current value for coins that have been graded in this range. For your coin MS 60 has a value of $1400. In MS 66 the value is $30000. Very few old coins have been graded higher then MS 66 so this is a "condition rarity" and very unlikely your coin would grade that high.
What is the description of a mint coin in old coins?
A mint coin typically refers to a coin that is in uncirculated condition or has not been circulated extensively. These coins often maintain their original luster, design details, and overall appearance due to limited wear and handling. Mint coins are highly sought after by collectors for their pristine condition.
Where do coins come from?
Coins are manufactured in a mint. Old coins come from coin shops, or people's collections when they decide to sell them.
Is o a mint mark on a silver dollar?
The o and the s are mint marks, and indicate that the coin was minted at the new Orleans, or the San francisco mint. It should be just below the date on the front of the coin, and (for old eyes like mine) is small enough that it can be hard to read.
