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How do you value old coins?

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Anonymous

14y ago
Updated: 8/18/2019

You can take it to a specialist in your area to get a condition grade then look it up or you can use the simple basics and say it is in terrible, bad, ok, good, great, or perfect condition and look it up from there.

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Wiki User

14y ago

What else can I help you with?

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Where might one learn the value of old coins?

One can learn about value of old coins on the website Coins About. Most coin value guides give you retail prices; that is, they tell you how much coin dealers are selling the coins for.


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Banks don't buy old coins, coin dealers will buy old coins, some jewelry stores will buy old coins, banks will take your old coins at face value and then sell them to coin dealers and and make some profit.


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Where do you find the value of some old coins?

It depends on what type of coins you have. If the coins are collectible coins, that is, old, high grade, and desirable, the best place to find the value of them is in the Red Book coin guide or take it in for an estimate by a coin dealer. On the other hand, if what you have are low-grade, common coins primarily for their bullion value, I will include Coinflation which is a website that shows the precious metal content of pre-1965 US coinage and Canadian coins in the related links. You might also want to check Ebay for what people are paying for the coins you have. Keep in mind that you should never clean old coins because that destroys the value of them.


Is there any value in old counterfeited coins?

Not really, except for the melt value of whatever metals they contain.


Can old us coins automatically increase in value?

Generally speaking, old coins are worth more than face value, but by how much depends on factors like denomination, date, mint mark, and condition.


Is a bracelet made with old coins (holes in each) of any value?

A bracelet made with old coins that have holes in them may still have some collectible or intrinsic value, depending on the rarity and historical significance of the coins used. However, the act of drilling holes typically diminishes their numismatic value, as it alters their original condition. The bracelet's worth will primarily depend on the coins' original value and the craftsmanship of the piece. If the coins are common, the bracelet may only hold sentimental or decorative value.


Are old BC coins worth anything?

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How could someone learn the value of older American gold coins?

Older American gold coins are a great asset to hold. Quantitative Easing may be diminishing the value of the dollar, but gold retains its value. The Coins section of the About website gives indications of values of old gold coins.


What is the value of canadinan coins with different faces then the normal coin?

The value of coins comes from how old they are, the condition, and the metal they are made from. Some older coins have different faces because the leaders of countries change over time.


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.