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A mint coin is a coin that is almost perfect, it must not have dirt, knocks, nicks, scratches or any other marks on its surface, the only higher grade than mint is Proof which means it has to literally be untouched since it left the royal mint and still have full luster.

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14y ago

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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.


Where is the mint stamp on an old gold coin?

To set things straight, it's called a mint mark. In general, mint marks were on the reverse side of older gold coins but not always. Also, coins struck at Philadelphia did not carry any mint mark in those days, so a coin without a mint mark is perfectly OK.I'd suggest looking at the site www.coinfacts.com. They have every date and mint mark listed, along with a description (and often a picture, too) of the mint mark location.


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 do I look for when collecting old coins?

You should look for its condition, its age, what denomination it is, and if it's a US or German coin, whether it has a mint mark letter..


What happened to the Australian 1 cent coin when it was old and damaged?

All damaged coins are withdrawn from circulation at the bank and returned to the Mint for melting down.


Where are banks which buy old coins?

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.


How do you tell where an old coin is minted?

That would depend greatly on the coin itself, the country of origin and the year of minting. Many coins will have a mintmark somewhere on the coin which might be a very small, difficult to see letter usually indicating the city or mint where the coins was minted. Others might have a very minor alteration to some feature of the design. Older coins often used some form of an icon such as a flower or castle, etc. indicating the mint concerned.


can you exchange old fifty pence pieces?

If you refer to the larger 30 mm pre-1998 50 Pence coins, you are probably stuck with them.If the coins are in mint condition, you may get something for them from a coin dealer.


What does a mint mark mean on old coins?

A mint mark means the same thing on ANY coin, old or new - it indicates where the coin was struck.Current mint marks on circulating US coins are:P= PhiladelphiaD = DenverS (San Francisco) is currently used only on proof coins sold to collectors, but was also used on circulating coins up to 1955 and on cents and nickels in the late 1960s and early 1970s.W (West Point) is used only on commemorative and bullion coins minted for collectors.Mint marks that are no longer in use:O = New Orleans, 1838-1861 and 1879-1909CC = Carson City, 1870-1893C = Charlotte, 1838-1861D = Dahlonega, 1838-1861 (closed before the Denver mint opened, so no confusion is possible)Especially on older coins, a mint mark can affect values because one mint may have struck more coins than another, meaning those from the smaller run are scarcer. There can still be exceptions so it's important to know a coin's date and condition as well as its mint mark when determining a value.


What are old coins worth?

Depends on the coin


Where to sell old coins?

Coins can be sold on ebay online or to a coin collector.


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.