Q:

How do you find coin values?

A:

Quick Answer

Websites allow coin enthusiasts to find the value of a particular coin with ease. CoinTrackers and My Coin Collecing are two such examples. Popular coins listed on CoinTrackers include Barber Quarters, the Walking Liberty Half Dollar and the Liberty Seated Dime. My Coin Collecting allows a collector to investigate the coin of interest by entering its country of origin, denomination, ruler/type and period in a database to search for it.

Know More
How do you find coin values?
Credit: sigita playdon photography Moment Getty Images

Full Answer

According to the My Coin Collecting, there are several factors that determine a coin's value. Old and rare coins are valued by their scarcity. The condition of the coin also plays a role in its worth. For gold and silver coins, the bullion value, or the amount of precious metal it contains, is also considered. These coins tend to sell for approximately their melt value. Demand for a coin raises or lowers its value, and a coin that is more recent may be of greater value than a rarer one simply because more people are looking for it. Finally, a slightly subjective factor to look at is coin quality. Quality includes minting characteristics and general aesthetic appeal. Collectors and dealers look for eye-catching traits such as luster, color, tone and strike when determining the coin's quality.


Is this answer helpful?

Similar Questions

  • Q:

    Does pewter have any value?

    A:

    According to the American Society of Appraisers, various pewter items are collectible and fetch considerably high prices on the fair market. Pewter does not have the intrinsic metallurgic value compared to silver. However, there are many collectible, antique pewter pieces that are more valuable than the "melt" value of silver.

    Full Answer >
    Filed Under:
  • Q:

    Whose picture is on the $1 coin?

    A:

    Many people have appeared on the $1 coin, including President Dwight D. Eisenhower, Susan B. Anthony, Sacagawea and George Washington. Starting in 2007 the United States Mint started releasing four new $1 coins every year featuring US Presidents. This is called the Presidential $1 Coin Program.

    Full Answer >
    Filed Under:
  • Q:

    What is a sovereign coin?

    A:

    A sovereign coin is a gold coin produced by the Royal Mint of England. The face of the coin bears the image of the British monarch at the time the coin was minted. These coins are kept primarily as investments due to their high gold content and historical value.

    Full Answer >
    Filed Under:
  • Q:

    What is a monetary coin?

    A:

    A monetary coin is a circulated coin that has financial value in a culture. Paper money and coins are standard currencies in most countries. A monetary coin is different from a collectible coin that has no tangible value.

    Full Answer >
    Filed Under:

Explore