An old coin's value can be determined by checking the U.S. Old Coins Identification chart for coins from the United States and the U.S. Coins Red Book for coins that are not on the chart, according to About.com. Coins that are not found on the U.S. Old Coins Identification chart are likely commemorative coins.Know More
In U.S. coin collecting, commemorative coins are defined as special non-circulating coins provided by the U.S. Mint, states About.com. Collectors usually buy these at prices that are significantly above face value, including surcharges that support a program related to the coin's subject. Commemorative coins, particularly non-U.S. coins, commemorate a person, place or event and are typically issued for one year only.
About.com notes that old coins coming from other countries can be identified through the language used on the coin. Generally, if the old coin does not have a country name and denomination, it may not be an official government coin. If it is difficult to determine the origin and value of an old coin, About.com recommends taking the coin to a coin dealer. However, it is important to be careful when selling old coins, as many dealers attempt to buy such coins at prices lower than their real value.Learn more about Coins & Currency
The value of a five-pound coin depends on the condition of the coin, the issue date and the material that the coin is made out of. The value of a five-pound coin can range from face value to 50,000 pounds or more for a rare uncirculated coin.Full Answer >
The value of a Silver Jubilee commemorative coin depends on a variety of factors including the condition of the coin, when the coin was issued and the issue of the coin. An uncirculated commemorative Silver Jubilee coin issued during the Jubilee year is potentially more valuable than a commemorative proof issued by the Mint at a later date. Uncirculated coins are never used as currency and are in perfect condition.Full Answer >
Three of the most valuable coins in the United States are the 1913 Liberty Head V Nickel, the 1893 S Morgan Silver Dollar and the 1901 Morgan Silver Dollar, according to CoinTrackers.com. Other extremely valuable coins are the 1889 CC Morgan Silver Dollar and the 1895 O Morgan Silver Dollar.Full Answer >
Saint-Gaudens gold coins are 20-dollar gold coins minted in the United States between the years 1907 and 1933. The coins are named after Saint Gaudens, the artist and sculptor who initially designed the coin. It was commissioned by U.S. President Theodore Roosevelt in an effort to beautify the American coin currency.Full Answer >