How To Know If Your Coins Are Worth Money

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Have your coin officially appraised. Coins that are damaged cleaned polished or very worn are worth less than the listed prices.

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If you know what an everyday coin looks like you are more likely to notice when one is a little different.

How to know if your coins are worth money. They will base their appraisal on their expert opinion of the coin s condition. Rare dates are worth far more than the prices listed. It s not likely you have a 1 million coin in your pocket but if you were given a collection some of those coins.

Note this coin is a 67 extremely high for a business strike lincoln cent. A coin s state of preservation is another key factor in determining value. Coins are graded on a numerical scale ranging from 1 poor to 70 numismatically perfect.

Right now 90 percent silver is worth. For example an 1886 o new orleans morgan silver dollar is worth about 25 in a grade of very good 8 which is a well worn grade corresponding to a heavily circulated coin. Anything 1964 and earlier is 90 percent silver.

Make a habit of looking at your coins. Coin values are based on a number of factors such as rarity condition and the content of the precious metals within. Because of these factors just because one series of coins had a more limited mintage than another does not mean the value of the coins issued will always be greater.

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In fact the numismatic guaranty corporation ngc which graded this coin has certified only 30 1971 s lincoln cents in mint state 67 with none grading higher. Barber dimes are popular with many collectors but are considered more valuable when sold as a set representing several chronological years from the same mint. Set aside those that look different until you have time for a closer examination.

Coin values depend upon condition and rarity. Inspect them carefully the first step to figuring out whether your coin is worth more than face value is to take the time to conduct a thorough inspection. That same coin in ms 65 pristine uncirculated condition is worth 300 000.

Here s the way to find out what your coin is worth. Professional coin appraisers can give you the most accurate up to date value of your coin. For information about grading u s.

They ll also take into account what similar coins have been selling for lately. You never know one of your pennies could be worth the price of a nice dinner or a whole lot more. For information about specific coin types click a link below or see faq about coins.

Minda zetlin is a freelance writer covering business money tech and collectibles. Not only can you get history and auction data about your coin you can also work directly with any of our coin experts to get straight answers on what your coins are really worth if they should be graded and if an auction is the right place to sell them for as much money as possible. You ll also want to check half dollars dated 1965 through 1970 because those coins are 40 percent silver.

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