How to Determine the Value of Old Coins

How to Determine the Value of Old Coins
Did you know that it is possible for coins to be worth far more than their face value? This happens when the coins are composed of precious metals, are very old or are considered collectible coins due to the rarity or mintage of the coins. But before you can sell old coins to coin dealers in Atlanta, it's important to know their value so that you can maximize the value of your transaction. Here are several ways for you to grade and assess the value of old coins.

Determine the coin type. Do you have a penny, nickel, dime, quarter, half dollar or dollar? Look for the year of production on the coin. These factors, along with the mint location and the grade of the coin will determine the overall worth of the coin. Coins that were minted in certain years will be worth more than others. Some coin types are rarer than others and likewise, are more valuable to coin dealers in Atlanta. Evaluate the condition or grade of the coin. The grade of a coin ranges from Poor to Brilliant Uncirculated.

Find out if it is a rare U.S. coin. Pick up a coin price guide or look for the value online. The U.S. Coin Advisor has a coin value table available for public viewing on their official website. Keep in mind that the value and rarity of coins fluctuate along with their current demand in the market. It's a good idea to check annually, if not more frequently, whether a coin's value has increased over the past year. A coin value table also allows you to see how a coin's historic value has fared throughout the years. This will give you insight into whether you should keep the coin or sell it to coin dealers in Atlanta.

Visit coin dealers in Atlanta. Not all coin dealers are created equally, so make sure that you do your due diligence on the coin dealer that you have selected, including their standing with the Better Business Bureau and their online reputation. Established coin buyers have the necessary knowledge and experience to evaluate and arrive at an accurate value of old U.S. coins.

Before you head to coin dealers in Atlanta, check the value of your old coins first. You can do this by determining the type of coin that you have. Identify its year of production and grade. Next, determine whether it is a rare coin by examining it against a coin value table or price guide. Last but not least, pay a visit to coin dealers in Atlanta as they have the skills to help you out with your endeavour. Atlanta Gold & Coin Buyers