Strike mistakes such as doubling, cracks, and missing sections are also common errors that can increase the value of a coin. You’ll want to look for die cracks and missing elements, paying particular attention to words printed on the coin and edges of images. The slightest difference can make a coin more valuable than its face value. Tip: tilting a coin under lighting can help you find errors on the coin you may not be able to see at first glance. The more desirable the coin is to buyers will increase the price. The better condition your coin is in, the more valuable it can be. This refers to how many of the coins were originally minted and available in the market. There are three primary variables that help determine the value of a coin. Low mintage and rare mintmark are two of the key factors in determining rarity.Īn important note here is to know this book provides the retail value of the coin, not the wholesale value, which is what coin dealers will typically pay. This is a great starting point for you to begin understanding the value of your collection. Inside you’ll find listings of the average wholesale/retail price of every United States coin, based on coin grading. The Red Book usually posts higher retail values that most dealers and coin buyers will pay. The values in the Blue Book are a bit closer to the selling prices. To learn more about the value of certain coins you own, pick up the “Blue Book,” an annually printed Guide Book of United States Coins. If you’re new to coin collecting, you will want to educate yourself on all things coins. We pay top dollar for your coins and currency. If you’re looking to sell coins in Chicago, visit the #1 Chicago coin buyer at Chicago Gold Gallery. You’re probably wondering how you can tell which coins are worth money? And, once you do find a valuable coin, how do you sell it? Whether you’ve just started collecting coins or have been a collector for many years, we all hope that on the hunt there will be one or more that you can sell for big bucks! Or if you’ve been lucky enough to inherit a large collection or discover some old coins in an attic or an estate sale and believe some of the coins are highly valuable.
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