coins value
What determines coin value?
Basic keywords are "scarcity", "demand", "condition", and "circulation".
Why four factors are important?
Because of the factors that are related with the "supply and demand" and the "quality" and the "circulation".
(※ The "circulation" may be included in the "scarcity and demand". )
These four main factors go into how much a coin will be worth. These factors are (1)the scarcity of the coin, (2)the demand for the coin, (3)the condition of the coin and (4)the circulation of the coin.
One of the best known success stories of the many collectors is the next one.
The collector's name is New York attorney Harold S. Bareford. From 1945 to 1955, he accumulated one of the most complete collections of U.S. gold coins ever seen. The total cost of the collection was $13,832. When this collection was auctioned in 1978, it realized $1,287,215.
As a guide for the future, the important point is quality not quantity. Higher quality coins are much rarer than lower quality coins. They also offer the greatest aesthetic pleasure and are more likely to attract serious collector demand.
We can learn a lesson from the story.
The value of the coins is influenced greatly by rarity, quality and demand.
worth
coins worth
What Determines the Value of a Rare Coin?
As with any investment or collectible, the value of a rare coin is established in free marketplaces by investor's and collector's activity. The size and intensity of that activity is influenced by three basic criteria: (1) Rarity; (2) Demand for coins; and (3) A coin's condition or quality.
The coin values should have a significant impact on the worth of your coin collection.
What is gold worth?
From as early as 3000 B.C., gold has been a rare and precious metal that has held reign as the world's most durable and valuable commodity. It is no different today. In fact, as the economy starts to falter, there has never been a better time to start investing in gold coins.
What is your coin worth?
UNITED STATES COINS 2009.(※ Red Book )
It is important to notice that the values given in the Red Book are dealer retail values, not what your coin is actually worth if you tried to sell it to a dealer.
It is important to notice the difference between coin values and coin prices.
The main purpose of the Red Book is "What is your coin worth?".
Despite the generous additional content, the main substance of the Red Book are the U.S. coin values. The Red Book has sections for each coin type, arranged in roughly chronological order by issue.
(1) The first section of values pertains to Colonial and pre-American circulating coin types.
(2) Next is the main section, entitled "United States Regular Issues", which is arranged by coin denomination, starting with the Half Cents.
The individual year issues are listed chronologically by date, earliest first, with a separate line entry for each major type. As many as nine prices are given in columnar format, for grades ranging from About Good (AG-3) to Choice Proof (PF-65) according to the ANS Grading System. Each coin type has values listed for whatever grades are appropriate for the market for that mint issue. Another column lists the official mintage for that issue.
What Determines the Value of a Rare Coin?
As with any investment or collectible, the value of a rare coin is established in free marketplaces by investor's and collector's activity. The size and intensity of that activity is influenced by three basic criteria: (1) Rarity; (2) Demand for coins; and (3) A coin's condition or quality.
The coin values should have a significant impact on the worth of your coin collection.
What is gold worth?
From as early as 3000 B.C., gold has been a rare and precious metal that has held reign as the world's most durable and valuable commodity. It is no different today. In fact, as the economy starts to falter, there has never been a better time to start investing in gold coins.
What is your coin worth?
UNITED STATES COINS 2009.(※ Red Book )
It is important to notice that the values given in the Red Book are dealer retail values, not what your coin is actually worth if you tried to sell it to a dealer.
It is important to notice the difference between coin values and coin prices.
The main purpose of the Red Book is "What is your coin worth?".
Despite the generous additional content, the main substance of the Red Book are the U.S. coin values. The Red Book has sections for each coin type, arranged in roughly chronological order by issue.
(1) The first section of values pertains to Colonial and pre-American circulating coin types.
(2) Next is the main section, entitled "United States Regular Issues", which is arranged by coin denomination, starting with the Half Cents.
The individual year issues are listed chronologically by date, earliest first, with a separate line entry for each major type. As many as nine prices are given in columnar format, for grades ranging from About Good (AG-3) to Choice Proof (PF-65) according to the ANS Grading System. Each coin type has values listed for whatever grades are appropriate for the market for that mint issue. Another column lists the official mintage for that issue.
gold
gold coins
What kinds of coins are the most valuable?
Many valuable coins are currently in circulation. These coins blend into regular pocket change because the differences between them and other coins are very slight.
The gold coin has scarcity value most.
Each of the American Gold Eagle four sizes contains 91.67% gold (22 karat), 3% silver, and 5.33% copper.
1/10 troy oz coin
Diameter: 16.50 mm
Thickness: 1.19 mm
Gross weight: 0.1091 troy oz (3.393 g)
Face value: $5
1/4 troy oz coin
Diameter: 22 mm
Thickness: 1.83 mm
Gross weight: 0.2727 troy oz (8.483 g)
Face value: $10
1/2 troy oz coin
Diameter: 27 mm
Thickness: 2.24 mm
Gross weight: 0.5454 troy oz (16.965 g)
Face value: $25
1 troy oz coin
Diameter: 32.70 mm
Thickness: 2.87 mm
Gross weight: 1.0909 troy oz (33.930 g)
Face value: $50
What kinds of coins are the most valuable?
Many valuable coins are currently in circulation. These coins blend into regular pocket change because the differences between them and other coins are very slight.
The gold coin has scarcity value most.
Metal Date And Denomination Country Weight
Gold 1839-1908, 1908-1929 $5 United States 0.2418 Oz.
Gold 1838-1907, 1907-1933 $10 United States 0.4837 Oz.
Gold 1849-1933 $20 United States 0.9675 Oz.
Gold $50 Gold American Eagle United States 1.0 Oz
Gold $25 Gold American Eagle United States 0.5 Oz.
Gold $10 Gold American Eagle United States 0.25 Oz.
Gold $5 Gold American Eagle United States 0.1 Oz.
Each of the American Gold Eagle four sizes contains 91.67% gold (22 karat), 3% silver, and 5.33% copper.
1/10 troy oz coin
Diameter: 16.50 mm
Thickness: 1.19 mm
Gross weight: 0.1091 troy oz (3.393 g)
Face value: $5
1/4 troy oz coin
Diameter: 22 mm
Thickness: 1.83 mm
Gross weight: 0.2727 troy oz (8.483 g)
Face value: $10
1/2 troy oz coin
Diameter: 27 mm
Thickness: 2.24 mm
Gross weight: 0.5454 troy oz (16.965 g)
Face value: $25
1 troy oz coin
Diameter: 32.70 mm
Thickness: 2.87 mm
Gross weight: 1.0909 troy oz (33.930 g)
Face value: $50
for sale
coins for sale
The United States Mint primarily produces circulating coinage for the United States to conduct its trade and commerce.
(※ from United States Mint Wikipedia )
ONLINE CATALOG for sale
For different purchases, gold Eagles are biggest seller in gold bullion.
Gold Eagles from the U.S. Mint are the most accepted gold bullion coin in this country. This bullion product has been a great success for the U.S. Mint.
Example
( ※ "W" mint mark
The Gold American Eagle bears this mark reflecting the gold coin was struck at the US Mint at West Point. ）
West Point (※ Quotation : U.S.Mint Wikipadia)
The West Point branch is the newest branch mint. Its predecessor, the West Point Bullion Depository, was opened in 1937, and cents were produced there from 1973 to 1986.
The West Point Mint gained official status as a branch mint on March 31, 1988. Along with the cents already mentioned, which were identical to those produced at Philadelphia, West Point has struck a great deal of commemorative and proof coinage bearing the W mint mark.
In 1996, West Point produced clad dimes, but for collectors, not for circulation. The West Point facility is still used for storage of part of the United States' gold bullion reserves, and West Point is now the United States' only production facility for gold, silver and platinum American Eagle coins.
The United States Mint primarily produces circulating coinage for the United States to conduct its trade and commerce.
(※ from United States Mint Wikipedia )
ONLINE CATALOG for sale
For different purchases, gold Eagles are biggest seller in gold bullion.
Gold Eagles from the U.S. Mint are the most accepted gold bullion coin in this country. This bullion product has been a great success for the U.S. Mint.
Example
Year Mint Proof Mintage GoldContent
1986 W 446,290 1
1987 W 147,498 1
1987 P 143,398 .5
1988 W 87,133 1
1988 P 76,528 .5
1988 P 98,028 .25
1988 P 143,881 .1
1989 W 54,570 1
1989 P 44,798 .5
1989 P 54,170 .25
1989 P 84,647 .1
1990 W 62,401 1
1990 P 51,636 .5
1990 P 62,674 .25
1990 P 99,349 .1
1991 W 50,411 1
1991 P 53,125 .5
1991 P 50,840 .25
1991 P 70,334 .1
1992 W 44,826 1
1992 P 40,978 .5
1992 P 46,271 .25
1992 P 64,877 .1
1993 W 34,389 1
1993 P 43,319 .5
1993 P 46,464 .25
1993 P 58,649 .1
1994 W 46,300 1
1995 W 48,075 1
1996 W 36,086 1
1997 W 27,803 1
1997 W 29,984 .25
1998 W 26,047 1
1998 W 29,731 .25
1999 W 31,446 1
1999 W 34,410 .25
( ※ "W" mint mark
The Gold American Eagle bears this mark reflecting the gold coin was struck at the US Mint at West Point. ）
West Point (※ Quotation : U.S.Mint Wikipadia)
The West Point branch is the newest branch mint. Its predecessor, the West Point Bullion Depository, was opened in 1937, and cents were produced there from 1973 to 1986.
The West Point Mint gained official status as a branch mint on March 31, 1988. Along with the cents already mentioned, which were identical to those produced at Philadelphia, West Point has struck a great deal of commemorative and proof coinage bearing the W mint mark.
In 1996, West Point produced clad dimes, but for collectors, not for circulation. The West Point facility is still used for storage of part of the United States' gold bullion reserves, and West Point is now the United States' only production facility for gold, silver and platinum American Eagle coins.
collection
coins collection
Coin Collectors enjoy collecting coins on various levels. But coin collecting is not an easy hobby to start, especially for profits, many are curious as to why the coin is valuable.
The best value for a gold coin that has not been in circulation is when it is in mint state - its shine and appeal intact. How do you get the coin. It is hard getting the rare gold coin. For example, seeking gold has been one of the goals of many people for ages, but actually finding gold is a very tough job that requires not only skill but also luck.
Where do you find coins?
In U.S. most coin collectors begin with coins of U.S., and the most popular method of collecting is by date and mint mark. In other words, you will try to find one coin for each year and from each mint.
The sample procedure is as follows.
(1) A date and mint-mark collection of Lincoln cents will include one coin each from the Philadelphia, Denver, and San Francisco Mints during the years 1909 to the present date. You will not be able to find all the mints for all the years. Because, some mints produced no coins during certain years.
(2) The easiest and least expensive way to begin collecting coins is to pick coins from the circulation. But you must do so systematically. Otherwise, you will let too many good coins get away. Every day, put aside any coins you receive in change. Keep them either in a separate pocket or in a separate spot inside your purse. Do this with every coin you receive.
(3) Then, in the evening, go through the change, keeping the coins you don't have. Also compare your day's catch with the coins in your collection, and exchange the poorer coins in your collection for better ones from the change.
By consistently checking your change every day, you not only add to your collection, but also upgrade its condition. Upgrading a gold coin is almost as much fun as finding it.
Now that you have a collection, you will want somewhere to keep it preferably a place where your coins will be protected, yet can be shown off to other collectors and friends. Suppliers have anticipated your desires, and there are dozens of inexpensive folders and albums available.
We wish you success.
Coin Collectors enjoy collecting coins on various levels. But coin collecting is not an easy hobby to start, especially for profits, many are curious as to why the coin is valuable.
The best value for a gold coin that has not been in circulation is when it is in mint state - its shine and appeal intact. How do you get the coin. It is hard getting the rare gold coin. For example, seeking gold has been one of the goals of many people for ages, but actually finding gold is a very tough job that requires not only skill but also luck.
Where do you find coins?
In U.S. most coin collectors begin with coins of U.S., and the most popular method of collecting is by date and mint mark. In other words, you will try to find one coin for each year and from each mint.
The sample procedure is as follows.
(1) A date and mint-mark collection of Lincoln cents will include one coin each from the Philadelphia, Denver, and San Francisco Mints during the years 1909 to the present date. You will not be able to find all the mints for all the years. Because, some mints produced no coins during certain years.
(2) The easiest and least expensive way to begin collecting coins is to pick coins from the circulation. But you must do so systematically. Otherwise, you will let too many good coins get away. Every day, put aside any coins you receive in change. Keep them either in a separate pocket or in a separate spot inside your purse. Do this with every coin you receive.
(3) Then, in the evening, go through the change, keeping the coins you don't have. Also compare your day's catch with the coins in your collection, and exchange the poorer coins in your collection for better ones from the change.
By consistently checking your change every day, you not only add to your collection, but also upgrade its condition. Upgrading a gold coin is almost as much fun as finding it.
Now that you have a collection, you will want somewhere to keep it preferably a place where your coins will be protected, yet can be shown off to other collectors and friends. Suppliers have anticipated your desires, and there are dozens of inexpensive folders and albums available.
We wish you success.
shop
coins shop
Where To Find Online Coin Price Guides?
One of the most reputable sites to visit is the Professional Coin Grading Service.
A gold coin is graded by the experts.
What is coin grading?
Grading is a way of determining the physical condition of a coin.
The grade is a sort of "shorthand" for describing the condition of a coin. With experience and the aid of the appropriate books(*1), many people can learn to grade with a moderate degree of accuracy. Few people, however, can ever learn to grade with the precision required to become a professional. The grade of a coin goes a long way in determining the coin's value, and sometimes a seemingly insignificant and easily overlooked flaw can make thousands of dollars of difference.
( ※ PCGS )
(*1)
1. PCGS Grading Guide
2. UNITED STATES COINS 2009. (※ Red Book )
3. UNITED STATES COINS R.S. YEOMAN 66 Editon 2009
4. etc.
Where To Find Online Coin Price Guides?
One of the most reputable sites to visit is the Professional Coin Grading Service.
A gold coin is graded by the experts.
What is coin grading?
Grading is a way of determining the physical condition of a coin.
The grade is a sort of "shorthand" for describing the condition of a coin. With experience and the aid of the appropriate books(*1), many people can learn to grade with a moderate degree of accuracy. Few people, however, can ever learn to grade with the precision required to become a professional. The grade of a coin goes a long way in determining the coin's value, and sometimes a seemingly insignificant and easily overlooked flaw can make thousands of dollars of difference.
( ※ PCGS )
(*1)
1. PCGS Grading Guide
2. UNITED STATES COINS 2009. (※ Red Book )
3. UNITED STATES COINS R.S. YEOMAN 66 Editon 2009
4. etc.
links1
links
1.How Do I Start a Coin Collection for My Children?
[a column : coin collection ]
Why do you want to collect coins? If the worth of your coins isn’t important to you, you won’t have to waste a lot of time with coin grading books. If you don’t care about the history of your coins, you can skip trips to the library to read about where your collection came from. Since most collectors collect for a wide range of reasons, however, it’s good to be able to do both.
The next stride is somewhat harder. Choose a period and a place on which to focus your collection. You won’t have to collect this type of coin forever. But, it helps to build your collection and your expertise if you begin by focusing on a narrow range of coins.
1.How Do I Start a Coin Collection for My Children?
[a column : coin collection ]
Why do you want to collect coins? If the worth of your coins isn’t important to you, you won’t have to waste a lot of time with coin grading books. If you don’t care about the history of your coins, you can skip trips to the library to read about where your collection came from. Since most collectors collect for a wide range of reasons, however, it’s good to be able to do both.
The next stride is somewhat harder. Choose a period and a place on which to focus your collection. You won’t have to collect this type of coin forever. But, it helps to build your collection and your expertise if you begin by focusing on a narrow range of coins.
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