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How do I determine the value of my coin?

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silverhawk View Drop Down
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    Posted: 29 Jul 2006 at 10:49pm
How do I determine the value of my coin?

We get asked frequently to evaluate the worth of coins. Occasionally someone will also ask us to buy their collection, and we certainly do that for uncommon or higher grade coins. Many of the common coins cannot easily be sold via our website so we do limit the offers we make. Below is a guide to help you determine the value of your coin.

Pricing Notes
Silver Dollars
Most people believe any silver dollar is worth significant money. However, many grades of Morgan and Peace dollars are quite common. Unless you have a key date, or high grade silver dollar the coin is worth close to the values listed above.

Modern Proof Sets
Many modern proof sets (1958 and later) are priced on a commodity basis, and have less value than the original mint issue price. Modern Silver proof sets that have state quarters HAVE appreciated in value.

Coin Pricing & Value Guides

Professional Coin Grading Service - The Premier Internet Site For Collectors of Coins
Professional Coin Grading Service is The Premier Internet Site For Collectors of Coins.
 
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BECOKA View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote BECOKA Quote  Post ReplyReply Direct Link To This Post Posted: 01 Aug 2006 at 4:37am
I would like to add that heritage.com/coins has a great record of recent auctions. You can look up the coin and grade in questoin and get a great idea of what coins are really selling for.

Make sure you note that toned or rainbow coins sell for a large premium so look for ones that resemble yours. The archive include pictures.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote pcreasy Quote  Post ReplyReply Direct Link To This Post Posted: 21 Aug 2006 at 10:10am
These are great resources, but most are out of my league right now.  How does the little business person survive in the coin world?  I am just a rookie at coin collecting even though I have been collecting coins for fun over 20 years.  I am at the point now that I have to sell some of them and I would like to get into selling more and more, but alas I can't right now as money is tight.  Is there any free programs or sights that you can learn from? 
 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote silverhawk Quote  Post ReplyReply Direct Link To This Post Posted: 21 Aug 2006 at 10:31am
Selling coins generally takes a capital investment of some sort. The sites above are really good resources.
 
What else do you want to learn? 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote silverhawk Quote  Post ReplyReply Direct Link To This Post Posted: 21 Aug 2006 at 10:34am
There is also coinvaluesonline.com
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 14nick Quote  Post ReplyReply Direct Link To This Post Posted: 30 Aug 2006 at 11:40am
Hm today i took out my old box of my coins and decided to figure out how much they were worth so ive been looking for sites like theese all  day
to bad i didint find thoes sites this morning to figure out the value of 90% of my coins... nothing
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Post Options Post Options   Thanks (0) Thanks(0)   Quote steveg Quote  Post ReplyReply Direct Link To This Post Posted: 15 Oct 2006 at 10:10pm
Many  coins are valuable when you are interested in purchasing them, and almost worthless when you are interested in selling them.
Don't use coin collecting for an investment!
Steveg    Smile
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Post Options Post Options   Thanks (0) Thanks(0)   Quote steveg Quote  Post ReplyReply Direct Link To This Post Posted: 09 Nov 2006 at 10:43pm
Why is there such a difference between the listed retail prices for a 1938D over S in the Redbook vs. what they are actually asking for them by dealers?  (AU-50 for $30.00 and $250.00 for the same coin.)
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StevegConfused
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Starwarsfreak Quote  Post ReplyReply Direct Link To This Post Posted: 10 Nov 2006 at 4:49am
Originally posted by steveg steveg wrote:

Why is there such a difference between the listed retail prices for a 1938D over S in the Redbook vs. what they are actually asking for them by dealers?  (AU-50 for $30.00 and $250.00 for the same coin.)
Thanks,
StevegConfused



Can you refrase your question please, im a little confused.Confused

-Rob
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Post Options Post Options   Thanks (0) Thanks(0)   Quote codydude815 Quote  Post ReplyReply Direct Link To This Post Posted: 18 Feb 2007 at 5:30am
Originally posted by steveg steveg wrote:

Many  coins are valuable when you are interested in purchasing them, and almost worthless when you are interested in selling them.
Don't use coin collecting for an investment!
Steveg    Smile
That is the dumbest statement i have ever seen. Coins earn more than stock, mutual funds, and a savings account CONBINED!!! New collecters, dont listen to this, you just have to try when you go to sell, e-bay and bidville are the only 2 good auction sites for coins. DONT SELL TO DEALERS, ESPECIALLY BIG COMPANIES LIKE LITTLETON!
The Cody has spoken
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Post Options Post Options   Thanks (0) Thanks(0)   Quote steveg Quote  Post ReplyReply Direct Link To This Post Posted: 27 Feb 2007 at 1:10am
The dumbest statement I ever heard was that you can't make money on the stock market. Investments in the stock market have supported me for the last 10 years, and with the exception of gold which has kept its value, the only real appreciation I have seen from coins, is my hoard of 2001 Silver Eagles purchased for $ 40.00 ea.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote steveg Quote  Post ReplyReply Direct Link To This Post Posted: 27 Feb 2007 at 1:11am
Excuse the error.
I meant 2001 Silver Buffalo dollars, not the Eagles.

Steveg
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Post Options Post Options   Thanks (0) Thanks(0)   Quote codydude815 Quote  Post ReplyReply Direct Link To This Post Posted: 27 Feb 2007 at 5:15am
Originally posted by steveg steveg wrote:

The dumbest statement I ever heard was that you can't make money on the stock market. Investments in the stock market have supported me for the last 10 years, and with the exception of gold which has kept its value, the only real appreciation I have seen from coins, is my hoard of 2001 Silver Eagles purchased for $ 40.00 ea.

StevegWink
you just need to learn what coins are worth, use greysheet bid prices, redbook prices are always a little on the high side. ive made 400 bucks in the past two months off buying and reselling.
The Cody has spoken
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Post Options Post Options   Thanks (0) Thanks(0)   Quote steveg Quote  Post ReplyReply Direct Link To This Post Posted: 27 Feb 2007 at 7:39am
That's great, More power to you! I just made $350.00 buying the inventory of a hobby shop's N Scale houses and reselling them one by one on eBay.
My stock portfolio gained over $6,000.00 in the last month. I usually hold stocks for 6 weeks or so unless the charts show weakness for the future. I sell 50% of my gains as soon as they double my investment and sell 100% of the stocks that break through the 10% loss canyon.
The net results are consistent gains overall through out the year.
Give me a Liberty or give me CASH.
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