How Much Does It Cost to Get a Coin Appraised in 2024?

The Cost of an Appraisal and How to Avoid Spending Too Much


Wyatt McDonald

Apr 23rd, 2024 ·

Coin collection appraisal costs depend on the type of appraisal and where you go. Coin collectors may offer free appraisals prior to a purchase offer. For paid appraisals, the average price of time that you may be charged for an appraisal is somewhere between $100 and $250 per hour. Insurance appraisals can cost you anywhere between $50 and $100 per coin.

There is no one answer when you ask how much it costs to have coins appraised. Sometimes, it does not cost anything at all to have coins appraised. Other times, you may be charged based on a combination of the following factors:

  • How long the appraisal took
  • How many coins were appraised 
  • Whether the appraisal was online, in-person or from your home 

As a way to persuade you to sell your coin collection after an appraisal, some places will offer you a refund for your appraisal upon selling to them.

To find out if you will have to pay or are getting a free coin collection appraisal, contact the appraiser and ask. Most places you contact should mention on their website if they charge or not, so you will know before needing to contact them. 

Grading your coins is not the same as appraising them. An organization like PCGS (Professional Coin Grading Service) can grade your coins but not appraise them. Having your coins graded can be worthwhile to ensure you maintain their value. Some of your inherited coins might already be graded and sealed to protect their value.

With Coinfully, you can get a completely free coin appraisal from the comfort of your own home, with zero-obligation to sell.

Simply fill out our appraisal inquiry form and discover the value of your coin collection!

Things to Consider When Getting a Coin Appraisal

Outside of appraisal fees, there are a few other things to consider when looking for a coin appraisal, in-person and online, that can cost you money. Here are things to consider for both types of appraisals:

In-Person Coin Appraisals

Numismatist in the process of inspecting the quality and engravings of coins using a handheld magnifying glass.

For in-person coin appraisals, you will need to find a way to take your coins to and from an appraiser, which can cost you in travel expenses.

There is also some risk when transporting your valuable coins. The more you handle your coins, the more likely they are to be lost or damaged. Another common concern is about coins being stolen during transfer. 

If you have inherited a coin collection you do not know what to do with, some in-person appraisers may undervalue your collection as a way to get you to sell to them.

Some coin buyers may ask that you leave your coins with them so they can properly appraise them. When you leave your coins behind you will not know what happens to them.

If you find an appraiser that deals in precious metals, you will only be able to take your gold and silver coins there. This can lead to only being paid for the precious metal in your coins and not for any significance or rarity your coins could have, as these shops might not be up to date on coin market prices.

Some auctioneers and auction houses can give your coins an appraisal, though they may only offer an appraisal if they can add them to their catalog. While this may seem like a convenient option, if the bids on your coins are less than the appraisals, you are stuck with that price.

Appraisers might charge you if they meet you for an appraisal anywhere outside of a coin shop, like your home or office. The cost of this service is usually based on what their cost of a regular coin appraisal is with the addition of a travel fee, which will depend on how far away you are.

Online Coin Appraisals

If you are having your coins appraised online, all you need is an internet connection.

Due to the simplicity of online coin appraisals, there are fewer ways for them to cost you.

However, with online appraisals, it can be hard for experts to know the exact value of your coins without seeing them firsthand.

With some websites that offer coin appraisals, you may have to worry about fraudulent or inaccurate appraisals. Some websites will offer online coin appraisals for free, but may require you to send in your coins. This may leave you wondering if your coins are safe or if you will get them back. 

To avoid problems with fraudulent online appraisers, make sure that your appraisers are certified by several respectable organizations like ANA, PCGS, or NGC to name a few.

Appraisals With Coinfully

Coinfully offers free zero-pressure appraisals from certified coin experts for both types of coin appraisals: online and at-home. 

Both online and at-home appraisals with Coinfully are made easy and profitable for the seller. Whether it is your first time selling a coin collection or your hundredth, Coinfully looks out for you.

Online

Coinfully offers online free coin appraisals, regardless of whether you decide to sell or not.

For online coin appraisals with Coinfully, you will need to create a detailed inventory list of your coins. After an expert with Coinfully gets your list, they may ask you to send some photos of your collection to ensure an accurate appraisal.

You will only have to send your coins to us if you decide to sell them to us for the appraised price. Your package will be fully insured by Lloyd’s of London and opened up under 4k security cameras. One business day after receiving your coins, you will be paid.

Sometimes while selling your coins online, upon receiving them, our exports have noticed something they hadn’t seen during the appraisal that makes your coins more valuable than originally thought. When this happens, we make sure you are compensated for the increase in value.

At-Home

Numismatist from Coinfully carefully appraising a collection of rare coins at home, documenting his findings.

For large collections or rare coins, Coinfully will send an expert to you anywhere in the United States free of charge and with a zero-pressure guarantee.

During at-home coin appraisals, Coinfully offers the same advantages of online appraisals but with an in-person expert to discuss your collection in real time. 

Afterwards, if you like the appraisal price and decide to sell, our experts will write you a check and take the coins upon departure so that you do not have to worry about transporting or shipping your coins.

Contact Coinfully today or fill out our inquiry form to get started on your free coin appraisal and discover the value of your coin collection.

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Wyatt McDonald President & Co-Founder of Coinfully. A student of numismatics and trained in the ANA Seminar in Denver, Wyatt is the face of Coinfully and a true expert. After spending a decade buying coins over the counter at a coin shop, he knew there had to be a better way, for everyone involved.

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