Free coin appraisals - a guide to the good, the bad and the ugly

Wyatt McDonald

Jun 10th, 2023 · 2 min read

They say there’s no such thing as a free lunch. Maybe. But there is such a thing as a free coin appraisal!

So how does it work?

Well, look at it this way. What are coin appraisals really worth?

The dictionary definition of ‘appraisal’ is ‘an act of assessing something or someone’. But they’re not all delivered of the same quality.

Contrary to popular belief, not all coin appraisals are created equal. Some are far more valuable than others. In fact, there are several red flags that could indicate a less-than-stellar appraisal.

What does a bad coin appraisal look like to a collector?

Lack of Detail: A bad coin appraisal often skimps on the details and may estimate key findings. If your appraisal doesn’t delve into the specifics of your coin’s condition, rarity, and relevance to current market trends, you’re not getting the full picture and what you have could be junk – or it could be priceless.

No Authentication Process: Coin appraisals that don’t include an authentication process for your coin collection can lead to devastating errors. If the appraiser fails to verify the authenticity of your rare or antique item they’re missing a critical step that could lead to you making a bad decision.

Ignoring Market Trends: An appraisal that fails to consider the current market conditions is like trying to navigate a ship without a compass. Market trends such as the price of gold and silver play a significant role in a coin’s value, and values can fluctuate considerably in a short space of time so any appraisal that overlooks this key factor or doesn’t draw on the most up-to-date market activity is likely to be an exercise in worthlessness.

Whether you’ve inherited a coin collection or have been accumulating your own collection you deserve an appraisal that gives you the depth of detail you need to be able to make any decisions with confidence. And that, in a nutshell, is what Coinfully does best.

A good coin appraisal is not just about the value of your coins.

The best coin appraisals are those which provide a complete understanding of a coin collection. They educate and inform. Figures should never be thrown around without close inspection – that’s a surefire recipe for a coin valuation to come in too high or too low.

When it comes to free vintage coin appraisals, the need for expertise and experience is everything. Get it wrong and the results could have significant consequences for you.

Our simple three-step plan to sell your coins successfully.

Coinfully uses a simple, three-step plan to ensure customers have absolute confidence in their appraisal and can recognize a market-leading offer for their vintage currency.

Here’s what happens next with a Coinfully coin appraisal:

  1. You’ll have a friendly and informative discussion with one of Coinfully’s experienced numismatic experts who will offer initial advice and guide you on the next steps.
  2. You then send an email with photos of the coins in question, allowing the Coinfully experts to better understand the condition of your coins or coin collection.
  3. If you’ve something we might be interested in buying, we’ll make you a top-of-market offer, and you’ll ship your coins directly to Coinfully for a one-day turnaround collection validation and payment dispatch. You then get paid immediately. No hanging around!

We also provide a concierge in-person coin appraisal service where we’ll travel to you to appraise your coins at your home – because we’re firm believers that all coin appraisals should be easy.

Ready to get your coin collection appraised?



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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401 Hawthorne Ln, Ste 110-323 - Charlotte, NC 28204

Image of appraised coins on a table

Don’t put in all the work for an in-person appraisal just to be offered pennies on the dollar.