Jul 11th, 2023 · 2 min read
A good question – especially if you happen to have inherited a coin collection and have never looked into this before.
Truth is, there is no single element that determines how much a coin collector is willing to pay for a coin. Rare coin value is actually determined by several factors, some of which are obvious while some are less so.
Rarity is one of the most significant things to take into consideration. Coins that were minted in limited quantities or have a low survival rate will generally be more valuable.
And it probably goes without saying that rare coins in excellent condition are generally more valuable than those that are worn or damaged.
Coins that mark important events or periods in history are also often more valuable.
Older coins are generally worth more than newer ones to a collector while coins with minting errors are also often more valuable. Earlier this year, a 2022 Sally Ride American Women quarter that was mistakenly struck on a Jefferson nickel planchet generated a lot of excitement before going to auction.
Finally, coins with unique or attractive designs will likely be more valuable than those with more generic features.
OK, so now you know what determines the collectable value of a coin, how do you go about finding out what that coin is actually worth?
Well, that’s where the experts come in.
At Coinfully, we will determine whether you have a rare coin, we’ll then assess its condition and research market demand, before appraising the value.
That way you can walk away from that conversation not only informed about the value of your coins – but able to make that key decision about whether selling a coin collection could be your next move.
The critical information about your coin collection, whether you have carefully collated it yourself or inherited a coin collection from a loved one, is right there at the end of your fingertips. You just need to call and ask.
Our system is designed to make it simple to connect with a coin appraiser to get the lowdown on your coin collection.
All you need to do is upload some photos and basic details of the rare coins you want to be appraised and we take it from there. With large or historically significant coin collections we can even make arrangements to appraise your coins in person. We’ll travel to your destination, at our cost.
A simple question about a feature of a coin, or its marketability, or just whether it is in some way unique or unusual, should never turn into you having to fend off the hard sell.
At Coinfully you will experience only a helping hand. Get in touch with our team today and get the answers you’ve been waiting for. GET A FREE APPRAISAL
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.
Think you’re onto something big with your collection? Let’s talk…