Posts Tagged ‘COIN SALE’

WHAT’S MY COIN WORTH

WHAT’S MY COIN WORTH

As I had mentioned in a previous article the worth of a coin is a rather subjective thing. I guess the short answer would be: “the amount a ready and willing buyer was prepared to pay you for it.” I guess the hardest part is for you to determine the grade and condition of your coin as this can affect the value greatly. Coins graded and sealed in slabs are normally the easiest to satisfy the buyer and the seller’s as to its condition.

There are several ways of determining a coins value:

1>  E-bay provides a place on their selling page that allows you to enter the date and description of your coin and after a short search it will give you the three week average sale value along with the number of coins of that type that have sold on e-bay.

2>  You can visit some of the auction sites and they will give you a running history of the amounts that particular coin has sold for at auction

3>  You can refer to a valuation guide such as the “PCGS” value tables. Here you can find most coins along with their values based on the grade of each coin.

4>  You can visit E-bay and on the search page enter the coin in question to get a list of sellers.

5>  You can book mark a few of your favorite sellers and check their sites for values, and even purchase the coin right there. (I’m hoping you will go to my web store)

6>  You can subscribe to a coin newsletter and get weekly or monthly updates as to coin values (this requires a paid subscription)

The large auction companies can also give you an idea of your coins worth and they will auction or consign your coin for you.

Please visit my E-Bay store at:  http://stores.ebay.com/Coin-Shop-Liquidators