Coins are valued for their bullion content (like, silver, gold, or platinum), rarity, and condition (grade), or some combination of each.
We’ve taken each of those three variables and broken them into six major pieces (steps to take, variables to look at) to determine your coin’s value.
We want to help you understand what makes your coins worth money, so the Academy of Coins© Staff have taken on each piece to help you understand.
If you prefer to find out your coin’s value quickly, use the Academy of Coins© PriceThatCoin.com Coin Grading Service. Learning to authenticate and grade coins is an art and skill that takes many years. For collectors, this is great fun! TPG coin certification may be a wonderful option for those that have both money and time. PriceThatCoin.com is quick, low-cost, and easy. If your coin should be certified, we’ll tell you.
#1) Identify Your Coins
First, you have to know what you have. Identify your coin using our Basic Visual Coin Guide.
Then, check out the following articles designed to give you insider numismatic market tips and a better understanding of the coin market:
Third Party Grading Services
Is your coin certified by a reputable Third Party Grading Service (TPG) like PCGS or NGC? If not, should it be? If so, you need to understand how that impacts its value and liquidity on the market. Read about TPG Considerations with valuable coins…
If your coin is certified by a major Third Party Grading Service (and it is encapsulated in one of their plastic holders), the holder should tell you everything you want to know, and guide you to reasonably accurate pricing.
#2) Bullion Content
The Bullion Content of a Coin: Understanding Bullion Versus Numismatic Values
The metal content of a coin can impact a coin’s value. Sometimes the bullion content accounts for most of the value of a coin. Sometimes, it’s the collectible coin market that drives the price of coins worth money. Learn to understand the difference between bullion and numismatic value of coins…
Coin Rarity: What (Really) is a Rare Coin?
People talk about “rare coins” a lot, but most coins aren’t the slightest bit rare – even those coins that have significant collectible value. Learn about numismatic rarity – what makes a coin rare and what makes a coin valuable…
#4) Condition: Grade
Coin Condition: Coin Grading and Impact on Value
Coin condition and conditional rarity significantly impact the value of a coin. Grade is another important piece of coins worth money. Here we explain how the coin market interprets and describes the condition of a coin…
Where the Price Guides Don’t Tell the Whole Story
#5) Condition: Problems
Coin Condition: Problem Coins
Identifying a problem coin is tricky. Many don’t fully understand their valuation. Learn to identify problem coins and better understand their value – or lack of value – compared to problem-free coins…
#6) Condition: Eye Appeal & Toning
Coin Condition: Beyond the Grade – Eye Appeal
Tarnish, or “toning” as we call it in the trade, may have a huge impact on a coin’s value. Better understand values of naturally toned coins and naturally untoned coins…