How to find out how much a coin is worth
How to find out how much a coin is worth
Numismatics is one of the mostcommon hobbies. It is quite difficult to assemble a good collection, the necessary coins can be exchanged or bought. In order not to overpay for a purchase or not to change a coin for a much less valuable one, it is necessary to know its real market value.
You will need
- - catalogs of coins.
Instructions
1
The cost of a coin is determined by the price of the metal, fromwhich it is made of, and its rarity. In addition, its assessment is affected by safety. Two identical coins can differ in value at times, if one of them is in perfect condition, and the second has scratches, scrapes and other traces of circulation.
2
If you need to know the cost of a coin,use the directories. Since taking into account inflation, the price of coins changes every year, directory information quickly become obsolete. Therefore, catalogs older than one or two years can only show the approximate cost of coins in your collection. As the prices for coins only grow, it will be the minimum price. Take into account the fact that the prices in the catalogs are indicated on the coins in perfect condition.
3
To determine the value of coins, you canUse information from catalogs on the Internet. For example, if you are interested in the price of Russian coins since 1991, go to the "House of Coins" website. Also you can find out the cost of Russian and foreign coins for sale on the MonetaRUB website. It should be borne in mind that all coins sold are usually overpriced.
4
By going to the "Online catalog of coins", you canView color photos of coins from different countries, including Russia. The prices for coins are not specified, but the catalog can be very useful for a correct determination of coins you have.
5
The price of buying up Soviet coins you can find outon the site "Russian coin". It should be borne in mind that the purchase prices are always a little understated. Nevertheless, the catalog will help you to find out the minimum price for your existing Soviet coins.
6
Never try to evaluate your coinsmarket traders. This situation may arise: you were told the price of your coins, immediately offered to sell them. The price made you happy, you were glad to part with the coins. And only later it can turn out that you sold your coins very cheaply. Therefore, first find out their real cost in different catalogs, and only then think about the sale.
