How Do You Appraise A Coin Collection?
Coin collecting is a very popular hobby. There are thousands of coin dealers, at least a half a dozen numismatic TV shows, and several mints producing a wide variety of items. The United States Mint is the ONLY authorized manufacturer of official United States coinage. It is also part of the United States Department of the Treasury. Another of my articles explores dealers and other mints. Here we will discuss the basics of how to appraise a coin, several coins, or a whole collection. How to Identify and Evaluate Coins Step 1 Overview If you are new to the hobby or have only a “general” idea regarding the value of coins, you will be at a big disadvantage trying to appraise any coin(s). This is not a job for amateurs. It could cost you or the owner of a valuable collection an awful lot of money if you are not prepared. Your choices are really straightforward. You must take the time to thoroughly learn about numismatics or consult a certified dealer. There is no “winging it” here! The mos