Not yet registered? Create a OverBlog!

Create my blog

A guide to old coin prices

Are you interested in becoming a coin collector, or simply curious as to how much a rare coin in your possession is worth? This guide outlines some of the things to look for when coin collecting and a rough guide to the values of some old as well as rare coins.

What is that coin?

Identifying a coin's age and nationality is a great place to start when determining its value. To fully identify a coin and thus, its value, you will need to know its: - Nationality - Date - Metal - Denomination - Design - Weight - Colour - Thickness You also need to know if it is genuine or forged, re-strike or original. To help determine these qualities, there are numerous websites such as Coins.org.uk. Alternatively, a visit to your nearest coin shop or antique dealer may help you to determine the characteristics and the subsequent value of your coins.

Coin conditions

The value of antique and rare coins is largely determined by their condition. A coin grading system exists among collectors to determine the wear and tear of old coins. There are twenty-five numerical grades given to coins by using the standard Sheldon's Numerical System. These range from AG-3, or 'About Good' to MS-70 in perfect mint condition. Obviously, the closer to mint condition your coin is, the higher the value. Good news and bad news The bad news for coin collectors is that most coins are worth very little money. Coins are the currencies of modern civilisation and are very rarely thrown out, meaning that there are far more disused coins in the world than there are coin collectors. The good news, however, is that prices very rarely go down. As a coin becomes more and more historic, its value invariably increases. Whilst recently disused coins may be worth slightly more than a few cents, pieces from the seventeenth and eighteenth centuries have been known to fetch thousands of pounds.

Error coins

Error coins refers to those that have been incorrectly printed with off-centre designs. They are also capable of bringing in larger sums of money. Coin dealers will pay between £1 to £400 for a variety of error coins.

Buying and selling your coins

As a collector, it is up to you whether to trade or sell your valuable coins, or to hold onto your prized possessions. If you choose to sell, an internet search engine is a great place to start. Antique buyers, live auctions and coin specialists are all possible places to turn your rare and antique coins into a little or some extra cash!

Same category articles Antiques & collectables

Where to find antique wall telephones

Where to find antique wall telephones

Alexander Graham Bell invented the telephone in 1867. Until this time, the main modes of communication were the telegraph and letters. Bell's invention developed through the ages until the modern phones of nowadays. Buying an antique phones can be a way to collect history and trace the development of this 19th century invention. This article details out where to find antique wall telephone.
How to care for antique glassware

How to care for antique glassware

The manufacture of glass began 3500 years ago in the Middle East. The first production of glass was in the UK in 1226. Glass has a greenish tinge which is neutralised with manganese. While George Ravenscroft was credited for adding lead oxide to glass to make it clearer, the practice had been done previously in Italy. Old glass is wonderful to collect, for with it one is also collecting a portion of the history as well. This article shows how to care for antique glassware.
How to restore antique door hardware

How to restore antique door hardware

Antique door hardware is interesting as it reflects the styles of the time in which it was produced. From the formal hardware of the Georgian period to the fanciful hardware of the Arts and Crafts period, to the elaborate hardware of the Victorian era, the styles of the period are reflected in the hinges, door knobs and lock-sets. When you have an older house or one which you wish to make look old, antique door hardware can help to tie the house's style together. Restoring them properly can make them look new.
Where to buy vintage perfume

Where to buy vintage perfume

Perfumes was used since ancient Mesopotamia. The first perfume was actually incense which was made from fragrant resins and woods. Sometimes, the Mesopotamians soaked incense in water, then rubbed the resulting scent on themselves. Perfume use continued throughout the rest of the world, and added the distillations from flowers, an invention of the Arabs, which also spread . The use of aldehydes began in the 1920s with Chanel No. 5, and the development of man-made scents began. This article details out where to buy vintage perfume.