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Published byAbraham Jackson Modified over 9 years ago
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Value Guides How much are my coins worth?
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Grading vs. Value Grading is really a shorthand method of valuation Coins and currency in better condition are almost always worth more Dr. William Sheldon in Penny Whimsy attempted to make equal increments in value 1-70. A coin that rated a 12 would be 6 times more valuable than that of a coin rating a 2
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This Didn’t Work True collectors, around the turn of the century, had no reference material except old auction catalogues and the prices someone was willing to pay (prices realized) In the early 1900, buy and sell price guides were available –J.W. Scott –B. Max Mehl
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Today we have…. RED Book Blue Book Black Book Grey Sheet Green Sheet Blue Sheet Trends Krauss These are the old standards, but what is new?
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On-Line Price Guides and Prices Realized The coin market is very volatile and with an old price guide, you may miss maximization of your profits. Some Coin and Currency values have doubled to tripled in the past 3 to 5 years. Methods of getting these values: –Heritage Rare Coin –PCGS –Numismedia –Teletrade – EBAY ….
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If you don’t have a computer, your local library will have internet access. www.PCGS.com www.Heritagecoin.com www.teletrade.com www.numismedia.com www.ebay.com
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The value tools are many Don’t forget to buy the book before you “ SELL THE COIN” A coin is worth what someone is willing to pay for it
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Don’t forget to have fun!
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