| Coin collectors, old and new, have always | | | | the price that it would bring on the market, |
| wondered whether the coin or coins they have in | | | | because the grade of the coin would match its |
| their possession are worth more than the face | | | | condition. A coin that is in mint condition - add to |
| value today - or in the foreseeable future. | | | | this that it is basically an uncirculated coin - is |
| Even though that a coin which has little or no | | | | actually worth one hundred times more than a |
| value monetarily is not necessarily one would not | | | | similar coin that is just in average circulated |
| keep or make part of one's coin collection. | | | | condition. |
| The following are basic factors which could | | | | Demand and supply |
| influence a coin's value. | | | | Sometimes, when the demand for a specific coin |
| How rare or un-rare is it? | | | | is high, that coin's worth - despite the number of |
| Generally, the concept that everyone knows and | | | | them available - is just as high. |
| follows is this: the rarer a coin the higher the coin's | | | | Take the example of the coin dated 1916-D, and |
| worth. This rule is true in some cases and - | | | | compare it to the value of a coin dated 1798. |
| fortunately or unfortunately - false on the others. | | | | Many people prefer to collect coins of the 20th |
| There was a situation where a Chinese coin, a | | | | century rather than those that are from the |
| thousand years old, sold for only a few of dollars | | | | 1700's. The 1916-D dimes sell higher than the |
| because there were many of the | | | | much older 1798 coins. The fact that there are |
| thousand-year-old Chinese available. Compare this | | | | more (approximately four hundred thousand) |
| to a coin made only in 1913, a nickel specifically | | | | 1916-D coins than there are dimes from the year |
| called a Liberty Head, which could sell for (hold | | | | 1798 (only about thirty thousand), does little to |
| your breath) one million dollars! It is known that | | | | affect the price of each. |
| only five of these coins exist, consequently the | | | | It is best to have a professional coin dealer grade |
| enormous monetary value. | | | | the coin(s) and determine the value of any coin(s) |
| Is the coin in good condition? | | | | you may own. Who knows, it could be worth |
| The better the condition of the coin, the better | | | | more (or less) than what you think. |