
Coin Collecting: Price Guide
Many coin collectors can get scammed for certain coins. These collectors have no basic knowledge of how much coins cost roughly. There are many resources out there that will give a rough estimate of the worth of a coin like the “red book” which is a guide book of US coins. For those that don’t want to by the book I have written this article to give you some information on the basic value of some coins.
The Wheat-Cent Coin (circulated)
The wheat-cent coins made between the years of 1940 and 1958 are worth a few cents or maybe less. However, if the coin was manufactured before 1940 then they are a higher price which is going to be around the range of few dollars.
Silver Dollars
These coins are a favourite with collectors (especially those made before 1935) as they actually have silver in them. Due to this these coins are sold for the actual price of their silver. Yep that’s right every ounce of silver in the coins unless they are damaged or worn out.
Quarters, Dollars and Halves – The Bicentennial Kind
These coins are just face value because there were billions of these coins made which reduced the value of the coins. There are some dealers out there though who will pay a few dollars more if the coins are uncirculated.
A Freak Coin
These are coins like two-headed coins which have two different heads on either side (each from a different coin).They were not discovered until a few years back (2000). An example of a freak coin is the one that was found in 1999 that had Lincoln’s face on one side whilst Roosevelt’s on the other. These coins can also be known as mule coins and if you find one you should take it to be examined and if it is real then you can auction if for more money.
As you can see a coin is worth more than a coin. This article proves that. If you are looking to sell or buy coins make sure you refer to a resource (like this article) that will make sure you don’t get scammed out of your money.
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