10 Coin Words You NEED To Know Before You Buy, Sell, Or Otherwise Acquire U.S. Coins
Find out the top 10 coin terms you need to know in order to succeed in coin collecting.
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Want to know the best books and coin price guides you should use? Our coin experts are sharing their favorite coin books, magazines, and coin value guides — including the best coin guide ever, The Red Book (also known as the coin collector’s bible). It’s so popular, it is referred to in many of our coin articles when we talk about current values.
Find out the top 10 coin terms you need to know in order to succeed in coin collecting.
What’s my coin worth? While it may seem like a fairly easy question, it takes a really good evaluation of the coin by a professional coin dealer to determine your coin’s value accurately. You see, when determining the value of a coin, the appraiser must consider not only the date and denomination of the coin, but also what condition it is in, what the value of the metal is, the relative scarcity of the coin, and other issues.
There are several coin price guides made by different companies, but I mostly use the Red Book and the Black Book. Here are some tips for choosing the right price guide for you coin collection.
A coin inventory — or coin log — is something that every coin collector needs to have. See why. Plus, all the best options when it comes to free coin inventory methods and coin inventory software.
Most coin collectors want to be able to look at their coins and determine an approximate grade — which will then yield important information about the coin’s worth. Here’s how U.S. coins are graded professionally AND how to grade a coin yourself at home!
Stuck indoors? Here are lots of fun things to do with coins to make the time fly by quickly! Even if you don’t have a coin collection and haven’t considered collecting coins in the past, these are ways to have fun with coins THAT YOU ALREADY HAVE while you’re stuck inside bored.
Here are 6 tips for buying coins from coin dealers, including insider tips for how to act when you’re in a coin dealer’s store, plus what to expect in terms of coin prices and values.
Here’s what to do if you’ve come across an estate coin collection, have no experience with coins, and you want to know how to look through a large coin collection… and possibly sell them.
As far as business-strike Lincoln Memorial pennies, the kind struck for circulation (and lacking errors), the short answer essentially is no — Lincoln Memorial pennies generally are not valuable. In fact, typical pieces are worth only face value if worn, and only a tiny premium if in average uncirculated condition, except for a few cases.
Check out these 5 tips on appraising coins.