Advice on placing values

Advice on placing values

Post by PETERSON » Thu, 18 Feb 1999 04:00:00


>Subject:    Advice on placing values

>Date:       Wed, 17 Feb 1999 14:37:18 GMT

>I have a bunch of coins collected by my Dad over the years.  Lots of old
>silver coins, nickels, wheat pennies, etc.

>I need to get some ballpark idea of their value so that when I sell them I
>know if I'm getting a fair deal

>Can someone recommend a web site or book(s) that I should be looking at?



I'd suggest getting a red book (A guidbook of US Coins by yeoman) and learning
some rudimentary coin grading skills.  The pricing in the red book is a little
outdated but it will give an idea what a coin is worth in different grades.

the key to pricing coins is correct grading, and you can get pretty close.  if
you find you have coins that have wild price swings between different grades,
its time to get some more experienced grading help on those coins.

for common coins like wheaties, dealers probably won't even want them unless
there are some rarer or uncirculated specimens.

best to take an inventory, and see what you have first.