Many resources exist that can help coin collecting hobbyists to determine the worth and price of their coins. Using these resources is a great way to determine the value of your coin collection, an estimate of the price you can expect to receive if you are selling, or the price you might pay for a coin that catches your interest.
Several books are available, including; The Red Book (A Guide Book of US Coins), The Blue Book (A Handbook of US Coins), as well as coin catalogs and newsletters that are available at libraries, or visit trusted coin dealers. Online resources are also available with information on the price of coins, a good choice is the NumisMedia site.
We have included some general pricing information for a few of the more popular, and plentiful, U.S. coins in the market place which will give you an idea what coin collectors and dealers are thinking in regards to price.
Circulated, U.S. Wheat Cent:
The Prices of coins that were made before 1958, or dated in 1940, are being purchased by dealers at two cents or less. Coins made prior to 1940 attract d a higher price, anywhere from three or four cents to a few dollars.
Silver Dollars:
U.S. Silver dollars contain just less than 1 oz. of silver in them, particularly the coins made prior to 1935. Silver dollars are favorites of coin collectors and it is common for them to be sold for more than the value of silver they contain, if they are in mint condition.
Susan B. Anthony Dollars:
The value of these coins is more than the one dollar they represent. Demand for these coins is high and they are difficult to find. If you find one in circulation, hold on to it.
Bicentennial Quarters, Dollars and Half Dollar:
There were lots and lots of these coins minted and therefore generally only command their face value in price. However, some coin dealers are willing to pay a ten percent premium for circulated bicentennial coins, and even up to a few dollars for uncirculated bicentennial coins.
An Unusual Coin:
Have you ever seen a 2 headed coin? Well they exist. In fact, there are many stories about coins that were made incorrectly but the mistake was not caught until after they were put into circulation. These are coins with a different design on each side. They are often referred to as "mules". In 2000 it was discovered that some of these headed coins were made, but it was after they went into circulation, and in 1999 a cent with Lincoln's face on one side and the image of Roosevelt's usually picture on the dime was on the other.
It you are lucky enough to find a mule coin, take it to your local coin dealer to have them determine if it is genuine. If it is, you may have a coin that is worth a few bucks in your pocket.
The information about is all available in any number of coin collecting guides, or the other resources mentioned. As your collection grows you will be buying and selling more and more coins and you will want to ensure that you are up to date on the latest pricing information, these resources will provide you with the research material you need.
Several books are available, including; The Red Book (A Guide Book of US Coins), The Blue Book (A Handbook of US Coins), as well as coin catalogs and newsletters that are available at libraries, or visit trusted coin dealers. Online resources are also available with information on the price of coins, a good choice is the NumisMedia site.
We have included some general pricing information for a few of the more popular, and plentiful, U.S. coins in the market place which will give you an idea what coin collectors and dealers are thinking in regards to price.
Circulated, U.S. Wheat Cent:
The Prices of coins that were made before 1958, or dated in 1940, are being purchased by dealers at two cents or less. Coins made prior to 1940 attract d a higher price, anywhere from three or four cents to a few dollars.
Silver Dollars:
U.S. Silver dollars contain just less than 1 oz. of silver in them, particularly the coins made prior to 1935. Silver dollars are favorites of coin collectors and it is common for them to be sold for more than the value of silver they contain, if they are in mint condition.
Susan B. Anthony Dollars:
The value of these coins is more than the one dollar they represent. Demand for these coins is high and they are difficult to find. If you find one in circulation, hold on to it.
Bicentennial Quarters, Dollars and Half Dollar:
There were lots and lots of these coins minted and therefore generally only command their face value in price. However, some coin dealers are willing to pay a ten percent premium for circulated bicentennial coins, and even up to a few dollars for uncirculated bicentennial coins.
An Unusual Coin:
Have you ever seen a 2 headed coin? Well they exist. In fact, there are many stories about coins that were made incorrectly but the mistake was not caught until after they were put into circulation. These are coins with a different design on each side. They are often referred to as "mules". In 2000 it was discovered that some of these headed coins were made, but it was after they went into circulation, and in 1999 a cent with Lincoln's face on one side and the image of Roosevelt's usually picture on the dime was on the other.
It you are lucky enough to find a mule coin, take it to your local coin dealer to have them determine if it is genuine. If it is, you may have a coin that is worth a few bucks in your pocket.
The information about is all available in any number of coin collecting guides, or the other resources mentioned. As your collection grows you will be buying and selling more and more coins and you will want to ensure that you are up to date on the latest pricing information, these resources will provide you with the research material you need.
