Valuing Old Coins
What coin do you have
Identifying your coin is usually the easy step. Try to work out the following about your coin first:
- What country is it from?
- What year was it minted in?
- What is its denomination or face value?
Take this coin for example. we can see on the reverse side that itís a 5 cents coin from the state of North Borneo struck in 1928. This was a particularly easy example because all the details are clearly written on one side of the coin, plus the coin has been certified by PCGS and they've identified the same (more on certification later).
There are other factors that come into identifying a coin but first, lets look up the coin on NumisTip.
Typing the coin details into the NumisTip search box only returns one result, so there isn't really any further need to identify other characteristics of the coin. Let's click it to get the values.
NumisTip provides both retail and wholesale values. Retail values are what you would typically expect to pay to source the coin, while the wholesale values are what you can expect to receive if you were to try to sell the coin. In this case, as this coin has already been certified by PCGS at MS66, a very high grade, we are ready to look up the price. The wholesale value for 2019 is $180, and the retail value is $440. Congratulations, you've valued your first coin.
Not every coin is this easy to value though.