Numismatics is one of the most widespread hobbies. It is quite difficult to collect a good collection, the necessary coins can be exchanged or bought. In order not to overpay for a purchase or exchange a coin for a much less valuable one, you need to know its real market value.
It is necessary
catalogs of coins
Instructions
Step 1
The value of a coin is determined by the price of the metal it is made of and its rarity. In addition, preservation affects its assessment. Two identical coins can differ significantly in value if one of them is in perfect condition, and the second has scratches, abrasions and other traces of handling.
Step 2
If you need to find out the value of a coin, use the catalogs. As the prices of coins change every year due to inflation, the information in the catalogs quickly becomes out of date. Therefore, catalogs older than one to two years can only show the approximate value of the coins in your collection. Since the prices of coins only go up, this will be the lowest price. Keep in mind that the prices in the catalogs are for coins in perfect condition.
Step 3
To determine the value of coins, you can use information from catalogs on the Internet. For example, if you are interested in the prices of Russian coins since 1991, visit the Coin House website. You can also find out the cost of Russian and foreign coins put up for sale on the MonetaRUB website. It should be borne in mind that all coins sold are usually overpriced.
Step 4
Having entered the website "Online catalog of coins", you can see color photographs of coins from various countries, including Russia. Coin prices are not listed, but the catalog can be very helpful in identifying the correct coins you have.
Step 5
You can find out the purchase price for Soviet coins on the Russian Coin website. It should be borne in mind that purchase prices are always slightly understated. Nevertheless, the catalog will help you find out the minimum price for the Soviet coins you have.
Step 6
Never try to value your coins with market merchants. The following situation may arise: they told you the price of your coins, and immediately offered to sell them. The price made you happy, you gladly parted with the coins. And only later it may turn out that you sold your coins very cheaply. Therefore, first find out their real cost in various catalogs, and only then think about selling.
