Only an experienced collector or professional appraiser of antiques can accurately determine the price of a particular antique coin. For this, an ordinary person needs to be guided by some important rules.
Instructions
Step 1
If you want to determine the value of any old coin, first carefully look through the most famous coin catalogs. In them you will find information on prices for various types of coins, their degree of preservation and rarity. Keep in mind that the better the safety of a particular specimen, the higher its value. The most popular catalogs containing information about Russian coins are the Uzdennikov catalog and the Krause catalog.
Step 2
The disadvantage of evaluating coins using coin catalogs is that they can only be used to determine the total value of the coin, without taking into account its real safety, and therefore the real price.
Step 3
The real value of a coin is understood to mean its true market value. And it, as a rule, differs significantly from the cost indicated in the catalog. The actual market price depends on many factors, for example, the real value of precious metals, the quality of a particular coin, the demand for a given specimen. In order to most accurately determine the price of a coin, you will need to find out the price of exactly the same, but already sold.
Step 4
The rarity of these coins depends on the number of coins available for collecting and on their circulation. Limited editions have a high price tag.
Step 5
You can determine the price of a coin by contacting representatives of mints, sales agents, specific collectors or organizations involved in coin valuation services, as well as by participating in various auctions.
Step 6
When seeking help from a specialist, keep in mind that even the most experienced collector can make a mistake when evaluating a particular coin. Therefore, if you do not have sufficient experience in the field of numismatics, be sure to pay attention to specimens, the price of which, according to the expert's assessment, is not too high.
