There is a rule of thumb, that states that every coin has three values, it's value as money, it's value as metal, and it's collectable value. It's the collectable value that usually determines a coins worth. And that value is based on a variety of factors, it's original mintage (the number that were made), it's surviving mintage (how many still exist), it's condition (How much of it's original appearance and metal is still there), and it's popularity (how many people want it). this is a simple way of explaining how the value of a coin is worth, but in reality, it is very complicated. What it really comes down to, is does anybody want it, and what are they willing to pay for it. Example, I have a very rare coin, the 1976M 1 Dollar of Bermuda, they only made 729 of this coin, and as it is 25 years old, I am sure they have not all survived, and this coins is in Mint Condition, value $10...I also have a 1995 W proof silver eagle, they made 30,125 of them, all but 2 are believed to still be in proof condition, value...up to $2,700, even though the coin from Bermuda is over 41 times rarer, the differance is popularity.
The simplest way to determine a coins worth is to learn about coins. I have been collecting for 21 years, and I know the mearest fraction about coins. I read, and I ask questions. There is an excellent book, called A Guide Book Of United States Coins, by R.S. yeoman, or as it is more commanly known,'The Red Book'. It can be purchased at any book store for $13(+/-), and is a compilation on the history of coins, grading techniquees, mintages, and other vital. But, please never try to use it as a price guide, a book printed in August of 2000 is no good for pricing coins in 2001. For pricing, I would suggest Coin Prices Magazine, issued through Krause Publications, for about $3, and you can buy that at the same book store.
This will be a forever evolving section, being added almost as a last moment idea...
I will keep adding to this page, till I can find everything I am looking for, and welcome any added links you may be able to provide
Please remember that some nations have demonitized currency's, or like Mexico, Russia, Poland, just to name a few, remonitized. So if you converted a real cheap note or coin into this coverter, and found out you are a multi-billionaire, you might want to ask a few more questions.
Currency Conversion Chart
Bullion Prices
There will be more links in the future, leading to coin value sights.
The Following People have volunteered to be listed here as resources for coin/paper money questions, now when you e-mail them, please remember, they need as detailed a description as possible, dont just say, "I found a real old coin, I think it's silver, whats it worth?". Also, these people are volunteers, they are not getting paid for this, very few if any of them are part of Pocket Change Limited, so don't get mad if it takes them time to get around to your question. Also, it's not their fault if the coin is worth less then you paid for it. If they make you an offer for a coin, they might not pay you what you want for it, this is none of my concern, these people do not work for me. I am just grateful they offered thier time here, so please be nice to them.
Australian Coins/Paper She says she's no expert, but hey, she lives in Australia, thats gotta count for something.
Silver
Kjsmith kjsmith99@dingoblue.net.au
