ANTIQUE APPRAISAL: COIN APPRAISAL

There are several criteria that a coin appraiser at EmailAppraisals.com will consider when preparing a coin appraisal. To begin with, coins that are rare carry a higher demand among collectors and are valued higher, and also important is the grading (level of preservation) of the coin, based on established, industry standards.

Most coin appraisal experts will agree that the first factor that makes a coin rare is its mintage. The term mintage is the number of coins struck for any given date at a specific mint. However, official mintage figures are often incorrect. Ultimately, scarcity is determined by actual supply and demand in the collectible marketplace.   

The grading of a coin is always of importance in establishing value for a coin appraisal. For decades, the controversy lay mainly in the differences between the dealer’s opinion about the grade for a specific coin and that of the collector. As grading became more complicated and values increased between coins of different grades, third-party grading services began operating. Because so much money hangs in the balance, many dealers and collectors are now willing to pay fees for an objective, disinterested opinion about the grade of their coins. Over the years, many grading services have emerged, some specializing in paper money and world coins. Fees differ from company to company depending on the level of service. A coin graded by one company may realize greater value than the same coin in the same grade graded by another company because of market perception.

Most coin owners are interested in a coin appraisal because they want to sell, insure, or value for estate settlement purposes. Before selling the first rule of thumb is to know what you have to sell. If you need assistance, it is highly recommended you have your coin appraised by a professional coin appraiser, preferably one that has no intention to purchase from you. If a dealer is providing the appraisal with intent to purchase, he may waive the appraisal fee. If you are determined to receive a free coin appraisal, it is in your best interest to receive more than one coin appraisal and proposal to purchase.  

The coin appraisal experts at EmailAppraisals.com have over four decades of experience in appraising U.S. coins, commemorative coins, world coins, and proof and uncirculated coins. If you would like an independent, certified appraisal report at a fraction of the cost and time of a traditional appraisal consider an online appraisal at EmailAppraisals.com.