For a novice numismatist, evaluating coins is a rather difficult task. The cost of a particular collector's item is influenced by many factors, which can be fully taken into account only if you have certain experience and knowledge. This applies, first of all, to the assessment of old coins that have long been out of circulation.
It is necessary
- - catalogs of coins;
- - magnifying glass.
Instructions
Step 1
Try to determine the authenticity of the specimen of the old coin in your possession. Use a magnifying glass to examine it, paying primary attention to the elaboration of the details of the image. The main difference between a counterfeit coin is the lack of precision in the execution of details.
Step 2
Refer to specialized coin catalogs. Comparing your copy with the images of coins presented in such publications will help not only determine the authenticity of the coin, but also approximately estimate its current market value. Note the rarity of the coin; the cost of the product largely depends on this criterion. The fewer coins of a given type are in circulation among collectors, the more valuable the specimen is.
Step 3
Use the help of professionals to evaluate the coin. Take pictures of the coin on both sides in macro mode. Submit your image on one of the authoritative forums dedicated to numismatics. Be clear about the cost of a particular copy and politely ask experts for their views. Even if you do not receive comprehensive information, experts will help you determine the approximate order of the numbers that determine the value of the coin.
Step 4
If you do not have the necessary experience, and reference materials are not available, contact a reputable firm with a reliable and proven reputation in the numismatics market for help in assessing. Submit coins for authentication and value research. Large firms can, at your request, issue an expert opinion, which will be accompanied by professional photographs of coins, as well as spectral analysis data. Having such a certificate of authenticity increases the chances of exchanging or selling coins for a profit.
