Additional video helps to identify many subtle points to grading coins. Close-up images and descriptions of grades are used to judge condition.
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Old penny values series#
Each series page covers grading in detail. 🔎Refer to Step 1 Above: Image and text links lead to series pages of in-depth coverage. Grading the condition of coins using videos, images and descriptions. Tops of lettering is weak on many coins in Good grade. Dates and legends are often beginning to fade towards the rim. Portraits and major design areas are in outline with few inner details, however, they remain clear and not merged with the field. Good Grade: Overall, heavy wear has reduced the design to smooth areas. Value charts list grades and values accordingly. Grades are used by collectors and dealers as a metric to define a coin's condition. As wear develops across the surface, each stage is recognized and judged, and different grades are assigned. A coin as minted, with no wear, is the top grade, Mint State. A close examination is made of the preservation, and a grade is given to its condition. Next step, an important one, is judging the condition of a coin. Step 3: | Grading Condition | Coin Values are Conditional
Old penny values how to#
Visit the series page for value charts, mintmark identity and location, and details on how to value coins. 🔎In Step 1 above are image links to match your coin. Pictured above are a few mintmarks from popular mints. It reduces the series into a manageable size and includes historical coins from a now closed mint. A worthy collection is New Orleans Morgan dollars. Branch mint coins are listed and valued separately on the charts as well.Ĭollectors often choose a mint to focus a collection around. Mintmarks and their locations are imaged and described in detail for each specific series. Identifying a possible branch mint coin is the process of locating the "Mintmark" specific to each mint. Branch mints adding to coinage used a "mintmark" to indicated their production. Additional branch mints to produce coins were built as the country expanded and grew economically. Each series of coins were minted primarily at the Philadelphia mint. Varieties within a year include Mintmarks: Here begins a more detailed investigation into the exact coin on hand. Identity of date is key to an accurate value. Each date is studied and common to scarce to rare are recognized. Collections are assembled by dates of a coin series.
Old penny values plus#
Video Introduction to the Coin Value Process Step 2: | Date and Mintmarks Plus Variety are Identifiedĭates of coins are the initial identity on value charts. Examine your coins closely, compare them to the grading images, and find their values listed on the chart. Rare dates, mintmarks and condition separate the common from the very valuable. Values are listed starting with the small but rare 2.5 dollar and ending with the huge twenty-dollar gold coins.īecause the price of gold is rising all gold coins have increased in value greatly. Step 1: | Recognize the Different Series of Coins
Note: Images within blue borders are Links to the series. Examine your coin and compare to the following images to find a match. How to determine coin values begins with identifying the denomination and series. Each coin has its unique set of special qualities. Many factors either raise or lower potential value.
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