What is coinage pricing?

What is coinage pricing?

If you price items to be exactly the value of a note or coin (or slightly under), then all they have to do is to give you a single note/coin. ... If you give customers change with more coins or notes, it may seem to them like they are getting more change and hence that the amount they paid is not that much.

How do I find the value of old coins?

Consult a coin value book.

  1. The “book” value (a generally accepted value of the coin)
  2. The “buy” value (what a dealer would pay to buy the coin from you)
  3. The retail value (what a dealer would sell a coin to a customer for)

How do you find out if my coins are worth anything?

You have to learn about each coin individually. “The three variables that determine the value of a coin are: how many were minted, the grade or condition of the coin, and the demand,” Gillis said. When asked which is most important, he says, “probably the mintage number if I had to choose one of the three.”

Where can I get my coins valued?

Warwick & Warwick is a highly-regarded coin valuer and auctioneer of collectables – staging regular regional roadshows in England, Scotland, Wales and Northern Ireland. Each of these events allow you to meet our experts, lodge your coins for valuation and provides the chance to discuss your selling options.

How much does it cost to get a coin collection appraised?

There are different sorts of appraisals. If this relates to an estate, or is driven by a bank, the appraisers often charge high. Conversely, one coin dealer I have known for years will charge around 25-40$ per hour, provide a detailed break down, and annotate with retail / wholesale / buy it now prices.

How do I verify a coin?

First, you can ask the seller for the barcode of the coin you are considering purchasing so you can verify it. Some will provide it, some won't. If it is a rare coin, chances are they will because they only have a few (maybe only 1 or 2) of them and they have no problem with you verifying the legitimacy of the coin.

Which is better NGC or PCGS?

Usually PCGS is the preferred grading company but only slightly and only for coins with a value above $500 or so. For a cheaper coin(