Many times, when determining a rare coins value, there tends to be a lengthy laundry list of qualifiers one must address. A rare coins value can become a highly subjective thing and determining a rare coins value has created many passionate debates among highly respected numismatists with many years of experience to rely upon. One of the biggest determining factors on that laundry list of qualifiers is finding an active market that will be reflective of that rare coins value. A coin can be a singular, unique rarity but if nobody is interested in the coin, the rare coins value could be nothing at all. Once a coin is identified as a rare coin, it then becomes subjected to several levels of scrutiny from the trained eye of a coin professional so that the rare coins value can be properly assessed. Authenticating a rare coin is generally the first step in this process as many coins from both the U.S., as well as countries from around the world, have been counterfeited. Unfortunately, much like in any collectible world, the state of counterfeiting has grown in direct proportion to the markets themselves, often leaving a rare coins value and authenticity in question.
A rare coins value can often be simplified in discovering whether or not that rare coin is even desired by coin collectors in general. Most rare coins, however, will find an eager and thriving market and the rare coins value could be something quite considerable. For the layman, finding a rare coins value can be a painstaking process filled with hours of historical research, internet searches and trips to the library as well as pouring through many books in an attempt to identify and classify the rare coin. Ultimately, once doing this research, one can discover that the intangible of market popularity can throw all that research out the window. Or worse still: one could come to the conclusion that the coin is not a rarity at all, which would extinguish any hope of it having a rare coins value and rendering all that time mired in research wasted.
However, once determining it actually is a rare coin, or a coin that has a significantly reduced population in comparison to its counterparts, the best course of action is to bring the coin or coins in to a coin professional at Nevada Coin & Jewelry, where we can verify the authenticity of the rare coin and estimate the rare coins value with a level of accuracy based directly on our vast wealth of knowledge and years of training and expertise. Or, to avoid the frustration of fruitless hours of research only to find that your coin has a population of millions, just bring it in, along with any other coins you may have questions about, to any one of the Nevada Coin & Jewelry locations serving the Las Vegas Valley and put our knowledge to work for you.
Monday – Friday: 9:30 am – 4:30 pm
Saturday and Sunday: Closed
