When it comes time to sell your old and rare coin collection, you want to identify a leading Atlanta coin dealer who not only understands how to evaluate and appraise a large and diverse coin collection, but who has also earned a reputation for paying industry leading prices for old, rare, gold and silver coins and coin collections.
If you happen to have a coin collection that includes any old and rare coins consisting of various metals, such as copper and nickel, you can automatically rule out “we buy gold” stores, bullion dealers, pawn shops and jewelry stores, as these shops have little to no knowledge of numismatic coins, and will likely only pay you for the metal content of your coins. If you’re merely selling junk silver coins, that’s fine, but if you have an eclectic collection containing various types of coins, you’ll want to see a coin expert.
Old copper pennies are one of the more common items contained in old and rare coin collections, and you can be sure that these coins are worth more than one cent. For example, all Large Cents, Two Cent pieces and Half cents issued by the U.S. Mint sell for a premium. The lower the mintage of the coin and the better the condition, the higher the value. These aren’t the only copper coins that sell at a premium. Some Indian Head pennies, such as the 1877 and 1909-S sell for well over $100. There are also several wheat pennies that sell for $50 or more, including 1909-S VDB, 1909-S, 1914-D, 1922 Plain, 1931-S, and the 1955 Double Die obverse penny.
Copper cents aren’t the only old and rare coins that sell at a premium. Three cent and five cent pieces, composed of nickel, can also have substantial value. The most valuable of the nickel three cent pieces include those minted from 1883 – 1887. The mintage of these coins was 5,001 or less. As far as five cent pieces go, Shield nickels minted from 1879 – 1881 sell for over $100 a piece. V nickels, which followed Shield nickels in chronological order, also have some low mintage coins that are quite valuable, including the following: 1885, 1886, and 1912-S. If you happen to have a 1913 V nickel, you’re in luck, as only five of these coins are known to exist.
Other rare and low mintage coins that sell for a premium well above the underlying metal content include early minted half dimes, dimes, twenty cent pieces, half dollars, and silver dollars. As a rule of thumb, any Seated Liberty half dimes, dimes, twenty cent pieces, half dollars, and silver dollars will sell at premium. Of course, there are plenty of coins minted after this time that are considered rare and extremely valuable.
When it comes to diverse coin collections, you can’t rule out foreign coins. Typically foreign coins issued prior to 1900 have more value than more modern issued foreign coins, but this isn’t a hard and fast rule. As with U.S. coins, the mintage and condition of the coins are the primary factors that determine the value, so the coins don’t necessarily have to be extremely old to have considerable value.
In summary, when it comes time to sell your old or rare coin collection, you’ll want to find a reputable and knowledgeable Atlanta coin dealer that will not only help you properly identify your coins, but who can also accurately appraise the items and offer industry leading prices for your coins. The above mentioned coins are just a sampling of the type of coins that Atlanta Gold & Coin Buyers sees on a regular basis, so you can feel comfortable knowing that you’ll receive an accurate and fair appraisal if you choose to do business with us.