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Value Guides

Value Guides. How much are my coins worth?. Grading vs. Value. Grading is really a shorthand method of valuation Coins and currency in better condition are almost always worth more Dr. William Sheldon in Penny Whimsy attempted to make equal increments in value 1-70.

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Value Guides

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  1. Value Guides How much are my coins worth?

  2. Grading vs. Value • Grading is really a shorthand method of valuation • Coins and currency in better condition are almost always worth more • Dr. William Sheldon in Penny Whimsy attempted to make equal increments in value 1-70. • A coin that rated a 12 would be 6 times more valuable than that of a coin rating a 2

  3. This Didn’t Work • True collectors, around the turn of the century, had no reference material except old auction catalogues and the prices someone was willing to pay (prices realized) • In the early 1900, buy and sell price guides were available • J.W. Scott • B. Max Mehl

  4. Today we have…. • RED Book • Blue Book • Black Book • Grey Sheet • Green Sheet • Blue Sheet • Trends • Krauss • These are the old standards, but what is new?

  5. On-Line Price Guides and Prices Realized • The coin market is very volatile and with an old price guide, you may miss maximization of your profits. • Some Coin and Currency values have doubled to tripled in the past 3 to 5 years. • Methods of getting these values: • Heritage Rare Coin • PCGS • Numismedia • Teletrade • EBAY ….

  6. If you don’t have a computer, your local library will have internet access. www.PCGS.com www.Heritagecoin.com www.teletrade.com www.numismedia.com www.ebay.com

  7. The value tools are many • Don’t forget to buy the book before you “ SELL THE COIN” • A coin is worth what someone is willing to pay for it

  8. Don’t forget to have fun!

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