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Price Guides And Coin Values
The values listed in this price guide is not what the coin will sell for, but is only an indicator of what the larger dealers and auction houses have sold the coin for. Remember a price guide is just a guide, and coin values depend on the current market needs and how much a collectors desire the coin in question. Also, depends on the popularity of a coin series.
Also, these values do not reflect what a dealer will pay for the coin; often dealers pay 50% and below the current book value for common dates, and sometimes less. However, a key date often brings more, but it depends on the dealer's needs at the time. In example, if a dealer has an overstock of 1928-P Peace Dollars they will try to buy the coin low, but if the same dealer needs 1928-P Peace Dollars for their customers they will buy higher.
It's best to purchases a Blue Book or CDN Greysheet, they offer a more realistic price figure for US Coins, or check the adds in coin publications where dealers offer a list of what they are paying for coins.
Some other facts to remember before determining the value of a coin:
- A coin's age does not mean it's valuable.
- The value of a coin is determined by its rarity (often this defines low mintage years, but not always).
- The higher a coin grades the more valuable it becomes, and sometimes dramatically in the next higher grade.
- Any surface damage-PVC, scratches, dipped coins, cleaned coins, coins with substances on them, will decrease the value of the coin.
UNITED STATES COIN MINTAGES & PRICE GUIDES
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