There are several coins which were minted and used during the Civil War. Some of these rare coins value at very high prices while others do not. There are also several fake Civil War coins which entered the market once people realized that these coins were of value to collectors. If you have a Civil War Coin then you want to be sure you get the value of the coin properly determined. Below is some information about how you can go about determining the rare coins value of your Civil War coins.
The Red Book
Annually a book called the Red Book
The biggest drawback to using this book is that the rare coins value of the coin you are looking up could have changed after the tome the book was distributed. You really only want to use the Red Books
The Internet
The internet can be tricky place to buy and sell collectible coins. Often people who are selling coins inflate a rare coins value. This is why you should only use the internet to look up information published by coin experts, or numismatics, which are not trying to buy or sell coins.
If you look for resources on the internet which are respected in the coin collection industry you could find that the prices they give are more up to date than the printed in the most recent Red Books
Grading Services
It is hard to know what the actual amount of a coin will be without the use of a grading service. If you are going to have your coin graded you want to avoid going to what are called “basement slabbers”. These are coin graders who do inaccurate grading and are not fully recognized or respected by those in the coin collection filed. Instead you will want to go to one of the three top professional coin graders.
The there top coin graders which can help you determine a rare coins value are PCGS, or Professional Coin Grading Services, IGS, or Independent Grading Service, and NGC, Numismatic Grading Corporation. These three services will grade your coin on the respected Sheldon Grading System which consists of a 70 point scale. After they have determined the grade of your coin they will have it sonically sealed so that it can not be tamper3ed with or removed from the case in any way.
Photo Credits: TomConger
Originally posted 2010-08-18 09:29:39. Republished by Blog Post Promoter
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Buying and Selling Coins, Civil War Coins, Coin Appraisal, Coin Collecting, Coin Value, Rare Coins, US Coins
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