Willamette Coin Club

Advancing the knowledge and enjoyment of numismatics

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Selling Coin Collections

The Willamette Coin Club is a non-profit, community organization, and we do not provide values for coin collections or buy them. 

The value of coins is based on rarity, coin condition, and market factors of supply and demand. Rarity is established by the production numbers (mintage). The market is determined by the number of collectors wanting to buy a coin versus the number that exist. Coin condition refers to the physical state of the item.

Due to the large numbers of coins and paper money produced globally starting in the 20th century, most coins and notes from that period hold only a nominal collector’s value over the face value amount.

Value can be established by a careful physical examination of the item by an experienced numismatist. We recommend you take your items to a coin dealer who is a member of the American Numismatic Association (ANA). ANA-member dealers are bound by a code of ethics. See resources below for a link to the dealer directory.

You can also do your own research by consulting one of the many published books or website on the topic. The latest editions of books like “A Guide Book of United States Coins” by R. S. Yeoman, “Paper Money of the United States” by Arthur L. and Ira S. Friedberg, as well as the “Standard Catalog of World Coins” and the “Standard Catalog of World Paper Money” (both published by Krause Publications) are available at many libraries and bookstores.

Websites like eBay and Heritage allow you to search their completed sales for similar coins. PCGS and NGC offer price estimates for authenticated and graded coins. To be successful at that, you should be able to identify and name the coin typically by country, denomination, and year.

When coin clubs meet in person, you can sometimes bring your collection and talk to others to get rough estimates. If the collection is large or particularly valuable, you may want to hire a professional to inventory and estimate the value.

Resources

ANA member dealers: https://www.coin-dealer-directory.money.org/

Calendar of regional coin events: https://www.pnna.org/calendar.html

“Managing & Settling a Numismatic Estate: How to Preserve or Dispose of a Coin Collection”: https://www.amazon.com/dp/0896370321/ref=cm_sw_em_r_mt_dp_J1NqFbRKCJ10V

ANA Frequently Asked Questions: https://www.money.org/FAQ

July Zoom: Buying and Selling on eBay

The Willamette Coin Club met by video conference on Thursday. Andrew gave a great presentation about buying and selling coins and notes on eBay. There were lots of tips about using the auction site. The club also gave away a few coins by random drawing and will be mailing them to the winners.

The coin club will meet again on August 20 at 7 PM Pacific Time by Zoom video. Contact us by email or Facebook if you want to join us. We will be holding a special presentation about Fugio coinage.

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