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How are coin prices determined?

Updated: 9/27/2023
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Coin prices are dependent on many factors such as rarity and material that the coin is made up of. The older the coins are, the rarer they are. The rarer they are the more they will cost.

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Q: How are coin prices determined?
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How do you find the value of a rare coin?

Several ways: 1. Look on eBay for past auctions for the same coin 2. Buy a Coin Prices magazine 3. Look on line for coin price websites 4. Go to a coin dealer Value is effected by several factors: 1. Year of minting 2. Mint Mark (where coin was minted) 3. Condition of the coin 4. Damage to the coin


What is the value of a 1923 Liberty dime?

It depends on the coin's condition and mint mark. Without that information the best I can do is point you to a site (among many) that gives a range of prices. http://www.numismedia.com/fmv/prices/mrcdim/pricesgd.shtml


What is the value of an 1856 dime?

It depends on the coin's condition and mint mark. See http://www.numismedia.com/fmv/prices/setdim/pricesgd.shtml , for example.


What is the value of an 1881 US dime?

I'd advise you to have your coin examined and authenticated. Current prices for 1881 Liberty Seated dimes range from about $150 in well worn condition all the way up to $350 if almost uncirculated. Uncirculated prices range from $600 to $3500. With only 24,975 of these coins minted, authentication is advised to be certain the coin is genuine.


How was the value of each coin decided upon?

Many coin dealers produce a catalogue which they update annually and the coin values are based on their buying and selling of coins over the past 12 months. Some catalogues are produced by independant companies who base much of their pricing on what coin dealers are doing and other sources of information. Some prices are taken from online coin dealers and other from online sales such as eBay and similar.

Related questions

How are prices determined by professional coin grading services?

PCGS does not assign prices or values. They certify the authenticity and condition of the coins. Dealers will set the prices and determine how much they will pay or charge for a coin that has been certified in their local currency. If you are referring to the online PCGS Price Guide, it is high-end retail price guide, reporting historical information about prices paid for PCGS-Certified coins in the different grades.


Where can one find prices of Canadian coins?

Canadian coin prices can vary greatly depending on condition, age and rarity of the specific coin. Coinsandcananda gives updated estimates on coin prices.


How are stocks prices determined?

Supply and demand set stock prices.


What is the value of a 1943 5 cent US coin with a P over a building?

Such a coin is called a War Nickel because they were only minted during WWII and contain 35% silver. Its value is determined by the silver prices and at the time of writing is worth around $1.53


How gold price determined in India?

gold prices are determined on the basis of stock market.


How much are longines symphonette sterling coins worth?

The worth of Longines Symphonette sterling coins will be determined by several factors. The value will be determined by the condition of the coin, the design on the coin and the supply and demand of the coin.


When selling gold coins is the price determined by the ounce plus the denomination of the coin?

Seems to be the metal coin content, of the coin.


How are the order of political conventions determined?

Coin toss


How is first possession of ball determined in NFL?

flip a coin


How are prices determined under a free - trade system?

Helllo


What is value of large 1 cent coin?

Please see the Related Link, "Coin Values and Prices."


How are prices determined on eBay?

Prices are set by the seller and then are open to auction, with users setting bids for how much they are willing to spend.