How a coins value is determined: Frank's Collectible Coins

Frank's Collectible Coins
Home Page About The Author Frequently Asked Questions Precious Metals Prices Raw Coins Certified Coins Mint Sets Proof Sets Terms: Shipping Questions or Comments Other Websites	How value is determined There are three major factors that determine the value of a coin. A minimum value of the face value of the coin. A bullion value determined by the value of the precious metals it contains, as traded on the commodities exchange. It's numismatic value, determined by rarity, condition, beauty of design, popularity and the coin's historical significance. The first two are self explanatory, a quarter is worth a quarter no matter how beat up it is or how bad it looks. A silver quarter is also worth 0.18 ounce pure silver, what ever that may be at the time. Surprisingly, age is not necessarily important.

There are U.S. coins that were issued within the last 200 years that are worth thousands of dollars. By comparison, there are 2,000 year old ancient Roman coins worth less than ten dollars.

What really makes a coin valuable is it's numismatic value.
The numismatic value can go way over face or bullion, some collectors may spend millions on just one coin.

Why so much, well supply and demand. 1912 was officially the last year that the Liberty Head Nickel was to be minted but later in 1920 five surfaced with the 1913 date, in May of 1996 one sold for nearly 1.5 million dollars.

Very High grade _ Mint State._

Beautiful and Popular coin design._

Very Rare _ Only five known._

If you look at the mintage figures for U.S. Mint coins minted this year you will see hundreds of millions have been made. Even the lowest minted coin, the half dollar, still counts in at 50 million.

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