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<p>[QUOTE="littlehugger, post: 3420718, member: 58633"]Buy a Blue Book, or Red Book. It does not even have to be the most current one. But no more than 3-5 years old, max.</p><p>Coin values vary a lot, but you can still get a great idea of relative value. You will be able to identify what has highest value both individually, and what type is likely to have value. For instance, a tube full of half cents is going to be worth more than a roll of wheat cents.</p><p>Value centers around rarity, inherent value, and condition.</p><p>Rarity to most collectors means key dates. 1909-s VDB Lincoln cent. 1916D Mercury dime. Checking these dates in your book, it will be immediately apparent to you regarding value. With key dates, they have value even in worn condition.</p><p>Inherent value means the metal its made of has value. Gold, silver, etc.</p><p> Condition is a wild card, and can be subjective. A coin such as a common date Type coin, in high grade, can be worth thousands where a low grade example of the same date goes for $20.</p><p> In your case, given this is likely an older collection, you may have any number of high grade coins in albums or tubes, because having them graded and encased by a third party is a relatively new thing.</p><p> I would suggest you get that Red Book, pour yourself some coffee, and spend an afternoon educating yourself so as to have at least a general idea of what you are dealing with.</p><p> Knowledge is so rmpowering.</p><p> I would also suggest you sell here on this site. There are soooooo many pitfalls dealing with others, and there are many eager collectors here.</p><p>Good luck on this, and God bless.[/QUOTE]</p><p><br /></p>
[QUOTE="littlehugger, post: 3420718, member: 58633"]Buy a Blue Book, or Red Book. It does not even have to be the most current one. But no more than 3-5 years old, max. Coin values vary a lot, but you can still get a great idea of relative value. You will be able to identify what has highest value both individually, and what type is likely to have value. For instance, a tube full of half cents is going to be worth more than a roll of wheat cents. Value centers around rarity, inherent value, and condition. Rarity to most collectors means key dates. 1909-s VDB Lincoln cent. 1916D Mercury dime. Checking these dates in your book, it will be immediately apparent to you regarding value. With key dates, they have value even in worn condition. Inherent value means the metal its made of has value. Gold, silver, etc. Condition is a wild card, and can be subjective. A coin such as a common date Type coin, in high grade, can be worth thousands where a low grade example of the same date goes for $20. In your case, given this is likely an older collection, you may have any number of high grade coins in albums or tubes, because having them graded and encased by a third party is a relatively new thing. I would suggest you get that Red Book, pour yourself some coffee, and spend an afternoon educating yourself so as to have at least a general idea of what you are dealing with. Knowledge is so rmpowering. I would also suggest you sell here on this site. There are soooooo many pitfalls dealing with others, and there are many eager collectors here. Good luck on this, and God bless.[/QUOTE]
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