If you think you have a coin that is worth $1 or more, chances are you could be wrong.
Here are a few things you can do to make sure you are getting the right coin.
Know Your Coin TypeIf you have any questions about coin values or how to use the coin calculator, please call us at 1-800-222-2222.
If you want to see how your coin is currently valued, you can check the Coin Calculator and get a free coin value report.2.
Know the Types of CoinsThe coin calculator will give you the coin type, the mint date, the denomination and the value.
It also tells you how much you would be paying for that coin.
For example, if you want a $1 coin with a mint date of April 15, 1916, you might want to know that the value of the coin would be $2.50.
For a coin with an earlier date of March 29, 1947, it would be worth $2,500.3.
Know When to Buy and SellFor most coins, the value is based on the year that it was minted.
If the value changes during the course of a year, it may change the year you are buying or selling it.
For coins that have a date on the back, the values are based on when they were issued.
For instance, a $10 coin with dates of March 14, 2018 and February 15, 2020, would be valued at $10,000.4.
Get the Price from the CoinLab Coin Value CalculatorFor most of the coins on the coin market, the prices are based off the market value at the time the coin was mint.
However, the market values of the current year’s coins are usually based off of the date that the coin is minted and the current value of silver at the mint.
For coin values, these are usually the dates when the mint dates change.
For silver values, the dates of the mints are also typically used.
CoinLab also offers a CoinLab Value Calculator, which allows you to compare the value between coins that are similar.
For example, an $80 coin that has a date of June 30, 2019 would be more valuable than the $40 coin with the same date of manufacture.
You can also use CoinLab’s CoinLab Mint Value Calculator to compare different coins.
If you want more information on how to determine the value, or if you have questions about your coin, call us.