Long Island Coin Appraisal Services
Do you know what your coins are worth? If not, you should allow the experts here at RMG coins to appraise your collection.
A coins value depends on the following:
- Condition or Grading – the amount of wear in details; the amount of damage.
- Mint Marks – usually a letter denoting where the coin was minted; Values of coins with the same dates may have different mint marks and be worth substantially different amounts. (The omission of a mint mark denotes the Philadelphia Mint)
- Rarity – the number of coins minted and the amount of surviving pieces
- Supply and Demand – the desiribility of the item; The amount of people looking for a particular item in relation to the market supply.
A person who is not very experienced in coin grading generally believes a coin is of a higher condition because the coins details can be seen cleary. This is not always the case, as there are many other factors which contribute to a coins condition and value. A coin must be seen by a professional to accurately evaluate it’s condition and value.