How to Create a Coin Collecting Values Catalog

A coin collecting values catalog can help you organize your collection and decide how much to pay for coins when buying from a dealer. This is especially important if you plan to pass on your collection to family members. Keeping detailed records of what you own can also save you hours down the road if you ever want to sell or trade.

Step 1: Identify Your Coin

Examine your coins to determine their denomination and series. Images, close-ups and descriptions are provided to match your coin to the appropriate series. Step 2: Judging Condition
A key factor in determining value is a coin’s condition. Scratches, staple marks, bag marks, corrosion and other signs of wear will reduce a coin’s overall value while mint state coins in uncirculated condition can be worth significantly more than the same coin in worn or circulated condition. A coin’s grade is determined by a careful examination and comparison to standards for the series.

Special Qualities

Each coin has its own set of unique qualities that either raise or lower its potential value. A coin’s age, rarity and significance in history are some of the most important factors. This is why it’s often best to consult an expert before buying a rare coin.

Market trends are another critical consideration when determining coin values. Prices for a given coin can fluctuate greatly over time. You’ll want to stay updated on the current values of your favorite coins by reading a respected coin price guide like The Red Book of United States Coins (R.S. Yeoman and Kenneth Bressett) or other online numismatic resources.