Coins Coin
Coin Collection – How to Price World Coins ?
Determining the value of world coins is a trifle more difficult than pricing U.S. coins, simply because not as much information is generally available about world coins. Coin & Currency Institute and Krause Publications both produce some wonderful world-coin catalogs that are great for general world coins, but they may be overkill if you’re simply trying to find prices for a few coins from a specific country. Specialized publications exist for most countries, but they’re hard to locate and often written in the language of the home country.
The following are some options for working with world coin pricing:
Bite the bullet. Make the investment and purchase all the Krause “Standard Catalog of World Coins” catalogs. These catalogs are broken up by century, so you need to purchase one for each of the 17th, 18th, 19th, and 20th centuries. They’re the size of telephone books and are fairly expensive, but if you have a sizable collection of world coins or if you’re seriously interested in collecting worldwide, buy these books before you buy a single coin. If you’re interested specifically in gold coins, Gold Coins of the World, by Arthur Friedberg (Coin & Currency Institute), is an absolute must.
Check with numismatic book dealers. You never know what world-coin books a numismatic book supplier may have in stock. If nothing else, you may be able to get a discount on the major titles like the Krause catalogs.
Ask around. Many U.S. dealers also have sidelines in world coins. In many cases, they’ll have some of the specialized books you’ll need. For example, Ron specializes in German coins, so he likes to have some of the more important books on German coins on hand for collectors who are developing interests in this area.
Go to the source. Get on the Internet and locate dealers in the country in which you have an interest. Ask them which publications are best suited for the coins you want to collect. Ask whether they can obtain the publications for you. You must have patience in this endeavor, however — you’ll run up against language barriers, currency exchange issues, and shipping challenges. However, if you want to know what your coins are really worth in their home countries, finding these books is well worth the effort.
About the Author
woodchuck is an up and coming expert on crafts and hobbies. Do you want top Safari Alternative Browsers? You can learn Wood Bowl Turning steps, or you can learn ePub Downloads by going to iPad blog.
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