Old Coin Prices: How to Get the Most Recent Pricing Information for Your Collection

There are any number of trade publications available for coin collectors, most of which provide old coin prices for various types of currency. However, which publication you use will vary depending upon the underlying reason for your pricing needs.

The two standard guides for U.S. coinage that are used by most collectors evaluating old coin prices are the “Handbook of United States Coins” (the Blue Book) and “A Guide Book of United States Coins” (the Red Book). Keep in mind that even with the “official” guides, the prices you see may not be what you can expect to get if you decide to sell all or part of your collection.

The reason for the difference in old coin prices is two-fold. The prices you can expect to pay are typically retail values, while the price you receive when you sell is generally wholesale pricing. Additionally, pricing for all types of currency will fluctuate as the market changes and values are reassessed.

For the most up-to-date information, you should consider getting a copy of the official Coin Dealer Newsletter (CDN). Published weekly, this guide offers the most up-to-date information for rare coins’ costs.

When it comes to getting the best information, be prepared to shop around. Get offers from more than one dealer, if you are selling typical circulated numismatics. If you are selling bullion coinage, understand that the pricing will change daily, as the value of these coins is directly tied to the value of the precious metal that comprises the coin. If the price of gold falls during the week, you should expect the value of your gold bullion coins to do the same.

Regardless of the publication you use to get your old coin prices, understand that not all dealers will be willing to offer you published prices, especially if you are looking at the retail value for your coins. Instead, use publications with retail values for appraising your currency for insurance purposes, as you can expect to have to pay these prices if you need to replace any part of your collection.