We have created a quick reference guide to help distinguish rare coins from regular spending money worth face value. We believe the best way to sell your coins is to arm yourself with knowledge. This helpful guide is designed to help you prepare your coins for appraisal, collecting, or to sell. Once you go through these steps, you are ready to schedule your appointment!
MAKING SENSE OF APPRAISING YOUR CENTS
If you are bringing in coins for an appraisal or to sell, here are a few helpful tips to expedite the process. Always be sure to use a qualified dealer who is a valid member of professional numismatic organizations. This assures that you get the best value for your coins or collection.
First, If possible, separate your coinage by placing like coins with like coins. This allows us to evaluate the coins quicker as well as helps us find key dates and coins that may be more valuable than others.
Secondly, NEVER clean your coins before bringing them in for appraisal; this could take away from the value of the coin. In the coin industry, it’s best to let a coin stay in its natural state; a simple cleaning can wreak terrible damage to a coin and permanently alter its natural appearance.
Finally, DO NOT remove coins from an album that were assembled by a collector. Coins that were placed in an album may have a greater chance of being worth more, so keep them intact until a professional dealer can review them.
Once your coins are separated, call us at 713-464-6868 to set up an appointment with our specialists!
What coins are actually made of silver?
In the United States, coins that contain silver and used in widespread circulation are dimes, quarters, half-dollars, and dollars minted before 1965. These pre-1965 coins contain 90% silver. If you look at the edge, they will look silver all the way through.
90% SILVER COINS
Coins from 1964 and older in values of 10¢, 25¢ and 50¢ contain 90% silver content. Everything minted after 1964 in 10¢ and 25¢ is worth face value.
40% SILVER COINS
Half dollar coins from 1965 through 1970 contain 40% silver. This is ONLY in 50¢, everything other coins after 1970 in 50¢ is worth its face value.
Kennedy Half-Dollars minted 1965–1970, and 1976, as well as Eisenhower Silver Dollars minted in the years 1971-1974, and 1976.
Why do my silver coins have brown or copper on the edge?
The Coinage Act of 1965 removed silver from new circulating coins. If you look at the edge of a quarter released after 1964, you can see a copper stripe in the middle. Modern dimes, quarters, and half-dollars are made of copper and nickel. So, a good way to figure out if a coin is worth face value would be to look at the edge of the coin. If the coin’s edge has brown or copper showing, it is worth face value.
Identifying specific coins
Click on the coin to enlarge for details
LIBERTY “V” NICKEL
Easily recognized by the large “V” on its reverse side, this nickel was minted from 1883 through 1912.
Most valuable dates include:
EISENHOWER (IKE) DOLLARS
40% Silver Ike’s typically come in sets. These coins are most commonly found in brown presentation boxes or blue envelopes, as pictured below.