The coin collection industry is rapidly growing, with more people interested in learning the art of coin collecting. You’ll occasionally get lucky with finding rare UK coins, ranging from rare mints to pure gold coins and sometimes even ancient ones with a rich history. These fascinating coins hold one burning question. How much are they worth?
Generally coins are worth their face value or close to their face value. This makes sense given that millions of coins have been produced over the years. Still, you might end up with a rare, authentic coin by chance or as part of an inheritance. Fortunately, there are many trustworthy coin evaluators, ranging from coin identification mobile apps to coin companies, to help you determine the actual value of your coin collection.
Whether you want to sell your collection or find out if a coin you want to buy is reasonably priced, these nine tips and tools for finding UK coin valuations are a great place to start.
Tips for Finding UK Coin Valuations
Whether you’re a beginner or a seasoned coin collector, there are plenty of resources available for finding a coin’s value. Most coin evaluators use details like the coin’s state of preservation, its rarity and authenticity to determine its value. Some of these you can find out through research to validate their findings. Here are a few quick steps you can take to find out more about a coin’s value.
Check the Coin’s Origin
First, you could find out the value of a coin by its origin, which is usually displayed on the coin itself. Feel free to use a magnifying glass to assess details like the country, date of issue or mint mark on the front or back of the coin. This will help you determine the type of coin you have and whether it’s a rare-to-find coin.
Check the Coin’s Condition
It’s always key to determine the coin’s condition. If the coin is scratched or dirty, it may be worth much less than if it were of a higher quality. If the coin is dirty, consider taking it to an expert cleaner. Attempting to clean the coin yourself, or touching it with your fingers, may damage it further while degrading its value.
Research the Coin’s Value
Most coins are worth very little or only their face value. So, before hiring a coin evaluator, feel free to visit professional organization websites that provide online listings of coin values. The Professional Numismatics Guild is one such organization that provides price guides for looking up a coin’s current value. Remember that the value you’ll get is only a guideline; the actual selling price can vary depending on the coin’s condition and market demand. You can also look up hard copy reference guides like Standard Catalog of World Coins, which provides detailed centuries’ worth of information about different coins worldwide.
Tools for Finding UK Coin Valuations
Determining a coin’s worth can be quite difficult. Luckily, there are plenty of resources you can use to determine a coin’s specific value. While there are plenty of coin evaluators you can work with today, here are a few top options to consider.
Exclusive Coins Limited
Based in Benfleet, Exclusive Coins Limited is a UK coin online exchange platform for buying and selling British coins. Exclusive Coins prides itself in guiding its customers in selling their coins. The site offers a free online coin valuation service, where you enter the date of issue, alloy, denomination and variant to determine its estimated value. The final price may vary depending on the coin’s condition, which you’ll need to verify through emailing high-quality images.
NGC Coin
A reputable coin grading service you can use is the Numismatic Guaranty Company (NGC). The company is the world’s largest grading service, offering an assessment of a coin’s value and authenticity. Its grading service includes a grading scale of one to 70, where a 70 is a “mint” state of preservation with no post-production imperfection. You’ll also get a world coins price guide where you can search for the type of coin you have to get an overview of its estimated price. To receive this estimated price, you must enter the coin’s mint mark (if known), denomination and date of issue.
Coinoscope
Coinoscope is a search engine like Google, but for coins. The program is in the form of an easy-to-use mobile app that allows you to simply take a photo of a coin, and the app will show descriptions matching the coin. It’s a fast way for coin collectors to identify and evaluate their coins easily with a phone camera. The app is free to download and is available on Android and iPhone devices.
Seaby’s Standard Catalog
Seaby’s Standard Catalog is a hard copy reference guide used by coin collectors and dealers worldwide. It focuses on British coins and is an excellent resource for learning about the history and rarity of coins from England and the United Kingdom. The book has several annual editions, edited by Peter Seaby, though recent attempts to keep an up-to-date catalog of British coins have proved unsuccessful.
Where to Sell Old Coins
Now that we’ve seen ways to find out the specific value of a coin, you may want to sell your coins for profit. And while there are tons of places to sell your coins, here are a few trustworthy places to consider.
Royal Mint
The Royal Mint is a world-leading British coins and medals manufacturer that exports to roughly 60 countries annually. They also buy a variety of rare, authentic coins at competitive rates. It’s a safe and secure place to sell your coins directly to the manufacturer without doubts about working with third parties. The process is also relatively easy. By filling out an online authentication form, they’ll send you an estimated price. Once your coin passes the evaluation and verification tests, you can receive the equivalent funds within a few days.
CoinCraft
Whenever you’re ready to sell your coins, visit the CoinCraft shop, where they’ll assess the coin and make you an offer. Or, you could book an appointment and provide high-quality images of the coins you wish to sell. There are plenty more secondary companies looking to buy old coins, including Britannia Coin Company and English Coin Company. Other companies offer great deals on coins also, so keep an eye out for other organizations that buy and sell coins.
Britannia Coin Company
Britannia Coin Company is a UK-based company that specializes in buying and selling old coins. They are interested in coins from all over the world and offer competitive prices for any coin they buy.
If you have a collection of old coins that you would like to sell, Britannia Coin Company is a good option. They have a wide range of experience and knowledge in the coin market and may be able to appraise your coins accurately and offer you a fair price for them.
English Coin Company
English Coin Company is a great option to buy and sell a wide variety of coins, and they offer competitive prices on all of their products. It also offers several services, including coin appraisals, so you can be sure that you’re getting the best possible value for your coins.
Additionally, the company offers an extensive online catalog, so you can be sure to find the exact coin you’re looking for. What’s even better? If they don’t have what you want in stock, they will help you find that exact coin. Whether you’re a seasoned coin collector or just starting out, it’s always helpful to have resources at your disposal for finding UK coin valuations. Using the tools and tips we’ve outlined in this blog post, you should be able to find the information you need to make informed decisions when buying or selling coins.
