Factors that Influence the Value of Collectible Coins
If you are interested in collecting coins, it?s important to be able to have a rough idea of how much coins are worth. Knowing how coin values are determined will enable you to find good deals, and ensure that you don?t get cheated into paying too much money for a coin with a low worth.
Supply Influences Coin Values
One major factor in determining coin values is the law of supply and demand. If there are many coins of a particular type available, that coin will not be worth much. On the other hand, if only a very few coins of that type are produced, the coin values will rise. This is why a completely normal-looking copper penny minted in 1943 is worth about $200,000, whereas a 2,000 year old Roman coin View the rest of this article
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment