The biggest thing to remember when investing in rare coins is that the better the condition of the coin, the higher its value in its market. Differences in grading can make a big difference in the values of two coins, especially if one of them has never been in circulation. For example, a 1926 S Quarter will generally retail for $3 if it is in good condition, but can be worth up to $1,000 if it is uncirculated.
The reason the condition is so important is that the best quality is in the greatest demand. The prices of high-quality coins will increase more rapidly than heavily circulated coins, so it is in your interest to invest in the highest quality coins that are within your budget. Uncirculated coins will only be graded highly if they have been kept in good condition (for example, those that have not been handled will have a more lustrous finish).
In some cases, the condition of the coin may be less important, usually because the coin is extremely rare. A 1909 S-VDB cent may bring up to $500 if it is uncirculated, but can still sell for over $200 in worn condition.
The biggest problem in assigning value to a coin lies with finding a reputable grader. Many merchants grade their coins improperly, leaving investors at a disadvantage when it comes time to buy, sell, or trade.
At Global Monetary Reserve, our on-staff certified coin grader can give you the true value of your Texas coin collection, allowing you to sell your assets at the highest possible price. Call us at (877) 795-9585 today or fill out the quick contact form on this page to get started.