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The coin market is very active and in some coin series values can change substantially in a relatively short period of time. However, like anything else your coins are worth whatever someone is willing to pay for them. People will pay a lot of money for the right coin!
A coin must be physically examined to determine its authenticity, grade, and the presence or absence of problems before a value can be established.
Several factors are taken into consideration by a potential buyer:
 Identification: Origin of coin, Face Value, Date, and Mintmark.
Authenticity: An expert opinion may be needed to determine whether
or not a coin is authentic or is a counterfeit.
Grade: The grade summarizes the overall condition of a coin.
Condition: Collectors prefer coins which have not been tampered
with by cleaning or polishing and are free of damage.
Question: What is the Sheldon Scale of Coin Grading?
Answer:
The Sheldon Scale is a 70-point scale for grading coins, developed by Dr. William Sheldon in 1949. A slightly modified form of the Sheldon Scale has become the de facto standard for grading U.S. coins today. It is used by the major third party grading services when assigning a grade to a coin. The adjectival grading system was the predecessor to today's 70-point grading scale and the adjectival terms are still used to help clarify the numeric equivalent.
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What Are My Coins Worth
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