Getting A Coin Appraisal

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Coin Dealers and other Coin Collecting topics.

What can I expect to pay at a coin appraisal?

Getting A Coin Appraisal

If you have a coin in your possession which you think may be valuable, a coin appraisal can help you make the determination on its worth. You can make payment to a coin dealer for an appraisal either on an hourly basis or by a percentage of the appraisal price. You might pay $20 an hour and up or anywhere from 2%-5% of the appraisal price. In order to safeguard yourself, do your own research as well and let the coin dealer know you are aware of the current reasonable retail figures. Sometimes a coin appraisal made for insurance purposes will have an inflated value in order to cover replacement costs of the item.

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Coin Collecting Tip Site? Request a Tip Now!


Guru Spotlight
Jolyn Wells-Moran