According to Greg Glemser, a graduate gemologist and one of the three co-owners of Doylestown Gold Exchange & Jewelers, the customers who come into his shop with coin collections in tow almost always arrive with some variation of the same question: “What exactly do I have here?”
How Do You Know What Your Coin Collections Are Really Worth?
That’s a perfectly logical question to ask, and if you’ve ever been on the receiving end of an old and potentially valuable coin collection yourself, you’ll probably understand why.
Part of the answer, of course, is that most of us simply don’t know a whole lot about the value of coins. (Seriously: How many hardcore coin collectors do you know?)
The rest of the answer has to do with the way in which coin collections tend to appear in people’s lives.
Continue reading Why We Buy Coins and Appraise Coin Collections
Numismatics — the collection of currency, including coins, tokens or paper money — has grown dramatically in popularity due the increasing price of gold and silver. Coin collecting has become a popular and profitable hobby that has fascinated people around the world. In fact, coin collecting has existed since ancient times. In 1514, French scholar Guillaume Budé collected coins during the Early Renaissance from European royalty and nobility. He created the first ever book of coins.
Continue reading We Buy and Sell Old Coins