How Do You Know The Value Of An Old Gold Coin?
Do you have an old gold coin, but are totally clueless about it and what it’s worth? Here is a bit of trivia on gold coins: did you know that the 1933 Double Eagle US Gold Coin is considered as the most expensive coin ever sold? It was auctioned off in Sotheby’s for more than $1.7 million in July 2002. This was because very few coins survived after they were all collected and melted a year later. Whether you are a collector or a hobbyist, you can make the most out of your old gold coin. The first thing you have to do is find out its value. Who knows? It may be worth something, too. There is a criterion that appraisers use to determine the value of an old gold coin, or any other type of currency for that matter. The year it was minted is very important, especially if very coins of the same kind were actually circulated. This also determines its rarity. A lot of times, the condition is important, such as the absence of dings or scratches. For some collectors, damage to the coin is someth
