Coin Collection Appraisal & The Value Of Complete Sets
In the world of coin collecting, coins are often split up into different categories. Some rare single coins stand out on their own and some coins hold value when released on their own. If you own coin sets, then the set itself could add value to your collection.
Read through this quick guide to learn about complete sets and how they can impact a coin collection appraisal.
Collector's Edition Sets
Many companies have released collector's edition coin sets through the years. The collector edition sets are not intended for distribution as legal tender and are created exclusively for collecting purposes. The sets may showcase advanced features like colored coins or display cases.
The value of a collector's edition set depends on several factors. The factors may include the age of the set, the size of the set, and how in-demand the products currently are. The size of the set refers to how many coins come in the set and how many sets were produced. For example, you could have a set with one of one thousand only produced.
For example, some sets feature timeless designs like a set of minted collectible Disney coins. When your set caters to a specific niche of collectors, an appraiser may see an increase in value.
United States Mint Collections
The US mint has produced many collector's sets and special edition coins through the years. One of the most notable is the fifty-state quarter collection. If you have all fifty states in a collection, then the value of each individual quarter will likely rise when the set is viewed as a whole.
Anytime you have official US mint coins, you do have the initial value of the coin added to the total. The coins are not as big of a gamble as other collectibles, which can lose value over time due to a lack of interest. Money is money and you will have a minimum value.
Missing Pieces
When you bring in a collection, missing pieces could have a big impact on your ability to get a high appraisal. Like a missing piece in a puzzle, a missing coin could completely take away from a collection. If you only have 48 of the 50 state quarters, then the collection doesn't mean as much.
The missing coin itself matters too. If you miss a common coin but have all of the rare coins in the collection, then you could still receive a high appraisal.
Gather your collection together, especially the top-quality coins, and then reach out to an appraisal company to find out more. For more information, contact a company like Treasure Island Stamps and Coins.