Collectable Coins: How Do You Know How Valuable They Are?
Collectable coins are a great pastime that can be enjoyed by all ages – from young children intrigued by the intricacies etched onto a coin to those who are collecting rare coins UK wide as an investment. However, regardless of the reason, we all have one motive driving our search for new items: we all want something that is valuable, different and unique in our collection. If that wasn’t the case, then why wouldn’t we just collect your standard coinage that is in wide circulation? But determining what is or isn’t valuable is difficult. Without years of research, how do you go about this?
How Are UK Collectable Coins Graded?
When putting together a selection of UK collectable coins, you’ll want to make sure that the specimens you own are as diverse and as valuable as possible. But how can you determine if your collection is worthwhile? Well, that can be done through numismatic grading. This process establishes how valuable a coin is on the basis of its condition. However, it should be noted that this isn’t the only determining factor. For example, you could have collectable gold coins from centuries ago in your collection that are heavily worn versus a couple of completely untouched £1 coins from a decade ago. The likelihood is that the older coins may still be worth more than the newer coins – despite the difference in wear. But, largely, this is a good guide to comparing the value of different individual coins of the same type. Grading usually begins at ‘fine’, which are coins that have shown a large degree of wear and most details will not be visible or have been worn away. Then there is ‘very fine’ which shows slightly less wear than a ‘fine’ coin and most of its details will still be visible. And finally there is ‘extremely fine’ which shows only light wear on the coin’s features and a good amount of the original details should still be visible. Then there is the ‘fleur de coin’ – these coins are flawless and have no contact wear and tear.
What Are The Best Collectable British Coins?
Ideally, the best collectable British coins to own are those which are the most valuable and will fetch the biggest price in auction. In this kind of range, we have the 1706 Queen Anne five guineas (issued to mark the treaty of the Union of Great Britain), the George II 1819 sovereign (of which only 10 examples are thought to exist now) or the 1937 Edward VIII sovereign (never circulated due to his abdication in 1936). While any collector would be happy to have these coins grace their collection, they’d probably struggle to make that a reality. That’s because these coins range in value between £50,000 and £500,000, reflecting their status as the rarest of collectable English coins. The likelihood is that if you are searching online for coins then you’re probably not going to be frequenting the absolute top end auction markets. So if you are looking to put together a selection of collectable coins on a far more realistic budget, you’ll be heartened to hear that there are plenty of attractive options. You can still buy rare coins at a far lower price. For example, the 1887 Queen Victoria Jubilee gold £2 coin is available for just over £1,000; where the £5 is just over £2,500. But where can you find such affordable, yet valuable coins? Well, you can come to Exclusive Coins, a company dedicated to providing their loyal customer base with great value coins at good prices with fantastic service.
For Your Collectable Coins, Come To Exclusive Coins
So for those looking to put together a potpourri of collectable coins, you can do no wrong by visiting Exclusive Coins. We have a wide selection of gold coins, sovereigns, slabbed coins, crowns, silver proof coins and much more. The range covers all budgets – meaning that anyone can start putting together their rare coins UK collection together today. To view our full collection, which is being consistently updated, please visit http://www.exclusivecoins.co.uk/. If you’d like more information, please get in contact with our personable service team via email@example.com or by phone on 0800 978 8542.