At Muzeum, we are always interested in purchasing a wide variety of coins. The most common we see are Canadian and American gold and silver coins, but because of our extensive database of collectors, we are always interested in coins minted worldwide! We are constantly looking to help our collectors add numismatic coins, commemorative coins, bullion coins, and much more to add to their portfolio. We also buy full collections of coins whether they were gifted or inherited.
A FREE in-person evaluation offers a simple and safe process to make sure that you get paid the highest value for your rare coins.
These coins have a value above its precious metal content or face value. Whether its due to a limited mintage, an error during the minting process, a specific variation or otherwise - there is always a collectors market for numismatic coins.
These are coins that were issued to commemorate a particular event or issue. These coins are generally minted in very large quantities, and even though they are not considered to be numismatic coins, there are still many versions with precious metal content within them, such as silver.
The original versions of proof coins were created as samples to check dies and archival purposes. Currently, proof coins refer to any coin that was minted with the specific intention of being sold to coin collectors and numismatists. Nearly all countries have issued proof coinage.
This type of coin generally follows one of these 3 classifications:
At Muzeum, we have numismatists and coin experts direct on location with over 40 years of industry experience. Take advantage of our experts and come in for a FREE in-person evaluation.
It’s an unfortunate truth that the more rare and collectible a coin is, the higher the chance of counterfeits and fakes being put into the market to trick unsuspecting collectors. The easiest way to determine a fake is by the weight, size and metal contents, what the coin is made with.
When coins are minted (For Example: Royal Canadian Mint or the U.S. Mint) – the weight, size and metal used are exact, precise and consistent. Counterfeits will generally have one, two, or all three of these factors incorrect.
A magnet test is a great way to determine if a precious metal coin is fake. Gold and silver are actually non-magnetic metals – so if a coin which is supposed to be made of a precious metal reacts to the magnet, you'll know right away that it’s actually a fake.
However, counterfeits have evolved to become very impressive. Certain fakes will actually be made of the correct precious metal, for example, silver. That is when weight and size of the coin comes into play. If the metal is correct, the weight will likely be off. If the metal and weight is correct, the size will likely be off.
Counterfeiters do not have the sophisticated and precise mintage qualities that coins coming from government issued mints have. These coins need to have all 3 details to be authentic. Just remember:
If even one of these details is off, or wrong, its a fake!
These are all skills that our experts and on site numismatists have acquired and gained knowledge through over 40 years of industry experience. Leave the testing and verification process to us! Come in for your FREE in-person evaluation today.
There are books that show pricing for specific numismatic coins. Differences in the grading may impact the value of the coin by hundreds or even thousands of dollars.
Third-party grading companies provide these services for a fee but are independent from the buyer and seller within a transaction. An important factor to always remember is that these grading companies operate through the discretion of their professional graders and the opinion of those graders.
|Poor||PO-1||The coin is barely recognizable. The date is missing and the design has no raised edges.|
|Fair||FR-2||Design outline and date may be visible enough to make out the type of coin, but the lettering and rim is worn and may be completely gone.|
|Almost Good||AG-3||You should be able to make out more of the letter and the design. Rims of the coin will still be generally worn.|
|Good||G-4 & G-6||You can make out the general design of the coin, but the details will be weak. The rim of the coin will be more prominent.|
|Very Good||VG-8 & VG-10||Medium to heavy wear, but more details will be visible. Example - 3 or more letters of the word Liberty will be visible on the Liberty coin.|
|Fine||F-12 & F-15||Medium wear. More details will be visible. Example - All 7 letters of the word Liberty will be visible on the Liberty coin.|
|Very Fine||VF-20, 25, 30, 35||Medium to light wear. Details will be more visible. Example - All 7 letters of the word Liberty will be visible and strong on the Liberty coin.|
|Extremely Fine||XF-40 & XF-45||Light wear will be found on high parts of the coin. Could also show signs of the Mint luster.|
|Almost Uncirculated||AU-50, 53, 55, 58||Extremely light wear or light traces of friction only at the highest points. Can be mistaken as an Uncirculated coin. A AU – 58 coin could be considered a MS – 63 with a slight trace of wear.|
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