In these days of inflation and rising prices we try to scrape from anywhere to be able to lift our economy. It is possible that our life saver for these moments is in our pockets or purses. This is why the interest in the value of a coin, beyond the sentimental, but rather economic, has increased since it began to reveal what we can get for it to be attractive to the world of collecting.
In this context, in the case of pesetas, the Bank of Spain estimates that there are still , so it is possible that you can still keep some in your home and, if you are lucky, take home a good sum of money for its current collecting value. .
The fortune that can hide a coin
For example, and without resorting to the most valuable pesetas, the 5 peseta coins can be found on auction websites such as Foronum, Ibercoin, Todo Collection or Ebay. However, it is important to know the value of the same, previously, to carry out the action of selling them.
How to know the price of my coin?
In this line, the portal reveals that what its followers ask the most is “how to know the value of the coins? To do this, and leaving the technicalities aside, the collecting portal explains that it is possible to know the price of these possible “jewels ” in a “simple and direct” way.
“Although we all know about exorbitantly priced pieces, they are actually extremely hard to find. However, the good news is that within the category of ancient coins, there are many specimens that can bring you great profits,” They point to the portal.
In this way, without resorting to any expert, you can find out if you have old coins of great value for collectors at home. To do this, the portal makes available 5 most effective methods to find out how much a coin is worth, ordered from most to least recommended.
collector portals
Value your coins in the Coin Collectors portal. In the portal they do the work for you and give you the real and updated prices of numismatic auctions. To do this, simply enter your type of currency in the search engine and enter the corresponding article.
auction indexers
Another method to know its price is the specialized auction indexers. They are a great source of information due to their rigor and continuous updating.
Value in Ebay Price History
This method is not very “reliable”, according to the Coin Collectors portal. Since it usually happens that professionals from the sector do not participate, and on many occasions there are prices well above the real value or directly scams. However, we are interested in the actual purchase price of this platform, so we will look at the price history.
Use Apps to calculate the value of coins
Possibly this method is the least effective, since on many occasions the indicative prices are not correct. These apps use the image search method. The main ones are Coinoscope and Maktun.
Ancient Coin Catalogs
Sometimes catalogs are not good references. You will understand perfectly if you take into account these 3 reasons:
They are incomplete: not only are many rare coins missing, even very common coins are sometimes missing from auctions.
The value of ancient coins moves: While the price of coins changes over time, the price of catalogs does not.
In some cases, publishers manipulate prices depending on what they are interested in selling: it is common to put cheap prices on expensive coins and expensive prices on cheap coins. The difference between the value of the catalog and the one reached at auction can be up to 500%.
Facebook Comments
Disqus