Heading to antique coin stores is a great way to make money by selling your coins, having your coins appraised, or picking up a few new ones. However, it's essential to know what these stores look for. This can tell you that you're buying coins from a reputable business and ensure you can sell your coins. Keep reading to learn about what these stores are really looking for.

Rare Coins

Stores are always on the lookout for rare coins. It's no surprise that when only a few coins are produced, they're worth more. The less common a coin is, the more you can expect to get from it. Coin stores will take the time to carefully look up coins and use rarity to help them determine their value.

Authenticity

Rare and valuable coins are worth so much that coin dealers occasionally come across fake coins. Antique coin stores will check coins for special details that help determine whether a coin is authentic. The staff may also ask questions about how you came across the coin to decide whether it's real.

Market Value

Most coins have a set amount they're worth. According to Investopedia, the Euro is worth around $1.07 U.S. dollars. Consequently, it'll usually sell for that price or a little more. When evaluating coins, stores will look up the market value.

Good Condition

As expected, coin stores love coins that are in good condition. When a coin is in excellent condition, it's easier to tell how much it's worth and see critical details, like what year it was made. Clean coins generally sell faster and for a higher price than dirty ones. This also works out well for you because you can get a higher price if you take the time to clean up your coins before selling them.

Popularity

How popular a coin is can greatly increase its market value. If many collectors are going after particular coins, a coin store can make more money. That's why they're always ready to buy the most popular coins. Some coins consistently remain in high demand. Others tend to come and go as trends. Good coin dealers stay current on the latest trends to know which coins to buy.

Heading to antique coin stores is a great way to make extra money or find new coins to add to your collection. We'll happily answer any questions you have about our process. Contact Hill Top Coins today for more information.