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Coin Appraisal |
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Coin Appraisal:
Remember, like all other items, a
coin appraisal provides nothing more than an opinion of
value. The accuracy of an appraisal is suspect at best,
because actual value is what somebody is willing to pay! Coin
Appraisal - Some Tips: The
internet can be a great place to start your quest in finding
someone to provide you with a coin appraisal. But, keep a few
things in mind and use these tips: -
As silly as it sounds, look for and verify that the place you
are considering doing business with has some credible business
background in coin appraisal. Look for a display of membership
organization such as the Better Business Bureau -
Ask yourself if you really need to spend money for a coin
appraisal. Be realistic, most people will only need a crude
approximation on the value of a coin. -
Coin appraisal books are available in your local library. They
are likely a bit out of date, but approximation purposed, they
will do just fine. - For formal
coin appraisal, look for a licensed
appraiser. In 1989 (following the multi-billion dollar savings and loan
scandal) Congress passed legislation mandating all states to set up licensing programs for appraisers.
Licensed appraisers must adhere to the Uniform Standards of Professional Appraisal Practice
(USPAP). This is a set of strict ethical and professional guidelines developed by a nonprofit organization called the Appraisal Foundation.
- Coin appraisal references: One of
the most highly publicized books on the subject is: Note: We are not experts on coin
appraisal and highly recommend you do your own research.
We have taking some time to gather a few good links for you
and listed them below.
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The 'double gold eagle', made in 1933 auction for over $7,000,000.
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