Sunday, April 10, 2011

Rare coin dealer tips






The most crucial step in coin identification is the determination of the country of origin. This is the most challenging task for coin dealers because coin dealers literally use country index, which in most cases rare coins bear no indications of the country of origin. The simplest and most common method of assessing a precious metal coin bullion value is to multiply actual weight by the present spot price. Homeland kinds of coins, used as legal tender in their place, generally do not have their location's name. Purchasing rare coins in the open market would mean patronizing the services of professional coin dealers or friends. The local smelting trade also offers coins for sale. Smelters acquire rare coins while buying metals and are known to sell them cheaply.