The value of old coins can bring on a selection of values, unlike rare coins that tend to bring extremely high values. The age of a coin doesn’t mean it will be worth a lot of money. Take for instance an ancient bronze Roman or Greek coins dating back as far as 200 B.C. you can buy one of these for as little as 2 dollars today. Why ?, because hoards of these have been discovered over the years. Old coin values will depend on a number of factors.

One of the biggest misconception of people today is they think just because a coin is old it must be valuable. Well I am afraid to tell you that isn’t the case in most circumstances. Let’s look at the US minted 1909 Lincoln wheat penny even though the coin is over one hundred years old it may only be worth just a few pennies more than the face value. Now should that same penny bear the initials S.V.D. on the reverse you could be holding a coin worth thousands. This is a case where old versus rare, because only a few of these penny remain with the initials S.V.D they have become rare coins with high value.

However, there is a great advantage to this because anyone can own a piece of history for very little money. If you had an ancient coin in your hand think about how people over the thousands of years could have had that very same coin in their possession, perhaps Caesar or even someone like Alexander the great ! This is the magic of coin collecting that coin collectors understand and appreciate well.

It can be very difficult to place a value on an old coin, unless the coin is well known, but some things to consider when trying to place a value on an old coin is where it was minted, what kind of metal is it made from, how many where made and the year it was made. All these things can be used as a gauge to determine the value of the coin.

The value of old canadian coins will differ greatly from old american coins value, as will the value of old foregin coins of course.