If you’ve got some Australian coins or notes, and are looking to find out what they’re worth, I suggest that you read this.

There are four variables that affect the value of a coin or note – Age is not included as very ancient coins can sometimes be quite inexpensive.

1. Supply – how many are available now? How many coins were minted? Many silver dollars were melted down for silver bullion making the numbers much less.
2. Demand – how many coin collectors want this issue? Many rare US coins and currency are in high demand because so many more collectors want them now.
3. Condition – what is the grade of a coin or currency?
4. Bullion or exchange value – what is the current price of silver or gold? The value of coins minted with higher precious metal content goes up faster than others of the same denomination.

Accurately valuing an Australian Coin Collection requires knowledge of Australia’s numismatic history and these subjects.

A collection of good quality Australian coins can certainly make a sound investment for the astute collector. It can be demonstrated that over the last 40 -50 years some coins have increased in value almost 200 fold, or better than a 13% annual increase. The coins can also make fantastic family heirlooms as well giving the opportunity to own a piece of Australian history. Their are also considerable tax advantages to investing in currency and in Australia coin investments are approved for superannuation funds.

Do you know if you have any of these Australian coins in your collection?

This is a list of just a few of the coins and notes you could have in your collection:

Once you know the “key dates”  of Australian coins and notes contained, you can start searching your collection straight away to see just how much it’s worth.

Now let’s say you don’t have a rarity  amongst your collection – what about the rest of them? A lot of people don’t realize that just because they don’t have the ultra rare coins, that doesn’t mean their collection is worthless. A whole lot of common coins can still be worth good money.

If you’ve got more than a jarful of coins or notes, you’ll do well to find their value.

Need Help to Identify All Of Australia’s Most Valuable Coins & Notes, Give You An Accurate Idea Of How Much Cash A Dealer Will Pay You For It And Give You Pointers On How And Where To Sell It. Visit  The Laymans Guide To Australian Coin Values.

Selling Coins Fast.

When selling your coins fast, you limit your options of buyers to coin wholesalers and dealers.

Coin Wholesaler – The coin wholesaler buys coins at rock bottom prices to sell for a profit. They advertise “we buy coins”, go to auctions, and local coin shows where they buy from unsophisticated coin owners who are in a hurry for money or don’t know the true value of their coins.

Retail Coin Dealers – Make a small profit selling to coin collectors. They buy from coin wholesalers and some of the same sources as “coin wholesalers”. Coin dealers may pay more for your coin than a wholesaler because there is one less middle man.

If you need to sell fast, use a coin dealer or wholesaler in your local area, but ask them if they belong to American Numismatic Association or the Professional Numismatists Guild. These organizations require them to subscribe to a code of ethics. You can find a local coin dealers or wholesalers in the phone book, news paper (look for we buy coins) or search Google.

Coin Collectors- coin collectors are the end owner of coins who hold them long term for appreciation or enjoyment. They pay a little more due to the fact that the coin sold to them has more perceived value. Coin dealers and whole sellers are looking for profit and will not see value in your coin collection as a whole; where as a coin collector will buy for self interest. Dealers give worst case scenario prices where as collectors give “that wheat penny completes my collection” prices.

After breaking down who will buy your coins, a quick bottom price sale will go to the coin wholesaler and a top dollar sale will go to a coin collector.

You must make an inventory of your coins and determine their top market value. This can be done with a copy of CND (Coin Dealer Newsletter) also called the Grey Sheet (printed on grey paper). Coin dealers use this as a reference when buying and selling coins. You will see coins listed as bid (buying Price) or ask (selling price), wholesalers and dealers use these prices when selling and buying coins from each other. All you want to do is take the higher number and add 10 to 30 percent (depending on Coin) for your selling price.

Now who do you want to sell your coins to? Right the collector. Where is the best place to sell to the coin collectors? The internet!  With web sites that let you display your coins and bring thousands of people to view them, anybody can sell to the coin collectors. Let’s go over the different avenues on where to sell you coins.

Consignment

Retail coin dealer who will put your coins on sale, or  consignment for a fee .This is not recommend unless the dealer proves that he will use all the other avenues to market you coin and save you the time trouble.  The fees should be in the 5-20% range depending on the value of the coin.

Auctions

Auctions come in many forms here is a quick rundown

Auction Houses – Consider this if your coin has a high rare value rare, but do your home work. Fees of 15% and buy back issues if the coin does not sell. In a good situation two bidders fight over your coin bring over market value.

Sight Unseen Auctions –  For graded slabbed coins. Cost include 15% commission, mailing expenses, minimum charges, etc. on lower priced coins.  A $25 coin won’t will only pay fees. Sell you coins here if they are ugly or slightly over graded coin, but slabbed. Teletrade is probably the best place.

Internet Auctions – Ebay is the king, the fees are small and the exposure is great and traditional coin auction houses such as Superior, Heritage, Cristies list on them. The only issue is time that perfect buyer (coin collector) may not come around during you bidding period.

Internet Classifieds – By far my favorite free and long term. You can list your coins and wait until the perfect buyer comes along. Sites like craigslist and backpage limit you to a local area where as numismint lets you display coins to the world until the coin connoisseur dreaming of your coin comes along.

It’s in such high demand that the U.S. mint has to stop production, because they cannot keep up with the demand. This silver piece began its run in popularity in 1986 when President Ronald Reagan, enacted congress to produce a 1 ounce silver dollar to meet the demand of the public.

Why is one coin so popular?

Governments outlawing the possession of gold and silver in 1933 to the public, created  huge demand by the time Reagan’s first silver dollar was Minted.  The American Eagle Bullion Program was authorized by Congress in 1985 to produce gold and silver bullion coins with their weight, content, and purity guaranteed by the United States Government. Since the coins introduction in 1986, over 70 million American Silver Eagles have been bought by wise collectors and investors. Silver Eagles have become the most popular bullion coin in the world because of its beauty, its quality and the assurance of content by the U.S. Government.

Why horde gold and silver coins?

1. Currency value – meaning a dollar coin is worth a dollar.
2. Bullion or intrinsic-value is determined by the gold, or precious metal of coins content.
3. Content purity – coins purity is backed by the coins minting government.
4. Numismatic  – is the certified conditional rarity of a collectible coin.
5. 90% of all the silver that’s been mined in the past 5,000 years has been used up by industry and is gone forever.
6. World silver inventories are at the lowest point in 200 years.
7. Silver is the best conductor of electricity. It’s an absolute necessity in high tech.

Why numismatic?

Numismatic is Greek.  Numis means money, and matic means collecting. Numismatic coins are collectable coins that have long term value, and are passed down from generation to generation, gaining more value and desirability every year. Numismatics

What makes a numismatic coin?

Coins gain their numismatic value through certification. PCGS, NGC, and ANACS are all highly reputable coin grading companies who are recognized world-wide. They certify coins on a MS (mint state) scale from 1 – 70. With MS 1 being barely recognized as a coin, and MS 70 being a perfect exclusive collectable coin. Our coin collecting club only accumulates and distributes MS70 coins. To accomplish this we have to buy coins in large quantities from the mints, send them to one of the three grading companies to receive a MS rating, and only a small percentage come back MS70. Less than 10 percent .

The Buying power of the club

By pulling are our money together we are able to purchase coins in MS70 Condition,  without the hassle mention above. please visit http://numisnetwork.com/w to learn more about a coin club

Silver Eagle Design

The obverse of the Silver Eagle is a copy of Adolph A. Weinman’s design for the Liberty Walking half dollar produced from 1916 through 1947. Dominating the center field inside a flat rim, a full-length Liberty wears a long windswept dress, accented with alternating bands of vertical stripes and blank panels, right arm extended with open hand, and left arm cradling a “bouquet” of laurel and oak branches. A wind-rippled American flag is behind Liberty, its end wrapped around her left arm. Liberty walks to the left across a plain, with a rim of mountains at the bottom accented by the sun with a burst of rays. A well-spaced LIBERTY follows along a little more than the top half of the coin inside the rim, with the letters BER partially obscured by the image of Liberty and the flag. IN GOD WE TRUST, two words on each of two lines, is located at the lower right, nearly touching the fabric of Liberty’s gown.

The reverse displays a heraldic eagle with upswept wings and a Union shield across the breast, holding in its beak a flowing banner displaying E PLURIBUS to the left and UNUM to the right. The right claw holds an olive branch, the left a cluster of arrows. Above the eagle are 13 five-point stars, arranged in four rows with five stars at the top, then four, three, and finally one star on the bottom. Near the eagle on the right, below the left claw, are the initials JM for John Mercanti, the reverse designer. UNITED STATES OF AMERICA encircles the top half of the coin inside a flat rim, and 1 OZ. FINE SILVER ~ ONE DOLLAR completes the text circle at the bottom, the two phrases separated by centered dots. Silver Eagles have been minted at San Francisco, Philadelphia, and West Point; S, P, and W mintmarks (mostly on proofs, though also used on the 2006 20th Anniversary bullion sets) are located to the lower left of the eagle’s right claw.
The design is based on the famous “Walking Liberty” of Adolph Weinman’s 1916 U.S. half-dollar, considered by many to be one of the most beautiful coins ever minted. Every Silver Eagle is a work of art, minted to exacting standards by the United States Mint. These classic coins are among the most affordable ways to own government minted bullion coins.

Purchasing Silver Eagle Coins

American Silver Eagle bullion coins are not sold directly to the public. Instead, the United States Mint sells the coins through a network of authorized bullion purchasers. These dealers are required to create a two way market with the public, both buying and selling Silver Eagle coins.

Silver Eagles can be purchased through several options. Bulk purchases can be made by buying so-called “Monster Boxes.” These green boxes contain 25 tubes of 20-coin Silver Eagle rolls. As a bulk method, this usually yields the lowest premium per coin. More commonly coins are purchased by individual 20-coin rolls. The rolls have a distinctive green top depicting the seal of the United States Treasury. Silver Eagles can also be purchased individually. The premiums for purchasing coins individually are generally the highest.

But the coin is not a collectors item until it is graded with MS70 as the highest rating. Click here for individually graded MS 70 SILVER EAGLES or join the club to receive MS 70 coins at a discount at Numis Network.

Special Dates

2006 W Reverse Proof Silver Eagle which was only available in the 2006 20th anniversary Silver Eagle Set. The total number of these sets released in the market was 250,000.

1995 W Proof Silver Eagle. This coin was only available in the 1995 Gold Eagle Proof Sets. The US Mint had only printed a total of 30,125 of these coins.

2008 W Silver Eagle that has the Reverse of 2007. This is a very unique variety that was released in 2008 but the reverse of the coin was struck with the die type of the previous year. These coins can be distinguished by their bowl shaped U on the reverse side.

First Strike and Early Release coins have modest premiums above regular issues.

This article is written to give you a head start in the coin
business. The biggest hurdles in any house enterprise are funding, time,
inventory, product availability, marketing and much more.

Why a coin business?
Coins are the hobby of kings.  Everybody loves money
and can’t get enough of it.
Really 76% of Americans collect coins. Do you know
anything that 76%
of Americans agree on? 125 million Americans are
enrolled in the state quarter
program that is one third of the nation in one coin
program.
You could not locate a business with a bigger market.
You will
never want a customer testimonial to sell coins.

Systems ,systems, systems
Business systems are the answer to how you can begin a
home coin business in your spare time. When you have
systems in place to process orders, manage inventory, customer service,
product management, education, and much more.
Starting with all these systems in position no matter the
business is a
giant benefit.

Your fully automated coin business.
After spending three minutes to become a member you
will immediately receive your own website. Your web site
is your store front to retail coins. From your web site you can enter you
back office to handle your business online. The back
office provides the ability to market your coin business,
trace customers leads, education, booking keeping, and much
more. The web site provides you a place to display coins without having
to inventory them.

The product
The majority of the coins will be modern issue MS70
coins. By selling only the premier rated coins you will have what every collector
wants.  A large selection of perfect coins, only a tiny percentage of
coins, less than 10%, are rated MS70. Because you are buying coins
with a hugeparty you have access to coins without a large premium

The most important question’s
What do you want to achieve with your coin business? Is
it the power to buy coins at a markdown? Maybe it
is the tax breaks that go along with a home-based business
or it may possibly be that you need to make money at
something you love. These are questions you have to answer for
yourself.  Having a clear understanding of what you want to achieve
with your coin business is important.