How are coins valued

Help

What is the online coin catalog?
Those interested can find out more about coins in the online coin catalog. Information on the description and evaluation of coins is provided, if available. The information comes from collectors who made this information available for the coin catalog.

How are the coins arranged?
The coins in the catalog are assigned to categories. The categories form a directed graph to show dependencies. This means that a category can have sub-categories and a sub-category can be of one or more main categories. A category can be of different types. For example there are countries, rulers or collection complexes. Sometimes a period can also be determined which is assigned to a category. The reign of a ruler can be mentioned here as an example. The sorting of the sub-categories in a category now results from the assigned period and the alphabetical order.

A coin is a member of one or more categories. The order within a category is defined by the owner of the entry and is not subject to any formal criteria.

Is the catalog complete?
The catalog is not complete. The catalog will get more and more content over time. It will probably never be complete, as new coins are constantly being added and their values ​​are constantly changing.

Why are the years of certain coins or complete types of coins missing?
This is because the catalog is not yet complete. Help us out.

How are the prices in the catalog created?
In the online coin catalog, a distinction is made between market prices (green numbers / lines) and catalog prices (red numbers / lines). Catalog prices come from coin catalogs and market prices result from actual transactions / sales.
The currently saved market prices mainly come from past auctions (including hammer fees and shipping costs). The prices are corrected according to the currency exchange rates and material prices. If there are several prices for a coin, a coin detail and a grade, the average is calculated.
The market prices are shown from the buyer's point of view. Buyers always pay more money than the seller ultimately receives (due to auction fees, shipping costs, VAT, ...). Therefore, if a seller wants to know the expected price, he subtracts the ancillary costs to be incurred for his sales channel and for his shipping from the market price.
  • If there is only a question mark instead of a price or if there are no lines in the graph, then no price has yet been entered. Help with ( Deliver market prices).
  • If only a curve for the nominal value is displayed in the coin detail view, this does not mean that the coin only has nominal value, but that the market price has not yet been entered. This applies analogously to the material price.
  • If no face value and / or no material value is given, this does not mean that the coin has no face value or material value. Only when 0.00 EUR is explicitly stated is the value 0.00 EUR.
  • In the case of very cheap coins (<1 euro), it is difficult to determine the exact value because the current auctions do not offer low-priced coins or only offer them in one lot. Often, a minimum bid of 1 euro also applies, which makes objects with a lower value difficult to sell.

How do the price forecasts work?
Every coin has a value regardless of its actual collector's value, which results from its function as a means of payment. This can be the nominal value or the material value. If a coin has been devalued, it still has at least material value. If a coin is still marketable and was made from a very low-quality material, the face value will usually be higher. The higher of the two values ​​is named in the online coin catalog with the term base value. The base value is the lowest value that a coin has to be assessed by the collector. A collector surcharge, which results from supply and demand, is added to this base value. The collector surcharge is basically a positive number and is often dependent on conservation. The base value and the collector surcharge then result in the value of the coin.
  • The base value can be EUR 0.00 if a coin has been suspended and the material is worth almost nothing.
  • The collector surcharge can also be close to EUR 0.00 if there are significantly more coins on the market than there are buyers.
  • There are coins that do not have a base value because they have been devalued and are made of a very cheap material. The value results purely from the collector surcharge.
  • Investment coins are characterized by the fact that the material value determines the base value and the collector surcharge is close to EUR 0.00 due to the amount of minted pieces. The value of such a coin corresponds to the material value.
  • With many modern coins in circulation, the value levels off at the face value. The base value is derived from the nominal value, because the pieces are available from banks at nominal value and the material value is low. In addition, a large number of copies are minted, so that the collector's market can easily be saturated.
  • In the case of copies for which the collector surcharge is around EUR 0.00, the price fluctuation between the various levels of preservation is very low. In the case of coins that are traded at the base value, this results in a value that is independent of maintenance.
  • A negative collector markup is a sign that a seller has gotten a bad deal.
With this model, the stored market and catalog prices can now be split into a base value and a collector surcharge. The base value can now be updated according to the development of the material value or the exchange rates for the nominal value and a current value can be calculated with the collector surcharge. In this way, a price forecast is created. The forecasts are currently calculated once a week. The date of the calculation is given in the tables and lists.

What is the value of my coin?
To determine its value, you need knowledge of the coin type, the coin details (year, mint, ...) and the condition. Once you have gathered this information, please look for your coin in the catalog. Please use the search form. Here you can, for example, enter parts of the imprinted font and get matching hits. In the coin view, look for the year of your coin in the Details section. If your year is not displayed, nobody has entered it yet. If the year is listed, click on the red arrow on the right to get a detailed view of the year. If data is available, the material price, the catalog price, the market price and the nominal value per maintenance level can be read off here.

What are the levels of conservation?
Conservation is crucial for assessing the value of a coin. A distinction is made between the following levels of preservation in Coin Catalog Online:
  • GE - low: The coin can no longer be clearly identified. Letters and the motif have largely or completely disappeared. The round blank was damaged (e.g. by drilling or material testing).
  • G - good: The coin is clearly identifiable. Half of the motif and the letters can be identified by outlines. Details are no longer visible.
  • SG - very good: The coin is clearly identifiable. Most of the motif and the letters can be identified by outlines. Three quarters of the details are no longer visible.
  • S - beautiful: The coin is clearly identifiable. The motif and the letters are visible. Half of the details are no longer visible.
  • S-SS - fine to very fine: The entire motif and letters are visible. There are very clear signs of wear and tear (scratches, edge damage). A quarter of the details are no longer visible.
  • SS - very nice: The coins got scratches from circulation. The edge may show slight damage. The embossed gloss has disappeared. The details are easily attacked.
  • SS-EF - very fine to extremely fine: The coins got scratches from circulation. The embossed gloss is still present in protected depressions. The details are there in full.
  • VZ - excellent: The coin has received slight scratches due to a short circulation. The embossed gloss is present in large parts. The details are there in full. Fingerprints are visible.
  • VZ-ST - extremely fine to extremely bright: The coin has received minimal scratches due to the manufacturing process. The embossed gloss is completely present. Details are all there. A fingerprint is allowed.
  • ST - brilliant as a die: The coin must not have any scratches or other surface damage that is visible to the naked eye. The embossed gloss is completely present. The details are fully visible. No fingerprints are visible. The coin is absolutely flawless.
The terms "polished plate" and "mirror finish", which are often mentioned in connection with collector coins, are not degrees of preservation, but rather designations for manufacturing processes in which the stamps and / or discs are polished before the embossing. A coin that was issued in "Polished Plate", for example, can therefore also be assigned one of the above-mentioned conservation levels. Once issued, such a coin will often appear in grade ST. But hairlines already added by polishing can reduce the preservation to SS.

In which literature can I find more information about coins?
In Germany, the leading manufacturer of collector's literature is the Battenberg-Gietl-Verlag (www.battenberg-gietl.de). For example, the publisher regularly issues magazines such as the Münzenrevue, in which the current coins of Germany / Austria and Switzerland as well as euro coins are rated. These magazines are available in the larger newsagents and are well suited for the novice or non-collector (e.g. for assessing heritage). For the advanced collector, the Battenberg-Gietl-Verlag offers various catalogs with a comprehensive character as well as catalogs on special fields. Examples are:
  • The German coins since 1871 (more ...)
  • Small German coin catalog (more ...)
  • Large German coin catalog (more ...)
  • World coin catalog 19th century (more ...)
  • World coin catalog 20th century (more ...)
  • World Coin Catalog 21st Century (more ...)
  • Coin catalog Russia / Soviet Union and successor states in Europe (more ...)
  • German coin catalog 18th century (more ...)
  • The coins of the Byzantine Empire 491-1453 (more ...)
  • The coins of the Roman Empire (more ...)
  • The coins of the Roman Republic (more ...)
  • Euro coin catalog (more ...)

Why are there so few catalog prices available?
Catalog prices are protected by copyright and may not be published without the permission of the publisher / author.

Why does the market value very often deviate significantly from the catalog value?
Catalog values ​​are often based on the selling prices of the coin trade. A dealer usually sells his goods at 70% -80% and buys the goods from private individuals at 40% of the catalog value. If the customer is allowed to determine the price, as is customary at auctions, then 50% -60% of the catalog value is often achieved.

How often is the catalog updated?
When new data is available it is stored in a database. Once a week, on Sunday evenings, a new coin catalog is generated from the database. At the same time, all market prices are updated according to the current development of material prices and exchange rates.

How can I contribute information?
The catalog is constantly being expanded. Information, especially if it is in the public domain, is very welcome.

Provide information
Create images
Deliver market prices