getting a coin properly appraised

[whitey9977]

MY detecting partner found an 1830s large cent in a cellar hole a year back and was getting around to sell it someone instantly offered him 250. how can he get it properly appraised or what avenue should he go down to get a legit appraisal. We dont really know the ins and outs of coin detail. Dont have a pic of the coin but can get one if needed. Thanks ahead of time everyone

 

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[Peyton Manning]

wellllll you could check ebay or other coin sites to get a general idea

 

[Jcostin]

I'll sell every one I have for $250 each!

 

[Iron Patch]

The first thing to find out for a coin is if there is varieties, and if so, which one you have. If there's not it's as simple as looking at completed ebay sales and making a guess where your coin fits in for grade and condition.

 

[whitey9977]

Thanks guys we dont really have a trusted coin dealer around us we can count on

 

[jerseyben]

Seems like a high offer for a dug coin in that date range... 1839/6 variety?

 

[Mackaydon]

Personally, I'd start here for a price guideline:
Coronet Head Cent (1816-1839) Value - PCGS Price Guide
But first here for grading: PCGS Photograde Online
Don.........

 

[foiler]

My approach would be a bit different. I've found that getting several coin dealers and collectors in a room all looking at a particular coin is best for you. Ethics and fairness tend to be in the forefront in that situation rather than one on one in a coin dealers shop. I would find the nearest numismatic club in you area and attend their meeting. You might call the acting president and suggest you have some coins you would like a 'professional' to look at. Usually, I've found, they welcome those situations. Condition is everything in a coins value and somewhat subjective. Thats why dealers trust the 2 or 3 major coin grading companies. If a coin is worth a couple of hundred dollars it's worth $25 to have it graded and slabbed. Dealers and clubs get discounts for their coins grading. Might be worth a membership. Just saying.