Just inherited coins? Do these seven things before cleaning, sorting or selling anything.
Estate coin guide

Mint Errors Versus Damage

How to avoid mistaking dents, scratches, dryer coins, plating damage and alteration for valuable mint errors.

Inherited collections are often mixtures: ordinary circulation coins, bullion, collector pieces, old holders, world coins, tokens and paperwork. The goal is not to assign a perfect price immediately. The goal is to avoid losing information or selling a valuable subgroup as anonymous bulk.

1. Manufacturing logic matters

Manufacturing logic matters should be handled in a way that preserves evidence and keeps the family’s options open. Record what you know, identify uncertainty and avoid turning a preliminary estimate into a rushed sale decision.

2. Damage can imitate errors

Damage can imitate errors should be handled in a way that preserves evidence and keeps the family’s options open. Record what you know, identify uncertainty and avoid turning a preliminary estimate into a rushed sale decision.

3. Famous errors attract fakes

Famous errors attract fakes should be handled in a way that preserves evidence and keeps the family’s options open. Record what you know, identify uncertainty and avoid turning a preliminary estimate into a rushed sale decision.

4. Get authentication for meaningful claims

Get authentication for meaningful claims should be handled in a way that preserves evidence and keeps the family’s options open. Record what you know, identify uncertainty and avoid turning a preliminary estimate into a rushed sale decision.

5. Do not pay to grade every odd coin

Do not pay to grade every odd coin should be handled in a way that preserves evidence and keeps the family’s options open. Record what you know, identify uncertainty and avoid turning a preliminary estimate into a rushed sale decision.

Anti-ripoff rule: A confident buyer is not automatically a correct buyer. Ask how the offer was calculated, keep an inventory and compare at least one independent alternative for better material.

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