Maybe you’ve read about a single coin that sold for $1 million. Perhaps you found a coin from the 1800s or earlier, or maybe you’ve inherited a collection of coins. How can you tell which coins are worth money? Once you've found a rare coin that's valuable, how do you sell old coins?
This is not as difficult as it may seem. Make a habit of looking at your coins. If you know what an everyday coin looks like, you are more likely to notice when one is a little different. Set aside those that look different until you have time for a closer examination.
It’s not likely you have a $1 million coin in your pocket, but if you were given a collection, some of those coins might have significant value. (If you have a complete set, they may be worth more together.) To determine this, says Rod Gillis, the education director at the American Numismatic Association, "You have to look through every one of them."
Here’s how to investigate and what to do if you find a coin of value.