Rare Gold Coin Dealer Blog

Investing In Gold Vs Paper Money

 

When it comes to investing in gold vs. paper money, there are many factors to consider. The knowledgeable professionals at William Youngerman help clients diversify their portfolios of gold, silver, rare coins and collectibles.

Buying and selling gold can provide a means of holding value in times of economic downturn. Investing in paper currency can offer flexibility and familiarity.

Buying And Selling Gold

For centuries, gold has been seen as an asset with true inherent value. Due to its scarcity, gold has preserved its purchasing power and demand over long periods of time. This has also allowed gold to maintain its stability through fluctuating interests rates across global economies.

Gold is typically used as a tool for diversification in investment portfolios. This precious metal also acts as a hedge against inflation. Investing in gold can provide long-term stability and efficiency for storing wealth.

Investing In Paper Money

One of the benefits of paper money is that it is flexible. If there is a future investment opportunity, cash is more readily available for an exchange, allowing investors to take an immediate advantage.

The downside to investing in paper currency is that it can be an uncertain and at times volatile asset. Paper currency can be devalued overnight due to its availability and the constant printing of more notes. This fact alone has decreased the purchasing power of paper currency over the years.

There are many benefits to investing in gold and paper currencies. Nowadays, many investors chose to safeguard their wealth and investments with reserves of both cash and gold. At William Youngerman, we provide opportunities to invest in both gold and paper money. Our knowledgeable staff specializes in buying and selling gold along with fiat currency like coins and paper money. If you are looking to invest in either gold or paper or both, then call the experts at William Youngerman at 800-327-5010.

Is Gold A Good Investment?

 

As people are looking for concrete ways to invest, the age-old question comes up: is gold a good investment in today’s economy? The professionals at William Youngerman have been helping individuals buy and sell gold for over 50 years. Gold is a solid, tangible, long-term asset that has traditionally maintained its value throughout the years. Buying and selling gold coins, bars and bullion is still a popular and steadfast way of investing in the gold market.

A Brief History Of Gold

 

The use of gold started with the Egyptians who would use it to make jewelry. Then came the creation of gold coins stamped with a seal and used as currency in 560 BC. Eventually, gold became a symbol of wealth throughout Europe, Asia, Africa, and the Americas. Many countries used gold or silver to back their currencies. In the 1900s, gold was eventually transitioned out of the monetary system.

Why Is Gold A Good Investment

 

Even though gold is no longer involved in everyday monetary transactions, it is still important to the global economy. Gold has held its value throughout the decades and has served as a hedge against rising inflation. It has also been seen as a safe investment in times of political and economic uncertainty.

Gold is an asset with various deep-seated qualities that make it unique and necessary for investors to have in their portfolios. Investors generally buy gold as a way to diversify their investments since it is not related to stocks, bonds, and real estate.

Selling And Buying Gold Coins

 

Gold is by far the most popular investment previous metal and there are many different ways to invest in the gold market. One of the easiest and more readily accessible ways to attain gold is through buying and selling gold coins and gold bars.

The gold coin dealers at William Youngerman understand how valuable it is to have a hard asset like gold in an investment portfolio. We specialize in buying and selling gold coins and gold and silver bullion. If you are looking to diversify your portfolio and invest in the gold market, give us a call at 1-800-327-5010.

What Is Bullion And Its Value

 

William Youngerman Inc. is the number one choice for someone wanting to purchase gold bullion and silver bullion. We buy and sell a variety of rare graded U.S. and world gold coins and currencies in Boca Raton and the surrounding South Florida areas. At William Youngerman, we specialize in buying and selling the highest purity gold bullion and silver bullion.

Whether an avid coin collector and an investor, we understand the importance of investing to grow a portfolio. With over 50 years of experience, we are well versed when it comes to understanding the value of bullion.

What Is Bullion And Its Value

 

  • What Is Bullion
  • Value
  • Gold
  • Silver

What Is Bullion

 

Bullion is gold, silver or other precious metals in the form of bars or ingots or blocks. They are typically used for trade on a market and its value is determined by the value of its precious metals content which is defined by purity and mass.

Value

 

The value of bullion is largely determined by demand and is rooted in scarcity and quality. Therefore, the value is given to a coin based upon the amount of metal that the coin contains. There are a few factors that determine the value of bullion. The spot price of the gold or silver is determined based on weight, purity or karat and rarity. A trusted coin dealer such as William Youngerman will provide a customer with an exact value of the bullion based on those factors.

Gold

 

Gold Bullion is a gold bar or ingot that is a quantity of a refined metallic gold. This can be made into any shape that is produced by a bar producer meeting standard conditions of manufacture, labeling, and record keeping. The standard gold bullion is held as gold reserves by banks and is traded among bullion dealers in the 400-troy-ounce.

Silver

 

Silver bullion is silver in the form of bars or coins and is the most stable in precious metal investments. They are popular in portfolios large and small and have different benefits. Silver bullion is highly popular as they can be purchased individually. This type of bullion is also highly popular due to its beautiful design element and a wide variety of weights.  

When it comes to gold bullion and silver bullion, William Youngerman, Inc. is the most trusted coin dealer in South Florida. We have the best selection of gold and silver bars and coins, including the United States Silver Eagle and gold and silver Engelhard bars. Our expert coin dealers can offer information regarding price history and potential profit of any coin. Call us today at 1 (800) 327-5010 to speak to a qualified representative regarding our selection of gold and silver bullion products.

A History Of American Currency

William Youngerman is the best seller for gold coins and the graded silver eagle coin in Boca Raton. We sell bullion, currency, jewelry, US gold coins, and world gold coins in our coin dealer store. The history of American currency will allow customers to be informed about how the American currency system began and how it has evolved.

A History Of American Currency

  • What Is Currency
  • History
  • Different Types

What Is Currency

A currency refers to money in any form when in actual use or circulation as a medium of exchange especially circulating banknotes and coins. Currency provides a basis for trade (buying and selling) and sets a standard of value which allows for trading to function smoothly. Currency is an essential part of the economy and includes three universal advantages such as a medium of exchange, a store of value, and a standard of value. This allows buyers and sellers to arrive at a comparative price without having to negotiate.

History

The start of American currency began in the 1690’s as colonial notes. The colonial currency was paper currency and was issued by the Massachusetts Bay Colony to fund military expeditions. In 1776 the first $2 note was produced and was authorized by the continental congress as a “bill of credit” for the defense of America. 85 years later in 1861, Congress authorizes the U.S. Department of Treasury to issue non-interest bearing Demand notes. As a result, the notes are given the nickname “greenbacks” due to their green color.

In 1862 the foundation of modern design was introduced and the U.S. Department Of Treasury’s seal was engraved on the American currency along with engraved signatures to aid in counterfeit deterrence. In 1913 the federal reserve act created the nation’s central bank system which is responsible for the financial needs of the country. Therefore, the Federal Reserve Board issued a new currency called Federal Reserve Notes. A year later in 1914, the Federal Reserve issued the first $10 bills and feature a former President Andrew Jackson on the front. In 1918 the Federal Reserve Board started to distribute $500, $1,000 $5,000 and $10,000 denominations. Finally in 1957, “In God, We Trust” was to begin appearing on all currency.

Different Types

There are a variety of currencies that have been developed over time. People who are coin collectors enjoy these kinds of products as they are rare findings and are not produced today. One rare coin is the $2.5 cent coin. This coin dates back to the late 1800’s and 1900’s and contains a Native American on the face of the coin. In the 1800’s, these coins were referred to as the Indian 2 dollar coin, however, that term is no longer used due to its origin. The Gold Eagle coin was first distributed in 1986 and features lady liberty walking confidently against the suns rays carrying a torch and olive branch.

William Youngerman, INC is the number one choice for a collector’s gold coin and graded silver eagle coin needs. Call us today at (800) 327-5010 to speak to a qualified representative regarding our selection of rare gold coins, jewelry and more.

 

How to Start Collecting Rare Currencies

William Youngerman is a Boca Raton coin and currency dealer who can help any new collectors find their niche. Those who enjoy history and the thought of owning a once daily used artifact will want to get into the rare coins dealer’s trade.

 

The Rare Coin Collecting Process:

 

  • Starting A Collection
  • The Niche
  • Numismatics
  • New Hobby

 

Starting a Collection

Rare coins are not something to invest in for profit. They do not typically gain value faster than inflation. They can yield a profit but may it take time. A keen collector will be able to tell which coins are a good investment and which are not. Coins with a historical significance that are in good condition tend to be more valuable. Currency and coins that have an earlier serial number in the mint are valuable as well. Having the full collection of coins increases their value as well.

 

Coins minted improperly are also naturally rare. In the Batman series, Two-Face’s double-sided coin served as an overly sentimental decision-making-tool which often foiled his plans. Rare currency collection is a good hobby, but someone with the intent of profit may not want to invest too much on a coin flip.

 

The Niche

Finding a niche can personalize collecting rare currencies. One may pursue all types of coins from when the Spanish armada occupied Florida. Getting ahold of a full collection may be more difficult. There is a rewarding feeling in finding that last coin and cheaper than collecting indiscriminately. Once a full collection is obtained, all individual coins become more valuable as part of the set.

 

Numismatics

Rare coin collection is a vivid display of how our values can differ from one another. In the study or collection of currency, numismatics, an object’s value can be measured in multiple ways. Legal or face value of a currency is defined by its printed label. A government asserts by law that a $5 bill is worth the same as 5 $1 bills. The market value of a currency is how much others are willing to pay for that object. This is the same as the legal value if the currency is still readily available and in circulation.

 

The intrinsic value of a coin is the market value of the metal which constitutes the coin. Paper currencies have almost no materially intrinsic value, but quarters and dimes produced before 1964 will carry more weight in silver material than their advertised value.

 

Pre-1929 U.S. paper money was 50% larger in size and had more intricate designs. The fifty-five dollar continental issued in 1779 features a picture of the sun beaming red rays on a plain while the border is intricately woven with patterns.

 

New Hobby

Getting into rare coin investment is not only for the lavishly rich. Currencies are always changing and new ones come into circulation and some have recently gone out of circulation. This allows newcomers to get involved with modern collections before they become a rarity. Distinguishing rare coins from fake or similar coins takes some experience and can become a skill when browsing collections.

 

For those needing an expert coin appraisal, contact William Youngerman. As one of the best rare coin dealers in Boca Raton, we can ensure a good start to any collectors journey. Call now at 1-800-327-5010 or visit https://www.williamyoungerman.com.

Buying And Selling Silver and Gold: An Investor Guide

Whether a collector or enthusiast wants to buy gold and silver bullion or wants to sell them, the process has to be reviewed carefully. Anyone with sufficient capital can buy gold and silver bullion, but only the best investors and traders can maximize their profits and lower their exposure to risks. For individuals researching best practices for buying or selling gold or silver bullion, take a look at the guide below.

Platform

Before an investor buys or sells gold and silver bullion, they need a broker who can process the purchases and sales. Fortunately, there are numerous online trading platforms for precious metals and most of them are efficient and automated. It is important for the individual to make the choice. Choose a brokerage platform that is reputable, preferably one that has a good record in protecting its users’ private information.

Information

After selecting a broker, the next area of focus about gold and silver bullion is information. In the trading and investment world, information usually means charts and news. Being able to read the charts for gold and silver and using them to create intelligent trading strategies helps investors make sound decisions. It makes it easier to make money buying and selling precious metals.

Most gold and silver trading platforms offer real-time charts on the price of gold and silver. These charts are also accompanied by various indicators, many of which can help identify the ideal price to either buy or sell gold and silver bullion. Indicators, like volume, moving averages and relative strength indices can explain where the price of a particular commodity is headed. This helps makes a sound trading or investment decision.

Trading/Investment Strategy

After securing a reliable source of information about gold and silver bullion, the next step should be to develop a sound trading or investment strategy. A good strategy determines the optimal purchase price, meaning, what price it should be sold at and what price it should be purchased at. Holding gold/silver bullion for a long time maintains or increases its value.

Trading and investment strategies are important because they prevent emotional reactions to sudden price changes. For example, if the price of gold suddenly dropped 10%, most people will impulsively sell their bullion out of fear. Likewise, if the price of gold or silver suddenly goes up, their greed will drive them to buy with little regard for the consequences. Both reactions are understandable, but in most cases, they lead to bad results.

A sound strategy can be applied to palladium bullion or any other type of precious metals. This can help an investor watch the price of their purchase. It’s important to have a solid strategy before purchasing gold and silver, so it can protect capital and keep it growing.

Buy and Sell

It’s time to buy and sell when a solid plan is put in place. For those who are new to buying or selling precious metals, then start by investing in little amounts. William Youngerman is South Florida’s premier currency, coin, and precious metal dealer. We help collectors and enthusiasts alike with the buying and selling or gold and silver items. Call us today to speak with one of our customer service representatives today at 1-800-327-5010.

 

Why Obsolete Notes Are Not Obsolete

Money is money no matter how old or obsolete. Many people who are in possession of obsolete notes often think they have no value because they are no longer being produced. This is quite far from the truth. Notes that are no longer in production hold a great value to many collectors and they are willing to pay more for them now than compared to their circulation date.

What is an “Obsolete Note?”

Obsolete notes, or “Obsolete Money”, was a form of currency that was printed by state banks in America from the late 1700’s to the mid-1800’s. While in production, they were never recognized as a real currency by the U.S. government, rendering them worthless beyond the states they were printed in. The banks that supplied these notes would eventually shut down, resulting in the name “obsolete notes”. Despite the name, these notes are extremely rare and valuable piece of American history.

What to do With Obsolete Notes?

Being in the possession of an obsolete note opens potential doors for financial gain. Selling or trading it to a currency collector, such as William Youngerman, can have a big pay off. Obsolete notes are worth a lot more than just the face value that was printed on it. Depending on the year and state of where the note was printed, certain obsolete notes can be worth thousands of dollars.

Where to Find Obsolete Notes?

Collectors all over the U.S. have been buying and trading obsolete notes for years. Collectors, like William Youngerman, have notes belonging to different states and eras that all hold different values, making them affordable for people in different price ranges.

Determine Value

There are a few factors that go into the determination of how much an obsolete banknote is worth. Small details on the note can make all the difference. Factors include:

State: Depending on what state the note was printed from can make all the difference. A note printed in Utah will be worth much more versus a note printed in Indiana. This is because there were not as many people and banks in Utah which resulted in fewer obsolete notes being printed.

Art: Different obsolete notes printed in different states and years have different pieces of artworks on it. Notes that feature more detailed artwork on it will usually go for more than a plain obsolete note.

Age: The older the better. The older and more genuine an obsolete note is, the more money it will fetch.

Serial Number: When purchasing or deciding to sell an obsolete note, make sure to always check the serial number as this can determine whether or not it is vintage. Many obsolete notes were printed around the 1920’s as souvenirs for museums.

Condition: Of course, obsolete bank notes are old, so they’re going to be discolored and brittle but they shouldn’t be torn or be falling apart. Any banknotes that have damage can injure its value.

Obsolete notes are worth much more today than ever before. If there are any questions regarding a note’s value or questions about selling or trading notes, feel free to call William Youngerman today at (561) 368-7707.

All About Rare Cuban Coins

Cuban is a country with a fascinating history that can be remembered through Cuban gold coins for sale a William Youngman Inc. The limited access, the rest of the world has had to this nation, makes some of its older currency extremely rare. Interestingly enough, Cuba is one of the few nations that has 2 different currencies circulating. The Cuban peso is the older and more collectible currency, but the Cuban Convertible Pesos are also used. Let’s dive deeper into the history of some rare Cuban gold coins and silver coins.

1897 Cuban Silver 1 Peso Souvenir Coin

In 1897, Cuba was fighting a war against Spain for its freedom. The small country struggled to fund the war efforts, so they issued souvenir coins to the United States as an effort to raise funds. When Cuba gained its independence and the republic was founded, this coin was accepted as currency because of what it represented. Under 10,000 of this coins were created and today they can be worth hundreds of dollars in the right condition. The coin has a bust of Lady Liberty modeled by Leonor Molina on one side and the Cuban Coat of Arms on the other side. This silver coin is a must have for any Cuban numismatic.

1898 Cuban Silver 1 Peso Coin

Identical to the 1897 Cuban coin, the 1898 version was also created to raise funds for the continuing war against Spain. The coin has the same face of Leonor Molin and Cuban Coat of Arms pressed into it. However, this coin is not treated as a souvenir coin or medallion. Still, one of these coins in mint condition could be worth almost $2,000 dollars.

1915 Cuban Pesos

1915 was an important year for Cuban numismatics because it was the year that Cuban started minting coins. Available in both gold and silver, there are 1915 pesos in existence of multiple different face values. Because these coins are over 100 years old, it is difficult to find them in top condition. Although silver versions of this coin can be found for under $200 depending on the condition, the gold versions are much rarer and much more valuable. A 1915 Cuban 1 pesos gold coin can be worth several hundred to thousands of dollars.

1983 Cuban 1 Peso Coin

The 1983 Cuban 1 peso has a spiny lobster depicted on one side and the Cuban Coat of Arms on the other. This coin was issued for the World Fisheries Conference along with many other countries. This peso is uncirculated and there were only 5,000 pieces minted. This coin is not just a great find for Cuban coin collections, but also for collections featuring animals or sea creatures.

1984 Cuban 1 Peso Castle Morro Coin

Some Cuban coins are particularly rare in America due to laws making it illegal to import them into the states. The 1984 Castle Morro 1 peso coin is a perfect example of this. The coin is low mintage, uncirculated, and currently illegal to import to America. The coin is a treasure for Cuban numismatists or people with castle themed collections. Hopefully, with communications opening between the US and Cuba, these 3-decade old coins will soon be allowed in the states.

1995 Rare 10 Pesos Pattern Set

In 1995, Cuba minted 100 sets of Pattern Crowns of 10 Pesos. These sets were to commemorate the centenary of Jose Marti’s birth. Marti was an active figure in the war for Cuba’s freedom and an important part of the country’s history. These coins are struck in a variety of metals including sterling Silver, cupronickel, aluminum, brass, gold plated alloy, copper, and tri-metallic. Being that there were only 100 of these sets created, they are highly collectible and a prize for a passionate Cuban numismatist.


Cuba is a small country in the Caribbean with a unique history. From rare gold coins like a 1915 Peso to pattern sets like the 1995 10 pesos, there is a lot to collect. Most of the collectible Cuban coins are the ones created prior to 1959, but there are noteworthy coins made following that year. Rare Cuban coins for sale are not just for collectors, they would also make a great present for someone who lived or is passionate about Cuba’s past.

Explore William Youngerman’s Cuban Collection: Cuban Gold Coins for Sale

How to Become a Rare Coin Collector

Years of experience as a rare gold coin dealer serving Coral Springs, William Youngerman Gold has conducted business with collectors of various collection sizes and levels of expertise. We have seen collectors that inherited their collection from their fathers or grandfathers, collectors who have spent their whole life chasing rare coining, and beginner collectors who recently picked up the hobby. If you are the latter, we have some important tip and tricks to share. Although experience is generally what sets coin collectors apart, someone who does their research can become highly skilled rather quickly. Let’s explore everything you need to know when starting your Coral Springs, Florida rare coin collection.

Educate Yourself

Numismatics is the term for the study or collection of coins, paper currency, and medals. A successful coin collector is a well-versed numismatics expert. Research the subject as much as you can to understand the theories and practices involved in coin collecting. Joining one of the associations for numismatics is also a smart way to connect with follow numismatists and access resources for rare coin information and leads.

Pick a Theme

Getting excited about collecting and buying every coin you find is common for new coin collectors. However, over enthusiasm for collecting coins can drain your wallet, leaving little left when you find a truly exciting piece. Start by picking one or two themes and search for coins that match that theme. Be patient because complete collections and groups of coins with a theme carry a larger value and are considered more precious. Simply the hunting for the perfect coin to add to your collection can be exciting on its own. Imagine the satisfaction when you finally acquire a coin you spent months or years tracking down.

Impress Colleagues with Expertise in Your Series

Whichever theme or series you decide to focus on collecting, become a true expert on it. Dealers, graders, and fellow collectors will be impressed when you are able to tell them the history, rarity, and availability of every coin in your series. If you collect a series that has little literature currently published, it may be a great opportunity for you to write a book or web guide and become “the” expert on that series. Researching the coins you pursue can be extremely rewarding.

Establish a Relationship with a Dealer

Dealer relationships are going to be vital for a successful coin collection. Although many coins you desire may be found on eBay or through auctions, it is unlikely you will build your collection without any help from a dealer. If you work with a dealer closely, they will notify you when they come across a coin you might be interested in. Gain the respect of your dealer by educating yourself and doing a lot of your own research.

Always Consider Quality

The quality of a coin should always be of top concern. Only in rare cases should you ever even consider buying a coin that is not in decent condition. Perhaps a particular extremely rare coin is acceptable to buy regardless of the condition because you simply can’t imagine passing on it. Otherwise, pay up a little for higher quality coins and keep them protected. A truly rare coin will require you to pay a lot more if it is also of a high quality. It is highly unlikely that you are going to get the best pieces from auctions or dealers with a low-ball offer. In short, high-quality coins make for a high-quality collection.

Select Proper Storage

Storage is one of the most important parts of coin collecting because it protects your coins and maintains their value. The method you choose for storing your rare gold coins in Coral Springs can be the difference between protecting your investment and destroying it. Proper storage will prevent the coin from getting discolored, and even degraded. Coin collectors have been perfecting storage options for decades and have created numerous options. Whichever option you choose, make sure it is “archival-quality” coin storage. Do not settle for less to preserve these valuable pieces of history.

Leave Grading to the Specialists

As a collector, you will be spending copious amounts of time researching your coins and hunting down more rare coins to buy. Grading coins is a complex and somewhat subjective practice that is also extremely time-consuming to learn. Instead of wasting your time learning to grade, refer to a grading specialist and focus on just learning the basics. Focus on determining if a coin’s color is real and how to pick out a coin that is in the top 10% for a particular grade.


Becoming a successful Coral Springs collector of rare gold coins does involve a great deal of studying, reading, and networking but it can also be loads of fun! Especially when you are just starting out, choose a theme or series that excites you. Animal collections and regional collections might be a perfect place to start. Keep all of these tips and tricks in mind throughout your collection process and you are likely to do well. If you are looking for a dealer nearby Coral Springs that always has exciting rare gold coins in stock, visit William Youngerman Gold!

Collecting Rare Coins from Around the World

William Youngerman is a rare gold coin dealer in Boca Raton, Florida that just may have the rare Israeli or Cuban coin you have been hunting down for decades. Coins available in this Boca Raton rare coin shop are from all over the world and many different centuries. Commonly in stock, are rare coins from Hungary, coins from Belgium, gold US coins, and so much more. Gold and silver coins can be purchased from our online shop, or you can set up an appointment to see them in person. We always encourage you to complete extensive research on the value of the rare coins you are considering buying or selling. Understanding the value, as well any backstory of the coins you invest in brings more joy to the hobby of collecting them.

A Brief History of Money

During the early history of man, bartering was used to buy goods that were needed. From livestock to clothing, almost everything functioned as money. The first known currency was created in 600BC and featured a lion roaring. As money has evolved to bank notes, dollar bills, credit cards, and now even bitcoin cryptocurrency, the metal coin has yet to disappear. Metal coins will probably never totally lose value because of the fact that the substances they are made of have value in themselves. Additionally, as fewer coins are made, the rarest coins become highly valuable to collectors.

How Dealers Grade Coins

Grading a rare coin can be subjective. The best way to avoid a difference in grade when buying or selling a rare coin is by working with only the most selective dealers. However, remember that the grade is only one factor in determining the price of a coin. One rare gold Cuban coin may look very different from another coin but will have the same grade. Study grading materials by the Professional Coin Grading Service and Numismatic Guaranty Corporation to educate yourself on the process. Educating yourself will prevent someone from taking advantage of you when buying or selling coins from your collection. Luckily, collectors and admirers of rare coins have been working to unify grading systems and third-party grading services are now more secure than ever.

Factors in Appraising a Rare Coin

  • First and foremost, contact American Rarities Rare Coin Company and have a qualified numismatic expert evaluate your rare coins and give you a no-obligation offer on your coin collection.
  • Inventory your coins and list the rare coins of importance individually. Grouping certain coin types together are okay, because many collectible coins tend to have similar values. You can always break down the groups further if necessary.
  • As a general rule, silver and gold coins are almost always worth more than their face value. However, their value also fluctuates a lot based on the current value of gold and silver. Mint mistakes like mis-struck or double struck coins raise a coin’s value, and designer’s initials and certain mint marks often increase the coin’s value.
  • Any reputable coin dealer should have credentials from the American Numismatic Association (ANA) and the Better Business Bureau (BBB). Work with these dealers.
  • Study coins similar to your own that are for sale in rare coin magazines, rare coin shops, and rare coin auctions.
  • Look for rare coin books covering the coin types your have. A good book to start with is the “Red Book”, A Guide Book Of United State Coins. This book provides generalized information on most US coins and gives an indication as to rarity.
  • Online resources can be very useful. Many reliable resources provide a Rare Coin Retail Price Guide. Keep in mind that prices paid by coin collectors are always below these “List Prices,” meaning that the real “liquid value” of your rare coins will be less.
  • The rare coin grading system can be rather arbitrary, but understanding it can be immensely valuable. Coin grades run from Poor-1 to Mint State- or Proof-70, but many factors contribute to a coin’s grade. Luster, strike, contact marks, and overall eye appeal is the most important elements.
  • Remember that rare coin prices are determined by scarcity, demand, and condition. Another factor is the current prevailing numismatic market conditions.
  • Get your Coins Appraised by a Rare Coin Dealer, such as William Youngerman. Some coin dealers charge for an appraisal, so ask first if the dealer thinks it’s worth it.

No matter if you are a Boca Raton local that inherited a robust coin collection from a family member, or you have been traveling the world building your own collection, knowing what you have is key. Conduct extensive research on every coin prior to buying or selling it and work with experienced and qualified gold coin dealers like William Youngerman. If you are on the lookout for a place to sell rare cuban coins or you want to buy another exciting rare Spanish coin, give Mr. Youngerman a call today (800)327-5010!

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