Jeff Smith, President and CEO Treasuredstocks.com

Jeff Smith, President and CEO Treasuredstocks.com
Jeff Smith

Friday, April 15, 2016

How Treasuredstocks.com decides the value of ungraded notes and coins

Deciding the Value of an Ungraded Paper Note or Coin


When we have an ungraded coin or paper note, our Treasuredstocks.com experts carefully research answers to the following questions, prior to placing a value on the item. 
This research can take a great deal of time and 
effort, depending upon...
 
- How many were made/printed and how many currently exist
- Auction results. We have over 30 years of auction and reference data
- How many people want them (supply and demand is important). For example, a note can be very sought after for its beauty and distinctive features.
-  The exact condition of the note or coin. Condition is everything! See our previous blog post regarding the importance and security of purchasing officially graded items.
-  If it’s a coin, the bullion value, sometimes referred to as the melt value
-   Is it (or could it potentially be) a counterfeit

Importantly, age, as a single statement of value, may hold little or no relevance. Same is true with the face value of the item (a one dollar note may be worth far more than a 100 dollar item). 

We here at Treasuredstocks.com collect decades of data such as year of issue, location of issue, serial number, signatures, front and back pictures, colors, seals, and others important pieces of information. However, we are not able to identify or value ungraded coins or currency by telephone or email.  
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Treasuredstocks.com is very proud to be able to list some of the most precious and valuable currency items in the world. We have over 4,000 items to choose from with huge variety and selections.

We are Official Dealers for PCGS and PMG grading institutes.  We are also members of numerous Numismatist organizations including Professional Currency Dealers Association (PCDA) and American Numismatic Association (ANA). 

Treasured stocks.com was founded in 1987 to provide currency enthusiasts and investors with a wide choice of currency items. The site offers a range of national and international coins and currency for the value conscious currency collector and investor. We are here to assist you! Please give us a call at 870-670-4255 or email us at jeff@treasuredstocks.com

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How to Start a Currency Collection

I want to start collecting coins and currency items; where do I start?

Collectors of coins and currency do so for many reasons. One of the most common collector is the hobiest who collects more for fun and appeal, rather than profit. Often, this attraction begins as a child who, by chance or purpose, receives an item that is both fascinating and historical.

An increasingly popular reason to pursue collecting of coins and currency is to do so as an investment Persons who use collections as a kind of investing do so with the idea that the value of the items, in singular or total, will increase over time. Supply and demand is the key concept here as well as a critical understanding that collections do not “make” money until they are sold and may even incur costs, such as the costs of safe and secure storage.

A third type of collector is the person who acquires a collection via inheritance. This person may or may not have any real interest in the items but appreciates potential value.

One great advantage we have today is the internet. For example, take a careful look around our Treasuredstocks.com web site and you will see over 4,000 items, of all categories, grades, and prices, all graded and all in full color view. And now a bit about grading. A graded item allows collectors to speak the same language when it comes to the condition of the item.

The term “Numismatics” refers to the study or collecting of coin/currency. A numismatist is someone who does this by hobby or profession. Here is a great web site to use, when learning more about such an exciting field. There’s even several links specifically designed for children.

http://www.numismatics.tv/

We are official members of multiple numismatic-related organizations. Therefore, Treasuredstocks.com welcomes any and all questions regarding our postings and our passion for collecting coins and currency of all types. We are here to assist you! Please give us a call at 870-670-4255 or email us at jeff@treasuredstocks.com