OCR Text |
Show Premium on Old Coins Dependent on Rarity How valuable are old coins? A study of the dealers' lists will surprise sur-prise you, first by the smallness of the premium attached to most coins of venerable age, and second, by the small number of coins of modern Issue that command any respectably sized premium at all. The value of any coin, of course, depends Dot only upon Its rarity, but upon its physical condition, says Popular Pop-ular Mechanics Magazine. A bright , uncirculated coin gets a topnotch price, and this value lessens progressively progres-sively with the wear it undergoes, but if you do happen to have a rare coin of considerable age, don't clean it for that automatically halves its value. As regards the small value of some coins of great age, the dealers offer, for example, less than $1 in premium pre-mium for a half-cent coined in 1794, or the large copper cent of 1800. And a silver dollar of 1794, or a large copper cent of the same year, commands com-mands a premium of only a few cents. The only common coin of comparatively compara-tively recent issuance that is quite valuable is the 1913 "Liberty Head" nickel. You can exchange it for a fine, complete outfit of clothes any time. Another common coin of great value is the 1S94 "S"' mint silver dime, which Is valued at several hundred hun-dred dollars. . The 1S70 "CC" mint 20-cent piece can buy you a fair second-hand car. . |