Hobbies And Interests
Things You'll Need
Instructions
Gather together all of the Confederate money that you have. Include both paper money and coins. Place the items on a clean, dry towel or piece of paper. Do not use colored paper in case its colors bleed on to the money.
Take digital photographs of the money. Place a coding number beside each piece for reference and take individual pictures of both the front and back of the items. For example, beside the first piece of paper money, place a note card that reads "Confederate money No.1." Repeat this step until you have photographed your entire collection of Confederate money.
Document each piece of Confederate money. Write down the name used for the photographs and list all characteristics and traits of the piece. Include all numbers, letters and sayings written on both the front and back of the money. Note the color of the money, as well as any flaws or distinguishing characteristics.
Print out the photographs for both the front and back of each piece. Make a file that includes the photographs and the descriptions of the money.
Contact local or regional coin dealers, antique dealers and pawn shops. Make at least three appointments to have the traders or brokers assess the value of your collection. Be specific when setting up the appointment and tell the agent that you will not be bringing in the originals and you only are seeking valuation quotes for Confederate money.
Get written appraisals from all meetings. Write down figures given if written appraisals are not provided. Take all information home and keep everything together.
Contact dealers outside your local area and in major metropolitan areas throughout the United States. Ask to speak to someone about the valuations you were given in person and ask their opinion on the estimates you were quoted.
Contact museums or organizations that specialize in Confederate antiques. Discuss the estimates you were given with a museum representative and ask their personal opinion on the prices quoted to you. Do not offer to sell or donate the Confederate money. Understand that talking to someone at a museum is not to be considered an final valuation method, but is for comparison purposes only.