Hobbies And Interests
Visit a Local Coin Shop
Coin shops are a good resource if you need to value old money. You should keep in mind that they are typically offering you the price they would pay, not necessarily what the money is worth. Consider asking if they offer appraisal services for the most accurate estimation of the value of your old money. You should take the time to browse local coin shops as well. You may find that they have currency similar to what you own. You should keep in mind that even slight differences can dramatically change the value of old currency.
Take Advantage of Online Resources
Look up your old money on online currency valuation charts (see Resources). Be sure to accurately assess the condition of your money as well as write down all specifics to get the most accurate estimate of what your currency is worth in today's market. You should fairly quickly be able to determine the nationality of your currency and the date. You may also want to comparison shop a variety of money sellers to see what your currency is selling for in the open market. You may also want to consider searching eBay for your old money. Combine these resources to determine a relatively accurate value for your old currency or coins.
Valuing Coins
Coins are the most common form of old money. Coins are much more durable, so they may be less valuable than paper currency; however, some rare coins can be much more valuable. Age, rarity and condition can all impact the value of your old coins. In some cases, the metal may be worth more than the coins themselves, especially if they are silver or gold. When researching coins, look carefully at the images, dates and any information on the coin. Attempt to determine the metal make up of the coin. These facts will help you to date and value your old coins.