Coin and Paper Money Collecting/DIME ..
Expert: PAPAJACK - 7/19/2007
QuestionI have a dime from 1898 .. How much do you think it's worth?
AnswerHello Jane,
Coins are valued on a scale from 1 to 70. And on how rare a coin is. With no or little experience it is sometimes easier letting a collector look at them, and even most coin shops will help for free on one or two pieces.
In each series of coin type like your "Liberty (Barber) Dime" there are some quick reference points of wear to be seen on the high points that are known to show wear first. Most of these are covered in the RED BOOK. If you can borrow a copy it will help. The grading details it describes at the start of each coin series is taken from the American Numismatic Association Standard. And uses the 1 to 70 scale recognized by all professionals since the 1970's.
Most circulated coins range from Good (grade-G4) to Almost Uncirculated (grade-AU50) on the scale. So remember a grade of Good or 4 out of a possible 70 is kind of a low grade.
I can only give you a range of prices without more details on the coin.
For an 1898 Philadelphia mint dime:
Very Good (Grade-8) = $2.00
Fine (grade-12) = $4.50
Very Fine (grade-20) = $11.00
Extremely Fine (grade-40) = $22.00 and
Almost Uncirculated (grade-50) = $45.00
It was also made at the San Francisco and New Orleans mint, these coins are worth more.
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Thank You and Good Luck
PapaJack