Types of coins.

The first step is to understand what kind of coin you have. Circulating coins, once used in everyday commerce, can hold significant historical and collector value—especially older U.S. coins like Morgan or Peace dollars. Bullion coins, such as American Gold Eagles or Canadian Maple Leaves, are primarily valued for their precious metal content. Then there are commemorative coins, often produced in limited quantities to honor events or people, which can appeal to niche collectors.

Several key factors determine a coin’s value.

Condition — known in the industry as “grade” — is extremely important. Coins in better condition, with minimal wear or damage, are generally worth more. Rarity also plays a major role. A low-mintage coin or one that’s hard to find can command a high premium, especially if demand is strong. The coin’s metal content—gold, silver, or platinum—and overall market trends also affect what buyers are willing to pay.

Having your coins professionally graded and certified by respected services like PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Company) can boost their value and make them more appealing to serious collectors and investors. Certified coins are sealed in tamper-proof holders and assigned an official grade, giving buyers confidence in the coin’s authenticity and quality.

If you’re considering selling, it’s important to do your research. Online resources such as auction results, coin price guides, and collector forums can help you gauge current market value. Looking at completed sales—not just listings—gives you the most accurate idea of what buyers are actually paying.

When it’s time to sell, choosing the right place is key. Online marketplaces and auction sites offer exposure to a broad audience but require effort, patience, and secure shipping. Coin shows can be great for in-person appraisals and offers, especially for unique or high-value pieces. For many, a local expert offers the most convenience, trust, and immediate return.

Sell with Confidence at Empire Pawn.

At Empire Pawn of Nassau, we make the process of selling rare and valuable coins easy, safe, and rewarding. Located in East Meadow, Long Island, our family-owned pawn shop has been serving the community since 1930. We buy gold coins, silver coins, rare U.S. currency, and certified collectibles, offering fair market value based on current prices and collector demand.

Our expert staff will evaluate your coins on-site — you never have to leave your items behind. Whether you’re selling a few pieces or an entire collection, you’ll receive a free, professional appraisal and a competitive offer with immediate payment.

Thinking of selling your old or rare coins?

Visit Empire Pawn of Nassau for a fast, honest evaluation. We’re Long Island’s trusted source for turning coins into cash — quickly, securely, and with expert care.