Collecting Susan B Anthony Dollars
If you’re starting to collect Susan B Anthony dollars, know that the value of a coin directly reflects its condition. Any coin which is damaged, marked, scratched, or scuffed will usually suffer a serious reduction in value compared to a coin in finer form. Also, be aware that a coin’s worth depends on more than just its age. In the estimation of a collector, many factors besides just age and rarity go into deciding upon a coin’s market value. Market value is as much a determination of demand as any other factor.
It‘s best to avoid handling coins if you can. Scratched, dirty, or coins marred from handling have less value than those in mint condition. Direct contact with your collection should be avoided, especially with coins in mint condition, but if you have to touch please do so by only holding the outer edge.
Cleaning coins is not recommended and should be done only by an expert, and only when absolutely necessary. The patina on an old coin might best be left undisturbed, since removing it could decrease the coin’s value as a collectible.
Most holders provide adequate protection for Susan B Anthony dollar but you will want to be sure that your most valuable coins are protected not only from fingerprints and dust, but also moisture. Although the usual stapled or taped packets don’t provide optimum protection, there are other containers out there that also block moisture. Never keep your collectible coins in a damp, dark, cool area such as the cellar; instead, choose somewhere dry and with a steady temperature.
Last modified April 16, 2008Author 1530 > has blogged 156 times
