Blog - Low Country Coins

Apr 02

Figure out EXACTLY what your scrap gold is worth

This is how YOU figure out what YOUR scrap gold is worth. I put this out here because there are A LOT of unethical companies and pawn shops out there. If you want to sell your scrap gold to us, we will work through this with you. First, let's learn about gold. Gold is measured by weight and PURITY. Weight is in grams, ounces, or pennyweight. My observations that the less than ethical companies use "penny weight" to skew your calculations making it look like they are paying you a lot, when they are paying you a little. The price of gold is ALWAYS referenced to Troy Ounces. This is different from a "regular" ounce. A regular ounce is 28 grams, a Troy ounce is 31.1 grams. Now that you understand grams and ounces, let's look at penny weight. What is a penny weight? Does that mean anything to you? Probably not. One troy ounce is 20 penny weight.

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Mar 14

How to sell your coins without being "Taken for a Ride"

For all of us there comes a point in our lives when we consider selling our coins. Whether your reason is to regain some cash for medical expenses, a down payment on a house or that vacation you have been dreaming of, there will come a day when you decide to sell your collection or leave it in your will to your children. I have (for a down payment on a house), and had I known then what I know now I would have been better prepared to ensure I got every penny out of that collection. In hind sight, I know "I got taken for a ride." So I thought you might benefit from my lessons and experience with buying and selling coins over the last 30 years or so.

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Mar 03

What is my coin worth?

You are going to drive yourself nuts trying to figure out what your coin is worth by looking on the internet! I get calls everyday from people just like you trying to figure it out. Because of this, we decided to write this page to get you started. Trust me, you are going to eventually call us. This will get you started none the less... ---Key dates: Every coin denomination has key dates. Well, every one except Roosevelt dimes and Kennedy halves. Anyway, key dates are the year and mintmark combination that have a much lower mintage than all the other coins in the series. By simple supply and demand, these coins are worth much more than the other coins in that series. ---Here is a list to get you looking. Don`t get discouraged, if you don`t have these dates, you may still have something special, it is JUST a brief synopsis of the BEST in each series and a ROUGH price to get you started. Obviously, the price changes with condition. This is really just a GENERAL guide for these types of coins to give you a basic idea on their value.

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