[PDF] LESSON PLAN What is Money? Students learn what money is

How are old coins valued?

Find the best coin buyer for each group. Many of your old coins are valued primarily by their silver content, a dynamic market with prices changing daily. The silver era of US coinage continued through 1964. Coins were a 90% silver alloy. Dimes contained .072 ounces of silver | quarters .180 ounces | and half dollars .361 ounces of silver.

What is the history of coin collecting?

Early Roman Emperors gave Silver coins that featured their likenesses to their best generals and troops as a reward for bravery. Coin collecting became popular in Europe in the 1500s. In the United States, collecting coins didn’t really begin until the 1850s but by 1950s, it was one of the most popular hobbies.

How do you determine the value of a rare coin?

Date: The date is one of the most important pieces of information when determining value. Metal Type: How valuable a rare coin is depends on its metal type. For example, gold and silver are more valuable than other metals. Mintmark: Some coins have mint marks, which indicate where they were made (for example, “D” means “Denver”).

Is a Roman silver coin worth anything?

For example, you might think an American Silver Dollar from the 1880s, which is more than 130 years old, would always be less valuable than a Roman Silver coin, which is well over 2,000 years old. In many instances, that is not the case.