Rarity also involves the number of those coins or bills that are still around today.ĭemand varies according to the popularity and availability of a coin or bill: Rarity involves the number (or "mintage") of coins or bills that were originally produced. There are several factors that influence the value of a coin or bill: Wholesale value can also be a discounted price that a dealer would accept from a buyer who is purchasing in large quantities. Wholesale value is the price for which a dealer would sell a coin to another dealer. So, if a dealer wants to stay in business, they usually offers lower buy prices than retail prices.
Retail value is the price for which a dealer would sell a coin or bill to you. This price is called the "book" value because you would typically find it in a published book such as the Standard Catalog of World Coins.īuy price is the price that a dealer would be willing to pay you if you sold them your coin or bill. Basically, there are four different types of "value" for coins and bills:īook value is an average of many dealers' retail prices for a certain coin or bill - in other words, what the average dealer would sell it for.