Inherited Coins? What You Should Know

You've inherited coins and are wondering what to do with them? This situation is more common than you might think, and the right approach can make the difference between a valuable inheritance and missed opportunities.

Rule Number 1: Don't Clean!

The most important advice we can give you: Never try to clean your inherited coins yourself. What might look like dirt or discoloration at first glance is often a valuable patina that has formed over decades or even centuries.

Amateur cleaning of old coins can significantly reduce the value of good pieces. Even supposedly gentle household remedies can cause irreparable damage to the surface. Leave cleaning – if necessary at all – exclusively to professionals.

Take Inventory

Before taking any further steps, we recommend a systematic inventory:

• Count all coins and sort similar-looking pieces together
• Document the location found and any accompanying documents
• Photograph the coins in good light (front and back)
• Store everything safely – preferably in the original containers

This documentation not only helps with a later valuation but may also be relevant for insurance purposes or inheritance tax.

The Emotional Component

We understand that inherited coins often have more than just material value. They can represent memories of a loved one or embody a family tradition. Take the time you need to decide what you want to do with the collection.

A well-thought-out decision is better than a hasty one. Valuable coins will still retain their value in a few months.

Your Options

Basically, you have several options:

• Keep: Perhaps you want to continue the collection or keep individual pieces as mementos
• Sell: A reputable coin dealer can make you a fair offer
• Auction: For particularly valuable pieces, an auction can achieve higher prices
• Share: Perhaps there are other heirs who are interested in certain pieces

Professional Valuation

Regardless of your decision – a professional valuation is always worthwhile. You'll not only learn the current market value but also interesting details about the history and rarity of your coins.

At Constantin Coins, we offer you a free and non-binding initial assessment of your inherited coin collection. Contact us by email or use our contact form – we look forward to helping you.