COIN SELLING FREQUENTLY ASKED QUESTIONS

I have 100 Drachma coins with Alexander the Great. How much does it cost;

The 100 Drachma coins (featuring Alexander the Great on the obverse and the Star of Vergina on the reverse) of all dates have no collector value, with very few exceptions such as if they have a minter error or if they are in the full 1993 series which was issued by the Bank of Greece in a special collector’s case.

I have 500 drachma coins with Olympic Games. How much does it cost;

The 500 Drachma coins (6 types) that were issued in 2000 on the occasion of the Olympic Games in our country, have no collector’s interest unless they are in Bank of Greece reels (UNCIRCULATED) where, however, their commercial value is close to their nominal .

I have various coins from 1912 onwards. How much does it cost;

Second-hand coins from 1912 onwards that were probably kept for sentimental reasons are not a collection, but an accumulation of worthless trade change. In order for the above coins to be considered collectible, they must either be unhandled (UNCIRCULATED), or be special collector’s editions of the Bank, the so-called “Souvenirs”, most of which are in boxes with certificates.

Exceptions to this coinage period are the 20 Drachma coins of 1960 and the 30 Drachma coins of 1963 and 1964. The particular ones, due to the fact that they contain silver, have a value which is calculated as follows:

Weight x purity x price per gram of silver

* The purity of the above is 835 degrees. (0,835)

The so-called “common” coins of this period are sold by the kilo and are used as raw material by artisans for handicrafts, tourist shops, etc.

I have various foreign coins. How will I find out their price?

Coins from other countries are countless and there is no direction to price them yourself. And in them, as in Greek, there are “common” as well as collective ones. So it would be right for you to visit us so we can evaluate them.

I have old coins from before 1900. How will I know their value?

In this case you should visit us to make an estimate. In case you are not a resident of Athens, you can send us some photos, through which we cannot do an exact pricing, but we will let you know if it is worth going further or not.

Why do I see coins similar to mine online at different prices?

First of all, you should be sure of the reliability of the page you visited (if it is a serious site, if it is a valid currency price list and not private ads, etc.). Besides, the prices of a coin are determined by many factors such as condition, rarity, type, variety, special editions, etc. For example a 1959 2 Drach coin if used is worth a few cents, while if it is uncirculated (UNC) its price can reach 300 euros.

How can I be sure that someone's assessment of my collection will be correct?

The most important thing here is the reliability and specialized knowledge that the appraiser has both in grading (assessing the condition and rarity of the coin) but also his commercial experience in the field for the correct pricing.

WHAT REALLY APPLIES TO THE 2002 RARE DIVERSA WITH AN “S”

Recently, there has been an upsurge in the search for a rare 2 Euro 2002 Greek coin.

Misinterpretations, fictions and anecdotal pseudo-news flood the internet and beyond.

The 2002 two euro is being posted on various auction sites, at prices that are not just bigger, but ridiculous.

But what is the truth about the 2002 two-doors with the S engraved on a little star?

In 2002 Greece ordered Finland to “cut” 70,000,000 two euros coins.

The Mint of Finland, like most mints, has a distinctive symbol or letter engraved on the coins, the so-called “mintmark” or internationally “mintmark”.

Finland has the S (from Suomi) which is on one of the stars on all the two euro coins it makes.

Given that 70 million Euros were minted in our country, it stands to reason that there is no scarcity when it comes to the “S” coin.

But why is there such a frenzy?

Finland, due to the backlog of orders it had, somewhat hastily built many biships, which had some defects from their construction.

There are various manufacturing errors, from very small, e.g. “the earring” as the fellow collectors call it (which is a bump on the cheek of the bull), the “tattoo”, the “bikini” and other small errors that cost around 50 euros, up to very obvious errors like “spill metal’, ‘wrong disc’, ‘duplicated’ and more.

One such glaring error on a truly rare biennium (in which the mintage is unknown since it is included in the 70 million quantity) was sold at an auction in Germany for the price of around 1,000 euros.

Then a similar one, or the same one, appeared on eBay with an asking price of €80,000!

Here we should make it clear that eBay or other buying and selling sites are not price lists, nor of course and they have no substance to some prices that anyone can propose without any restrictions on anything.

So it is very easy for someone to put up on eBay for sale e.g. a simple transaction coin of two Euros and “asking” for a million!

Of course this makes no sense.

After the specific posting on Ebay, the specific incident spread quickly and thus in combination with the justified ignorance but also the hope of some for an extra income from one and “click fishing” (to achieve a lot of traffic) some low-level websites from the other, went ‘viral’ a ‘mistake’

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