How to Find Out the Value Of Your Challenge Coin Collection

Have you put together a big challenge coin collection over the years? Then you might be wondering what it’s worth right now.

Valuing challenge coins is often more difficult than you might think. But there are some ways in which you can see what the challenge coin value is of your entire collection.

Today, we’re going to run through some of the options that you’ll have when you’re attempting to get to the bottom of the value of your challenge coin collection. We’re also going to discuss a few of the options that you’ll have if you’re ever interested in selling challenge coins off.

You’ve spent a long time collecting challenge coins. So you should make sure that you do everything in your power to get the most value possible from them if you decide to sell your collection.

Here is how to value your challenge coin collection.

Begin by Talking With a Professional Challenge Coin Collector

You might think that you have a serious challenge coin collection on your hands. But there’s a pretty good chance that your collection is nothing compared to the collections that some professional challenge coin collectors have created.

If possible, you should try to find a professional challenge coin collector in your area and have them inspect your challenge coin collection. They may be able to provide you with the value of your collection based on what they know about what challenge coins are worth.

This isn’t always a foolproof method for valuing challenge coins. Some collectors might lowball you in an effort to get you to sell them your challenge coin collection for cheap. But if nothing else, you should be able to get some sense as to which of your challenge coins have the most value by taking this approach.

See If a Challenge Coin Dealer Can Help You Out

In addition to seeking the help of a challenge coin collector, you should also see if you can track down a challenge coin dealer in your area. This challenge coin dealer is going to know the ins and outs of the challenge coin industry due to the fact that they routinely sell challenge coins to people.

They might be willing to help you put a price on your challenge coin collection by evaluating it for you. They might also take an interest in some or even all of the challenge coins that you have and want to buy them from you.

Once again, you should beware of challenge coin dealers who might try to tell you that your challenge coin collection is worth less than it is so that they can get a great deal on it for themselves. But you also shouldn’t be shy about using a challenge coin dealer as a resource when you’re trying to see what your challenge coin collection is worth.

They’ll be able to look at both your standard and custom challenge coins to provide you with more information on them.

Take a Look at How Much Challenge Coins Are Selling for Online

If you want to know what other people have been able to sell their challenge coin collections for, you should be able to find out by poking around online on websites like eBay. You can actually see some of the challenge coin-related auctions that have closed over the last few weeks.

You can also consult the experts at Back to the Past Collectibles to help you determine the value of your coin collection. They have a wide range of hard-to-find collectibles and have been doing business with people who are into buying or selling collectibles for more than 30 years.

This should literally tell you what you might be able to expect to make by selling certain challenge coins. Other people might tell you that they’re worth more or less than what people have sold them for on eBay. But the fact that these sales will be recent will illustrate that they’re worth right around what people just paid for them.

Speak With an Auctioneer Who Has Experience With Challenge Coins

Believe it or not, there are still quite a few live, in-person auctions that take place throughout this country on a regular basis. If there are ever any that happen in your city, you should see if you can touch base with a local auctioneer. You can talk to them about your challenge coin collection.

Challenge coins and other types of coins are typically a pretty hot item at in-person auctions. With this in mind, you might be able to get an accurate challenge coin collection appraisal from an auctioneer who has gotten into the habit of auctioning off challenge coins all the time.

You might also want to think about auctioning off your challenge coin collection if you’re interested in parting ways with it. It’s a great way to potentially drive the price of your collection way up.

Show Your Challenge Coins to Someone at a Pawn Shop

Ideally, you should try to steer clear of selling a challenge coin collection to a pawn shop. You’re not going to get anywhere close to what your challenge coins are worth if you take this approach to selling them.

But it couldn’t hurt to speak with someone at a pawn shop to try and gauge how much your challenge coin collection may be worth. They may be able to provide you with a basic valuation. It will, at the very least, give you a solid starting point when you’re wondering about your collection’s value. 

Do Your Best to Discover What Your Challenge Coin Collection Is Worth

It can be very, very challenging to properly value a challenge coin collection. Some challenge coins don’t have much value at all, and others have way more value than you would have guessed.

You should put some of the methods listed here to the test to see if you can figure out what your challenge coin collection is worth. You may want to test out as many of them as you can so that you’re able to inch your way closer to valuing the challenge coins in your collection accurately.

Learn more about challenge coins and what they could be worth by reading the other informative articles on our blog.