Age Alone Doesn’t Determine The Value Of An Item
While age alone can be a factor in some types of collectibles, age alone does not drive value. What does that mean? For example, a 96 year old coin, while old, may not be worth that much because coins are designed to last and are typically produced in large numbers. So while it’s an old piece, a 96 year old coin may not be rare enough to have substantial value. Do all coins and/or collectibles “work” this way? Not necessarily. The best way to determine if your older item has value is to have Family Legacy appraise it for you. You can also learn more by checking out our other informational videos.