A man has 14 coins in his pocket, all of which are dimes and quarters. If the total value of his change is $2.60, how many Dimes and how many Quarters does he have?
8 quarters and 6 dimes.
8 x $.25 = $2
6 x $.10 = $.60
your welcomee[:
When you are looking to buy coins or to sell them as well, the first thing that comes to mind is determining the real values of the coins in question. At times the offer a dealer makes would mean nothing compared to how much you personally value it – after all the coin becomes much more valuable to you if it is going to complete a series.
These factors determine the value -
1. Speaking about the condition or quality of the coin, the coins which are not used in the market wand if they are in still good condition will be more valuable than the coins which are in the market.
2. Coin is most valuable when it is not very much available in other words rare. The price of the coin depends on how rare the coin is we should remember that when a coin is rare it need not be very old aged coin the coins from china are very old coins like thousand and more years of age but each goes for a cost value of just ten dollars as they are lots in number; where as a liberty head nickel coin from 1913 has a cost value of more than one million $ because of the only reason that there are a few of such coins present.
3. Bullion value. Value of coins also depends on the quality it is made of. The coins which are made platinum or silver and some times gold will not, in general have a selling price less than the coins value when melted.
4. The higher the demand of a coin the higher is their prices and these prices are decided by the people in business. Coins which have higher values are those which are really very famous between these people who deal with them.
For example, a coin from 1916 the D Dimes are more in number than the coins from the year 1798 dimes. Still in spite of this the coins from 1916 the D dimes have more selling value because the number of individuals collecting twentieth century dimes than coins from 1700 dimes.
The following are the ways to determine the value of a rare coin:
1. its very important the way you can precisely and very accurately classify the coins and then also know it’s true value. This can be done by using the net as a source of information from the various guides available online to know what coin has what specific value.
As every single day the prices of these coins changes and so it becomes very necessary to have a track of their new values. It’s best if you can find the best guide to coin rates to vlaue your collection. Once you have the real valid value in mind, you can obviously trade much more efficiently.
Abhishek Agarwal
http://www.articlesbase.com/collecting-articles/valuing-your-coins-tips-to-determine-their-right-price-739678.html
When just beginning in coin collecting, often the first question is: “What is the value of my coins?: and the answer is that the coin will cost as much as you are willing to pay for it and the amount can vary greatly. For example, a coin dealer’s offer can be considerably less than a coin collector that really wants your coin badly to add in his or her collection.
Here are some factors that go into finding the true value of a coin.
For example, “1916 D dimes” are much more common than the “1798 dimes” yet in spite of this, “1916 D dimes” sell for so much more because there are many more individuals collecting 20th century dimes than 1700 Dimes.
Here’s how you can determine the approximate value of your coin:
Everyday coin values are changing; so you need to use a “coin price guide” that is updated on a daily basis to obtain the current coin value. Look at online sites that offer step by step guidance on how to recognize your coin the proper way.
You can also check current coin prices by basing it on the actual dealer coin price found in magazines and newspapers or online auctions such as Yahoo, Coin World, eBay or Teletrade.
Always keep in mind that you are not collecting coins primarily for money; you collect for enjoyment and self gratification, and profit is to be last consideration. The plain fact that a certain coin does not have a large monetary value, does not necessarily suggest that it is no longer interesting or fascinating or that it must not be included in your collection.
Each coin will have a certain interest in itself, regardless of the condition that it is in and regardless of its monetary value. There will always be a certain characteristic that will draw you to that particular coin; so when it does, then you should have it in your collection. Good luck!
Mandy Malone
http://www.articlesbase.com/collecting-articles/what-affects-the-value-of-a-coin–669698.html
Hen did the silver content in canadian Dimes get reduced and what is the difference in silver content.
Canadian dimes were initially 92.5% silver and the rest nickel. In 1920 the silver was reduced to 80%, and in 1967 the content of the centennial dime was half silver and half copper.
In 1968 all silver was removed from the dime, half dollar and silver dollar these began being minted with nickel. The latest change occurred in 2000, when the dime started being minted with 92% steel alloy and 5% copper and is nickel-plated.
These Dimes are untouched by raw human hands,They all have a super mirror finish.Remember this is the last year that proofs were minted @ Philly.So what would their value be if graded?
Go with Chris on this for the coins do not, as he said have a great value and it will cost more than the coins are worth to grade them. On rare coins that cost can be add on to the coins value to be paid in the end by the buyer. That is not true of coins that don’t have much of a value yet. It is best to wait and see where their value goes in the next few years. By the way the Philly mint still makes proofs, but not proof sets, a lot of modern proof commemorative coins are struck there. I hate to see you waist your money now.
Is it a counterfeiting defense, or just one of those anomolies in the universe, that nobody can explain?
Nowadays, it’s just tradition. Originally, larger denomination coins such as dimes and Quarters were made with silver or gold, and the ridges on the edges were to prevent people from shaving off bits of the metal. Nickels and pennies were made with cheaper metal, where such shaving wouldn’t have been profitable, and thus were made without the ridges. (The metal difference is also why Dimes are much smaller than nickels or Pennies – the silver they were made from was worth more than the larger amount of copper or nickel used in the lesser values.)
I have a bunch of Dimes from the 1910′s to the 1960′s. Anyone know where I can find out how much they are worth?
The person that is a collector/hobbyist for 50 years should know a dime is an American coin. In Canada it is a 10 cent coin not a dime. The early coins such as the 1910 as well as the ones through the early 1930′s may have collector value. One need to look for mint marks on them also. The coins from the 1950′s and 60′s if circulated have a silver value only. if you wish to send me a list I can get you the values. I allow email so send the list that way or as for my address to send them too. A coin dealer or 2 can help, as well as a coin club member. There are also price guides out there such as the monthly Coin Values by coin World. Hope this helps.
What is average?
What is too cheap?
I used to walk in these things all the time and no one sponsored me; so that is why I don’t know.
Well, it depends on how long you expect the person walking to walk, and how much you can afford. It’s a good cause though. If it is less than 10 miles, I would do $1 per mile.
Dana
decreased by 10 the value of the coins would be 9.85 how many dimes he have?
To answer this problem you need to set up two equations. For both equations, let x=number of dimes and let y=number of nickels. Since the value of each dime is ten cents and the value of each nickel is five cents, the first equation is
10x + 5y = 605
(using cents instead of dollars allows us to use whole numbers)
For the second equation we’ll replace x with 2x to account for the number of dimes being doubled, and we’ll replace y with y-10 to account for the number of nickels being decreased by 10. And of course, we’ll also have to replace the 605 with the new total value, 985.
This results in the equation
10(2x) + 5(y-10) = 985, which can be simplified
20x + 5y – 50 = 985
20x + 5y = 1035
The original equation, 10x + 5y = 605, can be combined with the new equation, 20x + 5y = 1035, in order to solve for both variables.
Equation 1: 20x + 5y = 1035
Equation 2: 10x + 5y = 605
Subtracting each term of equation 2 from each term of equation 1 results in the equation
10x = 430.
Dividing both sides of this equation by 10 gives the value of x,
x = 43.
To find how many nickels there are, insert this value for x into the original equation:
10(43) + 5y = 605
430 + 5y = 605, then subtract 430 from both sides to get
5y = 175. Dividing both sides by 5 gives the value for y,
y = 35. So there are 43 dimes and 35 nickels. The value of the dimes is 430 cents, and the value of the Nickels is 175 cents, giving a total value of 605 cents, or $6.05.
Doubling the number of Dimes would give a value of 860 cents in dimes, and decreasing the number of nickels by ten would give us 25 nickels, and a value of 125 cents in nickels, resulting in a total amount of 985 cents, or $9.85. Thus all the conditions stated in the problem are satisfied by the values x = 43 and y = 35.
Ompol has 32 coins (in dimes and Quarters) in her piggy bank with a total value of $6.50.
No. of Dimes—d:
10d + 25(32 – d) = 650
2d + 5(32 – d) = 130
2d + 160 – 5d = 130
3d = 30
d = 10
No. of quarters:
= 32 – 10
= 22
Answer: 10 dimes & 22 quarters