Frequently Asked Questions
Are Banknotes from the Republic of Zimbabwe Money or Currency?
Zimbabwe banknotes sold by the Great American Coin Company® are sold as collectibles and are not considered currency. Zimbabwe bank notes consist of former currency from the Republic of Zimbabwe. The Republic of Zimbabwe is currently on the United States Dollar standard. The Zimbabwe notes sold by the Great American Coin Company®, including the 10 Trillion Dollar Zimbabwe Note, The 50 Trillion Dollar Zimbabwe Note and the 100 Trillion Dollar Zimbabwe Note have no currency value and are considered collectible/novelty items only. The Great American Coin Company® does not provide guidance for future prices, nor do we comment on rumors in the market place related to this or any product. Great American Coin Company prices for Zimbabwe Banknotes are based on current market prices which are determined by supply and demand. We recommend that any buyer of this item takes time to educate themselves regarding this product prior to purchase. Purchasing of Zimbabwe Banknotes for any reason other than collecting is highly speculative and is not endorsed or recommended by the Great American Coin Company. The Great American Coin Company does not guarantee any future price or value for Zimbabwe notes. The buyer takes sole responsibility for the purchase of Zimbabwe Banknotes from the Great American Coin Company.
Is the Global Revaluation or RV Genuine?
In regards to a 'Global Revaluation' or 'RV' of international currencies versus the US Dollar, the Great American Coin Company® has seen no evidence indicating that this is in any way genuine. It is the postion of the Great American Coin Company®, that with the exceptions of normal currency fluctuations, that no 'Global Revaluation' of currencies will occur.
My Package Did Not Arrive on Time - Can I Get A Shipping Refund?
The Great American Coin Group LLC does not guarantee any specific delivery date for any package. Our only guarantee is that we will ship an item within 0-3 BUSINESS days by the class chosen by the customer. Delivery dates posted by our website - www.greatamericancoincompany.com and by the USPS or other carriers are "Estimated Dates" only. The Great American Coin Group LLC does not provide shipping refunds nor do we coordinate with the USPS or other carriers on behalf of the customer when a package does not arrive by the estimated delivery date. The Great American Coin Group LLC and www.greatamericancoincompany.com are not responsible for packages delivered late by any carrier.
How much is my coin worth?
Well, that depends on the particular coin. All coins are graded according to their condition, or how much wear or damage the coin has suffered. Other factors coin collectors consider are the base metal, rarity and mint mark. Given these circumstances, we would have to look at your coin to accurately determine its value.
How are coins graded exactly?
Grading is a system of determining the state of preservation and wear of a coin. It consists of a 70-point scale and an abbreviation for an adjective appended for clarity. These abbreviations include VF for “Very Fine”, EF for “Extremely Fine” and MS for “Mint State.” However, uncirculated coins are always referred to as Mint State on the grading scale.
How can I identify the coins that I have?
Most U.S. circulated coins have their denomination and date engraved. Using a magnifier, locate these markings. Then look them up in the U.S. Coins Red Book. This book includes a detailed description of every U.S. coin as well as their retail value at the time the book was printed. However, this is the buy price, which is more than a dealer will pay you for the particular coin. If you have troubles identifying the coin contact a coin dealer.
What is silver bullion?
Silver bullion is silver that comes in the form of bars, coins or rounds. The most common silver bullion coins are American Eagles and Canadian Maple Leafs. The cheapest way to buy silver bullion is in the form of silver bars. However, many investors prefer coins to bars because they are minted and offer greater flexibility when it comes time to sell.
What is a Silver American Eagle worth?
The Silver American Eagle is unique in that it’s the only silver bullion coin whose weight, content and purity are guaranteed by the U.S. Government. It contains one troy ounce of silver, which is 99.9% pure and is legal tender. The Eagle’s price is based on the current market “spot price” plus a dealer premium per coin.
Is collecting in gold and silver a good idea?
Precious metals are some of the most lucrative assets for any collector. Unlike the stock market, buying gold and silver can be insurance against a turbulent economy. Because the value of precious metals tends to fluctuate over time, it’s important to consider current market trends before buying or selling any gold or silver.
What are U.S. Mint Proof sets?
Each year, the U.S. Mint offers uncirculated, proof coin sets. Made of silver and other precious metals, these sets commemorate the history of our Nation along with the heritage of coin collecting. Proof sets make the perfect addition to any coin collection, and great gifts too!
How should I store my coins?
The easiest and cheapest way to protect your coin collection is by using cardboard coin holders. These holders have circular holes that fit the coin exactly and hold it firmly in place. Underneath each hole is a date and/or description of which coin belongs there. You can also purchase coin slabs or plastic covers for added protection.
Do you sell any particularly rare coins?
Yes, the Great American Coin Company offers a wide selection of old United States and international gold and silver coins as well as any specific rare dates you may be interested in. If there is a particular coin/date you do not see on our website, please contact us. We would be happy to help.
What is your return policy?
If you need to return or exchange an item, please follow these instructions:
• You will receive your return authorization number via email within 12-24 hours.
• Returns must be made within 7 days from the date of receipt.
• Make sure your name, address and return authorization number are stated clearly on the return address portion of the package, and please include a copy of your shipping invoice.
• If you ship from a mailing center, they typically use their address, so be sure to request that your address be featured.
• There are no returns, exchanges, or refunds on genuine United States coins, unsearched lots of coins and gems, or slabbed/professionally graded coins, United States silver and gold certificates, Federal Reserve notes, international currencies or world banknotes.
• It is the responsibility of the buyer to inspect all merchandise upon receipt. If there is an issue with any shipment sent by the Great American Coin Group LLC, including; damaged or defective merchandise, missing item(s), or incorrect order/shipping error, the Great American Coin Group LLC must be notified within 7 business days of receipt of package.
• For Returns, address the securely wrapped, prepaid, insured package to:
Great American Attention: Returns 269 S Beverly Dr. STE 609, Beverly Hills, CA 90212
You will be refunded for the entire cost of the product excluding all shipping costs. Return shipping is at your expense. You will be notified by email when we receive your return and the amount refunded.
• Please contact firstname.lastname@example.org to request a return authorization number. We will reply within 24 hours.