Coin Appraisal for Charitable Donation

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Coin appraisals for charitable donation, prepared in accordance with IRS Form 8283 qualified appraisal requirements. AppraiseItNow provides USPAP-compliant fair market value reports grounded in auction comparables and numismatic grading, protecting your deduction at filing.

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USPAP-CompliantOnsite or OnlineIRS Qualified

DEFENSIBLE, USPAP-COMPLIANT COINS APPRAISAL REPORTS — QUALIFIED FOR THE IRS, RECEIVING CHARITIES, AND TAX PREPARERS.

  • IRS
  • Goodwill Industries
  • The Salvation Army
  • Habitat for Humanity
  • United Way
  • United States Courts
  • Chase

The personal property team behind your Form 8283 qualified appraisal

Between them, our personal property appraisers hold ISA and CAGA designations, and every report is written to USPAP for the IRS, receiving charities, and tax preparers.

Joe Kattan

Joe Kattan

Owner & CEO

Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.

Anne Hay

Anne Hay

Personal Property Appraiser

ISA Accredited Member with 30 years in the trade, from running estate sales and an auction gallery to appraising luxury apparel, furniture, artwork, antiques, and business assets, primarily for IRS tax filings.

Jason Dolph

Jason Dolph

Machinery & Equipment Appraiser

Third-generation auctioneer and CAGA Certified Appraiser with more than 20 years valuing machinery, equipment, vehicles, business assets, and estates for banks, attorneys, and trustees across the Carolinas.

Ashley Innes

Ashley Innes

Personal Property Appraiser

ISA Accredited Member specializing in Asian art, with a Master's from SOAS and a Postgraduate Diploma in Asian Art. Ashley chairs the ISA's Antiques, Furnishings, and Decorative Arts committee and appraises for charitable donation, insurance, and equitable distribution.

Aron Blue

Aron Blue

Client Success Manager

Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.

  • USPAPWritten to the Uniform Standards of Professional Appraisal Practice
  • IRS Form 8283Qualified appraisal by a qualified appraiser, as Form 8283 Section B requires
  • International Society of AppraisersAccredited Member
  • Certified Appraisers Guild of AmericaCertified Appraiser
  • The Appraisal FoundationAuthorized by Congress as the source of appraisal standards

IRS Form 8283

Form 8283 requirements for coins donations

Once the deduction you claim for donated coins passes $5,000, the IRS requires a qualified appraisal and Section B of Form 8283. We prepare the appraisal and complete the appraiser's part of the form.

A qualified appraisal is required for items reportable in Section B and in certain cases must be attached.
Form 8283, Section B: Donated Property Over $5,000
Over $5,000
Section B and a qualified appraisal, for any one item or group of similar items claimed at more than $5,000.
Parts IV and V
Our appraiser signs the Declaration of Appraiser in Part IV; the receiving charity acknowledges the gift in Part V.
Dating
The appraisal is dated no earlier than 60 days before the donation and no later than the due date of the return, extensions included.
Over $500,000
The full appraisal is attached to the return, as it is for art claimed at $20,000 or more.

Read our full guide to Form 8283 appraisals

Page two of IRS Form 8283, carrying Part IV, the Declaration of Appraiser, and Part V, the Donee AcknowledgmentPage one of IRS Form 8283, Noncash Charitable Contributions, where property donated for more than $5,000 is reported in Section B
Form 8283 page 1, where Section B reports the donated property, and page 2, where the appraiser signs Part IV. We prepare the qualified appraisal it is filed with.
What drives the number
Grade and rarityTwo coins sharing a date and a denomination can appraise far apart once grade, mint mark, die variety, and strike are read.
Evidence we cite
Auction recordsRealized prices for comparable certified examples, read against PCGS and NGC population data for how scarce that grade actually is.
Bullion holdings
Metal plus premiumMetal content and any numismatic premium for date, mintage, or grade are stated as separate components of the value.
How the work runs
Online firstPhotographs, slab certification numbers, and an inventory carry most collections, with onsite work arranged for large holdings.

AppraiseItNow appraises donated coins on grade, mint mark, die variety, and strike, the characteristics the numismatic market actually prices

A coin's denomination tells you almost nothing about what it is worth. We describe and value each piece on its own characteristics, record the grade and the certifying service for every coin, and support the figure with sales of comparable examples in comparable grade, so the fair market value in the report can be traced back to a specific piece.

Coins and bullion

Numismatic and bullion holdings alike

Coins reach museums, historical societies, universities, and other qualifying organizations in every form a collection holds, and we appraise the full range:

Slabbed or raw

Certified and ungraded coins are read differently

A slabbed coin arrives with a grade already assigned by PCGS or NGC, so we verify the certification number and check the population data behind that grade. A raw coin is graded as part of the appraisal, and the report states the grade concluded and the basis for it rather than leaving condition to a reader's judgment.

Bullion

Metal content and numismatic premium, kept apart

An American Gold Eagle or a Maple Leaf draws most of its value from metal content, while a scarce date, a low mintage, or a high certified grade can add a premium on top of it. We state those two components separately so a reviewer can see what part of the value moves with the metals market and what part does not.

Provenance

Pedigree, when a coin has one

A piece traceable to a named collection or a documented recovery can be worth more than an otherwise identical example without that history. We record what documentation exists, and where provenance affected the conclusion we say so in the report instead of folding it silently into the number.

We appraise a whole coin collection in one report, with every piece itemized and valued on its own line

Donors rarely give a single coin. A date run, a type set, or a lifetime accumulation can go to one organization on one date, and a single report can carry all of it as long as each piece has its own line: description, grade, certification number, and value. Our appraiser signs per item on Form 8283 where the instructions call for it, and the report's schedule maps to those entries line for line.

Inventory first

The work starts coin by coin

Before anything is valued we build or verify the inventory: denomination, date, mint mark, grade, certification number, and holder type for every piece. Donors usually arrive with album pages, a dealer's old list, or a box, and getting that inventory right is what lets the rest of the report stand up.

What a reviewer gets

What a reviewer receives

The written appraisal carries, for each coin and for the collection as a whole:

  • Description with date, mint mark, and variety
  • Certified or concluded grade
  • Certifying service and certification number
  • Valuation methodology
  • Comparable sales relied on
  • Value per item and in total
  • Contribution and valuation dates
  • The appraiser's signed declaration

How we see the coins

Photographs, holders, and certification numbers

Most coin collections are appraised online. We work from obverse and reverse photographs, the certification numbers on slabbed pieces, and the inventory itself, and we arrange onsite work for large holdings that warrant handling in person.

Our coin donation appraisals are prepared to USPAP under the qualified appraiser standard in IRC Section 170(f)(11)(C)

The donation rules test who produced the value as closely as they test the value itself. Our appraisers hold credentials with organizations such as the ISA, ASA, and AAA, and they value numismatic and bullion property regularly rather than occasionally.

Numismatic experience

Numismatic experience behind the signature

A coin appraisal is only as good as the person reading the coins. The report names the qualifications relied on and the experience that supports them, because an appraiser's standing is part of what makes the deduction defensible and not a detail to be discovered later.

Standards

USPAP compliance on every donation report

Every coin donation report we prepare is USPAP compliant and written to the qualified appraisal requirements. The Form 8283 section above covers the filing mechanics; USPAP governs what has to be inside the report before it ever reaches the form.

What charitable donation clients say we are known for

Charitable Donation Appraisal Reviews: “they were wonderful” and “The AppraiseItNow team was great to work with”

  1. Being the appraiser they come back to“I highly recommend them” Mikki F.Mentioned in 5 reviews
  2. Showing the research and the comparables behind the numberMentioned in 4 reviews
  3. Taking on items other appraisers had already turned downMentioned in 4 reviews
  4. Answering fast, and staying reachable while the work runsMentioned in 3 reviews
  5. Delivering the finished report ahead of the deadlineMentioned in 3 reviews

Across 11 published charitable donation appraisal reviews, every one from a client who paid AppraiseItNow for an appraisal, the three things they raise most often are that they would hire us again, how much research is visible in the report, and our taking on items other appraisers turned down.

  • AppraiseItNow Inc. is the best company I was lucky to find by accident. I was looking for someone to appraise cabinets for a donation to charity. I asked for multiple referrals, called multiple appraisal services, etc., and no one could help me. I found AppraiseItNow and from the moment I started working with them, they were wonderful! Joe guided me on what I needed to send him, what needed to be done and stayed in touch with me the entire time. Their customer service is OUTSTANDING and a welcome surprise in today’s world where good customer service is an anomaly! They returned an appraisal in a timely manner, it was clear, concise, cost-effective and exactly what I needed. They followed up with me multiple times to ensure that I received it and everything was OK. My CPA is also thrilled to have them as an accredited appraisal service he can use for other clients. I rarely leave reviews, but I could not pass giving them 5 stars and I’d give 10 if possible! THANK YOU JOE AND ALL AT APPRAISEITNOW!!👊🏼
    Lisa K., Tampa, FL ·

    Personal Property Appraisal for Charitable Donation

  • I asked AppraiseItNow to value a piece of sports memorabilia for purposes of a charitable donation. The item is rarely sold. Their research unearthed an important recent sale of a similar item, which I had not found previously, and which the first appraiser I used had not found either. AppraiseItNow was a good deal more expensive than the first service, but they crafted a detailed report in which I have much more confidence. They also helped me make sure the correct tax forms are used. Thank you!
    Cynthia W. , Carmel-by-the-Sea, CA ·

    Sports Memorabilia Appraisal for Charitable Donation

  • I’d have given them 10 stars if it were possible. After weeks of frustration awaiting four different appraisers to return my calls I stumbled across AppraiseItNow. They were quick to reply, incredibly helpful, knowledgeable, professional and managed to make it fairly simple. I highly recommend them!
    Mikki F., Bethesda, MD ·

    Furniture Appraisal for Charitable Donation

  • The AppraiseItNow team was great to work with. We hired them to appraise some precious metals for a charitable donation, and they were very helpful throughout the process. They provided clear instructions on how to submit photos and item descriptions, and delivered the appraisal and IRS forms within just a few days. Thank you so much, highly recommended!
    Perry O. , Kaysville, UT ·

    Bullion Appraisal for Charitable Donation

  • By far the best of the best when it comes to an appraisal company. Truly professional owner who provides a detailed appraisal in an efficient and better than expected delivery time. A must GO TO Company. Would recommend to anyone.
    Jeff R., Washington, DC ·

    Clothing Appraisal for Charitable Donation

  • It is with great pleasure that I give the highest score for their work. I needed antique book appraisals for my beloved but sadly departed wife's antique book collection she wanted to donate to the Remnant Trust. It was a true pleasure to work with this group.
    Richard H., Williamsburg, VA ·

    Memorabilia & Collectibles Appraisal for Charitable Donation

Frequently Asked Questions on Coin Appraisals for Charitable Donation

Which market sets the value of donated coins?

The retail market where a collector buys, not the dealer's buy price. A U.S. Court of Appeals decision cited in numismatic guidance pegs the deductible value to what the coins would sell for from a dealer to a collector, so valuations built on dealer bid sheets systematically understate the allowable deduction.

At what value does a coin donation require a qualified appraisal?

Above $5,000 in claimed deduction for an item or group of similar coins, a qualified appraisal by a qualified appraiser is mandatory, and noncash donations over $500 must be reported on Form 8283. Staying under $5,000 avoids the appraisal requirement but not the obligation to use defensible comparable-sales evidence.

What evidence must support the appraised value?

Coin-specific market data: comparable auction results and dealer retail sales for equivalent pieces. The IRS disallows or adjusts deductions supported only by insurance schedules, generic price-guide catalogs, or unadjusted list prices, and it expects each item or similar-item group to be described at asset level on Form 8283 rather than lumped into one vague line.

Can I just deduct what I originally paid for the coins?

No. The deduction is the fair market value at the time of donation, which for appreciating collectibles may exceed cost and for others may fall below it. Donors also may not deduct amounts attributable to benefits received in return, such as event access or memberships tied to the gift, which must be valued and subtracted.