Coin Appraisal for Estate Tax

5.0from 80+ client reviews

Coin appraisals for estate tax, prepared in accordance with IRS estate tax requirements (Form 706). AppraiseItNow provides IRS-defensible numismatic valuations using auction comparables and certified grading data, helping executors file accurately and avoid costly disputes.

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USPAP-CompliantOnsite or OnlineIRS Qualified

DEFENSIBLE, USPAP-COMPLIANT COINS APPRAISAL REPORTS — QUALIFIED FOR THE IRS, PROBATE COURTS, AND ESTATE ATTORNEYS.

  • IRS
  • United States Courts
  • Chase
  • Bank of America
  • State Farm
  • Goodwill Industries
  • Wells Fargo

The personal property team behind your fair market value appraisal

Between them, our personal property appraisers hold ISA and CAGA designations, and every report is written to USPAP for the IRS, probate courts, and estate attorneys.

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
  • Fair market valueThe IRS definition of value that Form 706, probate courts, and gift tax filings apply
  • International Society of AppraisersAccredited Member
  • Certified Appraisers Guild of AmericaCertified Appraiser
  • The Appraisal FoundationAuthorized by Congress as the source of appraisal standards

Coin Appraisals for Estate Tax

When a decedent's estate includes coins valued above $3,000, IRS rules require a qualified appraisal attached to Form 706 to establish fair market value as of the date of death. This valuation supports accurate estate tax reporting and sets the stepped-up cost basis for heirs under IRC Section 1014(a), which can significantly reduce capital gains exposure on future sales. Our personal property appraisal services cover numismatic collections, bullion holdings, and mixed coin estates of all sizes, with appraisers who hold recognized credentials and carry specific competency in numismatics.

AppraiseItNow delivers coin appraisals both online and onsite across the United States. Whether an estate requires a desktop review of grading certificates and auction records or an in-person examination of a large collection, we accommodate both. Our estate tax valuation services are designed to meet IRS qualified appraiser standards and produce reports that hold up to scrutiny.

Coins We Appraise for Estate Tax Purposes

AppraiseItNow appraises a wide range of coin types commonly found in estates, including:

  • U.S. rare and key-date coins, including early American copper, silver, and gold issues
  • Certified coins in PCGS or NGC holders, with valuations referencing current population data and auction comparables
  • Uncertified or raw coins requiring condition assessment and grade estimation
  • Bullion coins such as American Gold Eagles, Silver Eagles, and Maple Leafs, with consideration of both melt value and any numismatic premium
  • Ancient and world coins from foreign mints, including European, Asian, and pre-modern issues
  • Proof and mint sets, commemorative issues, and modern collector series
  • Error coins, die varieties, and other numismatic rarities requiring specialized market research
  • Currency and paper money collections held alongside coin estates
  • Coin lots, accumulations, and unsorted collections requiring full cataloging and itemized valuation
  • Collections with documented provenance, auction pedigrees, or prior ownership by notable collectors

How AppraiseItNow Handles Coin Appraisals for Estate Tax

  • Appraisers examine each coin's grade, condition, metal content, rarity, and recent comparable sales from major auction houses including Heritage Auctions and Stack's Bowers, producing an itemized report that meets IRS Form 706 attachment requirements and includes the executor's documentation needs.
  • Reports are prepared in compliance with USPAP and identify the appraiser's qualifications, methodology, and the specific market data used to support each valuation, giving executors and attorneys a defensible record if the IRS questions any figures.
  • AppraiseItNow appraisers hold credentials through recognized professional organizations including ISA, ASA, AAA, CAGA, AMEA, and NEBB, and bring numismatic-specific expertise rather than general personal property knowledge alone.
  • Engagements can be completed remotely using photographs, grading certificates, and prior documentation, or conducted onsite when physical examination of a large or complex collection is warranted, with turnaround times designed to support Form 706 filing deadlines.

What clients say we are known for

AppraiseItNow Reviews: “I will definitely use their services again” and “The process was smooth and hassle-free”

  1. Being the appraiser they come back to“I highly recommend their services” Bruce A.Mentioned in 44 reviews
  2. Answering fast, and staying reachable while the work runs“From the start they were very responsive, price competitive” Chris S.Mentioned in 34 reviews
  3. Showing the research and the comparables behind the number“Very thorough and professional — great communication and outstanding service” Curt B.Mentioned in 29 reviews
  4. Delivering the finished report ahead of the deadlineMentioned in 21 reviews
  5. Taking on items other appraisers had already turned downMentioned in 14 reviews

Across 80+ published AppraiseItNow reviews the picture is consistent: every one is from a client who paid us for an appraisal, and the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.

  • The estate appraisal for our car and rugs was handled quickly and efficiently. The process was smooth and hassle-free.
    Kendall K. , Minneapolis, MN ·

    Personal Property Appraisal for Estate Tax

  • It is a pleasure to work with Joe and his team. They communicate every step along the way and made the process simple for us to have more than 35 firearms appraised. It was all done in a timely manner and the final report is easy to understand. I highly recommend their services.
    Bruce A. , Saint Johns, FL ·

    Gun Appraisal for Probate

  • Fast and friendly service. I will definitely use their services again!
    Preety A., Miami, FL ·

    Personal Property Appraisal

  • From the start they were very responsive, price competitive, and had a quick turn around time. Thank you so much to Joe who was very sweet in responding to my emails; I am looking forward to utilizing AppraiseItNow for many years to come.
    Chris S., San Clemente, CA ·
  • Very thorough and professional — great communication and outstanding service. Highly impressed with their work!
    Curt B. , Washington, UT ·

Frequently Asked Questions on Coin Appraisals for Estate Tax

Are estate coins valued at face value?

No. Revenue Ruling 78-360 holds that even legal-tender silver coins enter the gross estate at fair market value under Treasury Regulation 20.2031-1(b), and rare or numismatic coins are treated as property other than money. Inventorying key-date or graded coins at face or undifferentiated melt value is a classic error the IRS recharacterizes at much higher collectible values.

When must a coin appraisal accompany Form 706?

Once the collection's numismatic or intrinsic value exceeds about $3,000, the regulations contemplate a sworn expert appraisal attached to the return, and IRS practice expects a qualified appraisal for collectibles or similar-item groups above $5,000. The report should cover grade, mintage and rarity, certification population data, and auction comparables as of the date of death.

How is bullion handled differently from numismatic coins?

Bullion-type holdings, including pre-1965 junk silver, are valued from the published spot metal price on the date of death multiplied by documented quantity. Numismatic pieces require asset-specific evidence: condition and grading, rarity, and recent auction results, since IRS Publication 561 notes large value differences between mint-state and merely good examples of the same coin.

Do heirs need the decedent's purchase receipts?

No. Basis for inherited coins is their fair market value at death, not what the decedent paid, so original receipts are irrelevant. What heirs should document is the quantity and the date-of-death market evidence, because that stepped-up value controls both the estate reporting and the capital gain when the coins are eventually sold.