It's no secret that mint condition gold coins are worth a lot more than ones in fair or poor condition. Unused or undamaged coins almost always have a greater value than those in poor or indifferent condition. More factors than just age determine the value of a coin to collectors. While age and rarity are important factors when determining the value of a coin there are other factors that affect the coin's value in the eyes of a collector. Market value is as much a determination of demand as any other factor.