04 Nisan 2011

Selling Coins

 

 

Selling coins for the best possible price is done by following the well tested methods used by the coin collecting community.
Box of Old Coins
Collectors routinely sell some of their coins and use the proceeds to upgrade their collections. And in every case the basic method of getting the most for their coins is the same.
Here are the two main points successful collectors adhere to when selling coins.
  • First and most important, understand the value of your coins in order to know what to expect is a reasonable offer.
  • Certain coins sell best to certain dealers. Low value, medium and high value coins each have their unique best selling practices.
These two key points, when kept in mind steer your decisions about the rest of the details covered below.

Know the Value of Your Coins

To often people over value most of their coins, and unfortunately, under value the truly rare coins.
In order to place yourself closer to an equal footing with the dealer as you negotiate selling coins, have an accurate understanding of their wholesale value.
Use the value charts of the different series throughout this site. They alert you to, and describe, the factors determining value, such as date, mintmark, and the condition of your coins.
Now sell old coins up to their true potential by separating your collection into low - medium and high value coins, enabling you to find the best dealer for each

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