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First Filipino Canad Group

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Oekaterinaa Aantonovb
Oekaterinaa Aantonovb

Buy And Sell Coins Near Me

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If so, you have come to the right place! With decades of experience, the creators of Sell Coins Near Me understand that selling single coins or coin collections can be a daunting task. Regardless of if you are a lifetime coin collector or recently inherited a coin collection, when it comes time to sell coins you have many options out there. Our goal is to simplify the process for you by laying out a clear path for you to follow and hopefully educate you along the way.

Now that your coins are separated, it is important to document what you have. Use our Coin Database to match the coins that you have separated with what they are called in the Numismatic (collector) world. We have structured our database to begin with the smallest denomination and works its way up. As you will see, within each denomination the type of coin is listed in chronological order.

Let me start with a disclaimer: 99% of the time you will not receive the value listed in any of the guides that you use for pricing purposes when you sell coins. The guides are just that, a guide for you to establish a range that you could reasonably expect to receive for a coin. In our experience, the guides often show an inflated value to what similar coins have sold for in recent auctions. That means that if the guide says your coin is worth $500, but, recent auctions have had similar coins sell for $300, more than likely you will be offered somewhere around $300 for your coin.

Rarity can be looked at as the number of coins that are still available for purchase today. A coin that only has a few thousand in collectors hands is worth more than a coin that has millions in collectors hands, as you would assume! The rarity of each coin can be found through the guide links at the bottom of each coin description page in the database.

When you sell coins, one of the most important things to understand is the difference between numismatics and melt value. A coin produced with a precious metal such as gold or silver is worth at least the value of the precious metal that it was made with (melt value). Numismatics comes into play when there is an additional collector value, or premium, on the coin.

Prior to 1965, the majority of United States coins contained either gold or silver. Although there are some exceptions, such as war nickels and Three Cent Silver coins, it is safe to assume that all coins minted prior to 1965 from a dime to a $20 Double Eagle contain either gold or silver and have a melt value. The melt value is tied directly to the current Silver Spot Price or Gold Spot Price. Since these coins were made of 90% of the respective precious metal, it is helpful to use a current melt value chart for your coins. Here are links to two useful coin melt value charts from NGC: Silver Coin Melt Values & Gold Coin Melt Values. Any selling premium on top of the melt value comes from the Numismatic Value.

Numismatics is the study of coins, paper currency, and medals. As mentioned above, the prices that collectors will pay are driven by both the rarity and condition of the coin(s). Regardless of the metal composition of the coin, many coins have a very high numismatic value. Using a Half Dollar for example, a 1964 Kennedy Half Dollar has the same amount of silver in it that a 1921 Walking Liberty Half Dollar has. Based on melt value alone, these two coins are of equal value. The difference is the Numismatic Value: a 1964 Kennedy Half Dollar is widely available in any condition and as a result is typically worth just the value of the silver (there are some exceptions to this); whereas a 1921 Walking Liberty Half Dollar could fetch thousands of dollars depending on where it was minted and its condition.

Once you have your collection fairly well documented and an idea of a potential value for your coins, you can reach out to the private collectors, coin dealers, and coin shops in your area. Visit our Search By City page to find those closest to you.

It is hard to believe how the price of gold and silver has risen over the last decade. Everyone sees how they can scrap their jewelry for many times what they paid, but not many people know that the same thing has happened for selling coins.

Whether you decide to sell your coins in-person or online, there are several helpful hints to make your transaction go more smoothly while also getting the most money for your coins. These include the following five tips for the best way to sell coins:

Do you have slabbed coins (i.e. graded coins) Do you have a large collection of mint sets or proof sets There are many great resources to help you gain more knowledge about your coins, including the informative coin articles on this website and publications such as A Guide Book of United States Coins, a popular annual release by Whitman Publishing.

As we pointed out in Tip #2, one common problem is that someone who inherits a coin collection may have no idea what kind of coins they have. Any competent coin dealer will be able to identify the coins for you. But if you'd like to arm yourself with knowledge ahead of time, here's a list of some of the most popular United States coins to collect. The links provided will direct you to images of these coin designs so you can easily recognize them.

For more information about selling your coins to Gainesville Coins, please email us or give us a call at (813) 482-9300. One of our expert coin professionals will be glad to further educate you on how to sell your coins to us and a fair price of how much they might be worth.

Do you have some old coins that you want to sell, but don't know where to start All too often, people who aren't collectors fail to get the best price when selling old coins. This guide will help you become an informed seller and know if you're getting a fair price for your old coins.

The Whitman "Red Book" Guide to US Coins can give you a general idea of the relative rarity of your coins. The prices listed are outdated, but the difference in prices between your coin's date and other dates will give an indication of how rare they may be. Use the information in the Red Book to sort your coins by denomination and rarity.

When it comes to old coins, cleaning counts as damage as well. A coin stripped of its patina may be shiny, but it is also lifeless. Coin collectors will pay much less for a cleaned coin, if they buy it at all.

If there is any question in your mind about the grade of your coin, round down. If one side is worse than the other, go with the lower grade. Anyone you sell your coins to is going to do the same thing. Err on the side of caution to avoid disappointment later.

After determining the condition of a coin as best you can, start researching its value. The CDN Greysheet offers recent retail values for US coins in each grade. CDN's Greysheet and Greensheet are the most trusted price guides in the industry. Greysheet prices are just guidelines though, and local prices may differ.

Now that you have an idea of what your coins may be worth, it's time to decide where to sell them. Different types of coins have different markets. Your corner coin shop is probably not the ideal buyer for your $500 Morgan silver dollar, and a coin dealer with a fancy showroom and gold coins on display may not be the best place to sell Buffalo nickels.

The obvious place to sell your old coins is your local coin shop. They will be your best bet for selling low- to mid-range old coins like Wheat cents, Buffalo nickels, junk silver, and scarce silver coins and silver dollars.

Check online reviews and feedback for coin stores in your area, and choose a couple to visit. Look over their stock to see if they carry the same type of coins you're interested in selling. These dealers are more likely to want your coins and give you a fair price. Some dealers will note on their website which coins they are always interested in buying.

If a dealer has too many of the type of coins you want to sell, they will likely offer a lower price than a shop that is running short on them. This is why you want to visit more than one coin dealer. Local coin shops are not high-volume businesses, so they try to not keep money tied up in excess inventory.

Tell the owner at the start that you aren't in a rush to sell. If they make you an offer, say you'd like to think it over first. After visiting a few coin shops, you should have an idea of the prices in the local market. NEVER say that you need to sell the coin immediately. That gets you an instant markdown on the price offered.

Coin shows offer the chance to meet several dealers at the same time. The largest shows have more than a hundred coin dealers set up to buy and sell. This is the place to sell that "valuable but hard to move" coin. Heritage Auctions will often offer free appraisals at major coin shows - another reason to attend.

On the other hand, dealers will be busy making sales and purchasing coins that are in demand by their customers back home. They might not have the time to devote to carefully looking over your coins, especially if they are busy. That said, if a dealer asks you to come back later, it means that they are interested in your coins. If you have coins that are in demand, you will get a good price at a coin show.

There are several options available when selling your old coins online. The method you choose depends on your estimate of the value of your coins, and how much effort you want to put into selling them.

eBay is one option for selling your coins online, but the high fees and dealing with bidders and buyers personally discourage many sellers from taking this route. That said, an eBay coin auction with clear, detailed photos may bring you more money than you expect.

Online bullion and coin dealers are another option to explore when selling your coins. Especially suited for selling bullion and slabbed coins, large online coin dealers are always in the market for old gold and silver coins as well. The big online coin dealers buy a larger range of old coins and larger collections than brick and mortar coin shops. 59ce067264


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