There are several excellent options for selling your coin collection, both locally and online. The best choice for you will depend on the size and value of your collection, how quickly you need to sell, and your comfort level with different selling methods.
- Local Coin Dealers: This is a good starting point, especially for smaller collections or if you’re looking for a quick and convenient sale.
– Pros: Quick payment, face-to-face interaction, and they can often offer insights and guidance.
– Cons: You may not get the highest possible price, as the dealer needs to profit.
– Examples:
– [A World of Coins] (Littleton, CO)
– American Numismatic Investments (Englewood, CO)
– [Silverbug Coin Shop & Gold & Silver Bullion] (Salem, OR)
– Houston Coin Buyers (Houston, TX)
– Mile High Coin (Aurora, CO)
– [Golden Peaks Coin, Gold & Silver] (Littleton, CO)
– Southwest Gold & Silver LLC (Fort Worth, TX)
– [Alamo Heights Coin Shop] (Alamo Heights, TX)
- Coin Shows: These events bring together many buyers and sellers, offering opportunities to compare offers and potentially get a better price than from a single local dealer.
– Pros: Access to a wider range of potential buyers and competitive bidding.
– Cons: Requires travel and time commitment.
- Online Platforms: Sites like eBay or specialized online coin shops allow you to reach a broader audience, potentially securing a higher price.
– Pros: Expanded reach and potential for better prices.
– Cons: Requires effort to list, photograph, and ship items, and you’ll need to factor in fees and potential returns.
– Examples: [eBay], [eBay] , MA-Shops.
- Auction Houses: If you have a large and valuable collection, especially of rare coins, auction houses might be a good option.
– Pros: Potential for high returns, especially for highly sought-after coins.
– Cons: Higher fees, potential for lower-than-expected prices, and a longer selling process.
– Examples: [Heritage Auctions] , Stack’s Bowers Galleries.
- [Coinfully:] Offers free online and at-home appraisals with no pressure to sell, potentially making the process easier and more transparent, according to their website.
– Pros: Free and convenient appraisals, potentially higher offers, and quick payment according to Coinfully.
– Cons: May not be suitable for extremely rare or valuable coins that could benefit from a wider market reach or auction house expertise.
- [
A World of Coins 4.3 (128)Open · Coin dealer 7735 W Long Dr]
- [
Silverbug Coin Shop & Gold & Silver Bullion 4.8 (89)Open · Coin dealer 141 Lancaster Dr NE]
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Golden Peaks Coin, Gold & Silver 4.9 (80)Open · Coin dealer 8966 W Bowles Ave Unit J]
- [
Alamo Heights Coin Shop 4.4 (329)Open · Coin dealer 7223 Broadway]
- [
Coinfully 4.6 (26)Open · Coin dealer]
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- Get Your Coins Appraised: Before selling, it’s crucial to understand the value of your collection. Get appraisals from multiple sources, whether local dealers, online services, or professional appraisers.
- Do Your Research: Learn about the types of coins you have, their rarity, condition, and market value. Online resources and price guides can help.
- Consider Professional Grading: For extremely valuable or rare coins, professional grading can enhance their value and attract serious buyers.
- Compare Offers: Don’t settle for the first offer you receive. Shop around and compare bids from different buyers to ensure you get a fair price.
- Prioritize Reputable Buyers: Only deal with reputable dealers, auction houses, or online platforms with a proven track record of honesty and transparency. Check online reviews and affiliations with professional organizations like the American Numismatic Association (ANA).
By following these steps, you can increase your chances of having a successful and rewarding experience selling your coin collection.
How do I sell my coin collection for the most money?
If you have a very high-value piece or collection, consigning to one of the larger auction houses may be the best avenue. Once you get into five and six figures or more, some local dealers may not be able to buy them outright.
How do you get coins appraised without getting ripped off?
Getting a professional appraisal will be the most accurate way to determine a coin’s value. You can get your coins appraised at a local coin shop or at a coin show. Alternatively, you can try to figure out the value of your coins on your own. Coin pricing guides like the PCGS Price Guide provide a good starting point.
What is the safest way to sell coins?
Great question! We recommend shipping coins/paper money through the United States Postal Service via Registered Insured Mail or Priority Insured Mail. This is the safest way to transport coins. If you have coins worth more than $25,000 to sell, please contact us for special instructions.