Quick Coin Selling Guide – Get The Most For Your Rare Coins

“Quick Coin Selling Guide – Get The Most For Your Rare Coins” – 7/19/18

When it comes to selling your coins, the more you can understand about the coin selling industry, the better chance you have of getting the the highest payout possible for your valuable coins. We put together this quick coin selling guide to help you understand some of the basics of coin selling so you can be armed with the most knowledge possible before getting your appraisal.

One of the great parts about selling gold, silver, and platinum coins is that you can usually discover some coins in your house that are worth more money than you might ever think possible! Whether those have been passed down by your parents or grandparents, search those drawers and safety deposit boxes. You might be sitting on hidden treasure and not even know it!

Click here for the most popular gold coins sold

Click here for the most popular silver coins sold

Getting The Most For Your Coins

Understand Your Coins Value

One of our top suggestions is to get a good understanding of what your coin is worth before you go to sell it. This way, you have some knowledge before approaching potential buyers.  Things that influence value are:

• Material of the coin
• Coin Year
• Coin Condition
• Coin Naterial.

From there you can conduct some research of your own to see what others are asking for the coin. Be aware that sometimes the wholesale value of the coin can be below online asking prices. But just use the prices you find online as a general coin selling guide that is relative to determine the rough value of your coin (if it’s authentic)

Find A Trusted & Experienced Coin Buyer

The next key to finding success when it comes to selling your rare coins is to work with an experienced and trusted buyer. These types of buyers are the ones who will pay you the top price for your coins.

There are many options you have when it comes to selling rare coins. However, not all are created equal. Some of these include online marketplaces, selling to collectors, to local dealers, or bringing them to a coin auction.  Always be careful when deciding where and who to your coins to. Also, beware that if you sell with someone online or at an auction chances of getting undervalued is much higher. This is because there is more risk associated with auctions and with that comes that chance.

Your best bet to ensure the highest payout is to do business with your local trusted coin dealers with hundreds of positive reviews.

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