Best Place To Sell An Old Coin Or A Coin Collection?

What’s the best way to sell an old coin or a coin collection?

How to turn a coin or collection into spendable cash?

Two main avenues to revenue
The two main ways to sell coins are 1 — a direct sale to a coin dealer and 2 — a sale via an auction house or an online service such as eBay.

Either way, it’s important to have some idea of what you have and some general idea of what it might be worth. On the value question, you probably don’t have hugely valuable, headline-making rare coins, but some of them could be worth a few hundred dollars — and that’s worth some effort.

Unless you have very early (Colonial times early) U.S. coins or some that are gold, the major auction houses are unlikely to express serious interest. Most of your coins also are in what collectors call “circulated” condition, which means they have been used to some degree for their intended purpose. Condition is a very important aspect of value, with coins that are in uncirculated condition — never used and exhibiting no "wear" — worth a whole lot more.

Let's look at the 3 main ways to sell your coins.

1.) Sell to a Coin Shop - Now the coin dealer is going to buy them for less than they are worth, and this is normal. If the guy/gal running the coin shop bought them for fair value then he couldn't sell them and make a profit. They are running a business, not a charity right? So how much less is the guy going to offer you? Well between 20%-40% less to give a fair range. Please allow the owner to explain why he is offering what he is offering, and if you think something stinks just leave. No big deal. Most shop owners however tend to be fair assuming you go there expecting to receive slightly less than the coins true value. If you are looking to get rid of lots of coins, really fast, then a coin shop may be a good solution. Don't be afraid to let the owners know (politely) that you are shopping the coins around to various shops.

2.) Physical Auction - You may want to find an auction and see if the auction house is interested in listing your collection. They will of course charge a fee either flat or a percentage of the sale value usually.

3.) Online Auction or Marketplace - This may be the best option in general for those who wish to get the most for their coins, and are not limited by time constraints. Selling your coins one at a time, over months and possibly years is the best way to get the most for your coin or coin collection. But where? We highly advise against using eBay or feeBay as many people call it. The fees to list and sell a coin on eBay are on the verge of outrageous. Just trust us on this one. Unless you are an expereinced eBay user skip them. So where do you sell online? We've listed a few sites below that are trustworthy fair alternatives to feeBay.

[jameslugan]

I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460, 000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.

[haythammurad]

I have some old coins from some European countries and I want to sell them..please, how is the method..thanks

[pink]

I have a lot of very oldest coins, and one coin which is Fourteen Hundred and Fifty years old.

[fernandolubis]

i have one piece queen elizabeth penny, 1971 new pence 2 and one piece of lincon penny, 1968 both are in good condition, how much each and how to sell it?

[tinablackwood]

Thank u for the info thats just what i needed..i have a good bit of old coins !! From American, England, Dominican Republic, to coins i have no clue .. my dad grandfather's to my husband and myself collecting.. my only hang up is i don't know how to get rid of them !! Thank u if u have any information u could pass my way it would be greatly appreciated!!!😁

[marklestertejada]

In phillippines, do you have any idea where are located or place a buying old coins?

[samuelhoumai]

Iam from Solomon Islands I'm still doing research about valuable Coins and interested to sell

[victoriadaniels]

Hello..I've got some coins that I'm trying to sell, I could send you pics of them and see if there worth selling something, ,thank you

[zualiraltw]

I have two coin(1)George V king rs 1.1916 years (2), Edwar VII king rs 1..1907 years how can I sell

[mhhossain]

The coin you identify by the magnifying glass can you tell me the value fo the coin and which country coin that was?

[ShonibareAdegbola]

Hello, I have one Deutsche mark 1974 and a Quarter Dollar of 2000 wish I want to know what they worth and how to sell them.

[asimroychoudhury-qtgh]

Do you accept Indian currency for sell ?
What is the process to sell ?

[mimingqunge]

I have south Africa old coin 1/2 cent- 1961, 5c -1969, 10c -1965, 20c -1965, 50c-1979.im in cape town.

[veerakumar]

Hi, I am from India. How can I sell old Indian paper money ?

[gouravvishwakarma]

Hello.
I have adward vii king & emperor Bombay mint silver coin...and i want to sell it

[chieatecollins]

Hi have 1776/1976 San francisco mint Eisenhower, silver dollar?
How do I sell them

[ferdinandbajo]

Hello sir good day! Do you buy quarter dollar 1977? I do have one, , mix in our peso bill coins in our store, , thought it was a.peso coin, , when I looked at it closely, it's a quarter dollar year 1977 with a color variation copper/silver on the side of the coin💪

[ishmaelfritz]

i needed to know the value of this 50cent coins 1999, 2004, 2008 2014 can you help me with this

[misaeldignos]

I will Ask you Sir to helping me...I have Old Coins Error Penney, please help me... How to dispose it?

[linusdusimin]

i have a 1927 c.v. brooke rajah 25 cents n 5 cents coin.. whats the value?