Sell Rare Coins

How to Sell Rare Coins

This video is entirely opinion based and the methods described are for reference as educational material only.

How to Sell Rare Coins
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If you have some rare coins you want to sell the first step is to find out how much they are worth. You dont want to get snookered into selling a super rare coin for a low price. Determine the value by evaluating the condition denomination and bullion value and getting it professionally appraised. Then sell your coin to a coin dealer or at an auction or coin show. Youll be surprised by how much these little pieces of metal are worth Find the date denomination and mint mark on your coin. The date and denomination face value of the coin are pretty easy to find at a glance. A mint mark is a small letter on a coin which identifies where the coin was minted though not all coins have one. The mint mark is pretty inconspicuous so if youre having trouble finding it you might want to ask a coin dealer for help.

Look at coin valuing guides in books or online to start. For example if you live in the US the Guide Book of United States Coins commonly called the Red Book is a great option. There are also plenty of websites where you look up the type of coin you have and compare it with pictures on the website to get a preliminary evaluation of the coin.

Authenticate coins with a coin grading company if you suspect its valuable. Since there unfortunately are a lot of counterfeit rare coins floating around out there many buyers will only buy a rare coin that has been authenticated. The coin grading company will evaluate your coin grade it and then put it into a slab which is a plastic holder. The more the coin is worn flat scratched and faded the less the coin will be worth.

Find the bullion value if it is a precious metal. The bullion value also called intrinsic value is the current market value of the metal in a coin. Silver gold and platinum coins are worth their bullion value plus their numismatic value or how much coin collectors want them.Let's look at the 3 main ways to sell your coins
8 Valuable Coins in Circulation Today
Here are the places where you can sell antique coins: Auctions: auctions, especially online auction sites like eBay, are a popular option among sellers

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