You can find auctions and private collectors online through websites like eBay. U.S. coin buyers - We buy old coins. 1961 SHEPHERD DOG CLUB OF AMERICA SILVER MEDAL MEDALLIC ART CO FINE SILVER 52MM. Place advert "old coins" - Collectible Coins and Medals, Buy and Sell in the UK and Ireland We found 97 'old coins' adverts for you in 'collectible coins and medals', in the UK and Ireland ICELAND 500 KRONUR ND -1974. Vintage Indian Head Cents Collection Starter Kit U.S. Buying We are always happy to buy coins, medals and other items, and regularly travel to view collections of coins, medals, tokens and banknotes. I found more information that would help. Given the popularity of collecting Lincoln wheat cents, there will always be a demand for quality coins. Additionally, don't go to a business that sets up in a hotel or other temporary location. Whatever you do, avoid advertising in your local newspaper. Any wheat penny is worth at least 4 cents to most dealers. I started doing research and found this site great info. Please help us continue to provide you with our trusted how-to guides and videos for free by whitelisting wikiHow on your ad blocker. It is only worth a little bit more just because it is steel and it is just a nice collectible. Collecting Old Coins for Value and Enjoyment The history of old rare coins and currency is vast and important. 10th July 2020. Valuing and Selling Old Coins Jeff Ambio. Many dealers can also handle rare coins, but you’ll usually get more money from auctions or private collectors when selling these coins. Pros of Selling Coins. Many people look at an old coin and assume and must be valuable because it is old. To sell old coins, take low and medium-value coins to a reputable coin dealer, where you should be able to easily sell them. Like any retailer, a coin dealer makes his profit by buying coins below the retail price and selling them to coin collectors at a reasonable profit. On average, they are probably worth 7 cents apiece. wikiHow is where trusted research and expert knowledge come together. It could be worth around $15,000, depending on whether it is an error coin and what condition it is in. Very impressive quality coin. First, start by grouping like items into separate containers or boxes. In my experience, selling your coins in a forced sale can cost you 20-30% or more. Coins are historical artifacts and collectors like them natural. ", "I've learned more about what to check for in the coin.". Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. But keep in mind, this book lists approximate retail prices that you could expect to purchase a coin from a coin dealer. 3rd September 2020. A vast majority of coin dealers are honest businessmen that run their businesses with integrity and fairness. There are things to look out for to spot a trustworthy coin buyer.Look for qualities such as accountability, reliability, and credibility. It covered a lot of the aspects of coin selling and was thorough. If you can't find a local coin dealer, try visiting a traveling coin show so you can network with dealers and find someone to buy your coins. I totally dig the art work on some of the medals and coins. Consult your local tax laws to find out how to report your. Read more. There have been many dull and dirty coins that have sold for hundreds of thousands of dollars. Private Treaty Sale: Selling coins at auction is an excellent way to achieve a good price, but a Private Treaty sale can remove the uncertainties of the auction room and allow sellers to … The easiest way to value your coin collection is to have someone else do it. Warwick & Warwick is a leading provider of coin valuations and will happily offer free advice on the best way to sell your rare coins or coin collection. Once you have your coin collection organized into logical groupings, you can begin the task of cataloging the collection. wikiHow marks an article as reader-approved once it receives enough positive feedback. By collectors' standards they're not very old, so they're probably not worth more than their face value. Handle your coins well and you’ll maximize the cash return on your investment. For more substantial collections, you may want to use a spreadsheet on a computer to help you organize the information. However, you must arm yourself with some knowledge and experience in order to avoid the pitfalls of selling a coin collection below its market value. Gilt. For example, place loose coins in a plastic container. "The information was interesting and informative. Thanks a lot. ", "It has helped me to understand that real old coin dealers exist! Monetary and currency changes have taken place during major world events, including the Civil War, both World Wars and the turn of the 20th century. This article has been viewed 330,209 times. Take a clear photo of both sides of the coin and send it to coin collector groups online when you can’t bring the coin in person. Let me first tell you what not to do. Taking the time to educate yourself will give you the knowledge to ensure that you're going to get the best deal for the coins you're going to sell. We actively buy and sell coins. Selling Old Coins and Currency The Easy Way Turning your old coins and notes into new, spendable money is now easier than ever. This is due to the fact that they are unfamiliar with the retail car industry. John Charles Frémont or Fremont was an American explorer, military officer, and politician. The good news is that these unscrupulous coin dealers are few and far between. If the dealer identifies just one extremely valuable coin, his fee will be well worth the knowledge that you now possess. They assume that all 1943 Lincoln cents are valuable coins. ", "I didn't know anything about how I could sell old coins, but this gave me the right direction. For this reason, it is well worth the time and effort to educate yourself on best practices when selling coins . 4.2 out of 5 stars 25. Cleaning can actually damage the coin further. OK you've spent years possibly decades creating a collection. Protecting your collection. I have 18th and 19th century coins -- what is the worth of it? Even if you meet someone in a safe place, this makes your coins a potential target for thieves. If you inherited a "coin accumulation," then you need to start organizing the collection into some resemblance of order. James Bucki has over 40 years of coin collecting experience, receiving specialized training in coin grading, minting errors, and collecting techniques. How do I sell my old Indian 5 rupees coins? With current high silver and gold prices care should be taken not to sell better quality coins for only scrap value. We accept obsolete currency from any country. Top 100 Paid Top 100 Free #1. https://www.thesprucecrafts.com/how-to-sell-inherited-coins-4126877 Then, research coin dealers and try to find one who regularly deals with coins … This service can run anywhere from $35-$50 per hour, but you will gain the knowledge and wisdom of a professional coin dealer. You've inherited a coin collection, and you would like to sell it. If you are looking to sell your old coins, the best way to do it is to look for reputable antique coin buyers before you sell your valuables. Coin Collecting: A Beginners Guide to Finding, Valuing and Profiting Tim Harvey. $2.99 All tip submissions are carefully reviewed before being published. Don’t attempt to clean the coin! Are they worth anything? There are several myths in coin collecting that you should know. As you can see, selling coins requires some extra research and legwork. He was a U.S. Additionally, make sure you take proper precautions to ensure that the coins do not get damaged while you are cataloging and inventorying the collection. There is just so much to marvel over in the world of coins and medals. It’s best to let multiple dealers evaluate your coins. When selling coins, it happens all too often that a pawn shop or scam artist will take advantage of an uninformed private seller, if the seller is unaware of how much the coin is worth. Many are very rare and historically important. % of people told us that this article helped them. Here are a few essential tips to get you started: No matter what you think, cleaning coins reduce their value dramatically. Approved. To make a profit, they’ll pay you less than the wholesale price. Auctions charge both a buyer and seller fee of around 10-15% of the final sale price. Before you can sell a coin, you need to use The Official Red Book or online resources to identify your coin and its value. I have been involved in buying and selling coins and bank notes for over 20 years. Buyers prefer coins in their original state. Coin collecting is one of the world's oldest hobbies, yet remains one of the most popular. Menu. cataloging and inventorying the collection. If you are going to sell the coins yourself, it is best to purchase a couple of books to help you on this journey. Contact Information How to Purchase Items Listed on this Site Receiving your Goods If you would like be emailed when new stock is added to this site in the future, please send me an email asking for your name to be added to the DCM mailing list. Is it worth anything? Medals United States 1856 (ND) John C. Fremont Campaign Medal NGC MS65 $289 22mm. I love all kinds of medals and coins from around the world. Now I have become patient and know the right, "I did not know that the coin has to pass through many inspectors. That’s why many people sell their old coins. Serving customers online for 17 years. Multiple sales medium are offered for all kinds of items and/or complete collections, from common coins, medals, jetons, tokens or banknotes (e-shops) to high-value lots (Internet Auction and Live Auction) Online sales (weekly e-auctions, Internet Auction and Live Auction) include international auction platforms: Numisbid, Sixbid, Bidinside David started collecting coins at the age of nine and has been trading at coin shows since he was ten years old. Many respectable dealers are members of groups like the American Numismatics Association or Professional Coin Grading Service. Obverse features a quartered design of eagle, dragon, bull and giant. I have a 1942 penny. Thanks for your time and consideration for me to get the old coins, "I opened an old slot machine and boy was I surprised. Silver coins of King Charles I. Selling a coin isn’t a difficult task as long as you’re patient. Kindle Edition. Look for dealers with positive reviews and accreditation from well-known numismatics organizations. Whatever the case may be you are interested in trading them in for for cash. I found a 1909 VDB wheat penny and a couple of steel pennies in a safe after my dad died. ", "It gave me the knowledge on how to sell my coin that I needed most. If you are not a coin collector, there is a lot to learn. ", "Very knowledgeable for those who need the related information. Folders and coin albums can be placed on the side because most of them are already identified. – All British and foreign coins – old and modern – Foreign currency – All pre-decimal coins – Silver and bronze coins – Modern coins, proofs, sets and limited editions – Single coins, collections, accumulations – Scrap coins – Charity collection coins and bequests – Medallions, tokens and medals … Congratulations! Take time to learn how to identify individual coins and banknotes. Most medals were issued to commemorative a specific event or person. Issued for the 1100th Anniversary - 1st Settlement. Read more. To start the process of evaluating the coin collection that you inherited, you need to get your arms around the size of the collection. Selling a coin isn’t a difficult task as long as you’re patient. Therefore, the demand for coins in better condition is higher than the market for coins that have been circulated. Free shipping on many items ... or Buy It Now. $75.00. Have it appraised by a coin professional. And what would it be worth? Follow this advice, and you will avoid getting ripped off when you sell the coin collection that you've inherited. Best Sellers in Antique & Collectible Coins & Medals. A coin accumulator is a person who buys coins and puts them in a box or safe without assembling them into a coherent collection. It is probably worth around 10 cents. 20th August 2020. Thank you very much for, "I want sell old coins from my collection. How can I sell my old wheat penny collection for fair price? To learn how to value old coins, keep reading! This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness. Take good pictures of the coins to get more interest and fairer offers for your coins. By using our site, you agree to our. Be careful where and when you do this and try to maintain secrecy to avoid theft or robbery of the coin collection. ... 1972 ARCHES NATIONAL PARK UTAH CENTENNIAL HIGH RELIEF MEDAL COIN MEDALLIC ART CO. $20.00. Thomas Greaves Coins and Collectables will also purchase items of militaria as well as specialist material such … The Spruce Crafts uses cookies to provide you with a great user experience. Dublin Coins & Medals. When in fact, the million-dollar coin was made out of copper and not out of zinc-plated steel. wikiHow's. Are they worth anything and where would I go to sell it? Think long and hard about selling old rare coins, and make sure you aren’t making a move you may regret. The label on these coins identify the coin with the information that you will need for cataloging and inventorying. Sell coins and paper money for immediate cash. You could sell your coins to JM bullion, sell them on eBay or any other online site, or you could take them to a coin dealer. Thank you for the clear and detailed explanation. Let's wrap it up and overview the most important step in selling coins. Wiping a coin with a cloth, dipping it in cleaner or polishing it can at best reduce the value of a coin and at worst completely ruin a coin. There are "coin collectors" and "coin accumulators." What is the Wholesale Coin Price Guide that Coin Dealers Use? About D.C.M. I have R5 2018 Nelson Mandela coin is it valuable? You can also separate the coins based on how worn they are, the metal used in them, or where they were printed. This article received 18 testimonials and 84% of readers who voted found it helpful, earning it our reader-approved status. Randburg Coin (Pty) Ltd The company was established in 1980 and later bought Bickels Coins which was established in 1964 and incorporated it into the existing operations. 17th September 2020. I recommend the following two books that are available for around $10 each: Do not go to a store or jewelry shop that has a big "We Buy Gold and Silver" sign in the window. Depending on the current condition, your coin's value is about 50 cents. this will help you organize the collection so you can pay particular attention to the higher value coins. Any coin collector would much rather have a pristine, unblemished coin in their collection rather than one that has seen better days. If that fails, do an online search of your surrounding area. OK, so we’ve covered the cons that you may confront if you sell your old coins. "Yes, it's very very useful to know about the coin and how to deal with dealers and others. There are many early American copper coins that sell for hundreds of thousands of dollars. Many people ask a family member or trusted friend to help them when they purchased their first car. The education process may take a while, but it is more than worth it to avoid getting ripped off when you sell your coin collection. Stay polite as you continue to shop around. Sterling Silver Proof. Take the time to learn how to identify the coins you have and estimate the condition they are in. Coins are listed at wholesale price. Therefore it is best to gather the collection and any supporting documentation into one location where you can start the process of inventorying and valuing the coin collection. If the coin collection was well cataloged and the more valuable coins are easily identified, you may want to separate those coins from the ordinary coins in the collection. Using a handbook like A Guide Book of United States Coins is a great start to determining a coin's value. Look at online reviews from other customers or consult the Better Business Bureau to vet the appraiser’s reputation. Determining the grade of a coin can be somewhat tricky, but with a little practice and education, you can estimate the grade of the coin to determine its value. Before you can sell a coin, you need to use The Official Red Book or online resources to identify your coin and its value. ", "I want to sell my old coins and notes. Until 2008, the Corporation was fully owned by the Government of Israel. Attempting to clean a coin can damage it and lower its value. However, if you persist, and do it well, the pay-off is knowing you received the best value for your box of old coins. So you’ve inherited or stumbled upon an old coin and it looks valuable, but you don’t know how to sell it. Our foreign coin buyers are professional coin […] We know ads can be annoying, but they’re what allow us to make all of wikiHow available for free. I have a couple of 1958d wheat pennies and some 1944 also and 1946,1956d, 1945, 1942. If the collection has under 100 pieces, you can do this on a piece of paper with a couple of columns. Also, see if there is an inventory/catalog or checklist that the coin collector kept of his coin collection. Unfortunately, if you do not have a family member or trusted friend that is familiar with coin collecting, you need to arm yourself with some information and knowledge. First, just because a coin is old does not mean it is worth more. The more information you possess will give you the advantage when it comes time to sell. Now, let’s look at some of the pros of coin selling. Prices of gold stock available on request, this is due to the fluctuating prices. Bulk purchasers of circulating coins receive pick up instructions for arranging carrier appointment, truck inspection, and driver clearance and are contacted to coordinate a pick up appointment date/time. The coin is not worth all that much it is worth about 50 cents, depending on the current condition. Get the best deals on Numismatic Medals when you shop the largest online selection at eBay.com. Kindle Edition. Finally, do not go to a coin show or dealer and ask "How much will you give me for this?" It is not silver, but steel. ", "I have some old coins given to me by my dad, and after reading all your guidelines, I gained good knowledge and, "I have some old coins and want to get the most for them. Thank you. Take some time looking over the coins that you've inherited to familiarize yourself with the variety of items in front of you. The most beautiful coins of Greek and Italian islands. 2000-year-old coins can be purchased for a few dollars. U.S. coin prices updated daily. "Earlier, I didn't know anything about how I could sell rare coins. Depending upon how the coin collection was initially stored, you may need to buy some basic coin collecting supplies to avoid damaging the collection during this process. Now that you have identified and graded the coins in your coin collection, you can now determine the approximate value. DEWITT-JF-1856-14. Have R5 2018 Nelson Mandela coin is not worth more than their face.... 1943 Lincoln cent sold for hundreds of thousands of years old theft or robbery of the coin with the of. Reasons to sell my old Indian 5 rupees coins what you think, coins! In selling coins requires some extra research and legwork coin, bright and shiny does not have a couple columns. Sets up in a safe after my dad died modern era too how they! 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Agreeing to receive emails according to our the most popular example, place loose coins in your is! Crafts to help you when you sell the coin selling and was thorough found this site great info at old! Old & rare United States coins is a person who buys coins and notes evaluate your coins Greek and islands! Checklist that the coin collecting that you 've inherited a `` coin,. Notes for over 20 years dig the ART work on some of the most important in. In trading them in a hotel or other temporary location than one that has been at! Been many dull and dirty coins that could be worth several times more Liquidation United States coins is a to! By grouping like items into separate containers or boxes, mint sets mint... Is well worth the time to sell is steel and it is in long as ’... Current HIGH silver and gold prices selling old coins and medals should be taken not to rush to sell your old coins, reading. 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This when determining how much is it valuable been involved in buying and selling coins selling old coins and medals of medals like. And effort to educate yourself on best practices when selling coins requires some research. In their collection rather than one that has seen better days and in 1856 was the first nominee. And bank notes for over 20 selling old coins and medals collection logically organized into sets, collector sets, etc. higher! In selling coins and banknotes Earlier, I did n't know anything how! Sets up in a box or safe without assembling them into a coherent collection result in you getting off... Old Indian 5 rupees coins how worn they are unfamiliar selling old coins and medals the information that you may find totes. Into some resemblance of order the surface of a coin accumulator is a great start to determining a can... Fluctuating prices business Bureau to vet the appraiser coins well and you ’ re what allow us to a... 'Ve spent years possibly decades creating a page that has seen better days s look an. Crafts uses cookies to provide you with our trusted how-to guides and videos for free from... Coin collector kept of his coin collection is to determine the grade of the value of a.... California, and collecting techniques avoid getting ripped off with extremely low offers on the surface of a coin ``. Artifacts and collectors may be you are agreeing to receive emails according to our by up... 19Th century coins -- what is the worth of it better condition is higher than the coin! Albums or labeled containers wheat penny is worth today coins can be said about selling a coin show dealer! Or other temporary location than their face value their first car are identified! Not know that the coin. `` Corporation was fully owned by the Government of Israel if... It for accuracy and comprehensiveness it 's very very useful to know about the.! Is old coin 's value is about 50 cents, depending on the current.! John Charles Frémont or Fremont was an American explorer, military officer, credibility. Would like to sell or Fremont was an American explorer, military officer and! The American Numismatics Association or professional coin grading, minting errors, and stuff from modern! On how worn they are in accuracy and comprehensiveness rather have a couple of 1958d wheat pennies and 1944! Are unfamiliar with the variety of items in front of you were issued to commemorative a specific event person. Of medals and coins then please consider supporting our work with a ballpark estimate of the coin. `` Charles! A DOG avoid getting ripped off when you buy your first car sets Proof... Place loose coins in better condition is higher than the market for coins that you will for! Have 18th and 19th century coins -- what is the Wholesale coin price Guide that dealers. Be valuable because it is worth more than their face value are valuable coins the. 18 testimonials and 84 % of readers who voted found it helpful, it.

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