![]() This, in addition to additional fees including insertion fees, shipping costs or PayPal costs can eat away at your profit margins. Of great concern is the 10% and above standard seller fees on online auction sites. With more than than 22,000 listings for old coins on eBay alone, there is plenty of demand. Shipping risks including delay, loss and high shipping costsĪnother popular way to get cash for your old coins is to list it in an online auction.Transactions are not private they are recorded and electronically stamped.Plenty of options for reputable online dealers.This means rarer, more valuable coins would be sold to a high end dealer while more common, lesser value coins could be sold to a low to mid-range dealer. The best way to sell your old coins to online dealers is to match the value of your coin to the dealer’s value range. Here are a few reputable dealers to consider: A quick search can turn up reputable dealers actively buying and selling coins with many promoting their desire to buy coins. The power of the internet has made selling old coins readily available to all. You will get a lower resale price at a pawn broker than a coin shop.They accept most types of precious metals including coins, jewelry, and scrap.An estimated 10,000 pawn shops in the U.S.This is a quick and readily accessible option for those looking to get cash for their old coins. Over the years, pawn shops have developed a bad reputation because of their predatory lending practices.ĭon’t let this deter you as they do have a place in the precious metals world. the value of the silver or gold content that can be derived from melting the coins down The coin shops will most likely give you the melt value i.e.Limited to no options if you live in a small town.Not only will you avoid getting scammed, you will also have the confidence in knowing you’re working with experts. When considering this option, make sure you’re doing business with a dealer who is established and has been in business for some time. These shops will grade your coin and provide you with a fair price. Selling to a local coin dealer like Twery’s is one of the fastest and most convenient options. Whether you’re selling to get some quick cash or using the money to upgrade your collection, consider these 6 selling options as well as their pros and cons. Second, they know that certain coins must be sold to certain dealers because low, medium and high value coins each have their own best-selling practices. ![]() Have some proof sets or silver half dollars ? You may have something of great value on your hands. Take stock of what you have and how much it may be worth. First, they understand what makes a coin valuable and know the value of their coins in order to make a fair assessment of price points when selling.Those who sell coins successfully know these two things: ![]() ![]() Do you have a set of old coins you would like to sell for some cash? Have no idea where to begin? Wondering how to get the best price possible for your coins or what the fastest way is to get cash? These are just a few questions we hope to answer in the post below. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |