Coin advice

[no_limits]

I have several nice coins I've found over the years metal detecting and recently went to a coin and bullion store to sell. I feel like they are crooks. Does anyone have advice on where to sell or who to sell to? I know the coins I have are not rare or worth a whole lot but I don't want to be ripped off either. Thanks

 

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[ToddsPoint]

Any dealer will only give you half of what they are worth. I’m a coin buyer and buy on eBay quite a bit. Few places have that large of a selection. I know eBay is kind of a hassle as a seller, but you will get the most exposure and best money there. If you start your auction low, enough to cover postage, you will end up with the true value of the coin. Quality pics are a must to get the highest bids. Good luck!

 

[Mackaydon]

Think of coin and bullion stores as wholesalers; you want retail buyers. As ToddsPoint mentioned above, Ebay is one source where you will find 'retail' buyers. Another source can be your local coin club.
Don in SoCal
PS: You could also become a Charter Member here and list your coins for sale.

 

[pepperj]

I have several nice coins I've found over the years metal detecting and recently went to a coin and bullion store to sell. I feel like they are crooks. Does anyone have advice on where to sell or who to sell to? I know the coins I have are not rare or worth a whole lot but I don't want to be ripped off either. Thanks

The pawn shops or bullion shops look at your coins as melt. PERIOD.

If not key dates or exceptional grades, it is what it is.
They look at it as just a commodity.
Buy below spot, then resell to buyers that will pay a premium on that.

It depends also on quantity. 10 oz. vs 100 oz. of weight.

If you really think that you have something worth more then do a charter membership. $25

There's lots of members that buy silver to squirrel away for a little insurance.

 

[cudamark]

You can also then post some clear close-up photos here of your coins to get our biased opinion.

 

[no_limits]

Any dealer will only give you half of what they are worth. I’m a coin buyer and buy on eBay quite a bit. Few places have that large of a selection. I know eBay is kind of a hassle as a seller, but you will get the most exposure and best money there. If you start your auction low, enough to cover postage, you will end up with the true value of the coin. Quality pics are a must to get the highest bids. Good luck!View attachment 2178368

Thank you so much

 

[no_limits]

The pawn shops or bullion shops look at your coins as melt. PERIOD.

If not key dates or exceptional grades, it is what it is.
They look at it as just a commodity.
Buy below spot, then resell to buyers that will pay a premium on that.

It depends also on quantity. 10 oz. vs 100 oz. of weight.

If you really think that you have something worth more then do a charter membership. $25

There's lots of members that buy silver to squirrel away for a little insurance.

The pawn shops or bullion shops look at your coins as melt. PERIOD.

If not key dates or exceptional grades, it is what it is.
They look at it as just a commodity.
Buy below spot, then resell to buyers that will pay a premium on that.

It depends also on quantity. 10 oz. vs 100 oz. of weight.

If you really think that you have something worth more then do a charter membership. $25

There's lots of members that buy silver to squirrel away for a little insurance.

Thank you

 

[no_limits]

Thanks for looking and helping

 

[RelicFinder77]

I have several nice coins I've found over the years metal detecting and recently went to a coin and bullion store to sell. I feel like they are crooks. Does anyone have advice on where to sell or who to sell to? I know the coins I have are not rare or worth a whole lot but I don't want to be ripped off either. Thanks

99 percent of coin dealers are crooks. You are better off selling online. With highly collectible stamps it is even worse.

 

[Terry Soloman]

Sell them privately, here. Get a Charter Membership, take GOOD photos and RESEARCH the coins online to see what you should expect to realize.

 

[Trezurehunter]

You might also look for and consider joining a coin collecting club in your area. It's pretty easy to find buyers in the club, and they will typically pay more than a coin shop. There are also no shipping fees, listing fees or any other fees involved in personal transactions with people in your club.