So you are in the market to sell your precious coins but unsure where to turn? This blog post will outline some of the best places to sell coins, specifically where coin collector buyers are looking. We will break down each place so it will be easy for you to decide how to sell your coins.
Coin Collector Buyers:
Coins For Sale
Coinsforsale.com is a marketplace to sell your coins, and it is a relatively new place for coin sellers. In addition, this site is open for coin collectors of all types to join, so it’s a great place to start if you want to sell your coins online.
Pros:
- Anyone can sell
- Listing your coins on their website is free
- It’s safe and secure
- Flat 5% after selling your coins
Cons:
- Being relatively new, not many buyers aware of them.
- If you are an experienced coin seller, this may not be the best place for you, as coin collectors who want to buy coin collections tend to go on more established websites.
Heritage Auction
Heritage is one of the largest coin auction houses globally, offering a wide variety of services to coin collectors. They have been on the scene since 1976.
Pros:
- Live auction function
- Well-established with a good reputation. Trusted with a lot of buyers worldwide looking for coin collections
- Wide range of coin collection in their database
- Caters to all coin collector types, including newbies or first-time coin buyers.
- They have a knowledge base section dedicated to helping beginners learn how to invest.
- They will list the coin for you; letting the expert do their job is better.
Cons:
- Heritage Auction will hold payment for at least 45 days before releasing it to your account.
- High commission fee of 10%.
- You must send your coins to them.
- High-value coins will get more attention than lower-value coins. Smaller-value items will not receive as much attention as high-dollar coins.
Modern Coin Mart
They have a business model akin to a pawnshop. Sell them your coin, and they will send it at a higher price for a profit. You will get a check if your coin value is less than $3000.
Pros:
- Guaranteed a buyer for your coin/coins
- They will list your coin for you.
- Well-established and trusted coin dealer with over 15 years of experience. This reputation alone will attract a lot of buyers.
Cons:
- Be ready to ship your coins out first, as you need to send them the coin before they send you a check.
- You may get a lower price because they need to sell your coin for a profit.
APMEX
APMEX has a similar business model to Modern Coin Mart. Established in 1999, they are one of the world’s largest online Precious Metals and coin dealers.
Pros:
- They will list your coin for you.
- Well-established and trusted coin dealer with over 20 years of experience. This reputation alone will attract a lot of buyers.
- Guaranteed a buyer for your coin/coins
- Receive payment the next day your coin arrives.
Cons:
- Your coin must have a minimum value of $1,000. APMEX will not consider anything below that.
- You will need to send your coin first.
eBay
eBay is a great place to sell coins and offers a wide variety of coin collector buyers. With 182 million users worldwide.
Pros:
- You can set your price
- Large audience
- Two options to sell, auction, or set a price
Cons:
- eBay charges a scaling listing fee if your item is priced higher than $0.99. The listing fee goes from $0.25 to $2.00 per listing. Plus more fees for various listing add-ons, like adding more pictures of your coin.
- Not known as a coin marketplace
- It can be risky, as you are not dealing with established coin collector buyers.
- There might be counterfeit coins among the sellers.
Before you go…
So, those are the five best places to sell your coins. If you’re looking for coin collector buyers, any website will do. But be sure to and understand the risks before selling anywhere. Happy coin collecting! 馃檪
Check out my next article: “The Best Coin Dealers Online in 2023: The Most Trusted and Reputable Coin Dealers Online.”
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How much are you asking for?how much are you asking for?
I’M IRFAN FROM SRILANKA I HAVE OLD COINS FOR SALE.
QUEEN ELIZABATH SECOND FOR SALE IMMIDIATLT
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