How To Sell Investment Coins

Table of contents:

How To Sell Investment Coins
How To Sell Investment Coins

Video: How To Sell Investment Coins

Video: How To Sell Investment Coins
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Buying investment coins is a very profitable investment. You can purchase silver, gold, platinum and palladium bullion coins for resale.

How to sell investment coins
How to sell investment coins

Instructions

Step 1

You can sell your investment coins to a bank or an individual. When selling coins, the bank needs to take into account an important circumstance - the purchase price of the coin will be less than the price for which you purchased it. Therefore, if you bought investment coins recently, then selling them to the bank will be a losing deal in your case.

Step 2

If you purchased the coins a few years ago at a much lower price, then selling them to the bank can be beneficial. Different banks offer different purchase prices for coins. Therefore, to get the maximum profit, check with several banks and find out what price they will buy your coins for.

Step 3

Take your investment coins and passport, go to the bank that offers the highest price. A bank specialist will assess their condition and, if no defects are found, the bank will pay you the highest possible cost. If micro-scratches or sweat marks (fingerprints) are found on the coins, the price can be significantly reduced.

Step 4

If you have enough time and want to get the maximum profit from the sale of coins, then sell coins to individuals. Nowadays, many people are ready to invest in investment coins. But the prices in the banks are quite high. To sell investment coins, submit ads to various sources (newspapers, the Internet) and set a price lower than the bank price (otherwise, it simply won't make sense for people to buy it from you).

Step 5

In the announcement, be sure to indicate the condition of the coin - safety. If you have never opened the capsule and pulled out a coin, then feel free to write “perfect safety”. If you do not include this item, then the majority of potential buyers will ignore your ad. After all, they also buy a coin from you for the purpose of further resale, in which the key price-determining factor is safety.

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