How To Sell Rare Coins

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How To Sell Rare Coins
How To Sell Rare Coins

Video: How To Sell Rare Coins

Video: How To Sell Rare Coins
Video: FOUND A RARE COIN NOW WHAT? HOW TO SELL YOUR VALUABLE COINS! 2024, March
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Selling old coins today is not a big deal, the only question is not to miscalculate the price. Therefore, it is so important not to be mistaken.

Sell old coins
Sell old coins

Before selling coins, the first thing to do is correct. The evaluation points are as follows:

  • The most important factor is scarcity. If the number of coins in the world is several units, then the price of such a coin will be very high. And vice versa.
  • Material condition is also an important factor. Even if the coin is one of a kind, but the inscriptions are erased and it is badly dented, then its value will drop by an order of magnitude. Even in spite of its enormous value.
  • Market conditions. Depending on the coins offered for free sale, the price of your products will vary. Depending on the offers identical to yours.

Where to sell old coins

  • … The fastest convenient way. The main disadvantage is that they will buy from you for the purpose of further resale, so the price for you will be 30-50% lower than the market price.

  • A more profitable option, since it will not be the reseller who will buy, but the true buyer. The disadvantage of this option is that there are not so many such people, and selling a coin, especially a not very rare one, will be an extremely long task.
  • The most relevant and convenient way to sell. On the site, you will see a real demand for your offer, an adequate price. And, in the usual case, your lot will be purchased in a few weeks. The downside is that there is a seller rating system on the sites. And in order to get a certain number of positive reviews, at first you will have to sell at a price slightly below the market price.

Most importantly, when starting to sell coins, study them carefully. Clean the surface of the coins, but don't overdo it. It is better to leave the restoration of coins to professionals, as with inept cleaning they can greatly lose in value.

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