Coin Collecting

Is It Safe To Sell Coins To A Dealer?


Coin collecting can be a lot of fun. This hobby which dates back to 2500 BC is much larger now since people are now able to collect currencies from other countries.

If a person decides to dispose of some of the coins in the collection, it is necessary to know its value by looking at a coin catalog or price guide. There are many ways to do this and one is looking for a coin dealer to do business with.

There are a lot of coin dealers around. Some can be found by asking the local coin club or a numismatist who can give a good referral while others can be found at an auction or in a coin exhibit. These people frequent such events looking for a good buy to add to an existing collection. A lot of these individuals can also be found on the web.

To be sure that the person is getting a good price from a coin dealer, it is an excellent idea to visit more than one place to find out who is willing to buy it at the highest price. If the person feels that the price is too low, then perhaps it is better to wait until another time since the value of coins depends on scarcity, condition and demand.

Some people think that doing business with a coin dealer isn’t a good idea since this person will offer to buy the coins at a lower price. This notion however is wrong since there are ways to ensure that this person will be honest.

To avoid by being conned by someone who claims to be a dealer, it is necessary to determine that this person is a member of the Professional Numismatist’s Guild. This organization is composed of the world’s renowned collectors of antique coins and paper money. Since there are strict rules that members abide by, one can be sure that the transaction is safe.

Coin dealers are not just there to buy something, these people may also offer for sale a coin that is valuable to the other person. By getting to know the dealer, an agreement can be reached that will benefit both parties, which does not always end mean buying, but also trading or bartering.

Everyone has the potential of making money even if this starts out with only a few coins. By knowing where to find these rare collectibles and doing business with a reputable dealer, one can be sure of making a profit – if not a small fortune.





Articles compliments of skaDoogle

Browse Our Information Mall

Coin Collecting


Other Interesting Articles

Starting A Coin Collection

It is never too early or too late to have a hobby. Some people are hobbyists for fun while others see a bigger picture; and that is to make money. Some objects that may seem inexpensive now may become valuable or priceless l... [Read more]

Guide For Rare Coin Collectors

Coin collecting is one hobby that is both fun and challenging. To help those who are looking for those rare coins, here is a list of hard to find ones that are worth moving “heaven and earth”... [Read more]

Coin Collectors Galore: Types Or Specialties

If you are a coin collector, how do you categorize your... [Read more]

How To Earn Your Coin Collecting Merit Badge

There is more to coin collecting than just keeping coins. There is something at stake for those who make an effort to know what they are collecting: the Coin Collector’s Merit B... [Read more]

Even Coins Get Grades

Coin grading is the process of attempting to determine a coins value. It provides a basis for both buyers and sellers when deciding on the quality of a coin and it’s market v... [Read more]


 Watch Videos on "Coins"


New York Times

Indiegogo Goes Where Few Companies Dare: Into Initial Coin ...
New York Times
SAN FRANCISCO — Indiegogo helped take crowdfunding mainstream. Now the company is hoping it can do the same for initial coin offerings, the popular but unregulated practice of selling custom virtual currencies to raise money for software projects ...
Crowdfunding Giant Indiegogo Opens to ICOs - CoinDeskCoindesk (press release) (blog)

all 4 news articlesÂÂ...

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Seattle Times

Readers share their memories at 13 Coins: 'the frying pan flames ...
Seattle Times
From late-night excursions to celebrity sightings to Joe's Special, readers share some of their fond memories of 13 Coins, which will close its longtime South Lake Union spot on New Year's Day.
13 Coins Prepares to Close in South Lake Union, Best Parts ...Seattlemag

all 2 news articlesÂÂ...


Travel+Leisure

Woman Arrested for Throwing Coins Into Plane's Engine for Luck
Travel+Leisure
A Lucky Air flight was delayed for hours in Anqing, in eastern China's Anhui province, on Wednesday. It wasn't due to weather or mechanical errors, but rather because a passenger tossed a few coins directly into the plane's engine for good luck ...
Another elderly woman throws 'lucky' coins into plane engine, grounding flightWGN-TV

all 29 news articlesÂÂ...

Coin Collecting