Coin Collecting

The Perfect Time To Sell Coins


Just Launched The Only Collection Debt Elimination Business Of Its Kind In The Usa No Competition Never Consolidate Never Pay A Collection Agency Step By Step Letters And Instruction For Business Owners To Help Consumers Be Debt Free 75 Commission
Do U skaDoogle?
When is the perfect time to sell coins? This may be a dumb question if asked of a coin collector however timing really does make a difference. There are times when a collector wakes up in the morning and suddenly makes a decision to sell his precious collection of coins. There are also times that a collector needs to give up his coin collections due for personal reasons and the idea of selling his precious coins may be the most difficult part. No matter what the reasons are, it is a fact that this does occur in the life of a coin collector.

There are many reasons why coin collectors sell their coins - there are coin collectors who are dealers at as well. Selling coins is their option and they may use it to generate income so that they can acquire other coins that they like.

Some collectors travel in search of a coin they want and during that travel, they may encounter coins that may not be qualified for their own collection but they buy them anyway. Upon returning home, they sell the coins they have purchased and make use of the money to buy the coins they are looking for.

There are also coin collectors who gather coins not just as their hobbies; these coin collectors use the coins as their source of income. They make a living from selling the coins that they collect. Sometimes they sell the coins to other collectors and price them higher than the usual price of the coins and this is appropriate if the collector owns limited edition or rare coins.

On the other hand, some collectors sell their coins because of other factors. They may sell coins because of personal reasons. Collectors sometimes decide to “give away” their collection because they no longer have any option but sell their coins. This is the most difficult situation for coin collectors as they often value their coins and as much as possible would not want to give them away - the coins may be memorabilia or may have sentimental value to the collector.

Once a collector has decided to sell his coins, he must consider if it is really the right time to sell the coins. Is the collector ready to give away his coins? Is the coin at higher price now? Will it do well and will he benefit from selling his coins? These factors should always be considered.

There are other options available to determine where a coin collector could sell his coins. He may want to sell the coins at auctions. Many people now prefer the option of putting their belongings up for auction and this is not limited to coin collections.

There is also a higher chance of having the coin sold at a higher price since auctions include bidding processes. Buyers may bid for a higher price especially if the coin being sold is of rare quality and has a higher value.

A collector may also want to put up a website to advertise the coins that he would like to sell. The Internet is the easiest way for collectors to search for coins. In addition, putting the coin on the Internet will make the selling an easier task. The collector may put up his own website and place the pictures of his coins and some brief descriptions on it. He should also note how much he is willing sell them for.

There are other options too: the seller may want to do a dealer-to-dealer negotiation. He can go directly to coin dealers and sell his coins. The dealers then can sell the coins that they purchased to other dealers.

It is important to compare prices between one dealer and another as there is always a chance that one dealer may buy the coins at a higher price than other dealer. It is wise to shop for dealers and then decide which you one you want to deal with.

It is also recommended that collectors who decide to sell their coins use a coin grading service. It is very important so that the seller not end up a loser when he sells his coins. By using a grading service, the seller will be able to set a price that is based on the assessment made by the grading service who will determine the actual value of the coins.

Most importantly, coin collector should not clean their coins once they have decided to sell them. If they do, the value of the coins will depreciate.






Articles compliments of skaDoogle

Browse Our Information Mall
Do U skaDoogle?!

Coin Collecting


Other Interesting Articles

Common Coin Collecting

Coin collecting used to be a hobby for the rich. They were the only ones that were able to consider coins art. Everyone else had to use their coins to buy food, clothes and other essentials of ... [Read more]

Hoarding Or Collecting

To some people there’s little distinction between hoarding and collecting coins. Both have been going on for centuries and both result in the owner having an abundance of c... [Read more]

Tips On How To Avoid Fraud On Collectible Coins

Many people enjoy shopping online where there are great buys of coins that can be found. A person may prefer do his shopping while he is at home because it is convenient and time-saving instead of going out looking for stores that sell collectible coins and other souve... [Read more]

A Coin Is Worth More Than A Coin

Coin collectors, old and new, have always wondered whether the coin or coins they have in their possession are worth more than the face value today - or in the foreseeable fu... [Read more]

Coin Collecting 101: What Type Of Coin Should You Collect?

Coin collecting is a fun hobby to start and the thrill of hunting for old coins is enough for many people to continue doing it. Other people consider coin collecting an investment, something they can receive a profit from. If you are one of those people, then you can find several types of coins in this article that will help you determine what others are looking... [Read more]


 Watch Videos on "Collection"


Washington Post

Construction workers in Spain unearth 1300 pound trove of ancient Roman coins
Washington Post
Some 1,300 pounds of bronze Roman coins dating to the 3rd and 4th centuries have been unearthed by construction workers digging ditches in Spain. The find, in 19 amphoras — storage containers — is unique not only because of the volume of coins butÂ...
1300-pound trove of Roman coins discovered in SpainUSA TODAY
Spanish Ditch Diggers Unearth 1300 Pounds of Roman CoinsSmithsonian
Massive 600kg haul of ancient Roman coins unearthed in SpainThe Guardian
Daily MailÂ-myfox8.com
all 163 news articlesÂÂ...


CoinNews.net

2016 Australian Collector Coins for May
CoinNews.net
Variety is apparent again from the Perth Mint of Australia with new collector coins released for May. Subjects covered by the debuting strikes include a new gold proof Sovereign, two high relief kookaburra silver coins, a one kilo koala silver coin...
World Coins– Revealing the Remarkable Royal Mint ExperienceCoinWeek (blog)
2016-P Cumberland Gap 5 Ounce Silver Coins for CollectorsSilver Coins Today (blog)
Budget 2016 could kill off 5 cent coin in AustraliaDaily Mail
Shanghai Daily (subscription)
all 16 news articlesÂÂ...


Gainesville News (blog)

New Techs Fight Fake Coins
Gainesville News (blog)
As the Royal Mint begins production of a new 12-sided ÂŁ1 coin made with their recently-patented anti-counterfeiting measures, it seems like a good time to look at some of the recent technologies being used to fight fake coins.
Breast Cancer Awareness Commemorative Coins Are Coming in 2018Coin Update News
Athenian owl Greek coin highlights NGC Ancients sale | Coin WorldCoin World

all 5 news articlesÂÂ...


CoinWeek (blog)

Coins, Collectibles, Precious Metals, Fine Jewelry...Contact Hodson Coins if you are looking to sell or buy! (219 ...
nwitimes.com
I specialize in collectible key coins of all series. I am A.N.A. Life Member 885, and a PCGS & NGC dealer. I also have the largest sportscard inventory from 1948-1975 in N.W. Indiana. and am a PSA dealer. I'm a Precious Metals and Diamond/Fine JewelryÂ...
Interpreting Auction Prices for PCGS & NGC “MS-66” Barber Quarter Type CoinsCoinWeek (blog)

all 2 news articlesÂÂ...

Coin Collecting