How To Sell Your Coins - Where To Sell Your Coins
How To Sell Your Coins Videos
https://youtube.com/playlist?list=PLku4wL94a2MOMPRZOzB8mJkTH3yX4pfd7
Buy Coins https://portsmouthcoinshop.com/
CoinHelpu Community
https://coinauctionshelp.com/forum/
How to Sell Your Coins
If you have coins that you’d like to sell—whether you found them in your change or inherited a collection—this guide will help you understand the process and maximize your profits.
Determining the Value of Your Coins
Before selling, you must determine how much your coins are worth. The best way to do this is by using reputable price guides such as:
NumisMedia Online
PCGS Price Guide
The Red Book (A Guide Book of United States Coins)
eBay Sold Listings (for real-time pricing trends)
Auction results from Heritage or Stack’s Bowers
It’s important to ignore misleading YouTube videos or online listings with unrealistic prices. Always base your valuation on sold listings rather than asking prices.
Assessing Coin Grades and Errors
Once you have a price estimate, you must determine the coin’s grade. The grade significantly affects its value. You can use resources like:
PCGS PhotoGrade App
CoinHelpU’s Photo Grade Guide
If your coins have potential errors or varieties, it’s crucial to get them properly attributed before selling. Use:
Variety Vista (for identifying varieties)
Error-Ref.com (for mint errors)
CoinHelpU Community Forum (for expert opinions)
Professional Grading Services like ANACS, PCGS, or NGC
Where to Sell Your Coins
There are several platforms available for selling coins, each with its own advantages:
eBay – Popular for individual coins but involves fees and shipping responsibilities.
Facebook Groups – Can be useful but requires caution to avoid scams.
Craigslist – Local sales with no fees, but always meet in a safe location.
USA Coin Book – An alternative to eBay with fewer fees.
Local Coin Shops – Offer immediate cash but may pay below market value.
Coin Shows and Auctions – Great for high-value collections and rare coins.
Antique Booths and Local Auctions – A way to reach collectors who prefer in-person transactions.
If you want to host auctions, YouTube allows you to sell once you’ve built a following.
Preparing Your Coins for Sale
Do not clean your coins! Cleaning can decrease their value.
Store them properly to prevent damage (use coin flips, holders, or slabs).
Organize your collection with clear labels, including the date, mint mark, and grade.
Set realistic prices based on sold listings and market trends.
Avoiding Common Mistakes
Selling before researching – Take the time to understand what you have.
Misrepresenting errors or grades – This can harm your reputation.
Ignoring grading services – Professional grading can boost value, especially for rare coins.
Overpricing coins – Unrealistic prices will lead to unsold inventory.
Resources for Further Learning
CoinHelpU offers extensive video guides on:
How to sell your coins
Dealing with coin dealers
Appraising collections
Starting a coin business
Insider tips from coin dealers
Final Thoughts
Selling coins doesn’t have to be complicated. By educating yourself on values, grading, and selling platforms, you can maximize your profits while avoiding common pitfalls. Be patient, use reliable sources, and choose the best selling method for your situation.