January 01, 2020 - Antiques, Art and Collectibles
These have to be worth some money now, right? The truth is that it depends! Not all coins are equal.
Keep reading to find out how to sell rare coins and how to get coins value appraised by a professional.
So many coins out there are actually worth a lot more money than people may realize, but since they never get them appraised, they never find out the value!
The process of getting a coin looked at and then being able to sell it for a high price can be extremely exciting. For some people, they can easily get hooked on the experience and start hunting for more rare coins that they can sell.
If you happen to have some coins sitting in a drawer somewhere or are an avid collector of coins that you find interesting, it is worth it to take them in and have them viewed by a professional.
Think gold or silver coins that are in good condition and might be older or from a specific time period. If they are from certain countries, are in high demand, or are super rare, you will find the most money in these circumstances. Whatever you do, don’t have the coins cleaned.
This is going to be where you’ll find the best bang for your buck!
A lot of people think of pawn shops when they think of the spot they go to sell weird or interesting things.
The truth is, however, that not all pawn shops are going to be the same in terms of operation or management. This also means they don’t all accept the same types of items.
Most of the time, if a pawn shop does accept coins, they will be looking for specific types of coins.
Pawnbrokers that work in pawn shops with coins will have the experience that is necessary to determine the value of your rare coins and see if you may be willing to trade them in for a certain amount. They know what to look for in quality.
If you want to sell rare coins, there are a lot of ways to do it that will help you get a good amount of money. The rarer the coin is, the better off you will be!
Remember that not all coins are worth the same amount, so don’t be discouraged if one coin you find isn’t worth that much. Keep searching and, eventually, your collection will grow to the point that you will have a few rare and in demand coins.
If you are interested in learning a bit more about pawning your coins, check out our blog post to find out more.
David Stiebel is one of the cofounders of PawnGuru. David was educated at MIT, where he studied Math. He subsequently worked at Bain as a data scientist before starting PawnGuru in 2015. He started PawnGuru to build a better tool for pawn shops and consumers to connect.More Articles