Coin Buyers
Sell to a Coin Shop - Now the coin dealer is going to buy them for less than they are worth, and this is normal. If the guy/gal running the coin shop bought them for fair value then he couldn't sell them and make a profit. They are running a business, not a charity right? So how much less is the guy going to offer you? The Coin Purse is Nashville’s oldest and largest coin dealer and coin appraisal source. Our staff of appraisers is uniquely qualified to value or purchase your coin collection. Established in 1968, we have provided personal service to the novice and those serious about coin collecting for over 46 years.
OK you've spent years possibly decades creating a collection. Or maybe you've just inherited a few coins from Grandma, Grandpa, or your Aunt Mildred.
Whatever the case may be you are interested in trading them in for for cash. Let me first tell you what not to do. Don't take them to a pawn shop, don't take them to a 'Cash 4 Gold' type of store (unless they are Cull), and for heavens sake..don't spend them at face value.
First things first you need to find out how much your coins are worth. After you read this article use our site to manage your coin collection. Other options include picking up the Red Book (link fixed).
Do Not Clean Your Coins! Cleaing them automatically makes them worth less. A coin with a few small dings that has not been cleaned is worth more than a coin that has no dings, but has been cleaned.
Once you've gone through and figured out what your coins are valued at in a healthy market you will need to find a place to sell them. Rather than posting them on craigslist we suggest you sell them on a coin marketplace, or take them by your local coin dealer.
Let's look at the 3 main ways to sell your coins.
- 1.) Sell to a Coin Shop - Now the coin dealer is going to buy them for less than they are worth, and this is normal. If the guy/gal running the coin shop bought them for fair value then he couldn't sell them and make a profit. They are running a business, not a charity right? So how much less is the guy going to offer you? Well between 20%-40% less to give a fair range. Please allow the owner to explain why he is offering what he is offering, and if you think something stinks just leave. No big deal. Most shop owners however tend to be fair assuming you go there expecting to receive slightly less than the coins true value. If you are looking to get rid of lots of coins, really fast, then a coin shop may be a good solution. Don't be afraid to let the owners know (politely) that you are shopping the coins around to various shops.
- 2.) Physical Auction - You may want to find an auction and see if the auction house is interested in listing your collection. They will of course charge a fee either flat or a percentage of the sale value usually.
- 3.) Online Auction or Marketplace - This may be the best option in general for those who wish to get the most for their coins, and are not limited by time constraints. Selling your coins one at a time, over months and possibly years is the best way to get the most for your coin or coin collection. But where? We highly advise against using eBay or feeBay as many people call it. The fees to list and sell a coin on eBay are on the verge of outrageous. Just trust us on this one. Unless you are an expereinced eBay user skip them. So where do you sell online? We've listed a few sites below that are trustworthy fair alternatives to feeBay.
Fair Coin Markets
Great Collections
Found online at GreatCollections.com this site allows you to sell your coins with low fees. 0% for coins over $1,000 or 5% for coins under $1,000. They also offer grading, storage, and a healthy marketplace as of early 2013.
Teletrade
Found online at Teletrade.com this site also allows you to sell your coins with low fees, and offers a nice consignment option. They also offer cash advances, but we are not sure how this works, and so we suggest against it.
Heritage Auctions
Found online at Coins.Ha.com Heritage sells is the largest in terms of overall sales. They sell nearly 1 billion dollars worth of items (not just coins) each year. They are the 600lb koala in the room.
In Closing...
We hope that we have been able help point you in the right direction in terms of giving you a better ability to properly sell your coins, and hopefully get as much money as possible for them. Again be sure use our site to manage your coin collection. It's totally free, and very easy to use. It also has a nice feature that tells you how much the your total collection is valued at. Thanks for reading.
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- *list does not count the newer Presidential Dollars
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CURRENT SPOT PRICES :
- Gold $1835.70
- Silver $27.26
- Platinum $1175.00
When it comes to the sale, purchase, and appraisal of valuable gold, silver, platinum, and rare coins, you need a coin dealer that you can trust. While it seems like options for selling gold, silver, and other precious metals are expansive these days, it's much more difficult to find patient, reputable dealers who will take the time to answer your questions and offer competitive rates. At Atlanta Gold & Coin Buyers, we are proud to offer a customer-centered experience every time. You won't find another coin dealer in metro Atlanta that posts current buying rates online, and when you buy or sell rare coins to us, we'll grant a same-day price lock guarantee.
SELL COINS
Looking to sell your gold, silver, platinum, old, or rare coins? We offer extremely competitive prices for your coins and coin collections. Receive a free appraisal of your items or learn more about the three factors that determine the value of coins.
Sell Gold Bullion
Gold was one of the top-performing asset classes in 2020, and prices are likely to move up in 2021, making it an ideal time to sell your gold bullion for cash. We recommend that you read further to learn more about how to receive the most cash possible when selling gold bullion.
sell silver bullion
Looking to sell your silver bullion? We offer extremely competitive prices for your silver bullion and silver bullion collections. Receive a free appraisal of your items or learn more about the three factors that determine the value of silver bullion.
sell platinum bullion
Platinum continues to be in high demand from an industrial and investment perspective. There are several factors to consider when selling platinum bullion; find out more below.
Why Buy and Sell Your Coins and Bullion With Us
At Atlanta Gold & Coin Buyers, we respect that your time, discretion, and opinion are critical when it comes to making an investment or selling valuable items. You're guaranteed to work with an expert numismatist, who will carefully evaluate your gold, silver, and platinum coins, bullion, or coin collection. Our coin dealers have their finger on the pulse of the market and will always offer fair, competitive, and transparent pricing for your valuables.
How to Make an Appointment
We're happy to answer any preliminary questions you have before scheduling a private appointment at one of our two locations in Johns Creek/Duluth and Atlanta, GA. We are proud members of numerous industry organizations, including the American Numismatic Association, ICTA, Certified Coin Exchange, Roundtable Trading, and CoinNet. We’re also authorized PCGS and NGC coin dealers, and our A+ rating with the Better Business Bureau speaks to our reputation. To request an appraisal appointment, call 404-236-9744, email us at sales@atlantagoldandcoin.com, or fill out our contact form.
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About Atlanta Gold & Coin
We are a family-owned gold, silver, and rare coin dealer in the metro Atlanta area specializing in old and rare coins, including certified or slabbed coins from PCGS & NGC, as well as gold, silver, and platinum coins and bullion. Additionally, we frequently deal in paper currency, old notes, and bills.You can view our current inventory online or learn more about the types of bullion and precious metals that we buy. As a convenience to our customers, we also offer our services nationwide through our mail-in program.