Need Advice On How To Sell Australian Coin Collection

to the forum. A question with many, many answers. Give us a little more info, World coins? Aussie pre decimal? Decimal? Notes. Personally I hate seeing someone's treasured collection split up but that is generally the way to maximise a return. Also depends on how much time you have on your hands. Can be very time consuming. Will await further info.

Well the first part of selling a collection is valuing what you have. Now coins are quite unique in the way that there is no common price for a particular date or condition so when you go and have them valued at any coin dealer or auction house they will pay you differently. Another thing is using the internet is a good indicator of RETAIL prices but when you sell the collection you should expect significantly less than these.

Although they will generally charge a fee for a significant collection. Although if you can take some photos of the collection and post them then we can provide a accurate valuation of different piece. Just by the way DO NOT TRY CLEAN THEM IN ANYWAY because that will destroy the value of the coins and if you must handle them try and handle them by the edges and never handle them on the fields of the coin.

Here is a quick run down of some of the more valuable dates of the pre decimal series
Half Penny
1916(mule)
1915
1918
1923
1939
Penny
1920 (no dots)
1925
1930
1946
Threepence
1912
1914
1915
1922/1 overdate
1923
1942M
Sixpence
1918
1922
1924
1939
1952
1953
Shilling
1911
1912
1914
1915
1915H
1921*
1924
1933
1939
1940
Florin
1911
1912
1913
1914H
1915
1915H
1919M
1932
1933
1939

oh okay sorry just blindly copyed from my 2011 mcdonalds

Here's the advice I generally give to people that ask me this question - and being the Secretary of a coin club, I'm asked this question quite a lot.

You've basically got three options.

First, you could try selling them on ebay. This takes the longest time and requires considerable effort on your part (as well as the computer skills, photographic skills and people skills you need to be a good ebay seller), but it is the course likeliest to gain the maximum value for the collection.

Second, you could take your coins into a "bricks-and-mortar" coin dealer - just look up "coin dealer" in the Yellow Pages to find those that are in your area. This has the advantage of being fast - the dealer will offer you cash on the spot. On the other hand, the dealer will not offer you anywhere near "full value" for your coins - a dealer is there to make a profit, and they make their profit by "buying low, selling high". If you don't live in a capital city, the nearest coin dealer might be a long way away.

Third, a "middle of the road" option between these two extremes is to take them to a coin auction house (you should find these listed under "coin dealer" as well) and have them auctioned. It's not as quick as a shop-front dealer sale - you will have to wait until the company holds their next auction, which may be a few months time - but on the other hand, you should get more for your coins than a dealer would offer. Whether this option will be available to you depends on the size and value of the collection; most auction houses have a minimum value of submitted collections.

The no dot is very rare, an overwhelming majority of the examples you see on the market are dot aboves or dot belows with their dots worn away. This is evidenced by the rarity of the 1920 no dot in VF or better (when the dot has not yet had a chance to be worn away).