The Real Value Of Your Coins Collection?

Whether you collected the coins collection you hold or whether you inherited it
from your grandpa;
You might want to sell some or all of the coins you have, well before you do so
let me give you some advices and prepare you for what you will face while doing
so.

There is several ways to sell your coins, your friends and colleagues might as
well suggest some other ideas of what you have.
But first you have to try to get an idea of the real value of the coins.
The frustrating part is when you discuss the value of your coins with a coins
dealer, here is my advice; if you are not a dealer then never sell to a dealer!

I'm talking about some and not all of the dealers, those who will offer you
lower prices than what your coins really worth, and in the same time if you
send someone to his shop to purchase a similar coin of which he offered you 1$
to buy from you he wont sell it for less than 12$ for instance, don't be
shocked from the buy and sell margin because this is true most of the times.

Through my experience with some dealers, I have faced exactly that.
Once you visit a dealer in his shop and show him that you are a newbie in coins
or stamps collecting then immediately you will get the welcoming feelings and
behavior from the dealer.

On the other hand, if you show your experience to the dealer then you will soon
feel unwelcome in the shop.

I refer this to the lack of honest and un experienced dealer, many of them are
not experts and they just follow the market, the coin in most demand and brings
most profit is the most valuable coin to them.
Never the less, don't rush to sell your coins, but following I would suggest to
you some ways to get an idea about the real value of your coins:

- stop by some shops in your town that have some or any of the coins you
have, and ask about the price and get an idea, usually they will offer you the
coins on a higher price than what they worth.

- Log into your ebay account, and if you don't have one then register ,it
will take few minutes to do so, you never know when you will need your ebay
account in the future to purchase or sell something, after you log into your
ebay account,

o search for the coin you have first in the auctions and don't forget to
choose the coins category from the products drop down menu .
o check the running auctions which are about to end, and add them to
your watch list so that you can tell the price it was sold for (this is because
most of the bids happen to occur in the last 5 minutes before the ending of the
auction).
o another good way is to search the buy it now items on the menu on the
left so that you can view the fixed price items only, this is very helpful
because sellers who offer a coin on a fixed price value they usually know the
value of the coin, though it might be less than the actual value of the coin in
recent catalogues.
o checking the completed listings only from the left panel on the search
page on ebay will give complete the search job for ended items similar to this
coin.
- Another way which was supposed to be the first in my list here, but I
didn't list it for few reasons, check the world coins and banknotes
catalogue ,but from my experience the geographical location of where you are
plays a major role in the price of the coins you hold, due to the huge amount
of coins and banknotes around the world collectors tend to collect items of a
country which they specialize in or have an emotional connection with that
country, but by listing your products in the right place ahead of the
collectors around the world due to the globalization of the ecommerce then this
should not be a problem for you.
Another ways might exist for evaluating your collection, but I'm running out of
time now, I hope this topic will be enriched in the future with more
information, you may share with us your experience as well in this topic.