Where To Sell Coins For Max Profit

While I would disagree with the statement "has no collecting value" that may only be semantics. The coin shop is correct that it is only worth its weight in gold. That's what my LCS sells them for. Some people might pay a premium if they are slabbed and high Mint state. If it is not slabbed and in high mint state, a buyer would be over-paying if they paid more than the gold value.

You would get more selling on ebay, but you need to consider the fees and the risk of dishonest buyers.

Precious metals are rallying this week. If maximizing sales price is the goal, you'll have to take your bet as to when you sell it vs the price at that time. The other side of the equation is what you paid for it, which is just as important to creating a profit.

not on ebay but if you decide other avenues you have to be aware of the risks involved dealer will try to undercut so my guess is to shop around in your in a big city take it too a few dealer it depends on what they have on hand but my guess is they pay melt value at least if you have something that is very common then if might be good on certain internet forums as someone might be look for that particular coin as they dont want to pay dealer premium of about 5-10% on melt.

if you have loads please don't carry them around as that would be like carry around large amounts of cash, you asking to be stolen from.