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Selling Coin Collection

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Author Previous TopicReplies: 10 / Views: 1,425Next Topic  
New Member
GermansAreAllPowerful's Avatar
United Kingdom
4 Posts
 Posted 09/30/2011  7:09 pm Show Profile   Bookmark this topic Add GermansAreAllPowerful to your friends list Get a Link to this Message Number of Subscribers
Hello everyone,


I am selling my coin collection I would like some good advice as to what I should and where I should go to ensure I get the maximum profit out of my coin collection.
Pillar of the Community
United States
1674 Posts
 Posted 09/30/2011  7:30 pm  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
What kind of coins are they? US, foreign, mixed?
New Member
GermansAreAllPowerful's Avatar
United Kingdom
4 Posts
 Posted 09/30/2011  8:07 pm  Show Profile   Bookmark this reply Add GermansAreAllPowerful to your friends list Get a Link to this Reply

I am going to be selling mostly United States coins.
Valued Member
akane17's Avatar
United States
404 Posts
 Posted 09/30/2011  8:36 pm  Show Profile   Bookmark this reply Add akane17 to your friends list Get a Link to this Reply
ebay is the obvious answer...few helpful hints - take good pics, do your research and start the coins at the price you feel comfortable selling them at, and MAY want to reconsider a different name...may lose some buyers...just my 2cents though.
New Member
GermansAreAllPowerful's Avatar
United Kingdom
4 Posts
 Posted 09/30/2011  8:46 pm  Show Profile   Bookmark this reply Add GermansAreAllPowerful to your friends list Get a Link to this Reply

You don't think I should try to get them auctioned off at the heritage coin foundation. I am trying to find a way to evaluate the value of my coin collection but I only have the 2007 Red Book to go off of. I would like to know where I can get the latest values on the coins I have so I can set them at a reasonable price.
Rest in Peace
Buddy's Avatar
United States
7075 Posts
 Posted 09/30/2011  9:50 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
NumisMedia Fair Market Value Price Guide. It's on the web but I do not know how to post a link. On that site you can look up each coin and see what the value is for a variety of grades. Then you just have to determine the grade which you can do here or by using Photograde, which is a free app.
Pillar of the Community
United States
1674 Posts
 Posted 09/30/2011  10:48 pm  Show Profile   Bookmark this reply Add Numismat to your friends list Get a Link to this Reply
Heritage will not accept consignments that are below a certain value. I've heard of them rejecting single item consignments as high as $1,000 value. For collections, it would have to meet a certain average value per coin.
Rest in Peace
pls's Avatar
United States
1729 Posts
 Posted 10/01/2011  12:17 am  Show Profile   Bookmark this reply Add pls to your friends list Get a Link to this Reply
Aw, stick around here and ask questions about your collection. You might just get interested in coin collecting again. If you HAVE to sell them - and I sincerely hope not - that's a different situation.
New Member
GermansAreAllPowerful's Avatar
United Kingdom
4 Posts
 Posted 10/01/2011  12:56 am  Show Profile   Bookmark this reply Add GermansAreAllPowerful to your friends list Get a Link to this Reply
Yeah unfortunately I don't have enough money to get invest myself in my interests of collecting coins. I would love to do it but I need some sort of financial support as I go through my university. I will try to keep a few but I want to make as much as I possibly can.
Pillar of the Community
Saruma's Avatar
United States
968 Posts
 Posted 10/01/2011  02:44 am  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
For any of your silver or gold coins that are common dates and not in a high grade you need to keep an eye on the melt value of gold and silver. That is the driving force in common date coins of those types right now. I think right this moment isn't the best time to sell them. I suspect that gold and silver are in a temporary dip before returning to at least the highs reached earlier this year.
Valued Member
Funny Money's Avatar
United States
424 Posts
 Posted 10/01/2011  05:41 am  Show Profile   Bookmark this reply Add Funny Money to your friends list Get a Link to this Reply
Here's the numismedia price link...

http://www.numismedia.com/fmv/fmv.shtml
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