Where is the Best Place to Sell Old Coins? [2024]

Have you ever stumbled upon a box of old coins in your attic and wondered if they could be worth something? Well, you’re in luck! In this article, we will explore the best places to sell old coins and help you get the most value out of your collection.

Table of Contents

• Quick Answer
• Quick Tips and Facts
• Background: The Value of Old Coins
• 1. Heritage Auctions
• 2. eBay
• 3. Stack’s Bowers Galleries
• 4. APMEX
• 5. Your Local Coin Dealer
• 6. Online Coin Marketplaces
• 7. Coin Shows and Conventions
• FAQ
• Conclusion
• Recommended Links
• Reference Links

Quick Answer

If you’re looking for a quick answer, the best place to sell old coins depends on various factors such as the rarity and condition of the coins, your location, and your personal preferences. However, some popular options include:

• Heritage Auctions: A reputable auction house that specializes in rare coins and offers expert guidance.
• eBay: An online marketplace where you can reach a wide audience, but be prepared to do your own research and handle the selling process.
• Stack’s Bowers Galleries: Another well-known auction house with a long history in the coin industry.
• APMEX: A trusted online precious metals dealer that also buys and sells coins.
• Your Local Coin Dealer: A knowledgeable professional who can provide personalized advice and potentially offer competitive prices.
• Online Coin Marketplaces: Platforms like Coin Value™, where you can connect with collectors and dealers directly.
• Coin Shows and Conventions: Events where you can showcase your coins to a targeted audience of enthusiasts and professionals.

Keep reading to learn more about each option and discover additional tips for selling your old coins.

Quick Tips and Facts

Before we dive into the details, here are some quick tips and facts to keep in mind when selling old coins:

• Research is key: Take the time to research and evaluate your coins to determine their potential value. Factors such as rarity, condition, and demand can greatly impact their worth.
• Get a professional opinion: If you’re unsure about the value of your coins, consider getting them appraised by a professional numismatist. Their expertise can help you make informed decisions.
• Consider the selling fees: Different selling platforms and services may charge fees or commissions. Take these costs into account when deciding where to sell your coins.
• Build relationships: Establishing relationships with reputable dealers, collectors, and auction houses can open doors to better selling opportunities in the future.
• Protect your coins: When handling and shipping your coins, make sure to use proper protective measures to prevent damage or loss.

Now that you have some background information, let’s explore the best places to sell old coins in more detail.

Background: The Value of Old Coins

Old coins can hold significant value, both monetarily and historically. The value of a coin is determined by various factors, including its rarity, condition, demand, and historical significance. Some coins may be worth only their face value, while others can fetch thousands or even millions of dollars at auction.

To find out what your coins are worth, you can consult various resources such as price guides, online databases, and professional appraisers. These resources can provide you with a general idea of the potential value of your coins, but keep in mind that the final selling price may vary depending on market conditions and buyer interest.

Now, let’s explore the best places to sell your old coins and maximize their value.

1. Heritage Auctions

When it comes to selling rare coins, Heritage Auctions is a top choice for many collectors and investors. With over 40 years of experience, Heritage Auctions has established itself as one of the leading auction houses in the industry. They specialize in rare coins, offering expert guidance and a wide reach to potential buyers.

✅ Pros:

• Access to a large network of collectors and investors.
• Expert guidance throughout the selling process.
• Potential for high selling prices, especially for rare and valuable coins.

❌ Cons:

• The auction process can take time, and there are no guarantees on the final selling price.
• Heritage Auctions charges seller’s fees and commissions.

CHECK PRICE on: Heritage Auctions | Heritage Auctions Official Website

2. eBay

eBay is a popular online marketplace where you can sell almost anything, including old coins. It offers a wide audience and the potential for competitive bidding, which can drive up the selling price. However, selling on eBay requires some effort on your part, as you’ll need to create listings, handle shipping, and potentially deal with buyer inquiries.

✅ Pros:

• Wide audience and potential for competitive bidding.
• Control over the selling process, including pricing and listing details.
• Ability to reach international buyers.

❌ Cons:

• Research and knowledge about coin values are essential to set appropriate prices.
• Seller fees and commissions apply.
• Potential for scammers and fraudulent buyers.

CHECK PRICE on: eBay

3. Stack’s Bowers Galleries

Stack’s Bowers Galleries is another reputable auction house with a long history in the coin industry. They specialize in rare coins and have a team of experts who can provide guidance throughout the selling process. Stack’s Bowers Galleries holds regular auctions and attracts a wide range of collectors and investors.

✅ Pros:

• Expert guidance and a long-standing reputation in the industry.
• Access to a large network of potential buyers.
• Potential for high selling prices.

❌ Cons:

• The auction process can take time, and there are no guarantees on the final selling price.
• Seller’s fees and commissions apply.

CHECK PRICE on: Stack’s Bowers Galleries | Stack’s Bowers Galleries Official Website

4. APMEX

APMEX is a trusted online precious metals dealer that also buys and sells coins. While they primarily focus on bullion and investment-grade coins, they may also be interested in purchasing rare and collectible coins. APMEX offers competitive prices and a straightforward selling process.

✅ Pros:

• Trusted and reputable dealer.
• Competitive prices for both bullion and collectible coins.
• Convenient and straightforward selling process.

❌ Cons:

• Limited focus on rare and collectible coins.
• Prices offered may not always reflect the full potential value of your coins.

CHECK PRICE on: APMEX | APMEX Official Website

5. Your Local Coin Dealer

If you prefer a more personalized approach, selling your old coins to a local coin dealer can be a great option. Local coin dealers are knowledgeable professionals who can provide expert advice and potentially offer competitive prices for your coins. Building a relationship with a trusted local dealer can also open doors to future selling opportunities.

✅ Pros:

• Personalized advice and guidance from a knowledgeable professional.
• Potential for competitive prices.
• Opportunity to establish a relationship with a local dealer.

❌ Cons:

• Limited reach compared to online platforms.
• Prices offered may vary depending on the dealer’s expertise and demand in your area.

CHECK PRICE on: Your Local Coin Dealer

6. Online Coin Marketplaces

In addition to eBay, there are several online coin marketplaces where you can connect with collectors and dealers directly. These platforms, such as Coin Value™, provide a dedicated space for buying and selling coins. They often offer features like user ratings, secure transactions, and forums for discussions and advice.

✅ Pros:

• Direct access to a community of collectors and dealers.
• User ratings and secure transactions for added peace of mind.
• Potential for competitive prices.

❌ Cons:

• Research and knowledge about coin values are essential to set appropriate prices.
• Limited reach compared to larger online marketplaces.

CHECK PRICE on: Coin Value™

7. Coin Shows and Conventions

Coin shows and conventions are events where coin enthusiasts and professionals gather to buy, sell, and showcase their collections. Participating in these events can provide you with the opportunity to connect with potential buyers who have a specific interest in coins. You can showcase your coins, network with other collectors, and potentially negotiate deals in person.

✅ Pros:

• Targeted audience of coin enthusiasts and professionals.
• Opportunity to showcase your coins and network with potential buyers.
• Potential for direct negotiations and immediate sales.

❌ Cons:

• Limited to specific dates and locations.
• Costs associated with attending the event, such as booth fees and travel expenses.

Now that you have a better understanding of the best places to sell old coins, let’s address some frequently asked questions.

FAQ

What is the best way to sell old coins?

The best way to sell old coins depends on various factors, including the rarity and condition of the coins, your location, and your personal preferences. Some popular options include auction houses like Heritage Auctions and Stack’s Bowers Galleries, online marketplaces like eBay and Coin Value™, and local coin dealers. Consider the pros and cons of each option and choose the one that aligns with your goals.

Read more about “What is the Best Website for Coin Values in 2024?”

How do I find out what my coins are worth?

To find out what your coins are worth, you can consult various resources such as price guides, online databases, and professional appraisers. These resources can provide you with a general idea of the potential value of your coins. However, keep in mind that the final selling price may vary depending on market conditions and buyer interest.

Read more about “What is the Best Website to Find Coin Values? …”

How do I get the best price for old coins?

To get the best price for your old coins, it’s important to do your research, evaluate the condition and rarity of your coins, and consider multiple selling options. Getting your coins appraised by a professional numismatist can also help you determine their potential value and guide you in setting appropriate prices.

Read more about “Are my foreign coins worth anything? …”

Is there a free app to scan coins for value?

Yes, there are several free apps available that allow you to scan coins and get an estimate of their value. Some popular options include PCGS Photograde, NGC Coin Details, and Coinoscope. These apps use image recognition technology to identify coins and provide information about their potential value. However, keep in mind that these apps can only provide estimates and should not be considered as definitive appraisals.

Now that you have a better understanding of selling old coins, let’s wrap up with a conclusion.

Read more about “Is there a free app to scan coins for value?”

Conclusion

Selling old coins can be an exciting and potentially lucrative endeavor. Whether you choose to sell through auction houses like Heritage Auctions and Stack’s Bowers Galleries, online marketplaces like eBay and Coin Value™, or local coin dealers, it’s important to do your research, evaluate your options, and consider your personal preferences.

Based on our analysis, we recommend considering a combination of online platforms like eBay and Coin Value™, as well as local coin dealers. These options provide a balance between convenience, potential for competitive prices, and personalized advice.

Remember to protect your coins during the selling process and establish relationships with reputable professionals in the industry. By following these tips and exploring the best places to sell old coins, you can maximize the value of your collection and turn your old coins into a rewarding experience.

Recommended Links

• Coin Values
• Crypto Coins
• Crypto Coin Mining
• Coin Identification
• What is the Best Website for Coin Values in 2024?

Reference Links

• 5 Best Places To Sell Rare Coins and Paper Money