Coin collecting is the collecting of coins or other forms of minted legal tender. Coins of interest to collectors often include those that circulated for only a brief time, coins with mint errors and especially beautiful or historically significant pieces.
Coin collecting, also called numismatics, the systematic accumulation and study of coins, tokens, paper money, and objects of similar form and purpose. The collecting of coins is one of the oldest hobbies in the world.
A gold coin is a coin that is made mostly or entirely of gold. Most gold coins minted since 1800 are 90–92% gold (22 karat), while most of today's gold bullion coins are pure gold, such as the Britannia, Canadian Maple Leaf, and American Buffalo. Gold has been used as money for many reasons.
- Gold and silver coins. Gold and silver formed the basis for most great civilizations' systems of money.
- Commemorative coins. In the 1930s, numerous proposals for commemorative coins appeared before the U.S. Congress.
- BU Rolls.
- Silver Certificates.
- Art bars.
|American Buffalo Gold Coins 1 ounce American Buffalo Gold Coins available from JM Bullion.||As Low As $2055.13|
|American Gold Eagle Bullion Coins 1 ounce American Gold Eagle Coins available from JM Bullion.||As Low As $2060.13|
Are gold coins worth more than gold?
Can I sell gold coins to a bank?
Are gold coins worth any money?
What is better gold bars or coins?
How can I tell if my gold coin is real?
- 01 of 10. 1909-S V.D.B. Lincoln Cent.
- 02 of 10. 1921 Peace Dollar. Heritage Auction Galleries.
- 03 of 10. 1878-CC Morgan Silver Dollar.
- 04 of 10. 1914-D Lincoln Cent.
- 1955/55 Doubled Die Lincoln Cent. James Bucki.
- 06 of 10. 1937-D 3 Legged Buffalo Nickel.
- 07 of 10. 1916-D Mercury Dime.
- 08 of 10. 1917 Standing Liberty Quarter:
- 1933 Saint-Gaudens Double Eagle.
- 1804 Draped Bust Dollar.
- 1861 Confederate States Half-Dollar.
- 1974 Aluminum Penny.
- 1913 Liberty Head Nickel.
- 1776 Silver Continental Dollar.
- 1943 Copper Penny
- 1.) Sell to a Coin Shop - Now the coin dealer is going to buy them for less than they are worth, and this is normal. If the guy/gal running the coin shop bought them for fair value then he couldn't sell them and make a profit. They are running a business, not a charity right? So how much less is the guy going to offer you? Well between 20%-40% less to give a fair range. Please allow the owner to explain why he is offering what he is offering, and if you think something stinks just leave. No big deal. Most shop owners however tend to be fair assuming you go there expecting to receive slightly less than the coins true value. If you are looking to get rid of lots of coins, really fast, then a coin shop may be a good solution. Don't be afraid to let the owners know (politely) that you are shopping the coins around to various shops.
- 2.) Physical Auction - You may want to find an auction and see if the auction house is interested in listing your collection. They will of course charge a fee either flat or a percentage of the sale value usually.
- 3.) Online Auction or Marketplace - This may be the best option in general for those who wish to get the most for their coins, and are not limited by time constraints. Selling your coins one at a time, over months and possibly years is the best way to get the most for your coin or coin collection. But where? We highly advise against using eBay or feeBay as many people call it. The fees to list and sell a coin on eBay are on the verge of outrageous. Just trust us on this one. Unless you are an experienced eBay user skip them. So where do you sell online? We've listed a few sites below that are trustworthy fair alternatives to feeBay.
Fair Coin Markets
Found online at GreatCollections.com this site allows you to sell your coins with low fees. 0% for coins over $1,000 or 5% for coins under $1,000. They also offer grading, storage, and a healthy marketplace as of early 2013.
Found online at Teletrade.com this site also allows you to sell your coins with low fees, and offers a nice consignment option. They also offer cash advances, but we are not sure how this works, and so we suggest against it.
Found online at Coins.Ha.com Heritage sells is the largest in terms of overall sales. They sell nearly 1 billion dollars worth of items (not just coins) each year. They are the 600lb koala in the room.