Turn Your Old Gold Into Cash!

How To Sell Coins

Many people today are ending up with old coins such as Indian Head Cents and may not know what to do with them, or how much they are worth. If you are in this situation, the good news is that those old coins are likely worth far more than face value. By face value, I mean they are worth more than what is minted on the coin. Old coins, such as Indian Head pennies are indeed worth more than the one cent that is stamped on the reverse of the coin.

One note of clarification, the official US term for our small denomination coin is CENT. Penny is a term that is a carryover from the days of British Rule. Even so, the term penny is so commonly used, we will the words penny and cent interchangeably.

Indian Head Cents, were minted by the US government from 1859 through 1909. Another coin that preceded the Indian Head cent was the Flying Eagle Cent. This coin was produced in 1857 and 1858. There were a few thousand prototypes produced in 1856 that are quite rare.

Indian Head Cents are very easy to identify. They are the same size as the cent that is in use today but instead of a portrait of Abraham Lincoln on the front, there is a portrait of an Indian. The coin's reverse side shows ONE CENT within a laurel wreath.

If you have these coins, it is typically worthwhile to separate them from other pennies. Bulk Wheat Pennies are only worth 3 to 4 cents per coin, where Indian Head Cents are worth much more.

During the sorting process you may want to sort them by their appearance. Coins that are corroded, beat up, bent, holed, etc will not be worth very much, whereas nice and original coins could be worth much more. This is a good place to interject this comment. Do not clean your coins. Collectors like coins that are in their original state. If you clean your coins in any way, you will significantly reduce their value. Yes, it really will. Please do not clean your coins.

Once you have sorted them, you can begin getting quotes for your collection. When contacting a buyer, s/he may ask you a few questions about them. Most often, this will be about their condition. Also, you may be asked if they are in rolls, coin folders or albums. Be prepared to answer those questions to ensure you get the best price for your coins.

Almost all offers you receive will be contingent on examination of the coins. The reason for this is simple; everybody has a different opinion on grade. What you think is decent shape may not be decent shape according to the buyer. Many dealers will tell you they will charge you back postage for misrepresented coins. So be sure to give an accurate description to any potential buyer.

Selling those old Indian Head Cents, or any other coins, is a fairly straight forward process. By following this advice, you will be well on your way to divesting yourself of those old coins.

Frequently Asked Questions

  1. QUESTION:
    I want to sell coins to collectors?
    But I don't really know what years to look for on the coins. I know 1933 and before are really good but I'm just looking for maybe higher years that I can sell and how much they might be worth. (A few bucks for a penny is really all I'm looking for or something like that)

    Thanks a bunch in advance!

    • ANSWER:
      You mean you wish to buy and then sell? Or just sell?

      In either case, selling them online through Etsy or Ebay would be a good idea. You can also try the local coin collectors' society if you have any in your area and put up a small announcement for people to contact you.

  2. QUESTION:
    hows the best way to sell coins?
    i have a bunch of coins from all around the world and they are all very different. and i am no long interested in keeping them and im not exactly sure how to go about selling the coins.

    • ANSWER:
      pawn shop or coin shop

  3. QUESTION:
    how to open a shop to sell coins & gold & jewelry?
    help! some things aren't clear to me, i know that you can sell your precious silver and gold coins on ebay or other retailer(coin shops)
    BUT what i dont know is that do you need special certifications or anything else to open your own coin shop to sell and buy jewelry, silver or gold

    sue-

    • ANSWER:
      Inquire at City Hall of your town.
      Suggest you also write a business plan before you open your doors.
      Also: Are you educated in precious metals and numismatics?
      Very serious prerequisites....if you hope to derive a Profit.

  4. QUESTION:
    Can someone please give me some advice on how to sell coins? Plz!! Idk if they are valued at anything.?
    I have coins from five cent Buffalo/Indian heads, half & one dollar coins, pennies from the 1800's, dimes from the early 1900's, & I am guessing a silver penny not copper.

    • ANSWER:
      Go to Borders and look up the prices in a catalog, first. http://www.borders.com.au/book/2010-north-american-coins-and-prices-a-guide-to-u-s-canadian-and-mexican-coins/4460818/ They let your read all you want, bring a notepad, write down the values, take notes. If at a library, you can photocopy the page as a reference for when you go to sell.

      I don't trust most people in evaluating the price because they can gain by providing the wrong info. I've had numismatists say no one would ever provide false info, but I'm paranoid. You'll just want to know what you're selling and how much it's worth.

      I should also remind you that the prices in these books are current market value, not set in stone prices. Some people will pay more (like some coins only have 100k minted, worth , but you'll get offers for because so many want that coin) and some coins that are valued at a high amount you'll end up getting less for it on a slow week or something-- but, it does give you a much better idea of what to expect.

      If you sell to a coin store, expect them to take somewhere around 25-40%. You'll want to weigh your options. I had a gold American eagle: they offered ; I sold it for 2, but had fees. Probably ended up getting around for the extra work. Market value was about 0 at the time (about fifty people selling their gold coins, too. guh!)

      eBay is around 20-30%, but it's a sliding scale so if you're selling something into the thousands you get a better deal but get screwed on the two dollars here and there. Selling on Google shop, they appear to charge something like 3% for handling transactions and I believe another 3% for listing fees etc etc. More bang for your buck compared to eBay, but with eBay, people go to eBay all the time - it's known. Unless you're in a business and keeping a spreadsheet selling on eBay, you really have no idea how much you're spending (or wasting). Shipping fees, packaging fees, listing fees (they give you free auction listings, but price carefully or you might sell a coin for 99¢ if not enough people are around to bit on it), money handling fees (PayPal). They tend to nickel and dime you to death on eBay http://pages.ebay.com/help/sell/fees.html, but you sell much faster than other places, for the most part.

      There's also auction houses, city swap meets, craigslist (be careful), and stuff like that. Usually they have you pay a fee for setting up a shop, like a day plus parking or permits etc etc etc. Don't try garage sales. People aren't going to buy a coin and take your word for it, even IF you provide a print out saying it's worth . It's a darn garage sale - two bucks!

      Good luck!

  5. QUESTION:
    How do I go about selling coins that are old? Like silver dollars, quarters, silver certificates.?
    Have a friend that is looking to sell his old coins and silver certificates. How do I go about this without getting ripped off?

    • ANSWER:
      Lot depends on the quality of the coins. If they have a lot of wear then they are most likely more valuable as silver then as Old Coins. You would get the most by selling at a coin show if you want to sell the coins. A dealer will give you an estimate but be aware they want a profit also.
      Of course you can sell them on Ebay.

  6. QUESTION:
    how much real money will 700 habbo coins sell for american dollars?
    I want to sell my habbo coins because I'm tired of the game and wanna see what I can make from my coins.

    • ANSWER:
      Hi, not as much as you might think!

      One throne = About 440 credits

      Thrones sell for £10 ()

      So you're looking at just under £20 or

      Sorry about that :P

  7. QUESTION:
    how do you sell coins?
    i have this coin wich is pretty old its from 1882 how and where can you sell it (i dont know where to)!?

    • ANSWER:
      What country is it from? What is the denomination? Color? Diameter? Weight? Any letters, words, characters, pictures on it?

      I would try to sell it on eBay, but you need a picture and a better description. You could sell it to a coin dealer which you might be able to find at the link, but you might get less for it there.

  8. QUESTION:
    For how much would a 1988 United States mint proof set of coins sell?
    I need some money and I happen to have a set of these mint condition coins.

    • ANSWER:
      If you have an account on eBay, check the "completed" auctions for the "selling" price of the sets.

      5-10$ seems to be the sell price.

      If you can wait till times get better, the prices will get better as well.

  9. QUESTION:
    is it legal to trade or ask for coins from other countries?
    thing is i am interested in numismatics (coin collection). i have quite a few collection of coins from my own country as well as many other countries. and i want to increase my collection.

    so i was wondering if i can ask people from other countries online (say through blog) to share or exchange their coins with me. or may be even buy or sell coins if possible. (by the way how do i determine prices of an ancient coin from a foreign land?)

    • ANSWER:
      Yes, it's absolutely fine to trade coins with other collectors from all over the world. Many have done so, from the US, Europe, etc. But also depends on where you live. To be safe, please check with your local Post first if there're any regulations forbidding sending of numismatic items. There're lots of online clubs and websites of internet coin collectors around if you want to exchange coins. But there're a few things you need to keep in mind before you set off for an online swap. I answered a question of similar nature sometime ago, read it here:
      http://answers.yahoo.com/question/index;_ylt=At0sBHtg5qMXiJYxeFbAfO7ty6IX?qid=20070116002637AAgaZ5h&show=7#profile-info-205a2b54797b496ea875b9c169e57c2aaa

      As for the ancient coin sub-question, you need to refer to coin books, or look up the internet for such an item on sale. Ancient coins are not my specialty, so I can't be of much help here. Just be careful when buying them coz there're many imitation ancients around, and trust me, they are hard to tell.

  10. QUESTION:
    How do I go about buying case lots of rolled coins issued from the us mint?
    The us mint neither rolls nor sells coins by the case so who would I contact to purchase them, besides the ones found on Ebay ?

    • ANSWER:
      have you tried any banks?

  11. QUESTION:
    How come gold is listed at 900 dollars, but 1 oz coins sell for higher?
    Hey,

    I am thinking about buying some gold coins, Krugerrand or American Buffalo. I am looking at prices on ebay, and they are all selling for around 1050. I'm assuming these are all real, because the sellers have such good feedback scores. Would love to hear from anyone with any experience in these matters.

    Thanks,

    • ANSWER:
      If the coins are slabbed and certified by NGC or PCGS, you are guaranteed a genuine coin and an accurate grading. If the coin is sealed in US Mint mylar, you are assured of a genuine coin. The others will carry a slight risk, but you are correct in your assessment of the eBay rating system. The premium prices are for the sellers to make a profit and the costs of slabbing and supply & demand.

  12. QUESTION:
    How to ship currency or coins in the United States?
    I wanted to sell coins and was wondering how coins or currency can be delivered by mail? Does it have to be in a box or can it be in an envelope?

    • ANSWER:
      Most eBay sellers who ship coins within the US use bubble mailers: essentially padded envelopes. If you ship coins that way, you would want to wrap the coins securely so they don't move around, and perhaps add some internal padding - extra newspaper, bubble wrap, or the like - as well as some cardboard stiffeners. Essentially, you don't want it to be possible for anyone to detect that coins or paper money are being shipped from looking at or feeling the outside of the envelope.

      If you're shipping large items in cases (e.g. proof sets), or a very large lot, like many rolls of coins, a box is usually a better idea - it will stand up better to the wear and tear of shipping.

      "Extra internal padding and coins well wrapped" also applies if you're shipping these in a box, as well as in an envelope.

      Delivery Confirmation is very inexpensive ([FAQ-ANSWER].55 or so), and you might also consider spending a couple of bucks to a) require a signature and b) have a return receipt sent to you, depending on the nature of the transaction. If the coins' value is at all high, insurance isn't terribly expensive; if it's very large, registered mail is a good idea. Depending on the nature of your transaction, you can require the buyer to pay for part of all of these services: they help protect you both from non-delivery or damage.

      As a general guide, many eBay coin transactions under 0 or so routinely take place with delivery confirmation, but without insurance, signature confirmation, or return receipt.

      Even if you're selling privately or via some other service than eBay, you might check the Help and Community pages on that site, and eBay Guides, for some excellent advice about shipping coins.

  13. QUESTION:
    where does a person go to sell coin collection?
    a friend needs to o this but needs a reputable place to go. is there certain places and how does he know if it is a good place? thank you.
    Nick i do appreciate your answer but i need to go to a place other than the internet. any other information out there? thank you!

    • ANSWER:
      youll get more money selling them on the internet
      a coin place wouldnt give you enough

      try..
      ebay
      craigs list
      local swap sheet (by phone)
      classifieds

  14. QUESTION:
    How much should I sell my coins for?
    I have two gold coins. One is a 1915 2.5 dollar and the other is an 1856 (can't quite remeber off the top of my head but I think that's the year) hold 1 dollar. Both are in excellent shape. They were likely circulated but you could hardly tell. If I sent these to the NGC to get them graded and sealed would it increase their value? Or should I sell them as they are?

    • ANSWER:
      You can get a free price quote from empire gold.

      http://www.shareasale.com/r.cfm?B=185538&U=366479&M=23357

  15. QUESTION:
    How to sell gold coins without getting ripped off?
    How do I sell my American Eagle one ounce gold coins?

    I have 10 of them and want to sell them. I bought them for 0 and the guy I bought them from charged me per gold coin.

    I could probably sell it back to him with same "margin" of about .

    Is this a good "deal"?

    • ANSWER:
      start off with this site and you can try to ask that person you got them from but don't tell him you got them from him until after you get a price

  16. QUESTION:
    How do you sell old coins?
    My grandma wants to sell her old coins for money.

    They're dirty, but good enough and old. Like 30s, 40s, and 50s old. I don't even know where she got the coins from, she was born in the 50s.

    We don't know the value or how to sell them. Help?

    • ANSWER:
      Do not clean the coins. You can take them to local coin dealers in your area. To help you before that see if a coin club is in your area and ask them about values they will help. Do not be surprised if the coins have little value for coins from the 1830's to 1950's usually have little value. They are not considered old by the coin collecting community. Do not take them to an antique dealer or pawn shop for they usually don't know value and if they do are not the most honest people.

  17. QUESTION:
    Where, How do I sell gold coins at market value?
    Will a bank buy gold coins for market value?
    Or should I sell to a coin dealer?
    Thanks.

    • ANSWER:
      How do you define market value?
      Coin dealers will pay 80% to 90% of the value of the metal or 50% - 60% of catalog value, whichever is greater. Banks, at least in the US, don't buy gold. In Mexico, banks buy Mexican gold coins at about 90% of the metal value but don't buy non-Mexican coins.
      Selling them yourself on eBay might be better, but then you have to consider eBay's fees.

  18. QUESTION:
    How do you sell old coins of 1904,1908 and what is the coast value?
    Like 1 Rupie ostafrika and Funf Mark
    This is very serious and I need to sell and i expect a lot of a value
    Thanks
    Alawi

    • ANSWER:
      It would depend on the condition of the coins and the market in which you are selling them. Without knowing anything about the coins, I can't be of much help. I recommend you check e-bay and other coin selling markets to see what similar coins are selling for and ask a professional numismatist to appraise your coins. This is something that can't be done over Y! Answers, sorry.

  19. QUESTION:
    How do I sell gold coins?
    I keep hearing that gold is a good investment. Banks sell gold coins. If I buy 1, where do I sell it later to get a profit? I want to buy & sell through safe secure channels like banks.

    • ANSWER:
      Generally Banks (which is very secure) do not buy back the gold.

      People are obliged to sell their gold to a jeweller.
      But the advantage is, when you buy gold from banks with a proper receipt and reports or its weight and purity you are almost certain to get the equivalent money even from the jewellers.

  20. QUESTION:
    how and where to sell gold coins from or in Australia?
    hi. i am trying to sell some gold coins . i am located in melbourne but coins from england, sweden,iran. what is the best online store or auction sides apart from ebay i can sell them to? or if anyone is local and knows the place?please help

    • ANSWER:
      try to sell them on ebay or go to a pawn shop and find out how much they are worth

  21. QUESTION:
    I have old US coins and other coins dated 200, 80,50 years ago. How can I sell these coins?
    During 1900 to 1945, Philippines is a clony of US. US coins were used with the letterings "United States of America, Pilipinas", coins dated 1906 to 1945. I have other silver coins dated 200 years ago. I plan to sell them. these coins are my collections.

    • ANSWER:
      You can sell those on ebay. I think that's they easiest way.

      But before doing that research about the each coin and current value of those coins.

      Check ebay coin auction and find how to make one. you have to provide all details and history, photos of the coin, condition of the coin etc. Also better set a reserve price.

  22. QUESTION:
    How do you sell G-Coins in drift city?
    I currently play a game called Drift City... People are selling G-coins in the game for money and i want some "Mito" as well. Please tell me step by step. Also, a dude ssaid tht he needed to know where i lived so i live in Oregon.

    • ANSWER:
      You could possibly sell them on craigslist of kiijiji.

  23. QUESTION:
    What is the best way to determine the value of and then sell antique coins? ?
    Most appraisers are dealers, so I don't think I'd receive a fair valuation. Also how to know if the weight of the gold or silver is worth more than the antique value of the coin.

    • ANSWER:
      If these are US coins get a copy of "A Guide Book of United States Coins", also known as the Red Book. In it is the net weight of pure gold for each denomination of gold coin which you can use to calculate melt value of the coins. In it is also basic grading guidelines and retail pricing for the coins in various grades. The pricing is a little stale but should work for what you are trying to do.

      I would also like to say, contrary to what you think, the vast majority of dealers will treat you fairly and provide you with as accurate a grade and value of a coin as they can. Just remember that grading coins is subjective and that a dealer will generally quote you a wholesale price and not a retail price unless you tell him otherwise. After all he is in the business to make a profit and put bread on his own table. You are his wholesale source for inventory.

      Thank you and good luck.

  24. QUESTION:
    On yoville, How much would rocker eye makeup cost to sell for coins?
    On yoville from facebook. Since its 2011 i thought that it might cost more since it isnt in stores anymore (that i know of). so wouldnt that make the rocker eyemakeup rare? Anyways. how much can i sell it for? And i dont remember how much i bought it for. And this is on Yoville on facebook

    • ANSWER:
      Because 2011 has arrived many people are willing to sell rare and/or discontinued items from 2010. Good news, the rock eye makeup is a discontinued item. It is also good the it has a unique look that any Yovillian might want to accentuate their individual style. All signs point to a nice item that will hopefully sell quickly.
      Now I did look up your certain item and the price is fairly decent. According to Yorehab.com, rocker eye makeup is selling from 5-8k. If you find that price appealing, then sell right away. If you want to hold onto it, though, the price will probably rise and so will demand. It is a gamble that is completely up to you.
      If you were to sell your item, I would suggest going to a crowded trading center where a buyer might be found. With the right asking price I am sure you will be able to sell your item!

      Best of luck, I hope I helped!

  25. QUESTION:
    Where can i sell collectable coins?
    My grandad used to collect them and now i've got huge amounts of different coins and coronation coins all displayed in their own pouches.
    Any idea of how i can sell them or where?

    • ANSWER:
      The place to get the most money would be a coin dealer. With what you say you have I believe you live in Great Britain. There are many good coin dealers there but see more than one and take the best offer.

  26. QUESTION:
    How to find best prices to sell collectables (coins, model cars, dvds, books etc)?
    I want to sell my deceased son's property & collectables (books, model cars, coins, dvds, vhs, etc) How to find the value of items and how do I get best prices?

    • ANSWER:
      if you are serious, try to get the items to a certified appraiser. you can find them in your phone book.

  27. QUESTION:
    what should i sell these coins for?
    I have about 15 wheat pennies ranging in date from 1920 to 1955, I have a 1942 walking liberty half dollar, a 1943 washington quarter, a canadian centennial penny (dated 1867-1967), and a 1937 buffalo nickel (not a 3 legger, though). So I want to sell them on Ebay, should i sell them all as one item, or seperatly? And for how much? I need to make at least 700, is that possible?

    • ANSWER:
      prob not.

      I don't think you'll get that much more than a few bucks at best.

  28. QUESTION:
    How to start selling coins on yahoo?

    • ANSWER:
      I don't think Yahoo! is a very liquid market for coins. You should checkout eBay.

  29. QUESTION:
    Is it possible to sell Krugerrand coins in London? How much would I get?

    • ANSWER:
      Yes it is. You would get whatever the price of gold would be at that moment.

  30. QUESTION:
    How to sell gold coins?
    Could someone tell me how to sell gold coins/bars in India?

    • ANSWER:
      go the a jeweller, but the biggest one , in your town.

  31. QUESTION:
    How to Buy and Sell Gold Coins for Profit?

    • ANSWER:
      if you're referring to bullion coins imho its not worth it. Most "authorized sellers" tack a premium onto their selling price, and same thing you're not going to be able to sell it at the same price.

      The good news is gold coins are very liquid and it might be worth having a couple around in the event of an emergency.

  32. QUESTION:
    How much can i get selling gold coins?
    I have a bunch of the American Gold Eagle .25 ounce coins. How much money can i expect to gain per coin sold to a coin shop? or is there a better place to sell the gold coin to where i can get more money for it?

    • ANSWER:
      A coin dealer will charge a 5% fee on average, so you can expect to sell your 1/4 ounce gold coins (if in like new condition) for about 0US right now. You might get 0US per coin on eBay, but don't forget those fees. I hope that helps.

  33. QUESTION:
    I recently received a bag of coins including a number of Eisenhour silver dollars.?
    I would like to know how much the coins are worth and why some of the coins sell for so much more than others. Thanks in advance!

    • ANSWER:
      It depends on the quality of the coin. I found a site that will help you with all of this.
      http://www.coinflation.com/coins/1971-1978-Eisenhower-Ike-Dollar-Value.html

  34. QUESTION:
    how can i sell my coins that i found?
    have coins, want to sell, how?

    • ANSWER:
      take a good photo(digital) and put the coins on ebay preferably not in a huge quantity at once.
      If they are valuable people will bid on them.
      if not you might loose money.
      You could also see a local coin dealer (or two or more)
      It is hard question to answer without further information on they type, condition and number of coins

      If you could add a further description to your question I might have a better answer.

  35. QUESTION:
    i got lot of old indian coins and foreign coins. Can i sell those coins thru online?
    if so pls guide me how to do that

    • ANSWER:
      Try selling them on auction sites, Ebay for example. You could also take them to the local numismatics society (use Google) and ask them for help.

  36. QUESTION:
    How much would a rare indian coin sell for?
    Its a coin which was minted wrongly and thus is only half printed. I have seen the coing and have a bet as to how much it would sell for? Is there a website where i can get this info.

    • ANSWER:
      Look on Ebay for similar coins.

  37. QUESTION:
    How much would a silver coin sell for?
    I have a silver morgan one dollar coin. I was wondering how much I could get from it at a pawn shop? Its in good condition (from what I see) it has a golden shine to it.
    It's a 1921. I have no clue about the tarnish or whatever. I found it when I was cleaning my father's house after he passed. Did some research and found out it was a morgan silver dollar.
    It also has a VERY small "S" beneath the wreath on the back. Not sure if that means anything or not.

    • ANSWER:
      Most Morgans are very common and are often worth little more than the silver melt value if they are in average shape. Your 1921 S is worth -20, maybe a bit more if condition is outstanding, i.e lots of luster, extremely minor wear, etc. But of course it would be worth more if it was in high uncirculated condition, say MS-60 or above. The S mint mark means it was coined in San Francisco

  38. QUESTION:
    I want to sell some coins?
    i have mercermy dime N some few coins that are from the 1900s...is there a web site where i can know how much they wroth N where 2 sell them at?

    • ANSWER:
      yes.

      The prices quoted on this site are a little on the high side, maybe 20% but it will give you and idea.

      http://www.pcgs.com/prices/index.chtml

      The place to sell them is on ebay. If they are common date mercuries, sell them by the roll. If they are scarcer dates list them individually. You can also check the realized prices on Ebay for the ones you wish to sell and compare the prices against those quoted in the above reference.

  39. QUESTION:
    I have some old coins to sell ( silver quarters and such). How can I be sure not to be ripped off?
    I don't believe they're valuable enough to pay for a professional appraisal.

    • ANSWER:
      Probably you should go consult the person at the local antique shop *telling him/her that you will not sell it to them* so that they stay an impartial judge.

  40. QUESTION:
    ◄How much suould I sell my coin set for►?
    I recently acquired a set of silver coins. ( 1 half dollar, 1 quarter, 1 dime, 2 nickels, and 1 penny.) I am planning on selling them on ebay, but I want to know what is there worth before I sell. They came in a black case with "The Presidential Silver Coin Set" printed on the cover.

    anybody know the price range for something like this?

    • ANSWER:
      You did not mention years. It is difficult to put a value on a coin without a year. Are they proof, uncirculated or circulated? Since the set has two nickels, is it 2004 or 2005? Most US coins from the last 45 years are not silver though some years are worth more than others. You may get more help with more information.

  41. QUESTION:
    How much would a liberty coin sell for nowadays?
    i have a 1989 close-to-mint liberty coin. whats it worth?

    • ANSWER:
      Around double the initial value or more. I would say around 5 bucks.

  42. QUESTION:
    how I can to sell my coins without give my account details bank to my coustomers on internet?

    • ANSWER:
      Use PayPal - you bank details are kept private.

  43. QUESTION:
    how do i go about selling coin and stamp collection and getting the right price!?
    i have a stamp and coin collection but im unsure on how to get them valued and where to sell them to get the best possible price without being ripped off.
    thx y'all
    vic

    • ANSWER:
      Go to your local library and look for the Scott catalog and Krause world coins catalogs first. More often than not, the coins/stamps end up being worth VERY little and not worth hiring professional grading companies - even stuff from the 1800s can be very inexpensive. Anything that's questionable or you're too unsure, hold aside. There will be coin and stamp shops near you, but they tend to take around 30%, give or take. They'll look at a small set and give you an idea of what they are and what they're worth. (For ones that may be worth hundreds or thousands of pounds (just in case scenario) of course you'll want to take them to professional graders in person, which costs a lot). In the event that you have expensive coins, a professional grading company would be idea, as something like a coin in a coin slab tends to be worth more (like PCGS http://www.allcertifiedcoins.com/coins_slabcompanies.html )

      Where you can sell them, I'm not sure. I have the option of eBay (takes usually about 30% plus) or Google shops (takes about 6% total, from the looks of it), a coin shop (usually about 30%), you can put ads in the paper (much smaller fees) and I can take list them on Craigslist (risky for both parties but I keep most money and very little commitment). Online would probably ideal since you seem to have a large collection and you'll have a much broader base to reach (who may also notice something you didn't notice when evaluating your collection). Sometimes you'll get people to bid more on your items than the current market values dictate. Then again, sometimes it works in reverse when the market on the sites are slow at the time. Careful if you're listing them on online auctions, because a coin or stamp that may be around £40-60, at the end of the auction, will in rare occasion end at £5 or something. I'd list test coins/stamps until you get the feel of it, first.

      When you talk to professionals, always get at least two opinions. Do your research. If you go to sell, look for it online or in the papers and see what others are selling theirs for. I know this sounds like a lot of info to take in, but take it one step at a time just going to a library. Those books are also available online, btw. There's no time like the present to cash those coins and stamps in and give others the joy of collecting. You'll want to make sure you get a good price, too, because once they're gone, they're gone. I made the mistake of just trying to get them all sold. There's no hurry. Just enjoy, go slow, consider your options.

      In the mean time or in between

      You can ask hobby professionals here about COINS
      http://www.allexperts.com/el/Coin-Collecting/

      You can ask hobby professionals here about STAMPS
      http://www.allexperts.com/el/Stamps-Philately/

      Please only ask for ones you're unsure of when you need it most.
      They're free, but they're a public service that usually costs a lot.

      Hope this helps and have fun!

  44. QUESTION:
    For the knowledgeable numismatist ( coin collector ) ..ancient Greek/ Roman coins....are they real?
    I see quite many collectors , selling coins dating back from 17-18 centuries to artifacts , highly priced dating all the back to BCE .
    I know there is no black and white method to tell fake from real ( unless I am mistaken , so please correct me wherever ) by just looking at its history , characters etc.
    I wondered is Carbon Isotope dating considered a reliable modern day technique to tell the real age of a valuable. Are there some more similar methods available ? How do I get my artifacts carbon dated ..? whats the instrument called and is it affordable it not where is a good place I can verify the age of these ...
    many thanks again
    Sam

    • ANSWER:
      I believe carbon dating is a destructive test and is therefore not a desirable way of dating coins. At any rate, I have never been a big fan of carbon dating. I recommend the two links below for they are very helpful for identifying and authenticating ancient coins.

  45. QUESTION:
    How much would this gold coin sell for? It's made in 1904 and it says "twenty dollars". Is it worth more now?
    On the front it has a head with "Liberty" on the person's crown. There are 13 stars going around the coin.

    On the back it "United States of America Twenty Dollars" with "in god we trust"...

    I don't know what it's called it's just a 20 dollar coin made in 1904! my grandad gave it to me. how much would it be worth now?

    • ANSWER:
      Assuming that the coin is genuine, it is worth a lot more. Compare it to the coins shown in the link below (navigate using the large arrows). That will give you a rough idea of condition.

      Based on gold content alone, it is worth at least 00. If it is in near-perfect condition, possibly more.

      Do not rub the coin. Only handle it by the edges. Never clean a coin as it destroys value.

  46. QUESTION:
    how do i sell commemorative coins?
    where do i get the buyers and which channels do i use
    what make the public interested or keen to buy them
    what features should i highlight to probe the public to response to the advertisement

    • ANSWER:
      You don't say what country you are in, but eBay has a separate category for commemorative coins that seems to work quite well. This makes your coins visible to collectors throughout the world.
      It would be interesting to know what kind of commemorative coins you are talking about? US silver dollars? UK Five Pound coins? Other?

  47. QUESTION:
    Where can I find out how much these coins and bills are worth?
    I use to collect coins and bills and now Im a bit older and needing some money so I was going to sell my coin collection but I dont know what my coins and bills are worth. There is no place where I live I can bring them so I was wondering if there was a site or anything I can get them appraised. Any ideas?

    • ANSWER:

  48. QUESTION:
    How can I sell my coin collection on ebay?
    I have a huge collection of rare indian coins,
    How can I sell them on internet at ebay or any other safe site
    and what will the procedure to receive money from the buyer......... and other details ....
    plzzzzzzzzz...

    • ANSWER:
      If you really have rare coins you will do better selling them through an auction house rather than on ebay. I recommend taking them to the most reputable dealer where you live for an evaluation. If it is only your opinion that they are rare, I recommend going to the library at 737.4 and looking them up in one of the coin books there. Coins that an average person thinks are rare are often considered common to many coin dealers.

  49. QUESTION:
    How can I best sell some old coins? And learn about their worth too?
    I inherited some old coins a while back, many of them being quite valuable, but I don't know how valuable. I also have a lot of them. I don't know the best way to sell them. I checked out teletrade, but was not too comfortable with it. Is it better to just go to a local dealer? I know I wouldn't get the best price that way though.

    • ANSWER:
      To get a better idea as to your coins' value, check out http://www.pcgs.com/prices/

      Anything worth more than, say, 0.00 you may want to put into an auction. Some major auction houses are Bowers and Merena, Heritage, and Stack's Rare Coins.

      Should you have coins that are auctionable, it is usually worthwhile to have them professionally graded by one of the services, e.g., PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation). They will grade each coin and place it in a sonic-sealed, tamper proof holder. Certified coins bring higher prices at auction than "raw" coins.

      Hope that helps.

  50. QUESTION:
    How much should I sell 49 Sacagawea coins for on ebay?
    Ok, I have 49 Sacagawea coins. They are in circulated condition. They look pretty good not to old or dull looking. I was just wondering how much you think I should sell these for. I was thinkning at least , to meet what they are worth. But I don't know. I want to get more for them. At least a hundred dollars, what do you think?

    • ANSWER:
      I honestly doubt you could sell them for more than . I can just go to my bank and pick them up. Try and sell them, though, you never know. Just put a reserve of on them and you'll be covered.

      good luck


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