When someone dies and leaves a collection of coins, what is the best way/place to sell the coins?
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May 7th, 2009 at 2:42 am
The easiest way is to sell it to a reputable coin dealer. If you are willing to do a lot more work, you can get more money by selling the coins yourself on ebay. Dealers will typically pay about 60% of the fair market value for your coins. They are not cheating you, they are just in business to make money and need to make a profit to stay in business. By selling on ebay, you cut out the middle man. Sell key dates and valuable coins individually, and sell common coins in larger lots. Good luck!
May 7th, 2009 at 2:42 am
Get in touch with a NUMISMATIC shop or organizatin in your town/ city. Try the yellow pages or call and ask a place that sells or buys baseball cards (many are located within a numismatic shop). FYI: Numismatics dedicate themselves to the collection and study of coins, paper money, tokens and medals. Many places will even appraise and buy your coins. Good luck!!!