Numismatics is one of the most common hobbies. A good collection, along with educational and aesthetic value, has a real market value. If there is a need to sell coins, you should do it in the most profitable way.
It is necessary
catalogs of coins
Instructions
Step 1
Collectors, as a rule, know at least the approximate value of the coins included in their collection. It is more difficult to understand their value for those who inherited the coins or in some other random way. In order not to miscalculate when selling, you should find information about their real value.
Step 2
The value of coins can be determined from catalogs regularly published by various numismatic organizations. To accurately determine the value of Russian and Soviet coins, a catalog is required that was released not earlier than last year. The cost of foreign coins usually does not change too quickly, so you can estimate the value of a collection using catalogs that even came out two or three years ago. You can buy catalogs in numismatic stores and markets from coin sellers.
Step 3
If you want to sell a coin, you should not inquire about its value from market traders. The following situation is possible: you bring a coin and ask to evaluate it, the merchant names a very good amount, then asks if you want to sell the coin. You agree, get paid and leave, quite pleased with yourself. And only later will you find out that the coin was sold much cheaper than its real price. Therefore, you should contact market traders with an offer to sell only after you know the real value of the coin.
Step 4
The cost of the coins included in the collection can be determined on the Internet at numismatic sites. The Internet makes it possible to sell a rare coin by putting it up for auction - this is one of the best ways to sell. Type in the search engine "sell coin auction" and you will receive all the necessary links. Rare coins are best sold at foreign auctions.
Step 5
When selling a coin, the degree of its preservation is of great importance. The buyer can try to bring down the price by pointing out the wear of the coin, traces of oxides on its surface, etc. The catalogs indicate the value of coins in accordance with their safety. To accurately assess the value of your coin, you must be able to determine its safety.
