In conclusion, we’ve highlighted five different types of coin dealers that have their individual areas of expertise. Before selling your coins, take stock of your inventory, determine what type of coin collection you have, and do your due diligence to select the best coin dealers within the category that best fits your situation. When in doubt, consult with other coin collectors, check online ratings, and the coin dealer’s standing with the Better Business Bureau to identify the right coin dealer for you.
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1. Wrong Coin Dealer
2. and well discuss each of the types of dealers so that you
can select thebest individual or company for your situation.
3. Some coin dealers have experience with a number of
differenttypes of coins, including bullion, collectible, old and
rare coins.
4. that youreinterested inselling, theseare typicallythe best
coindealers to goto.
5. a wide range of coins
6. CONFIDENT THAT YOURE RECEIVING A FAIR PRICE
7. Numismatic coin dealers are sometimes referred to as
rarecoin dealers. These are coin dealers that specialize in rareand
collectible coins
8. rarity and condition of the coins as opposedto the precious
metals content
9. Carson City silver dollar
10. IN DETERMINING THE
11. Gold and silver bullion dealers are coin dealers that
specialize inbuying and selling gold and silver bullion coins.
12. that are primarilybought and sold fortheir precious
metalsvalue as opposed totheir collectiblevalue.
13. in addition to coins
14. specialize in the previously mentioned coins and bullion,
they typically buyand sell in bulk, and are able to offer more
competitive prices than some ofthe other coin dealers
15. Gold and silver coin dealers primarily deal in gold and
silver coins,but know these coins frontwards and backwards.
16. that you may havein your collection.
17. If you have acollection thatconsists ofstrictly goldor
silvercoins,considerutilizing oneof these coindealers.
18. Individuals that live in rural areaswithout access to coin
dealers
19. that theyre receiving locally should consider utilizing
anonline coin dealer.
20. Just be sure to do your homework firstto make sure that
theyre a wellandcointhat is in good standing with the
21. Because coin appraisers and consignment coin dealers are
similar in manyrespects, we decided to group these dealers
together.Some dealersdont directlybuy coins from you
22. COME OUT OF POCKET FOR THE COLLECTIONUnfortunately that
means that the individual selling the coincollection doesnt
immediately receive payment when listingtheir items with this type
of coin dealer.
23. or commission to beassessed against theseller of the
collection