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Where and how to sell coins?

Owners of prestigious collections, of course, know the places where the most solvent buyers are gathered - true collectors and second-hand dealers. Fortunately, in almost every city there are informal and semi-official sales markets. But how to be to those people, to whom ancient rarities came completely by accident and how to sell coins, they do not even know by hearsay ...

The global network as a source of reliable information

Since the emergence of the Global Network, and after it - specialized online auctions, getting reliable information is not a problem. On any official site you can sell commemorative coins, old and any other, without leaving home.

Here, on the site, everyone can get acquainted with the transaction procedure, ways of receiving payments and reviews of other sellers.

Even users-beginners, getting on one of these sites, quickly understand: in order, for example, to sell coins of the USSR, remaining in their property, you must first choose a similar money among those that are already presented in the electronic auction. But sometimes there are overlays ... For example: an inexperienced seller can not understand why his goods are estimated several times cheaper than the analog found on the Internet, despite the absolute external similarity.

What should a novice seller know?

Frightened by the chance to "run into" scammers, an inexperienced seller, even if very in need of money, long does not dare to conclude a deal for fear of losing the goods and staying without money.

Mistrust of online services is often settled in the hearts of newcomers-numismatists after the appraiser "makes a verdict", to which they are not ready. For example, it is much more profitable to sell jubilee coins, which are three to four decades old than the old one, minted centuries ago. To understand why a family jewel hidden on a black day, on which high hopes were placed, turns out to be a penny bauble, it is worthwhile to ask, according to what criteria the prices of auction coins are formed.

Is it worth it to be afraid?

The conclusion of a transaction on an electronic numismatic auction is already a security guarantee. Firstly, the procedure is completely confidential and implies the possibility of obtaining both a highly qualified specialist's advice and other necessary information at any stage of the transaction. Secondly, the value of the lot can change only in the direction of increase. Thirdly - the intuitive interface of the auction.

To understand why an expert working on the site differently estimates almost the same lots, you need to be aware of some subtleties, which are not customary to spread openly. All the information he needs (how to sell, the cost of coins, why the price is exactly this), the newcomer will comprehend in the process of communicating with the administration of the auction or on the forum, exchanging information with other, more experienced, sellers.

Not everything is gold that glitters ...

Like any other professional, the numismatist-evaluator is guided by a set of one known options. For example, old, but unremarkable coins issued in a small circulation, as they say, "for testing", can now be estimated at several tens of thousands of dollars each and are a national treasure. Of great importance is also the level of safety, the quality of gurgening ...

Often it happens that with a coin that is not of special value, such a fascinating story is connected, which took place in real life, thanks to which its price at the auction jumps dramatically. Therefore, before selling coins, it is worthwhile to find out whether any curious, tragic or other incident is associated with them.

By the way, registration on a numismatic forum gives the right to a free evaluation of coins. It's a great chance to consult with the best masters of your business, which are almost impossible to meet offline.

How to sell coins online?

Many people consider collecting art, and old coins - the best object for investment. Why? Coins, despite the global financial crisis, do not fall in price, and, apparently, this explains why so much attention of the general public and the press.

The circle of communication of professional numismatists is rather narrow and closed for amateurs. In this situation, the amateur is not something to sell coins - no one will say the real price. The easiest way to evaluate and sell your collection (or part of it) is to register on the auction site.

Auction sites are arranged so simply that even an inexperienced user can easily find sections to which his products belong. Also, a potential seller needs to find images of their coins and formulate their main characteristics. In general, do everything to interest the administrators of the auction. Then the deal will be completed quickly and will be mutually beneficial. But if the coin is not interested in the appraiser, it may not be worth the time to sell it.

If the decision is made to sell, it can be done immediately after registration at the auction and conclusion of the contract, in which the minimum price of the lot should be stipulated.

Payment and delivery

At any Internet auction, there are always a lot of users who want to sell coins of the USSR. Often, the owners of a large number of coins put up for sale all their "treasures" and, in a hurry, having become acquainted with the terms of sale, lose sight of the fact that instead of commission (the amount of which depends on the final price), a so-called minimum fixed amount that is withheld :

  • With non-profitable lots;
  • With a large number of lots belonging to one seller.

And more ... Before selling coins from the auction, the seller needs to decide how he plans to transfer the goods (by mail or through a private delivery service) and receive payment (electronic money or cash on delivery).

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