Comments on: Reader question: How do I sell my British coins? http://www.mightybargainhunter.com/2008/09/25/reader-question-how-do-i-sell-my-british-coins/ Helping readers to use bargains wisely since 2005 Sun, 12 Feb 2012 16:24:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: nashas mohaddy http://www.mightybargainhunter.com/2008/09/25/reader-question-how-do-i-sell-my-british-coins/comment-page-1/#comment-194073 nashas mohaddy Mon, 26 Oct 2009 15:31:09 +0000 http://www.mightybargainhunter.com/2008/09/25/reader-question-how-do-i-sell-my-british-coins/#comment-194073 want to sell george iv silver dated 1823 want to sell george iv silver dated 1823

]]> By: pradeep saxena http://www.mightybargainhunter.com/2008/09/25/reader-question-how-do-i-sell-my-british-coins/comment-page-1/#comment-172652 pradeep saxena Sat, 07 Mar 2009 11:20:32 +0000 http://www.mightybargainhunter.com/2008/09/25/reader-question-how-do-i-sell-my-british-coins/#comment-172652 hi, i have a very old coin of the period of british queen victoria . it has a mistake this is a very unique coin. any one want to purchase it can contact me on my mobile +919917088477 hi,

i have a very old coin of the period of british queen victoria .
it has a mistake this is a very unique coin.
any one want to purchase it can contact me on my mobile +919917088477

]]> By: Terry http://www.mightybargainhunter.com/2008/09/25/reader-question-how-do-i-sell-my-british-coins/comment-page-1/#comment-153982 Terry Fri, 26 Sep 2008 03:48:32 +0000 http://www.mightybargainhunter.com/2008/09/25/reader-question-how-do-i-sell-my-british-coins/#comment-153982 p.s. the value of a rare or scarce coin is determined largely by its "grade" or condition. All coins can be found in a wide range of grades, with correspondingly large differences in value. so catalog or sale prices of coins can differ vastly from the value of "your" coin, depending on the respective grades of the coins. unless the referenced coin AND its grade are the same as yours, you're comparing apples and oranges. p.s. the value of a rare or scarce coin is determined largely by its “grade” or condition. All coins can be found in a wide range of grades, with correspondingly large differences in value.

so catalog or sale prices of coins can differ vastly from the value of “your” coin, depending on the respective grades of the coins.

unless the referenced coin AND its grade are the same as yours, you’re comparing apples and oranges.

]]> By: Terry http://www.mightybargainhunter.com/2008/09/25/reader-question-how-do-i-sell-my-british-coins/comment-page-1/#comment-153981 Terry Fri, 26 Sep 2008 03:42:54 +0000 http://www.mightybargainhunter.com/2008/09/25/reader-question-how-do-i-sell-my-british-coins/#comment-153981 Once you know what you have, approximate values can be obtained from reference books (see above), or better yet (and more "current") you can look up recent sale prices on ebay. (Depending on what you have, you might or might not find recent sales of your coins, but it's worth looking.) If there are any upcoming coin shows - see coinshows.com - in your area, you have an opportunity to shop your coins to multiple dealers conveniently. Sometimes dealers will pay more at a show than they would pay in their shop - dealers go to shows to buy as well as to sell and the dealers have their own want lists to service for their customers, and you might get lucky at a show. In the US, at smaller coin shows you will find at least a few but probably not a lot of dealers selling UK coins. Focus on these dealers. Armed with some idea of what your coins are worth, you can approach these dealers. In the coin dealer context, it is customary for the seller to cite an asking price, which the buyer can accept, reject, or counteroffer. Knowing what your coins are worth is very important, otherwise people often ask too much (and are left holding low-value coins) or ask too little (and sell valuable coins cheap). Once you know what you have, approximate values can be obtained from reference books (see above), or better yet (and more “current”) you can look up recent sale prices on ebay. (Depending on what you have, you might or might not find recent sales of your coins, but it’s worth looking.)

If there are any upcoming coin shows – see coinshows.com – in your area, you have an opportunity to shop your coins to multiple dealers conveniently. Sometimes dealers will pay more at a show than they would pay in their shop – dealers go to shows to buy as well as to sell and the dealers have their own want lists to service for their customers, and you might get lucky at a show.

In the US, at smaller coin shows you will find at least a few but probably not a lot of dealers selling UK coins. Focus on these dealers. Armed with some idea of what your coins are worth, you can approach these dealers.

In the coin dealer context, it is customary for the seller to cite an asking price, which the buyer can accept, reject, or counteroffer.

Knowing what your coins are worth is very important, otherwise people often ask too much (and are left holding low-value coins) or ask too little (and sell valuable coins cheap).

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