how to avoid choosing the wrong coin dealer
DESCRIPTION
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.TRANSCRIPT
- 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