Monterey Bay Coins & Collectibles/Pacifica Trading Co.
535 Foam St Ste 101, Monterey, CA 93940(808) 927-8526
Tips For Selling Silver Coins
It is more difficult to sell silver coins than to buy them. This is because you cannot force someone to buy your coins. There is no instant way to sell them so you should work at it. When you are planning to sell your collected coins, you should know the dos and don’ts that you should follow to have a successful result. This article provides several tips for those who are planning to sell their silver coins.
1. Have a complete inventory of what you would like to sell.
You should have accurate information about your collection. This will be your buyer’s calculation basis on the amount that he should pay you.
2. Know the value of your coins.
If you want to sell coins, you should understand the value of the coins so you’ll know if the dealer’s offer is reasonable.
3. Know the different ways to sell.
It is not enough that you only know about the prices, you should also know who to contact to have your coins sold. Ask your friends and coworkers on the right dealers you should see. Listed below are some of the best options in selling your collected coins:
a. Local dealers
There are shops found in your area that can help you in selling your silver coins. Look for those that have been running their business for a long time because they are the ones who will offer fair and decent price for your collection. Local dealers may provide a more convenient and faster way of selling your coins.
b. Pawn shops
Some pawn shops are accepting different types of precious metals, and you may want to find one in your area that offers the best deals.
c. Online dealers and online sites
Online dealers are becoming popular nowadays, so are the online sites that offers you the free chance to post the things that you would like to sell.