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I know how to look up the retail prices but am not sure the best way to sell a coin on the open market to get the best price.

2007-11-23 03:00:38 · 3 answers · asked by Anonymous in Business & Finance Other - Business & Finance

3 answers

First, go to your local public library and see if they have a copy of the "Standard Catalog of World Coins" (published by Krause Publications), if you have not done so already, and it sounds like you did. That will tell you fineness and gold weight of your coin as well as approximate retail price in a range of different grades. Then go to eBay and see what your coin or coins like it are actually selling for. I hate to say it, but eBay is the dominant market.
Your local coin dealer pays less than retail for obvious reasons: He sells at retail, and needs to make a profit to stay in business.

2007-11-23 05:41:18 · answer #1 · answered by F. Frederick Skitty 7 · 0 0

Go to a coin show where there are a lot of dealers. See www.coinshows.com for a listing of shows in your area.

There is less risk selling to a dealer than selling on ebay.

2007-11-27 14:04:03 · answer #2 · answered by Anonymous · 0 0

ahh simple answer.
yellow pages.
search for banks,
go to the bank and show them the con theyll inspect it and give you a price btu since not all the prices will be the same for it, i suggest trying to search for different banks or coin specialists.
if you just look around youll get a very good price.
and then theres another solution, ebay.

2007-11-23 03:11:20 · answer #3 · answered by ~anonymous~ 3 · 0 0

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