How to Sell Coins with Confidence
What is the best way to sell my coins?
The obvious place to sell your old coins is your local coin shop. They will be your best bet for selling low- to mid-range old coins like Wheat cents, Buffalo nickels, junk silver, and scarce silver coins and silver dollars. Check online reviews and feedback for coin stores in your area, and choose a couple to visit.
What is the safest way to sell gold coins?
Your best bet among all options is to sell your gold to a professional bullion dealer. This may simply be one of your local coin shops. Professional dealers will pay you more for your gold than any of the alternatives. They are also by far the safest and most secure place to sell gold.
Which is the best platform to sell old coins?
The best places to sell coins online
- eBay. It’s become an unofficial coin marketplace for thousands of sellers from around the world. …
- Amazon. The Collectible Coins section is an excellent alternative to eBay. …
- Internet Auctions. …
- Your website.
What is the best way to sell silver coins?
The easiest way to sell coins is to track down a reputable dealer. They’ll offer a wholesale price instead of retail, but a lower rate might be worth the convenience. Other options include auctions, online marketplaces, and searching an online forum for collectors.
How much gold can I sell without reporting?
Precious metals dealers are required to report any single transaction in which a customer provided a cash payment of $10,000 or more. Also subject to reporting are any sales that occurred within a 24 hour period and whose combined total is equal to or greater than $10,000.
Can I sell gold coins anonymously?
In most cases, you don’t have to report a gold purchase, including if you have the intention to sell the items online or via your brick-and-mortar establishment. However, the Internal Revenue Service (IRS) requires the seller to disclose the purchase for tax purposes.
Is now a good time to sell silver coins?
The value of these collectible silver coins varies by age, condition and rarity — as well as the going price for silver at any time. Now is a good time to sell. Silver prices have hovered at record highs this month. As of June 08, 2022, the silver resale value in the United States was at $ per ounce, or $ per gram.
What is the safest way to sell silver coins?
You can go to a well-respected pawn shop and get the best deals. Do your research on which pawn shops are worth your effort. You can either pawn your silver coins or sell them. If you sell them immediately, you get a better price than when you pawn your items.
What is a 1964 quarter worth?
The 1964 Quarter Dollar coin was the United States’ first commemorative coin. It was designed in 1932 and later changed into a regularly issued coin in 1934. John Flanagan, a skilled sculptor, designed it. The 1964 quarter value is $0.25 as the face worth, but fetches about $12 in its mint uncirculated state.
How much are wheat pennies worth?
Most wheat cents (wheat pennies were minted between 1909 and 1956) are worth about 4 to 5 cents. Those in better condition can have double-digit value. Special examples (especially those in near perfect condition) can be worth much more. Indian Head pennies from 1859 to 1879 are generally worth more than $10.
How much is a Buffalo quarter worth?
Look for a small tag on top of the bison’s hump. The error will look like a poof of hair on the bison is sticking up, whereas the hump should normally be nicely rounded. Each of these coins are worth up to $100. However, the average circulation State Quarter is only worth the face value of $0.25.
How much is a buffalo nickel worth?
Today, most buffalo details have soft details and obvious signs of wear. However, even a very worn buffalo nickel is worth well above its five-cent face value. According to Coin Study, a circulated buffalo nickel in poor or fair condition is worth a minimum of 40 to 50 cents.
How much is a Indian head penny worth?
Indian Head Penny Values
| DATE | GOOD | UNCIRCULATED |
|---|---|---|
| 1859 Indian Head Penny | $15 | $200 |
| 1860 Indian Head Penny | $10 | $100 |
| 1861 Indian Head Penny | $25 | $175 |
| 1862 Indian Head Penny | $10 | $75 |
What is the rarest mint mark?
5 of the Most Valuable U.S. Coins
- 1794 Flowing Hair Dollar. Mint mark: No mint mark. Face value: $1. …
- 1913 Liberty Head Nickel. Mint mark: None. Face value: $.05. …
- 1870 S Seated Liberty Dollar. Mint mark: S. Face value: $1. …
- 1927 D St Gaudens Double Eagle. Mint mark: D. Face value: $20. …
- 1838 O Capped Bust Half Dollar. Mint mark: O.
What makes a 1900 Indian head penny valuable?
The 1900 Indian Head Penny is extremely attractive to collectors simply because it is the coin that bridges two centuries of Indian Head production. Even in poor condition, these coins will go for a price that far exceeds face value.
What makes a 1965 penny rare?
Quote: It's as SMS that means a special mid-set coin. So that's what this 1965. Penny is now. It is a very high graded coin it's created at a mint State sixty-eight.
Are all 1944 wheat pennies valuable?
How Much Is My 1944 Penny Worth? If it’s a normal 1944, 1944-D, or 1944-S cent, it isn’t worth much. They are some of the most common of common-date Wheat cents. Prices range from around 20 cents in circulated condition, to 35 cents in uncirculated.
Why is the 1877 Indian head penny so valuable?
Considered the key to the series, value and demand is greater for an 1877 than any other Indian penny. Worth $360 and up even when heavily worn, it is a popular date with collectors. Many are assembling sets of Indian pennies and finding a nice 1877 with the least amount of wear is a challenge.
How much is a flying eagle penny worth?
Today, a circulated 1857 Flying Eagle penny grading is worth around $30, and uncirculated pieces are worth around $225 and up. As with all Flying Eagle pennies in the higher grades, be sure to purchase as a certified and authenticated variety, since counterfeits of these early small cents are growing.
What year is the rarest Indian Head penny?
1888
1888 Indian Head Penny: Last 8 Over 7 Variety
This is the rarest and one of the most valuable Indian Head penny varieties found so far.
Is a 1906 penny worth anything?
Your Penny may be worth $1 in G4 (Good) condition, $4.68 in Fine condition, $6 in Very fine condition, and up to $10 in Extremely Fine condition. An uncirculated coin with an MS-60 or MS-63 grade can sell for $30-$57. If you have a proof penny (PR-63), pawnbrokers will award you a whopping $144 or more.
What is the rarest old penny?
10 Most Valuable Old Pennies and What They’re Worth
- 1944 Steel Lincoln Penny – About $375,000. …
- 1958 Double Die Lincoln Penny – About $336,000. …
- 1909 VDB Proof Lincoln Penny – About $269,000. …
- 1856 Flying Eagle Cent – About $173,000. …
- 1864 Indian Head Penny With L – About $161,000. …
- 1914-D Lincoln Penny – About $159,000.
What is a 1943 steel penny worth?
Value of a 1943 Steel Penny
They are worth about 10 to 13 cents each in circulated condition and as much as 50 cents or more if uncirculated.