Coins Can Hold More Value Than You think
Have you ever came across a 1943 copper penny? Because if you have, you should probably know that it is one of the most valuable collectible coins and is worth up $100,000! Yah, your probably thinking you should go get that back right about now huh?
Selling coins is a funny concept though, it is like selling money for money in a way, which is different from trying to sell estate jewelry. Trying to sell estate jewelry such as, you know, retro or antique pieces, is just as common as selling coins. The first international convention for coin collectors was held in August back in 1962, and there were two locations, Detroit and Michigan in which attracted a total of about 40,000 people. So do not be fooled, there is definitely a market out there for coin dealers and collectors. The coins that interest collectors the most often include those that are circulated only for a brief amount of time, coins with mint errors, and especial the historically significant pieces.
The only problem and common miss conception of how to sell estate jewelry and coins is people always find themselves at pawn shops, and this is a No NO! Pawn shops are a place to go if you are looking to make money off of random old antiques and collectibles. Plus pawnshops are a waste of your time, because in reality, they are just lending you money and holding your belongings for you as collateral, but then if you want them back you get smacked with the highest interest rates.
If you are selling coins, you should seek a place that says WE BUY SILVER, or look for something place that you know where to sell gold to. This is more logical approach at selling coins and other silver, rather than pawn shops. They also will either know, or could help provide some type of coin grading service, but its important to be careful because this service has been said to be a phenomena developed back in the 80s when they were in need of more sellers and buys of coin, gold, and silver. But either way, a silver or gold shop is going to be more helpful and useful than the guy that just trying to hold your collectible long enough to smash you with a high interest rate.