When you find yourself interested in selling a coin collection, there are several steps that need to be taken before you are ready to sell. Two coins that look very similar can have very different values. Brigitte Kruse & GWS Auctions, Inc is here to talk about the steps you need to take before your coins are ready to sell.
Inventory & Organize Your Coin Collection
First off, if you haven’t already, you need to organize your coin collection. If you bring in an unorganized coin collection to be sold, the appraiser or dealer will have to personally organize the coins, wasting their time as well as yours. Organizing your coins before bringing them in facilitates and quick and easy selling process. Many people organize their coins with coin folders or albums that can organize a run of coins, coins with consecutive dates. You can also purchase coin tubes and other coin collecting supplies at your local craft or hobby store.
Organize Your Coins By Type
Organizing your coins by type is a great way to visually see your entire collection. This means, you may group together all of your gold coins, your .999 silver coins, foreign coins, and so on. If you have inherited a coin collection, and the coins are already organized in a coin album or in cases, you should leave them placed until you have time to have them properly appraised.
Evaluate Your Coins
If you are unsure what the value of your coins might be, purchasing a coin collection resource guide could help you figure it out. If you are in possession of a coin that has mintages of 1 million or less, you can count on that coin having some sort of numismatic value.
Coin Appraisal Guide
Even people who have a wide knowledge of coin collecting aren’t considered to be true appraisers. Brigitte Kruse has the education and experience needed to professionally appraise your coins and give you a realistic value. Rare coins are particularly valuable and, when appraised, are well worth the money. Whatever you do, before having your coins evaluated, do not clean the coins. Cleaning the coins decreases their value and permanently damages the coins. It doesn’t matter how dirty they may look, leave them alone!
Buying & Selling Coins & More at Auction in Beverly Hills, Agoura Hills, Palm Springs, Indio & Southern California
One of the best places to sell your coin collection is at auction. Brigitte Kruse & GWS Auctions, Inc can assist you in maximizing your profits and successfully selling your coins at a more than fair rate. Brigitte Kruse has years of experience in appraising and can give you an accurate value for any coins you feel are ready to sell. Call us today for more information on upcoming auctions in your area.