we do buy coins. We sell them and have to get them someplace.
We buy individual coins as well as sets and entire collections.
The fastest way to turn your coins into cash
is to sell them outright. We
are happy to make you an offer on any US coins you wish to sell and issue
an immediate check if you accept our offer. Alternatively, if you
prefer to trade for other coins in our inventory or accept a store credit, we
can typically make our offer a little higher. Essentially, we are willing
to give up a bit of our margin if you are willing to spend the proceeds back
For customers with more time, we can help
maximize the selling price by accepting your coins on consignment. Our
sales strategy is based on volume and turning our inventory quickly rather than
maximizing the sale price. For example, if we buy a coin for $1000 and can
sell it in one month for $1100 or market it for three months and ultimately sell
it for $1200, we would rather sell it for $1100 and reinvest the proceeds into
another coin. If we can sell three coins in the same three month period,
we make $100 more than if we held out for the higher price on the first.
On the other hand, with a consignment arrangement, our capital is not tied up in
the coin and our compensation is a percent of the sales price.
Accordingly, our interest is less in a quick sale and more in maximizing the
sales price for our consignor. In short, if you are interested in a quick
sale, sell your coins outright. If you are interested in maximizing the
sales price, consider a consignment arrangement.
We have a large customer base and can use our Want List
Service and Mailing Lists to market your coins. We
make them available on our extensive website inventory, list them in our upcoming
advertisements in Coin World, Numismatic News or other specialized
numismatic publications as appropriate, make them available at one or more of the many
coins shows we attend around the country every year,
present them on one of our eBay,
auctions, or offer them in our eBay
store. We can professionally photograph your
coins, accurately describe and attribute them, and attractively present them for you in one or more of our
marketing channels without any up front cost to you. The
net to you the seller is often higher than should you decide to do it
yourself due to our existing customer base, the broader exposure we can offer
through multiple marketing channels, and the comfort
factor buyers get in dealing with an established dealership.
Even if you have already decided to consign
your coins to a major auction house (e.g,, Heritage, Bowers & Merena,
Teletrade, ANR, etc.), you should still consider talking to us first.
Because of our relationships and the volume of business we conduct with the
major auction houses we can often get you a better financial deal than you would
be able to get on your own. In addition, we can assist with setting
reserves, assist with certifying
raw coins, and reviewing already certified coins for upgrade or cross over
If you have coins for sale, please contact us
with a description and we will be happy to try and work out an arrangement
that fits your situation.