Selling coins is somewhat more difficult than buying them. When you find a coin buyer in Chicago he or she does not have to buy, in many cases you really have to work hard at it. Like everything else, working hard is fine, working smart is better. There are many do’s and don’ts when it comes to selling coins, let’s have a look a few of the more important tips:
Dealers would prefer complete sets:
Collectors often turn to coin buyers for complete sets of coins; hence it is easier for the dealer to sell at better prices, which of course means you will be offered better prices as well. There is no doubt that loose coins or a “hodgepodge” of coins can have valuable coins hidden in the selection but it is harder for the buyer to make that judgment.
Complete sets are easier to value and they are more attractive to serious collectors. The price that you can expect as the seller will be considerably higher.
Know your inventory:
It is always in your best interest to have a complete inventory of the coins you wish to sell. Perhaps you have one or two duplicates that you want to get rid of, perhaps you have inherited a coin collection and you want to dispose of it.
A knowledgeable coin buyer in Chicago does not necessarily have to see the physical coins to give an estimate of their value. If there is mutual interest then you can move on to the next phase which is letting the buyer see the actual coins. If they are as you initially represented, then the final stage is to agree prices.
Always be honest:
If you are asked a question about your coins and you don’t know the answer, admit it. A coin buyer in Chicago can sense if you are trying to mislead him. Honesty won’t necessarily make the deal happen but it certainly can.
When you are looking for a coin buyer in Chicago, look for one that is an expert numismatist and historically gives honest appraisals. You will be pleased with the results when you take your coins to Chicago Gold Gallery.