How To Get The Most Out Of Your Coin Collecting

OK you’ve spent years possibly decades creating a collection. Or maybe you’ve just inherited a few coins from Grandma, Grandpa, or your Aunt Mildred.

Whatever the case may be you are interested in trading them in for for cash. Let me first tell you what not to do. Don’t take them to a pawn shop, don’t take them to a “Cash 4 Gold” type of store (unless they are Cull), and for heavens sake..don’tspend them at face value.

Do Not Clean Your Coins! Cleaing them automatically makes them worth less. A coin with a few small dings that has not been cleaned is worth more than a coin that has no dings, but has been cleaned.

Once you’ve gone through and figured out what your coins are valued at in a healthy market you will need to find a place to sell them. Rather than posting them on craigslist we suggest you sell them on a coin marketplace, or take them by your local coin dealer.

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7 Tips To Enjoy Your Coin Collecting More

1. Bring Out Your Dead. Every collector has them. Duds. Bad deals. Low end duplicates.
2. Attribute Your Coins. If you collect series like Bust half dollars or large cents you are probably already a die variety collector and all of your coins are properly attributed.
3. Invest $500 to $1000 in improving your library.
4. Improve your peripherals.
5. Research the pedigrees of your coins.
6. Start a cheap secondary collection
7. Immortalize your collection.

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