Where can I sell my old coins UK?
Where can I sell my old coins UK?
If you’ve got a coin that you would like to sell at auction then you can contact a member of the British Numismatic Trade Association. They usually deal in very old coins but they may be able to help you assess whether it’s worth selling your coin at auction or whether it would be valuable to collector.
What are numismatic coins worth?
Numismatic value is the price you can reasonably expect to receive through the sale of a circulated, uncirculated or proof coin from your collection. The Numismatic fair market value is determined primarily by the scarcity of the coin, its condition, supply, and demand.
How do I sell numismatic coins?
Best places to sell coins online
- CoinsForSale.com Only 5% to sell. No listing fee.
- Heritage Auctions 10% fee. Consignment program.
- Ebay 12.35% + $. 030 fee, plus listing fees.
- Apmex Well known. But won’t pay until after you’ve shipped your coins.
- Modern Coin Mart Won’t pay you until after you’ve sent them your coins.
What is the difference between bullion and numismatic coins?
The Difference Between Bullion and Numismatic Coins Bullion is money itself, a tangible asset with eternal value. Numismatic coins are also known as rare or collectible coins. If you are an investor, the answer is bullion; numismatic coins are for speculators and hobbyists, not serious investors.
What makes a coin numismatic?
Numismatics, according to Merriam Webster, means “ the study or act of collecting of coins, paper money, and medals.” Numismatic coins are essentially rare or valuable coins that have an external value above and beyond the base value of the precious metal.
Can numismatic coins be confiscated?
As collectibles, rare coins do not fall within the provisions permitting confiscation. No federal law or Treasury department regulation supports these contentions. The myth that specific types of gold coins are “not confiscateable” stems from the Executive Order that President Roosevelt issued in 1933 calling in gold.
Are old English coins valuable?
A silver two pence piece dated between 1971 and 1992 could be worth anywhere between £200 and £1,000. In 2016, a silver 2p that was almost discarded as a fake after it was discovered in a charity collection tin sold at auction for £1,350 – almost 70,000 times more than the actual value of the coin.
