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Selling Rare Collectible CoinsSelling Rare Collectible CoinsSelling Rare Collectible Coins

Tips to Selling Rare Collectible Coins

January 15, 2019 by Colonial Acres Coins

Last updated on January 21st, 2019 at 06:49 am

Last Updated on January 21, 2019 Posted by Colonial Acres Coins

Keeping in mind the time and dedication it takes to collect rare Canadian coins, every numismatist should strive to gain insight into the exact value of those collectibles. So, if you decide to sell your coins one day, knowing how much you can earn from a single coin or perhaps the entire collection is a great start to collecting. Collectors would be wise to learn about several tips and tricks to keep the coins in good condition so that they can eventually sell for more. Also, a very important step when you’re considering selling coins is to get them appraised by experienced professionals like the expert team at Colonial Acres. Read on to learn more about helpful tips on selling your rare collectibles:

Get Your Collection Appraised

When you decide to sell your collection, it is wise to have it appraised first. By doing so, you’ll find out exactly how much your collection is worth. The value depends on the condition the coins are in, which you can find out by grading them. Also, the date and the mint mark are significant in determining a coin’s value. For example, those coins that are over a hundred years old, plus in good or great condition, will sell from one hundred to a couple thousand dollars! So, find a knowledgeable appraiser and maybe you’ll discover that you own an old and rare piece that can sell for quite a bit of money. When it comes to appraising, Colonial Acres can help you get the most from your rare Canadian coins.

If You Own High-Quality Coins, Definitely Get Them Graded

Grading is done for those high-quality pieces from the collection. You can even get a simple start when it comes to grading by getting reference books where you can learn a lot about coins. In order to gain experience, you can try comparing several coins and try to notice the small differences and features. Also, you can get your coins graded by professional coin grading companies. It is important to know that those coins that you’re aware aren’t worth a lot shouldn’t be graded. You don’t need to pay to grade the pieces that won’t sell for a lot of money.

Avoid Cleaning Your Coins

If you don’t want to ruin your valuable coins, the best thing to do is avoid cleaning them altogether and completely. There are a lot of DIY coin cleaning tips on the internet but none of them are really safe and don’t guarantee that you won’t end up with scratches on your coin. Mostly inexperienced coin collectors will often try to clean the coins thinking that by doing so they will increase the value. It’s actually quite the contrary – if you aren’t familiar with the whole ordeal of coin cleaning and all its pros and cons, it is best to avoid it altogether.

Colonial Acres: Your Most Trusted Dealer

The hobby of coin collecting can carry surprising benefits, especially if you decide to sell your collection. A lot of time and dedication goes into the hobby, for example, when you’re in search of rare collectibles. So, it is understandable that collectors will want to earn a nice amount of money for the graded, high-quality coins. If you need help determining the exact value of your coins, go to Colonial Acres and seek the help of its expert appraisers. Being experienced and highly reputable, the staff at Colonial will give you the most precise estimation for your collection. Get in touch with Colonial today and get your rare Canadian coins appraised today.

Filed Under: Canadian Coins Tagged With: Rare Canadian Coins

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