How do 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.
Where is the best place to sell coins UK?
The best place to sell these types of coins is eBay.
Can you trust coin dealers?
An effective way to tell if a coin dealer is reputable is to assess their reputation among others in their industry. If you know other coin collectors, ask them what their experience has been like with different dealers. This will give you further insight on a coin dealer’s reputation.
What coins are coin dealers looking for?
Top 10 Coins Worth Collecting
- 01 of 10. 1909-S V.D.B. Lincoln Cent.
- 02 of 10. 1921 Peace Dollar.
- 03 of 10. 1878-CC Morgan Silver Dollar.
- 04 of 10. 1914-D Lincoln Cent.
- 05 of 10. 1955/55 Doubled Die Lincoln Cent.
- 06 of 10. 1937-D 3 Legged Buffalo Nickel.
- 07 of 10. 1916-D Mercury Dime.
- 08 of 10. 1917 Standing Liberty Quarter: Type 1.
What coins are dealers looking for?
A coin dealer will usually specialize in one area of numismatics. For example, early American copper coins, classic silver dollars, or modern U.S. coins. If you are buying coins, especially for investment purposes, you will want a knowledgeable, reliable coin dealer who can give you accurate and meaningful advice.
What is the best way to sell a coin collection?
The most common and profitable ways to sell coins include:
- Selling to a coin dealer.
- Using an auction service.
- Selling coins online through an auction.
Will coin dealers rip you off?
Some coin dealers will offer better deals on coins, while some will charge way too much for lower grade coins. Some will give you a fair price if you’re selling, and some will completely rip you off if they think you have no idea what you’re doing.
What are the denominations of British currency?
The common coin denominations are 1p, 2p, 5p, 10p, 20p, 50p, £1, and £2. Britons tend to speak “pee” instead of pence, like “20 pee” for a 20p coin. A pound is also referred to as a “quid”. A five pound note is colloquially called a “fiver,” while the ten pound note is known as a “tenner”.
What is an UK coin?
The standard circulating coinage of the United Kingdom, British Crown Dependencies and British Overseas Territories is denominated in pounds sterling ( symbol “£” ), and, since the introduction of the two-pound coin in 1994 (issued to celebrate the Bank of England’s 300th anniversary), ranges in value from one penny to two pounds.
What is a coin dealer?
A coin dealer is a professional who offers coins, bullion products, coin supplies, coin books, and just about everything else you’ll need to be successful at and enjoy coin collecting and investing.