Websites like CoinQuest.com offer online appraisal systems that help people find out how much their old coins are worth. Having an idea of what a coin is worth will make it easier to avoid being taken advantage of by an appraiser who is hoping to make a huge profit. Pawn shops, coin shops and online auction websites are all ways to sell old coins from other countries.Know More
According to CoinTrackers.com, pawn shops do buy coins but should be avoided whenever possible. Coin shops are a better option, but they usually only offer 10 to 40 percent of a coin's actual worth to ensure a significant profit. However, going to a coin shop saves time on finding a buyer, which is especially helpful when trying to sell a large number of coins.
CoinTrackers.com states that selling coins online is best for people who don't have time constraints. It can take months to sell a coin online, but the coin will at least fetch the highest possible price. CoinTrackers.com suggests avoiding eBay because of the high fees eBay imposes on coin sellers. Coins.Ha.com, Teletrade.com, and GreatCollections.com are three eBay alternatives for selling coins, and these websites market themselves specifically toward coin enthusiasts.Learn more about Coins & Currency
Old coins maintained for collections must be carefully cleaned with non-abrasive materials and a solution that does not damage the metal compounds in the coin. Improperly cleaning a coin can damage it and substantially reduce its value. Specialists knowledgeable in coin cleaning can clean coins without damaging them. Most expert coin collectors advise against cleaning coins at all, as discolorations and dirt may actually increase a coin's value, explains NemisMaster.com.Full Answer >
The name of ancient Greek coins depends upon the period in which they were made, the region and the type of coin. The drachma was the currency used in Greece during several different periods of its history.Full Answer >
Some old coins with a hole in them are valuable. A hole in a coin can also cause the value of the coin to decrease.Full Answer >
Old British coins include the farthing, halfpenny (or ha'penny), crown, shilling, guinea, sovereign, florin and groat. These coins ceased to exist when the United Kingdom switched to a decimalized monetary system in 1971, though some of the terms persist to refer to decimalized amounts of similar value.Full Answer >