A coin buyer is a business operator or consumer who purchases rare or collectible coins. Coin buyers include wholesale dealers and retail operators, as well as individuals who purchase for their personal collections.
A wholesale coin buyer purchases large collections of coins to resell to retail owners. They try to get the lowest price possible to make money on the markup to store owners. Retail buyers purchase collections, lots or individual coins to offer as inventory in their stores. They may pay a coin owner more than a wholesaler because there is no middleman. An individual buyer typically purchases single coins or lots from the retail operator.Learn More
According to The Richest, the rarest coin is considered to be the 1849 Double-sided Eagle. It was originally created by the United States Mint, in Philadelphia in 1849, right at the start of the California gold rush. Its value is estimated to be around $20 million dollars, as of 2014.Full Answer >
The pfennig is an obsolete coin that was once used as currency in Germany. It was phased out when the Euro was introduced to the country in 2002.Full Answer >
A five-dollar coin from 1911 is part of the Indian Five Dollar gold coin set minted from 1908 to 1929. It is made from 90 percent gold and 10 percent copper, containing .12 troy ounces of gold.Full Answer >
Whether you're a coin enthusiast or just have a few random coins you think look interesting, you may eventually want to find out what they are worth. Here are ways to determine how much a coin is worth.Full Answer >