The Ultimate Guide to Selling Your Coin Collection in 2024

To sell a coin collection, take the following steps:

• Determine what kind of coin collection you have
• Organize your coin collection
• Decided when and where to sell your coins
• Determine the value of your collection with a coin appraisal

When collecting coins there can come a point where you start wondering about how to sell your coin collection.  There are many reasons to consider selling a coin collection.

• Your coin collection has gotten too big
• You are trying to sell old coins to make room for new ones
• You need the money
• You inherited a coin collection that you do not know what to do with  

Or, maybe you have no immediate plans to sell, but you’d like to know the best way to sell a coin collection for future consideration, or you just want a coin collection appraisal.

Just like there are many reasons to consider selling your collection, there are many things you need to take care of and consider first.

Whatever your reason for selling is, Coinfully is here to help you navigate through selling your coin collection.

We also offer 100% free coin appraisals for your collection, so if you are considering selling, be sure to reach out to us and find out exactly what your coins are worth.

Determining What Type of Coin Collection You Have

• True Collection: These are coins from a serious collection acquired from auction houses or coin shows. You can tell that it is a coin collector’s collection just by looking at it.
• Random Collection: This is where a collection does not have any rhyme or reason to it. Maybe all the coins are made of precious metals. Maybe they were bought expecting to become valuable coins.
• TV Collection: These are the coin collections that you see advertised as rare coins on late-night television.
• Entertainment Collection: This is a collection that was made for fun. Think one quarter from all 50 States or a few of the same coins with consecutive years. There is something that links the collection to whether or not some of the coins have worth or not.
• Weekend Collection: These collections are made by someone just starting to get into numismatics. These are made of coins that are easy to come by, normally made by someone with the intent to get more into coin collecting. You will see a lot of Morgan Silver dollar coins, buffalo nickels, or any popular coin in these collections.

How to Organize Your Coin Collection for Sale

Organize your collection into similar coins.

If you are selling an inherited coin collection chances are you do not know how to organize the collection. If your collection is not already organized or separated for any reason you will have to do it yourself.

You might want to separate coins in your inherited coin collection so they are easier to show potential buyers, to look up types of coins you have, or just to make them easier to go through.

A quick and easy way to organize your collection is by similarities in coins. A few categories you can separate like coins into are:

• By types of metals
• Denominations (pennies, nickels, dimes, quarters, half dollars, dollar coins, etc.)
• Mints (Philadelphia, New Orleans, San Francisco, Carson City, Denver, etc.)
• Years minted

Trying to follow price guides for organization according to price can be more trouble than it is worth. You may think that you have separated your most expensive coins. But they can be ordinary coins and not rare dimes worth significant money.

If you are planning to send your collection to us at Coinfully, there is no need to worry about organizing your collection. We can sort through it all for you.

When to Sell Your Coin Collection

Only sell your coin collection when you feel ready.

Some places might try to pressure you into selling the collection, do not let them. If you feel this happening then chances are you have something valuable and should take your collection to get a second opinion.

To help avoid feeling pressured, make sure anywhere you go for a coin appraisal is certified by a professional coin appraiser or a coin grading company. And do not sell your collection for less than it is worth.

Where to Sell My Coin Collection

The best place to sell a coin collection is wherever you are getting the best price.

This does not tend to be a pawn shop or any place that focuses on buying gold since neither are likely to understand the true value of the coins in your collection and be more likely to focus on the precious metals in each instead.

Your best bet is to sell your collection anywhere that prioritizes your coin’s value. Anywhere that buys and sells collectible coins online or in person will know the true value of your coins and offer you a price representative of that.

Before looking at places to sell your coin collections, make sure you get an appraisal to know how much your collections should be worth.

Determining the Value of a Coin Collection

Before you think about selling your coins make sure you find out their value with an appraisal.

Figuring out how much your collection is worth can be more pain than building the collection. The Red Book of United States Coins can tell you a vastly different value than a different price guidebook. And both can be completely different from a prospective coin buyer.

It is hard trying to determine the value of a coin collection alone, which is why we suggest getting an expert to appraise your collection.

Coin appraisals can tell you what you should be honestly looking at getting for each piece in your collection.

Who Can Appraise My Coin Collection

Coin appraisals are available online or in-person.

When it comes to valuing your coin collection, most shops or websites that buy coins can give you an appraisal. 

Wherever you get a coin appraisal, do not feel like you can not seek out another to confirm the price of your coin collection. 

If the thought of carrying around your collection to know their value is causing you stress, consider an at home coin appraisal with Coinfully. With an at home appraisal our experts fly out to you and give you an appraisal, all free of charge and zero pressure.

Feel free to reach out to us at Coinfully for either your first appraisal, for an at home appraisal, or to check the value given to your coins during another appraisal.