Selling a vintage coin collection

So you’ve inherited a vintage coin collection or have a longstanding antique coin collection of your own. Now you’re left with that nagging thought. To sell or not to sell to a coin dealer, that is the question.

Well, there are several reasons why you might consider going down the route of selling your precious rare coins.

1. Financial gain: Obvious, we know, but if you have a valuable coin collection, selling it can provide you with a significant windfall. Vintage coins, in particular gold and silver coins, can be worth a lot of money. Rare coins in excellent condition, no matter what demoniations, will have an even greater value.
2. Changing interests: Put simply, you may no longer be interested in collecting coins. In this case, selling your rare or antique coin collection can free up space and provide you with funds to open up new interesting opportunities in your life.
3. Estate planning: If you are planning your estate, selling your coin collection can be a way to generate wealth for your heirs or beneficiaries. You can use the proceeds from selling rare coins to fund trusts or other financial wealth policies that will benefit your loved ones.
4. Simplification: If you have a large coin collection, selling collectible or old coins can simplify your life. You won’t have to worry about storing or maintaining the coins, and you can use the proceeds from the sale to pay off debts or invest in other assets.

There will always be a market for selling antique coins

Make no mistake, there is a healthy market for vintage coins. Numismatists, history enthusiasts, investors, and hobbyists all make keen collectors, focusing on specific types of rare coins – ancient coins, foreign coins, precious metals – silver coins, gold coins  – and valuable coins from a specific time period.

Others collect coins based on their rarity, condition, or historical significance. They even make great gift ideas which can be used to accrue wealth over time. Old, American classics and rare gold and silver coins, or even rare pennies, quarters, dimes and cents from the US mint grow in popularity and become a valuable currency for investment. Some collectors also enjoy the thrill of the hunt, searching for rare or unique coins to add to their collections. Overall, coin collecting attracts people from all walks of life.

Ultimately, the decision to sell your vintage coin collection set of beautiful old collectible coins is a personal one that depends on your individual circumstances and goals.

Famous Vintage US Coins

Here are some of the most well-known vintage US coins.

1. 1792 Birch Cent: Considered one of the first coins minted by the newly-formed United States.
2. 1793 Flowing Hair Large Cent: This is the first official circulating coin minted at the United States Mint.
3. 1794 Flowing Hair Dollar: Known as the first silver dollar minted by the United States.
4. 1796 Draped Bust Quarter: This was the first quarter dollar ever minted by the U.S. and has a small eagle on the reverse.
5. 1804 Draped Bust Dollar: Often referred to as “The King of U.S Coins”, it’s one of the rarest and most valuable coins in American numismatics.
6. 1849 Double Eagle: This $20 gold piece is highly valuable and sought after by collectors.
7. 1856 Flying Eagle Cent: It’s the first small-sized cent in the country, and the 1856 is especially rare and valuable.
8. 1913 Liberty Head Nickel: Only five of these were ever minted, making them some of the most valuable coins in the world.
9. 1907 Saint Gaudens Double Eagle: This $20 gold coin is considered one of the most beautiful coins ever minted by the United States.
10. 1933 Saint Gaudens Double Eagle: This is one of the most famous rare coins in the world, as almost all were melted down due to the gold recall of 1933.

Buffalo Nickel in your coin collection?

Ok, so it’s unlikely you’ll have a mega rare Liberty Head Nickel. But if you have collected an Indian Head or Buffalo Nickel, or have a significant commemorative coin in your collection, it’s worth getting an up-to-date coin appraisal. Specific coins of interest attract sustained market demand. For example, most 1943 Abraham Lincoln pennies in worn grades (average condition) trade for around 10 cents to 25 cents apiece. Those in uncirculated condition usually realize $1 to $5. Finest specimens in grades of Mint State-67 or better attract far higher deals, sometimes hundreds or even thousands of dollars

So, it’s important to carefully consider your options if you have collected antique coins or inherited a currency collection with an interesting mintage. Seek the advice of a professional coin appraiser if you’re unsure about what to do with old currency or coin collections. Our coin appraisers at Coinfully can make sure you have all the information you need on the price of the collectibles.  You can find out more about where to find vintage coins to add to your coin sets in this television interview.

Ten facts about vintage coins and vintage coin collectors:

1. The number of vintage coin collectors in the U.S. is estimated to be around 3 million (3,000,000).
2. The average vintage coin collection contains between 40 and 50 coins.
3. The average value of a vintage coin collection is estimated to be between $2,000 and $3,000.
4. The most valuable vintage coins can be worth up to $10 million.
5. The most popular vintage coins to collect are those from the United States, Canada, Mexico, and Europe.
6. The most sought-after vintage coins are those minted before 1900.
7. The average vintage coin collector spends around $500 per year on coins.
8. Around 90% of vintage coin collectors are male.
9. Around 70% of vintage coin collectors are between the ages of 25 and 65.
10. Around 40% of vintage coin collectors have been collecting for more than 10 years.

Coinfully does the hard work of coin valuation for you

Are you now wondering the worth of your precious coin collection or whether that mint mark on your penny is significant? A free coin appraisal of your coin set from Coinfully couldn’t be simpler. It involves a friendly and informative discussion between you and one of our experienced numismatic experts to discover your coins worth.

Simply send an email with photos of the collectible coins so we can better understand the condition of your vintage coin collection.

Next, ship your coins directly to Coinfully where we will appraise your collection and dispatch payment within one day. (That’s right, no hanging around waiting for your check!) Plus your shipping costs of your coins are covered by us.

If you have a large coin collection or have inherited an old coin collection of historical significance, we provide an in-person coin appraisal service for sellers, We’ll travel to you to appraise your antique coins in the comfort of your home.

We are here to help make this simple for you and guarantee a zero-pressure approach. Contact our team today for your no-obligation free coin appraisal that could lead to a deal you never thought possible.