How To Make Extra Cash Selling Coins And Mandela R 5 Coins : General Jobs

Is it worth selling old coins?

First, just because a coin is old does not mean it is worth more. You can purchase ancient coins that are thousands of years old for only a few dollars. Secondly, just because the coin is composed of copper does not mean it is worth less than a coin that is made out of gold

coin dealer buys a coin for $15,000 and quickly sells it for $16,000, he can land a thousand dollar profit. But, if this coin is tied up in his inventory for a long time before someone buys it, there is a large sum of money that is not earning him anything.

Are coins a good investment?

Investing in coins, whether bullion or numismatic, can be both rewarding and profitable for collectors. At the same time, those rare, numismatic coins do not make up a large market, so collect first for fun before considering it an investment

How can I sell my old coins?

Local coin dealers are natural places to visit first when selling coins. Mostly you’ll sell low and medium-value coins here. When you go to a dealer, look at their stock. If they have a lot of coins made of the same metal and of similar quality to the ones you’re selling, chances are they’ll give you a fairer price.

What coins are collectors looking for?

8 Valuable Coins in Circulation Today

1943 Lincoln Head Copper Penny.
1955 Doubled Die Penny.
1969-S Lincoln Cent with Doubled Die Obverse.
1982 No Mint Mark Roosevelt Dime.
1999-P Connecticut Broadstruck Quarter.
2004 Wisconsin State Quarter With Extra Leaf.
2005-P “In God We Rust” Kansas State Quarter.