Do you happen to have a special coin or a collection that you think might be worth more than its face value? Whether you’re considering parting ways with your coin through a one-time sale or if you’re exploring it as a hobby, it’s crucial to know the best places to sell coins online platform.
In the past, finding a buyer for your coin could be a bit of a hassle, involving attending events and auctions in person. However, thanks to the internet, things have become much simpler. Now, you can easily discover the top places to sell coins online from the comfort of your home.
The great news is that some of these platforms take care of the entire selling process for you – you just need to send your coins and wait for your payment!
We’ve put together this guide to cover everything you need to know about finding the best place to sell coins online. We provide tips on assessing the value of your coin, preparing your coins for sale, and identifying the optimal platform for selling your coins.
So, without further delay, let’s dive in and explore: where are the best places to sell coins online?
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Top 8 The Best Places To Sell Coins Online
In this section, we discuss the most reliable platforms where you can sell your rare coins for cash.
08 – USA Coin Book
USA Coin Book stands out as one of the largest online platforms dedicated to numismatics, serving sellers, buyers, and dealers.
Upon becoming a member and signing up on the website, you gain the freedom to list numerous coins without incurring any charges. This makes it an appealing option, especially when compared to eBay, known for its significant listing and final value fees.
What sets USA Coin Book apart is not just the absence of listing fees but also its minimal final value fee, set at a mere 2 percent after your coin successfully sells. This allows your coins to remain on auction until they find a buyer, with the platform only taking its commission upon the sale.
The user-friendly website offers a seamless experience for tracking and managing all your coins in one place. Accessibility from any device adds an extra layer of convenience, making it simple to list your coins for sale, organize them, and monitor coin values to ensure you get the best returns for your valuable coins.
07 – Stack’s Bowers
Stack’s Bowers proudly holds the distinction of being the world’s oldest and most esteemed rare coin auctioneers, boasting a legacy dating back to 1993. Over the years, they have conducted auctions for some of the globe’s most renowned and valuable coin and currency collections, including notable ones like the Mark and Lottie Salton Collection, Thos. H. Law Collection, Wa She Wong Collection, and the Kroisos Collection.
Having facilitated transactions for exceptional coins, Stack’s Bowers achieved a milestone by overseeing the most expensive rare coin sale at auction. The 1794 Flowing Hair Silver Dollar, graded MS66 by the Professional Coin Grading Service, fetched over $10 million.
With their impressive history, Stack’s Bowers provides a reliable platform to secure the highest prices for your valuable coins. Distinct from online marketplaces, auction firms like Stack’s Bowers shoulder the responsibility of marketing your coins extensively to attract suitable collectors. Essentially, you can sit back and await your payment when your coin finds a buyer.
In addition to participating in online auctions, you have the option to directly sell your coins to the auction house. A representative can visit you, assess your coins, and present their best offer, providing a convenient and flexible selling process.
06 – David Lawrence
David Lawrence, also recognized as David Lawrence Rare and Certified Coins (DLRC), stands out as a boutique auction firm established in 1979. The company is led by a team of seasoned professionals dedicated to evaluating and pricing your coins to ensure you receive the maximum value for your collectibles.
DLRC conducts weekly online auctions, providing sellers with three distinct options for selling their coins: outright sale, consignment, and the guaranteed auction program.
In the outright sale option, DLRC presents an offer for your certified coin, and if accepted, they promptly pay you from their cash reserves.
The consignment alternative empowers you to extract more value from your coins. You can either let the auction house set sales prices or establish them yourself with no reserve. By entrusting DLRC with your coins, they commit to getting them into auction within a week.
DLRC’s online auction site is known for its transparency, adhering to their commitment of no hidden selling fees. This transparency ensures that you retain the maximum proceeds from your coin sales.
The guaranteed auction program (GAP) is the final selling option, allowing you to participate in a no-reserve auction without assuming any risk. DLRC offers a minimum price and guarantees the sale of all your certified coins.
Additional benefits provided by David Lawrence include no seller fees, prompt payment post-auction, and complimentary marketing to a national audience of buyers and collectors.
05 – EBay
eBay stands out as one of the most user-friendly platforms for selling coins online. The straightforward sign-up process, coupled with the easy integration of a PayPal account for payment receipts, makes setting up an account a hassle-free experience.
The primary advantage of utilizing eBay for selling your coins online lies in the extensive exposure to millions of collectors, significantly enhancing the chances of a swift sale.
Unlike auction houses, eBay empowers you to set your own prices, and the absence of commissions means you retain the entire amount from your coin sales.
However, the drawback is the high competition among tens of thousands of sellers on eBay targeting the same audience. To stand out, you must invest additional effort in your marketing strategies to garner visibility.
To expedite the online sale of your coins on eBay, adhere to best practices when creating listings. Establish trust with potential buyers by providing comprehensive and truthful descriptions of your coins.
You have the option to choose between the Buy It Now or Auction formats for selling your coins.
The Buy It Now option enables you to list your coins indefinitely with a fixed price, while the Auction option allows you to set a minimum bid price, letting potential buyers bid for a specified duration. The highest bidder at the auction’s conclusion secures the purchase.
04 – Heritage Auctions
Heritage Auctions stands out as a reputable and well-established platform for selling coins online, offering a proven and reliable option for sellers.
When choosing a platform, transparency and responsiveness are crucial, and Heritage Auctions excels in providing a professional and knowledgeable team.
With extensive experience in coin grading, evaluation, and auctioneering, Heritage Auctions ensures that sellers receive the best value for their coins.
The online auction platform hosted by Heritage Auctions is one of the most frequently visited websites in the numismatic community, attracting over 77,000 collectors daily. This high visibility ensures a fast and lucrative sale for certified and valuable coins.
However, it’s important to note that Heritage Auctions charges relatively high fees to both buyers and sellers.
Additionally, sellers should be mindful of the shipping fees, which can be on the higher side. Despite these considerations, the advantages of selling coins online through Heritage Auctions outweigh the drawbacks.
03 – APMEX
APMEX, a renowned precious metal exchange platform, offers a seamless experience for buying and selling gold or silver coins, boasting a track record of acquiring over 1 billion coins.
To get started, simply sign up for a free account on APMEX, where you can conveniently manage your coin collection and explore other coins available for sale.
For those questioning the legitimacy of APMEX, rest assured that it has been a trusted online coin dealer for over two decades and holds certification as a buyer from the U.S. Mint and various global mints.
APMEX’s efficient same-day payment process ensures that once you submit your coins for valuation, you can expect payment within a day or two. With expedited shipping and prompt valuation services, your valuable coins remain secure and are swiftly presented for auction to find suitable buyers.
02 – Coin World
Coin World serves as an online hub for coin and currency enthusiasts, offering a platform for collectors and sellers to engage in coin and currency trading. Beyond providing the latest news in numismatics, Coin World facilitates a marketplace for users to buy and sell coins.
While the marketplace on Coin World may be smaller in comparison, the process of listing and selling your coins is straightforward. Simply follow the easy steps to create an account, list your coins, and facilitate their sale.
The advantage of smaller marketplaces like Coin World lies in increased visibility for your coins, potentially enhancing the chances of selling them at favorable prices.
However, it’s essential to note that on this platform, you bear the responsibility of marketing your coins and finding suitable buyers, with Coin World charging a modest commission on the sale.
While managing a smaller platform is more straightforward, it may limit exposure to potential buyers compared to larger, more well-known platforms.
01 – Great Collections
Established in 2010, GreatCollections has built a significant history in buying and selling certified coins across various price ranges, spanning from as low as $25 to coins valued in the hundreds of thousands.
This online auction house holds the distinguished position of being the exclusive and official auctioneer for the American Numismatic Association.
With a track record of auctioning over a million coins certified by reputable coin appraisers, including the Numismatic Guaranty Company (NGC), Professional Coin Grading Company (PCGS), and American Numismatic Association Certification Service,
GreatCollections has become a prominent player in the coin market.
Recognized as one of the leading coin companies, GreatCollections achieves annual average sales of $235 million.
As a seller, you can list your certified coin on the auction site at no cost, benefitting from professional images regardless of your coin’s value. The company’s knowledgeable staff is available to assist in identifying and valuing your coins, providing clarity on the expected value for your individual coin or collection.