10 Best Place to Sell Coins Online: Complete Guide 2024

Coins, like any other item, represent a unique feature of a certain period of a country. And the hobby of collecting coins has also encouraged many online trading and exchange services to flourish. So where is the best place to sell coins online?

In this article, BSS Commerce Shopify will explain everything you need to know about the best place to sell coins online. We will help you price the coin you are planning to sell or buy, as well as the best place to sell coins online at the best price.

Let’s jump in!

Factors to Consider When Selling Coins Online

Coin Type

To fine the best place to sell coins online, you need to know exactly what type of coin you are collecting to determine its value. New coins will have a date printed on the front or back. They will also have the name of the country that issued it.

If the information on the coin is in a language you cannot read, look it up on a website or reference book about world coins. These resources have photos that you can compare to the coin you have. You can also use these guides to determine the age of coins that do not have a date printed on the face.

On the other hand, you will need to examine the coin’s condition carefully to determine its value. Good-quality coins will be worth more than those with blemishes or dirt.

Coins are graded from “mint” condition (perfect) to “poor” condition (dirty or worn). If you have a coin that you think is rare or valuable, do not attempt to clean it yourself, but have it cleaned by a professional to avoid damaging it and reducing its value. If the coin is badly damaged, its value may be determined only by the price of the metal it is made of.

Fees and Commissions

To start buying or selling coins online, you have to choose best place to sell coins online to open an account or store. There are many reasons to convince them, but the fees and the quality of the place to buy and sell are the two most important.

When trading on this account, the collector flying to trade will pay fees, including platform fees and appraisal or auction fees if any. In return, they can get the department to ensure the safety of the transaction, appraisal or insurance for the transaction if needed.

The first factor to choose best place to sell coins online is fees. There are currently many different types of fees that coin sellers have to pay, but the most important are transaction fees and collection fees. These fees can include appraisal fees and insurance fees, if any, depending on where you list the transaction.

Trust and Security

To assess the reliability and find the best place to sell coins online, you need to evaluate the following 3 factors:

• Reputation: Make sure you consider the reputation of the exchanges you are about to trade with. The best reputable exchange should have a long history of operation with strict, consistent trading policies and ensure the rights of all parties.
• Authentication: Since coins are a commodity that requires high expertise, you should consider selecting or hiring a third-party authentication service to verify the authenticity of your coins. With professional coin trading exchanges, you will be able to easily find this service. If you use the auction method, you will usually get a free valuation before the auction
• Payment Security: Regardless of whether you are buying or selling coins or any other item, make sure the delivery and payment methods always focus on security and reliability.

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Audience Reach

Choosing the right platform is also determined by the number of customers who will see your item. Do you own a relatively common coin and want to sell it as soon as possible? Choose a platform with as many common users as possible.

If you have an extremely rare coin and want it to be owned by someone who knows and appreciates its value, go to specialized forums.

When making your decision, do a little research on how many users each platform has and what those user groups are like.

Best Places to Sell Coins Online

eBay: Best for Reaching a Large Audience

So, where is the best place to sell coins online? eBay is one of the most prominent online auction websites today, specializing in online business. This website gathers many products and items from all over the world.

Features: A highlight of eBay is that it allows customers to buy products by auction.

Customers will buy the item if they pay a higher price. To participate in the auction on Ebay.com, you need to meet the conditions of having an international payment card such as a Visa Card, Amex-JCB – Discover Card, Mastercard, or Paypal.

Prices and Fees: Please note that eBay charges a scaling listing fee if your item is priced higher than $0.99. Going from $0.25 all the way to $2.00 per listing. Plus more fees for various listing add-ons, like adding more pictures of your coin. They also charge another 12.35% + $0.30 when your item sells.

Heritage Auctions: best for selling rare coins

Heritage Auctions is one of the world’s largest and most renowned auction houses, specializing in rare and unique collectibles. Founded in 1976 by Steve Ivy and Jim Halperin, Heritage Auctions has grown from a small company to one of the most respected and influential names in the global auction industry.

Features: Heritage Auctions is a leading auction house in the field, with a collection of rare coins and paper money from around the world. Heritage’s coin auctions attract not only individual collectors but also major institutions and museums.

Heritage Auctions is not only the world’s largest auction house for collectables but also an influential organization in shaping the auction market. With successful auctions and records set, Heritage has affirmed its position as one of the most trusted and prestigious auction houses.

Prices and Fees: If your coins sell, they’ll take their 10% fee. 45 days after your auction closes, your settlement check will be mailed to you. That’s a pretty long time waiting to be paid.

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APMEX: best for selling gold and bullion coins

APMEX is the world’s leading online trading platform for gold, silver and precious metals. At APMEX, the organization has a fully-staffed numismatic department that buys and sells all kinds of rare coins.

The Numismatic staff has more than 60 years of numismatic buying and selling experience and an understanding of the value of each coin. Here, you can find a diverse selection of exquisite coins from around the world, authenticated and available at reduced prices.

Features: APMEX has been in business for over 20 years and has deep enough pockets to deal with the largest coin purchases. If you want to sell rare coins, contact them and find out how they can help.

Prices and Fees: And lastly, they won’t buy products under $1,000, meaning if you’ve got a couple of silver coins or a small gold coin, it’s a no-go.

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PCGS CoinFacts: specialized selling options

PCGS CoinFacts is an in-depth online encyclopedia of United States coins. As the most comprehensive database for U.S. coins on the internet, CoinFacts is a collector’s leading educational resource for buying, selling, and collecting coins.

CoinFacts includes historical narratives to help you learn about the coins you love accompanied by relevant and up-to-date collectible coin value information. Each section provides numismatists of all levels with a host of information about each coin. Details include PCGS Coin Price Guide values, coin population data by grade, known coin varieties, public coin auction results, and high-resolution PCGS TrueView coin photographs.

Features: Coin collectors and coin dealers everywhere can also access CoinFacts on the go at any time with the PCGS CoinFacts app, available for Android and Apple devices.

Great Collections: buying and selling certified coins

Founded in 2011 by Ian Russell and Raeleen Endo, GreatCollections conducts auctions each week, with coins ranging in value from $25 up to over $250,000. GreatCollections Coin Auctions has sold more than $250 million worth of certified coins and is one of the largest specialist numismatic auctioneers in the United States.

Features: GreatCollections offers thousands of PCGS and NGC-certified coins and PCGS and PMG-certified currency each week in auction.

Prices and Fees: As a seller, your certified coin is listed on the company’s auction site for free, where professional images are used, whether your coin is worth $25 or millions. They also have a knowledgeable staff who can help identify and value your coins so you can know how much to expect from your single coin or collection.

Coin World: marketplace for sellers and buyers to trade coins

Coin World is a very famous name in the coin-playing world. This platform provides a playground for sellers and buyers.

Features: With Coin World, you can directly connect with buyers and sellers without intermediaries. With an easy-to-use, simple interface, you can take advantage of this platform whether you are a newbie or an experienced person.

Prices and Fees: The unique point of this best place to sell coins online is that you can easily find any coin trading needs at any value and segment. If you are looking for a platform that helps you easily connect with customers, safe transactions, Coin World is your top choice.

Stack’s Bowers: rare coin auctioneers

If you want to know the true value of your rare coins, try Stack’s Bowers. As a leading rare coin auctioneer, Stack’s Bowers is famous for its impressive international auctions of rare coin collections.

Features: The reason this platform is considered the best place to sell coins is because of its expert appraisals and history of handling valuable coins. Moreover, the online auctions of this platform are extremely professional, safe, and secure.

If you are a seller who is not yet sure about the value of your coins, you can use this platform to evaluate and find the best price for your coins.

David Lawrence Rare and Certified Coins (DLRC): boutique auction firm

DLRC, in contrast to the class and luxury of Stack’s Bowers, this firm focuses on auctions of coins with special meanings.

Features: Users can easily get the coin they want through the auction format.

DLRC’s auction format focuses on the personalization and auction experience of users. However, buyers can still seek help from experts at any time.

Because of its emphasis on emphasis, this platform is not suitable for sellers who want to reach as many buyers as possible. On the contrary, buyers who focus on the uniqueness of the coin will love this platform.

USA Coin Book: numismatic sites for sellers, buyers, and dealers

If you are looking for best place to sell coins online that helps you buy and sell your favorite coins while providing you with a lot of useful knowledge about coins, don’t miss USA Coin Book.

Features: This is a platform that synthesizes knowledge about buying/trading/valuing coins objectively. This is also an extremely reputable marketplace for coin collectors and traders to freely exchange information, knowledge and valuable collecting experiences.

Prices and Fees: Here, you can easily find a huge amount of information about the coin field as well as coins of all sizes, types and prices. Therefore, if you are still wondering about your price, this platform will be a reference source and a place to list great, reasonable and objective prices.

Goldberg Coins: a collectables auction house in Los Angeles

Goldberg Coins and Collectibles is another popular choice for coin collectors to buy and sell coins.

Features: Unlike other companies, Goldberg Coins and Collectibles allow you to work directly with the principal — no middleman involved. Despite being small in size compared to its competitors, the company has made a strong impact in the online coin auction industry.

Prices and Fees: Their excellent customer satisfaction ratings and the lowest fees for coin advances in the industry make their company an attractive option for coin consignors.

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Best Places to Sell Error Coins Online

What are error coins?

In early 2019, a seemingly ordinary coin was found among the possessions of a man named Don Lutes, but it quickly became a hot topic. The coin, a bronze Lincoln cent, attracted nearly 30 bids and sold for $204,000 in January 2019, according to Heritage Auctions, the organization that auctioned the coin.

Error coins, as the name suggests, are coins that are produced by the official method but are not qualified for circulation. These coins are then not used for their nominal value but are traded for high prices because of their uniqueness. The value of a coin is determined by its quality and rarity. While most coins are worth only a few dollars, there are times when a few coveted coins are lying in a corner of your pocket or stuck somewhere under your couch cushion.

Best places to sell error coins online

Error coins are often quite valuable and need to be appraised by experts or experienced people. Therefore, in the above platforms, you should choose platforms with experts to support product valuation and auction.

In addition, you can also consider selling on specific groups on social networks such as Facebook or coin community forums such as CoinTalk or Coin Community where coin collectors often buy and sell error coins.

Best Places to Sell Gold Coins Online

What are gold coins?

A gold coin is a coin made primarily or entirely of gold. Most gold coins minted since 1800 have been 90–92% gold (22 karat), while most bullion coins today are made of pure gold, with alloy gold coins typically containing 91.7% gold by weight, the remainder being silver and copper.

Until about the 1930s, gold coins were circulating coins, including the Exonumia and the Gold Dinar. Since then, gold coins have been produced primarily as bullion coins for gold investors and as commemorative coins for coin collectors.

Although modern gold coins remain legal tender, they are not used in everyday financial transactions, as the metal value always exceeds the nominal value.

Best places to sell gold coins online

Unlike counterfeit coins where their value depends on the buyer’s assessment, gold coins are usually priced very clearly based on the cost of the material they are made of and the age of the coin, especially bullion.

So if you are looking for a new owner for your gold coin collection, you can post them on any platform, as long as the platform is reputable enough.

Tips for Maximizing Your Coin Sales Online

Check coin prices online

If you are unsure about the value of your coin, do some research before listing it for sale or bidding. There are several free coin appraisal websites. You can check with professional organizations such as the Association of Numismatic Experts. Use the country and mint date to find out what the coin is worth.

Several factors (including condition and current demand) can affect the price of a coin, so consider online prices as a guide only.

Use a coin book

If you are unsure of the value of your coin online, look it up in a reference source such as the Standard Catalog of World Coins, or the Guide Book of United States Coins.

These sources are especially helpful because they may list different prices for a particular coin, such as:

• Reference price: is the generally accepted price
• Buy price: is the price a wholesaler will pay for your coin
• Retail price: is the price a wholesaler sells to a customer
• Wholesale price: is the price a wholesaler sells to another wholesaler, especially when multiple coins are traded together

Remember to consider any special factors

Coin prices can rise or fall as interest in them fluctuates. When more people want to buy a particular coin, the price will increase. Rare or particularly sharp coins will be more valuable than common ones. Event coins (special issue coins) are also valuable.

When valuing, you need to take these values ​​into account when valuing your coin. For example, your coin may not be particularly rare, but it is in mint condition that most coins of the same type do not have, so it will be worth more than the usual reference price.

Join a coin expert group

If you have a lot of coins that need to be appraised or work with coins regularly, consider joining a coin expert group. They will share coin price lists and other special information that can help you value your coins.

Collector groups may hold regular meetings where sellers display coins to interested customers. Whether or not you actually want to sell your coins, consider this an opportunity to determine a selling price.

Conclusion on best place to sell coins online

In short, choosing the best place to sell coins online has never been easy, whether you’re a retailer or a wholesaler. To consider a suitable platform, you will have to consider many factors to ensure safety, and popularity while still maximizing profits.

After being carefully selected by BSS Commerce, the 10 platforms below ensure you will choose the best place to sell coins online, whether you’re a seasoned coin collector or someone looking to sell a few pieces from your collection. Happy trading!