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Things to Know About Selling Coins

Posted on June 29th, 2018 by Joe G

If you’ve never sold coins before, you may not know where to begin. Selling coins is a great way to quickly make money if you’ve been collecting coins for quite some time or if you have inherited a coin collection, as long as you bring them to an established professional coin buyer in Chicago like Chicago Gold Gallery.

Here are some things to keep in mind when you want to sell your coins in Chicago.

 

Dates Matter

Average circulated condition coins will vary depending on the date, mint mark and overall condition. Rare coins, rare dates, special mint marks and uncirculated coins will always be worth more money. Understand that the price of coins can fluctuate depending on market demand.

 

Complete Sets are Ideal

 

Selling complete sets of coins at times can have a premium, but there can be an individual coin in the set that is worth more than the entire set. If you have a full set of coins, some may only be worth the silver value and a few can be better dates. If you have some full sets like Pre-1916 coins you can expect to get a premium.

Be Realistic

 

Most silver coins from 1932 to 1964 will usually only be worth the silver value although there are a few special rare dates within that era that can be more valuable. The coin buyers in Chicago at Chicago Gold Gallery will go through all of your coins and determine their additional numismatic value.

The best way to find out is by visiting the Chicago Gold Gallery. Our professionals will gladly inspect your coin collection and determine how much money it is worth. If you want to sell coins in Chicago for the highest prices, Chicago Gold Gallery with four decades of numismatic experience is your best choice! Visit us or call us today to learn more information.

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Customer Testimonial

Had a Great Experience

I have dealt in coins and metals since the 80s. Had dealings with many dealers. Got scammed by a few. Chicago Gold is the only one I would recommend to my family or friends. Have your valuables appraised by them before you sell.


Date: 05/12/2022 • 5 / 5 stars ★★★★★

Awesome place!

What a super knowledgeable gemologist. After all that experience also they are soooo willing to help and answer all the questions I had. Excellent experience. They went above and beyond for me. Highly recommended. Super trustworthy.


Date: 01/20/2022 • 5 / 5 stars ★★★★★

I'll be back

Cashed in some silver coins and received a very fair exchange. Joe and Chris, were very friendly, and comfortable to deal with. Came back with some jewelry, and received a rough appraisal...again no pressure.


Date: 10/17/2023 • 5 / 5 stars ★★★★★

I would do business with them again

Good people who are honest, open and friendly. I'm glad I found them and not too far from my area.


Date: 01/02/2024 • 5 / 5 stars ★★★★★

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