So, you’ve got aÌýknack forÌýcollecting coins. You’ve built anÌýimpressive collection, andÌýyou’re ready toÌýtake theÌýfirst step toÌýmonetize your hobby.
Maybe you’re new toÌýthis, orÌýmaybe you’ve been collecting forÌýyears andÌýyou know everything there isÌýtoÌýknow about your coin collection. Either way, you need anÌýeasy way toÌýstart making coin off your coins, right?
Welcome toÌýtheÌýworld ofÌýonline coin auctions. Stay tuned, we’re going toÌýteach you everything you need toÌýknow about online coin auction houses, how they work, who does itÌýbest, andÌýhow you can transform your hobby into cold, hard cash.
Online Coin Auction Basics
Coin auction sites are virtual marketplaces where coins andÌýcoin collections are purchased byÌýtheÌýhighest bidder. These websites rake inÌýbillions ofÌýdollars aÌýyear byÌýhelping people just like you get their coins inÌýfront ofÌýinterested buyers.
Coin auction sites are virtual marketplaces where individual coins andÌýentire collections are bought byÌýtheÌýhighest bidder. ToÌýstart selling onÌýonline auction sites, you need toÌýregister there, enter some personal information, andÌýchoose aÌýpseudonym.
Getting registered with these websites isÌýsimple; enter some personal information, pick aÌýscreen name, andÌýyou’re onÌýyour way toÌýmaking sales.
Benefits ofÌýCoin Auction Sites
Consider these benefits ofÌýchoosing online auctions toÌýmonetize your coin collection:
- The top coin auction sites have many years ofÌýpositive business dealings with theÌýpublic. When you choose toÌýuse their platforms, you get toÌýtake advantage ofÌýtheir reputation andÌýuse itÌýtoÌýyour advantage.
- Coin auction sites have budgets toÌýdedicate toÌýtheir web presence, websites, andÌýmobile apps. Choosing these options toÌýsell coins online means that you can make money with little toÌýnoÌýinitial investment.
- Staff representatives are knowledgeable inÌýselling your coinsÌý— it’s aÌýcause they dedicated their career to. This usually means you’re more likely toÌýsell theÌýcoins you list, andÌýyou’ll always have anÌýexpert inÌýyour corner.
How toÌýChoose theÌýBest Online Coin Auction Site
Joining anÌýonline auction site saves aÌýton ofÌýtime when you’re looking forÌýaÌýway toÌýsell coins online. However, with soÌýmany options out there, itÌýcan beÌýdifficult toÌýchoose theÌýright online coin auction website.
We’ve taken out theÌýguesswork andÌýcompiled aÌýlist ofÌýtheÌý
Heritage Auctions
Coin collectors gather from far andÌýwide toÌýparticipate inÌýaÌý. This auction house isÌýtheÌýworld’s largest andÌýboasts anÌýimpressive yearly sales
IfÌýyou’re not convinced aÌýHeritage coin auction isÌýaÌýgood fit yet, allow usÌýtoÌýtell you aÌýlittle more:
- More than one million bidder members (that means more potential buyers)
- Connections with more potential worldwide buyers than anyÌýother auction site
- Heritage staff grades your coins, creates your catalogs, andÌýpromotes your postings (you can sit back, relax, andÌýwatch theÌýmoney roll in)
- Seller’s fees 10% orÌýless
- Want list featureÌý— ifÌýyou consign aÌýcoin that aÌýbidder member adds toÌýtheir want list, you are notified automatically
Stacks Bowers
Stacks Bowers coin auction has theÌýtenure toÌýback upÌýtheir reputation. After all, they are theÌýoldest coin auction house inÌýtheÌýgame, with more than 83Ìýyears ofÌýcoin auction house experience under their belt. They have sold all but one ofÌýtheÌýseven most valuable coin collections inÌýtheÌýhistory ofÌýonline auction houses.
ToÌýtop itÌýall off, their
Here are aÌýfew benefits ofÌýworking with Stacks Bowers coin auction:
- Dedicated support team available toÌýanswer anyÌýquestions you might have along theÌýway (perfect forÌýnew coin consignors)
- Single coin orÌýentire collection listing options are available
- Sell remotely from anywhere (even your living room)
- Coin auction archives where you can see theÌýrealized price ofÌýpast coin consignments
- Secure cash advances ranging anywhere from $5,000ÌýtoÌý$50,000ÌýtoÌýqualified consignors
Goldberg Coins andÌýCollectibles
isÌýanother popular option among coin collectors toÌýbuy andÌýsell coins. Their stellar customer satisfaction ratings andÌý
Unlike with other firms, Goldberg Coins andÌýCollectibles allows you toÌýwork directly with principalsÌý— noÌýmiddlemen involved.
Despite their small size inÌýcomparison with competitors, this firm still packs aÌýpowerful punch inÌýtheÌýonline coin auction industry:
- Fewer auctions yearly, which allows forÌýmore personal attention toÌýeach consignment
- Every coin consignment isÌýinsured from theÌýmoment it’s received (accidents happen)
- Featured coins andÌýcoin collections featured inÌý
full-color brochures andÌýemail advertisements toÌýanÌýimpressive mailing list - Lowest commission rates inÌýtheÌýbusiness (keep more ofÌýyour money)
Penny Pinchers Auctions
specialize inÌý
Penny Pinchers Auctions adds aÌýspecial personal touch with two
Need toÌýhear more? Read onÌýforÌýaÌýfew things that current Penny Pinchers Auctions coin consignors love.
- NoÌýseller fees
- Run byÌýfellow hobbyists, not wealthy businessmen (talk about relatable)
User-friendly website- Friendly, knowledgeable staff
Spink
has been inÌýtheÌýcoin business since 1666, soÌýthey know aÌýfew things about coin auctions. Their extensive history inÌýtheÌýindustry means that they have close contacts with international specialist buyers that will give you theÌýmost forÌýyour coin consignments.
This
Keep reading forÌýaÌýfew more things that set Spink apart from theÌýcompetition.
- Online, phone, andÌýagent bids accepted, which leads toÌýmore offers forÌýyour stuff
- Free verbal valuations onÌýall coin consignments (who doesn’t like free stuff?)
- Free
pre-sale viewings are open toÌýtheÌýpublic
Your Online Store
IfÌýyou’re looking forÌýtheÌýeasiest way toÌýsell coins online, look noÌýfurther than ºÚÁÏÃÅ. The best part about this platform? Flexibility. Create aÌýwebsite inÌýaÌýfew simple clicks andÌýsell anywhere with our ecommerce widget.
Already have aÌýwebsite? NoÌýproblem! Skip theÌýcoding andÌýcomplicated software installation andÌýuse our customizable design tools toÌýbuild your perfect online store. Then, add your online site toÌýanyÌýexisting website orÌýgenerate aÌýlink toÌýshare across all your social media channels.
You can use ºÚÁÏÃÅ forÌýanÌýeBay coin auction, aÌýFacebook campaign, orÌýeven onÌýyour blog!
Get excited, because we’re not done yet. Here are aÌýfew more reasons why ºÚÁÏÃÅ isÌýtheÌýbest option toÌýsell coins online:
- Ridiculously easy website andÌýapp experience
- Free account
- 200k+ merchants across 175Ìýcountries inÌý60Ìýlanguages
- Free educational resources that make learning ecommerce aÌýbreeze
- Automated inventory tracking andÌýorder syncing toÌýeliminate manual errors
Sell Coins Online
Online coin auction houses have much toÌýoffer, but they aren’t right forÌýeveryone. IfÌýyou’re looking forÌýaÌýsimple solution that gives you more freedom toÌýdoÌýwhat you want, build aÌýpersonalized website. ºÚÁÏÃÅ helps coin fanatics turn their passion forÌýcoin collecting into money inÌýtheÌýbank.
Ìý
- How toÌýMake Money Selling Coins Online
- What Coins are inÌýDemand?
- Coins Appraisal: How And Why toÌýAppraise Your Coins Before Selling
- How toÌýSell Coins onÌýOnline Coin Auction
- How toÌýClean Old Coins Without Damaging Them
- Best Coin Value Checker andÌýManagement Apps