Where to Buy Coins For Your Collection
Are you hunting for new items for your growing coin collection? You can find coins through a number of sources, depending on what type of coin you want to acquire.
A great place to start is with your local coin dealer. Look for dealers in the Yellow Pages, or check the local retail directory for coin or hobby shops. Most dealers are happy to talk to fellow coin enthusiasts, and will gladly help you find what you are looking for. There's nothing like talking face to face with another coin enthusiast to keep you interested in your hobby.
|
|
You can easily find a number of online coin dealers by simply entering "buy coins" in your search engine. The results can be overwhelming. Sometimes it is difficult to know if all of these dealers are legitimate.
Of course, there are advantages to buying coins online, though. For one, you can take your time and thoroughly investigate the coins before deciding to buy. You can comparison shop, checking prices with other dealers for the same or similar coins. And being able to see photos of the coins, will help you determine their overall quality. Make sure the dealer you are considering has a solid background in coin collecting, and if in doubt ask for references.
Coin shows and conventions are a fantastic place to meet dealers and buy coins. These are great places to meet other coin enthusiasts and get the latest news about the industry. The variety of coins at a show is usually quite large, and you'll be able to comparison shop and find some unique items. To find a show near you, check with your local coin dealer or hobby shop, or check listings online.
A growing area for finding coins for you collection are online Internet auction sites. Such sites are interesting way to both buy and sell coins. Aside from general interest sites like eBay, many auction houses often have coin divisions that sponsor online or in-person auctions. Make sure to do your homework beforehand and know how much you are willing to spend on a particular item. Have a minimum bid and maximum bid to avoid getting caught up in the auction frenzy.
 Buffalo Indian Nickel - United States Mint Image |
If you are looking for something very particular, or want coins for investment purposes, you might consider using a coin broker. These specialists will scour their sources to find what you are looking for, and take a commission on the sale for their fee. Again you can find coin brokers online, or ask your local dealer for a referral. You can also check with some of the popular coin collecting magazines for brokers.
Get involved in your local coin club. You'll not only meet other like-minded coin collectors, but you'll also find some good sources for buying and selling or trading coins. Check with your hobby shop, or look online to find a club near you.
Consider getting a subscription to one of the many coin collecting magazines on the market. You'll get lots of industry news and tips on your hobby. Peruse the magazines ads for a source of dealers and individuals looking to buy and sell coins. Just be sure you are working with a reputable dealer.
Don't overlook the local sources for coins. Antique sales, garage sales, flea markets, estate auctions and other local opportunities can turn up a wealth of interesting finds. In fact, many collectors enjoy the hunt itself almost as much, if not more than, having the actual coin in their possession. It's the thrill of the chase, the time spent out of doors exploring new places and meeting new people appeals to a large number of local collectors.
However you choose to acquire your new coins, be sure you know what you are buying, and understand what it's worth before you part with your money.
About the Author: Scott Harker is the publisher of several websites including: Sherlock Holmes Pastiches, Harvest The Sun | Renewable Energy, To The Stars - Astronomy, Home businesses | Financial freedom, and Pin-up Artists.
Publisher's Note: Of course, you can always use Coin Collector's Dream as a source for buyng rare and unusual coins and collectibles. Check out the menu on the left for subjects of interest to you.
News About Buying Rare Coins
 Coin Update News | How Much Gold, Silver, and Rare Coins Should You Own? Coin Update News For conservative investors, I suggest that they avoid owning any rare coins at all for investment. Rare coins have a wider buy/sell spread than bullion, ... |
Coin shows coexist Abilene Reporter-News Abilene coin collectors sold a variety of old pennies, dimes, quarters, half dollars and other rare coins to the International Coin Collectors Association ... |
New rule to tighten tax reporting Arizona Republic "In the case of rare coins, you have to buy from whoever has them." Dealers see rising costs and other problems ahead. "We'd need to collect Social Security ... |
Will Obama Grab Your IRA? WEBCommentary The government knew it would be too much hassle to deal with these claims, and since there were thousands of bullion coins for every rare coin, ... |
 Coin Update News | Crossover, “Cross-under” or “Cross-out”? Coin Update News In it, she links to a company that specializes in MS60-70 coins. The latter company was purchased in 2008 by David Lawrence Rare Coins, which transformed it ... |
Google News