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Selling a coin

Started by AlexCaffe, March 12, 2021, 09:25:26 AM

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AlexCaffe

A few months ago, I found a strange coin in my grandfather's attic. He gave me permission to take it up. I was pleasantly surprised when I saw the price of this coin. I decided to sell. I know that it needs to be checked for meanness, so I started looking for a company closest to me that could confirm or deny the meanness of this coin. I worked for some companies and they gave me the price of checking the coin, which pissed me off as I thought it would cost me a little less. I was desperate, there was a possibility that the coin was a craft, I would be upset if I spent cash on a dishonesty check and I would be told that it was a craft. And when I got desperate, I stumbled upon Elvatech . It turned out that there is a dealer of this on company in my city. I decided to visit this company, since there is not so much from my house to them. And what was my surprise when they named the price of verification, which was several times less than in other companies. A week later, I was told that the coin was genuine. One of the company's employees advised me on several collectors who might be interested in my coin. So, two days ago, the coin passed to the new owner.

Figleaf

Hello Alex. Welcome to WoC. You have just started collecting coins, so allow me to give you some advice.

If you don't know where to post, just post on the board "Where does this go?", the second from the top, in order to avoid misunderstandings.

If you have doubts about whether a coin is genuine (a large majority of coins is genuine, the exceptions being Greek, Roman and Chinese coins), ask here. It's free. You can get the same service from what is known as "third party graders" (TPG). They charge a fee and you pay postage. Imitations are not worthless. If they are modern and gold or silver they can be used in jewellery to make perfectly nice gifts. If they were made to fool people to accept them as money, they are considered interesting and there are people who collect them.

If you want to buy or sell a coin, you should know about the item. There are free catalogue web sites where you can find further details and pictures. If the item is modern, there are several ways to find its general price level. The fastest way is to google the coin and find for what price it is offered.

If you start collecting, you can save a lot of money by asking yourself WHY you are collecting and WHAT you want to collect - taking your budget into account. Do not collect to invest. Coins are an investment in your education.

Before you post on a board, read the stickies. These are posts with a pin both in the first and in the third column of the tables of each board. They are always on top of the first page of that table.

A special feature of the site is that you can read it in just about any language, e.g. if you are a French-speaking Canadian, you can read the site in French with the button "Select Language" near the top right of every page.

Have fun here,

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

cmerc

Could you share what was the coin that you ended up selling? Do you have pictures? Also, you could have gotten your coin identified and verified (with no guarantees) for free on this forum!
Defending this hobby against a disapproving family since 1998.