Skip to Content

Selling Coins At A Pawn Shop

If you collect coins or you have inherited or found some old coins and you want to sell them, you have a number of options.

If you want the most money and you have the time, you can find other collectors and sell to them.

But if you are looking for a quicker sale then you should consider selling with a pawn shop Jackson or close to you. It is a lot easier in terms of details and the process as well.

You can find pawn shops all over the country, and the reputable ones follow laws that are both federal and state in nature.

Selling Coins At A Pawn Shop

Check the pawn shop buys and sells coins

Many pawn shops would be interested in buying old coins but you should check with them in case they are one of the few that do not.

There are rules that need to be followed when it comes to buying and selling rare coins. For that reason, some choose not to do so because of those rules.

0Some are not able to verify if a coin or collection is genuine.

There are also some less than scrupulous people who fabricate coins to make them look old and collectible when they are not. It is always the best plan to use a pawn shop Lakewood that abides by the rules and laws.

You can look online to see if they handle them or you can give them a call and ask so you do not waste time going there and being disappointed.

Why consider a pawn shop when collectors offer more money?

That is a good question and if your sole goal is to get the most for them you can, and you are prepared to work for it and spend some time on it, then you should choose differently.

The great thing about a pawn shop Jackson as an option is you can get cash for them right away if you are selling, or a percentage of their value as a loan if you want to pawn them.

Things to do before you sell your old coins

If you are still ready to take your coins to a pawn shop Lakewood or close to you, then you should do a little work and homework in order to get the best results. You should know what you have and what an approximate value for them would be.

Keep in mind when you take them in they will give you a valuation and make an offer based on that and it is likely to be on the low side of things.

Think about whether it is best to separate the collection or keep them together. Keep them clean and protected.

Summary

When you have one or more old coins you want to sell swiftly and easily and you are happy to balance that convenience with an amount at the lower end of their value, a pawn shop could be a great place to take them.

Just give them a call first to make sure they are interested.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This site uses Akismet to reduce spam. Learn how your comment data is processed.