Coin Selling
Coin Selling
Things to avoid when buying or selling gold coins:
When you are buying or selling valuable coins there are always a few people out to cheat you.
These are some of the methods they use.
When you are selling coins:
Always send expensive coins or valuable silver coins by registered post and factor the cost of that into your post and packing charges.It is a good idea to photograph the coin before you send it as you then have some proof of sending. Mark the eBay number on the packing inside the coins package. Do not identify the contents unless you are sending them to another country.
Check the buyers account BEFORE you send very valuable coins. Thieves steal PayPal accounts and gold coins and jewellery are favourite targets as gold coins are easy to sell.
I had a thief trying to buy a gold bracelet using a PayPal account from Australia- except he wanted it delivered to Manchester England. I emailed the PayPal account holder and she had been robbed of over $5000 by this creep. I did not send the bracelet and re-listed it and the same thief tried to buy it again. He was not lucky.
Other Scams include buyers using stolen cheque books or bank accounts – always ensure the person buying such coins is the real account holder.
When you are Buying expensive Coins:
Check the vendors feedback on the auction and avoid any with several negative feedback items. Especially look out for wrong grading of gold coins as this can make a huge difference to the gold coins value.
Other things to look out for are gold plated coins from China (gold plated over silver they look very real) and gold plated Nazi pre-WWII coins plated over base metals.Many people have been fooled by these fake copy coins.
Ancient gold coins are also something to be wary of. Lebanese forgers have produced very realistic forgeries of Roman and Middle Eastern valuable coins. They have also expanded their range to include medieval European gold coins. The difference in value between medieval high valued coins and copy similar coins is huge and very lucrative for them. These turn up at online auctions and in the Gold Souks of Dubai and other Middle Eastern Countries.
Because of the current high prices of gold these vendors have recently resurfaced.
A more recent con trick was played by a nighthawk (illegal treasure hunter) who copied some nice gold roman coins and scattered them near the site of a recognised Roman Temple and ‘found’ them again in the presence of half a dozen witnesses- thus giving provenance and he was selling them widely until he was caught doing it. He is currently in jail.
Lots more gold coin information here
Pet Society // Coins hack // 99×999 coins with selling pink chairs [MADE BY ME UWSCHOEN]
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1882-H Canada Large Cent Penny Selling Lifetime Coin Collection $34.88 |
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1900 1901 1902 1903 Indian Head Cent Penny Lot Selling Lifetime Coin Collection $9.88 |
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The Green Coin Book – 1962 – Appraising & Selling Your Coins $4.99 |
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1990 TOPPS BASEBALL COINS SALESMAN SELLING SHEET $4.99 |
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1989 TOPPS BASEBALL COINS SALESMAN SELLING SHEET $4.99 |
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1925 1926 1927 1928 1929 Wheat Ears Cents Pennys Lot Selling Coin Collection $3.60 |
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1923 1924 Lincoln Wheat Ears Cents Pennys Selling Lifetime Coin Collection $2.84 |
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1916 1917 Wheat Ears Cents Pennys Pair Selling Lifetime Coin Collection $2.44 |
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1923 1924 Wheat Ears Cents Pennys Pair Selling Lifetime Coin Collection $2.24 |
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2001 SLOVENIA 1 TOLAR SELLING LIFETIME COIN COLLECTION $2.23 |
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