I spent my 20s mismanaging my money, and came to regret all of those impulse purchases placed on credit cards when my credit score plummeted due to missing a few payments. I didn't learn how much this would affect my life until I was denied for both an auto loan and mortgage in the same year due to my bad credit score. I spent the next few years cleaning up my credit report and putting every extra penny I had toward old debts. Having to put my impulse spending on halt was difficult at first, but it was a great learning experience and I now realize how rewarding saving and investing money really can be. I have put a lot of research into good money management techniques, so I decided to start a blog to share what I have learned with anyone who needs help!
If you are finding your Christmas list is rapidly growing and you are running out of money this can be stressful for you. Fortunately, there are things you can do to get more green in your pocket so you purchase everything you want. If you have a coin collection this is one way you can make the money you need. You may have a lot of money and not know it. To determine if this is true, below are some tips on selling your coin collection.
Get Coins Ready
First, gather together all the coins and inspect them. If they look dirty do not clean them. This is very important as a buyer will not buy the coins if you clean them. This is because they want the coins to be as original as they can.
Put each individual coin into small sealable bags. These bags are specially made for coins and just large enough to fit the coin into. This makes it much easier on a buyer when they go through your coins and is a great way to keep your collection organized.
Find Value of Coins
Before you start selling purchase a few books that lists all coins and what they are worth. This will take you a lot of time if you have a lot of coins, but it will be well worth your time. This is because you will not sell a coin under the price that it is worth.
You can find information online to help you determine the value of your coins. There are also many books that you can purchase to help you do this.
Very valuable coins have mistakes on them. For example, if you have a coin that is double-headed, such as the president on the coin has two heads, this may be more valuable. Any kind of mistake on a coin may raise the value. Just because your coin is old, however, does not mean it is valuable.
Take Collection to Buyer
The best thing to do is to take your coin collection to a reputable coin buyer. They can inspect each coin that you have no matter how large your collection is. They will know if you have one or more valuable coins, as they know what to look for.
You should take your coin collection to more than one buyer to ensure you get the right price.
Talk with the coin collection buyer about this information and they can answer any questions you may have about this.
Share14 December 2018
