Money Management Tips for People of All Ages

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!

Learning About Selling Old Coins To A Gold And Silver Buyer

Finance & Money Blog

Gold and silver coin dealers are always eager to see customers wanting to sell items of value. These customers may have a collection they once started but then later lost interest in. In many instances, people inherit an estate and find old coins either in an organized collection or scattered around the home in various locations. They can sell these items to a dealer for cash.

Old Coins Around the Home

People who aren't passionate about coin collecting often have kept some older and potentially valuable currency anyway. They see an old quarter with silver content in their change and set it aside. They have a few silver dollars tucked away that were gifts or contest prizes.

Adult children who inherit a parent's estate run across these items as well as some gold coins while sorting through the belongings. One of them volunteers to bring the coins to a dealer who is happy to pay cash in exchange for the old currency. A gold and silver buyer is always glad when someone arrives with precious metal that has been stored away for many years. Antiques could be in the stash, along with silver half dollars and dimes. 


Some dealers have their own private collection and will pay a hefty price for a rare coin they do not yet have. These business owners also pay a premium for rarer coins in mint or uncirculated condition since it's easy to sell those items to collectors who frequent the shop. These types of currency command the highest prices for an individual looking to sell.

Payment for coins to be sold to other collectors will be a percentage of the actual market value. The seller receives a fair offer that also allows the dealer to make a profit.

Melt Value

Coins that aren't considered collectible or are not in excellent condition typically are sold for their precious metal melt value. Owners can find market value details online at sites that update daily or even more often. 

Concluding Thoughts

Coin collecting is an uncommon hobby, but those who engage in this activity find it fascinating. They learn about the history and the reasons for changes made to currency over time. The learning process is fun, and so is the treasure hunt to find more items. A person who owns collectible coins and is uninterested in them will be welcomed anytime by a gold and silver dealer. If you want to sell gold, then take a look at the site here or other sites. 


22 July 2021