Finding Value: Guide to Buying Coins at Estate Sales
A ton of estate sales contain many hidden treasures from years of hoarding by the owners.
If you are a coin collector, estate sales are usually a treasure trove of finds of old and valuable coins.
Buying coins from estate sales is great because, unlike on the internet, you get to inspect the item up close and there is no associated shipping time or costs.
You get instant satisfaction and the thrill of the hunt! Another advantage of buying coins from an estate sale is that the person you are buying from may have very well been a collector themselves, so the coins could be in good or mint condition.
If you are unsure of the value of the coin, then you should whip out your mobile phone or laptop or call a friend to do a quick search on the Internet.
There are plenty of catalog books that provide the value of coins as well, so don't hesitate to make that investment and carry it with you.
It is critical to be informed about what you are actually purchasing.
When you are browsing coins at local estate sales watch out for chests or boxes full of coins, because it is not difficult to cram a load of worthless change into a container to make them appear more valuable.
Many sellers will do this to trick a person into believing that they could be buying something that has hidden valuables inside when there really is none.
If you see words in the advertisement referring to a "collection of coins" being offered, that's what you want to make a beeline for.
These personal compilations are usually extensive, curated and well cared for.
If you can buy from someone who had a passion for collecting and it was a hobby, then you are all the better off.
Another thing to keep an eye out for is sellers who are offering a bonus for buying coins.
Usually the coins contain little to no value and the seller is just looking for someone to take them off their hands.
Keep in mind that once you buy items at an estate sale there are no returns so you will want to be especially careful of this.
If you are unable to do research on the coins or know exactly what to look for, then it is better not dole out your hard earned dough instead of buy something blindly and blowing your loot.
So always try to gather as much information as possible about the coins before you make your purchase.
If you are a coin collector, estate sales are usually a treasure trove of finds of old and valuable coins.
Buying coins from estate sales is great because, unlike on the internet, you get to inspect the item up close and there is no associated shipping time or costs.
You get instant satisfaction and the thrill of the hunt! Another advantage of buying coins from an estate sale is that the person you are buying from may have very well been a collector themselves, so the coins could be in good or mint condition.
If you are unsure of the value of the coin, then you should whip out your mobile phone or laptop or call a friend to do a quick search on the Internet.
There are plenty of catalog books that provide the value of coins as well, so don't hesitate to make that investment and carry it with you.
It is critical to be informed about what you are actually purchasing.
When you are browsing coins at local estate sales watch out for chests or boxes full of coins, because it is not difficult to cram a load of worthless change into a container to make them appear more valuable.
Many sellers will do this to trick a person into believing that they could be buying something that has hidden valuables inside when there really is none.
If you see words in the advertisement referring to a "collection of coins" being offered, that's what you want to make a beeline for.
These personal compilations are usually extensive, curated and well cared for.
If you can buy from someone who had a passion for collecting and it was a hobby, then you are all the better off.
Another thing to keep an eye out for is sellers who are offering a bonus for buying coins.
Usually the coins contain little to no value and the seller is just looking for someone to take them off their hands.
Keep in mind that once you buy items at an estate sale there are no returns so you will want to be especially careful of this.
If you are unable to do research on the coins or know exactly what to look for, then it is better not dole out your hard earned dough instead of buy something blindly and blowing your loot.
So always try to gather as much information as possible about the coins before you make your purchase.
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