Where Can I Sell My Old Coins For The Best Price?

by | Last updated on January 24, 2024

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  1. Go to Quickr.com and log in. …
  2. Make a listing for your coin and click, upload pictures of the website.
  3. Interested and relevant buyers will get in touch with you directly via the details mentioned on the website.
  4. Negotiate and sell the coin at the highest price offered.

Is it legal to sell old coins in India?

As per the Antiquities and Art Treasures Act, 1972, any manuscript, coin, sculpture, painting etc which dates back to 100 years and above is an antique. … Although this act do not talks about selling or imitation of antique but

in general it is not allowed as per criminal laws of India

.

How can I sell my old coins in India?

Step 1: Visit the

official website indiamart.com

which facilitates buyers and sellers to trade directly. Step 3: Click a picture of your coin, and put it for sale on the website. Step 4: Talk to interested buyers who will contact you. If you have a rare coin, then you have the chance to earn a good amount of money.

How can I sell my old coins?

  1. 1.) Sell to a Coin Shop – Now the coin dealer is going to buy them for less than they are worth, and this is normal. …
  2. 2.) Physical Auction – You may want to find an auction and see if the auction house is interested in listing your collection. …
  3. 3.)

Does RBI buy old coins?


RBI cautions public against online buying and selling of old coins

, notes. … Cautioning the general public “not to fall prey to fictitious offers of buying/ selling of old banknotes and coins,” the RBI said the central bank does not deal in such matters, and “never seeks charges/ commissions of any sort.”

Do banks buy old coins?


Consumers can turn in their coins for cash at banks

, which will give them their full value. Banks do not charge a fee to their customers when they deposit coins, but many require that the coins be rolled in wrappers. Some banks like Wells Fargo will exchange rolled coins for noncustomers without a fee.

What coins are worth a lot of money?

  1. The 1794 Flowing Hair Silver Dollar. picture alliance/Getty Images. …
  2. The 1787 Brasher Doubloon. …
  3. The 1787 Fugio cent. …
  4. The 723 Umayyad Gold Dinar. …
  5. The 1343 Edward III Florin. …
  6. The 1943 Lincoln Head Copper Penny. …
  7. The 2007 $1 Million Canadian Gold Maple Leaf. …
  8. 1913 Liberty Head V Nickel.

How many coins is 1 kg?

Answer: the weith of one coin was 4.85 and 1 kg is equal to 1000 gm . so there we must that use the weith of 206 coins is

999

.

Is it illegal to sell old coins?

Is my business permitted to sell genuine United States coins on the secondary market?

Yes

, but your business is expected to comply with all U.S. trademark laws and false and deceptive advertising laws.

How can I exchange old coins for cash?

  1. 1.) Sell to a Coin Shop – Now the coin dealer is going to buy them for less than they are worth, and this is normal. …
  2. 2.) Physical Auction – You may want to find an auction and see if the auction house is interested in listing your collection. …
  3. 3.)

Do banks have 50 cent coins?

“But what 99% of the public doesn’t realize is that

many banks today still hold large quantities of these coins

.” … The fifty cent piece is one of the most common coins in US history, and was very widely used up until about 50 years ago, but it has effectively disappeared from circulation.

How much are wheat pennies worth?

Most wheat cents (wheat pennies were minted between 1909 and 1956) are worth

about 4 to 5 cents

. Those in better condition can have double-digit value. Special examples (especially those in near perfect condition) can be worth much more. Indian Head pennies from 1859 to 1879 are generally worth more than $10.

How do I know if a coin is valuable?

  • 1943 Lincoln Head Copper Penny. …
  • 1955 Doubled Die Penny. …
  • 1969-S Lincoln Cent with Doubled Die Obverse. …
  • 1982 No Mint Mark Roosevelt Dime. …
  • 1999-P Connecticut Broadstruck Quarter. …
  • 2004 Wisconsin State Quarter With Extra Leaf. …
  • 2005-P “In God We Rust” Kansas State Quarter.
Maria Kunar
Author
Maria Kunar
Maria is a cultural enthusiast and expert on holiday traditions. With a focus on the cultural significance of celebrations, Maria has written several blogs on the history of holidays and has been featured in various cultural publications. Maria's knowledge of traditions will help you appreciate the meaning behind celebrations.