Raleigh's Best Coin Dealer to Sell Coin Collections,Silver, Rare Coins, Gold& Bullion
Raleigh Gold Coin Dealers buys all coin collections and estate coins for the best value in Raleigh.
If you’ve been named as an executor of an estate, you are no doubt feeling overwhelmed with the responsibility of determining what is valuable and what is just sentimental. As the estate executor you are probably dealing with trying to value and liquidate real estate, a home and its contents, jewelry, IRAs, investment accounts and more. It’s not uncommon to come across a coin collection when evaluating an estate; especially the estate of someone who lived through rough times. It was quite common during those times for people to save large amounts of U.S. silver dimes, quarters, half dollars and silver dollars for their own personal collections. While by no means rare, these coins are valuable today because of their 90% silver content. Coin collecting was also a popular hobby among “The Greatest Generation,” so it’s not uncommon to find numismatic coins in an old coin collection. In addition, many estate collections also include Gold or Silver bullion coins. The value of bullion coins is derived from the underlying metal content as opposed to any numismatic value as a rare coin.
Needless to say, being responsible for the sale and liquidation of an estate coin collection, whether large or small, can seem like a very daunting task. You no doubt have many questions. Like how long will it take to sort and inventory the coins? How will I know what’s valuable? How can I avoid being taken advantage of when I sell the collection? How do I find a reputable coin dealer?
We know that a coin collection is just a small part of the estate liquidation you are responsible for, however, it is worth your time to do a bit of research, learn about the coins in the collection and have a rough idea of the values to make sure you obtain the best price for the collection. We hope this article will answer most of your questions and provide you with the information that you need to sell an estate coin collection in the safest and easiest way possible.
There are many factors that determine a coin’s worth, and, unless you are an experienced coin collector yourself, you may not be familiar with these factors. Two coins that on the surface may appear to be exactly the same to a casual observer may have vastly different values when evaluated by an nusmismatic expert. Sometimes a minor difference, such as the year, where the coin was produced and/or condition of a coin can mean the difference of hundreds of dollars.
Yes, you could just bring the whole pile (or box, or jar) of jumbled coins to a coin dealer and have them go through the coins and request an estimate. However, to avoid wasting yours and the dealer’s time, it helps to know if you’re dealing with a coin collection from a serious collector, an accumulation of coins that were primarily saved for their underlying metal content, or both. It’s uncommon to find rare and valuable coins stored in coin tubes, bags, jars or boxes. Typically, more valuable or rare coins are separated from the common coins. As is the case of certified coins from a reputable third-party grading service. Like PCGS or NGC. Professionally graded or certified coins are sealed in hard acrylic cases. Don't open them !! It’s worthwhile to undertake the process of going through the entire collection to determine the type of collection you’ve been tasked with and which outlet may be best to liquidate your collection.
Whatever you do, do not clean the coins . This is a common mistake many non-collectors make when they inherit coins. Cleaning a coin will permanently alter its surface and decrease its value. Regardless of the type of coin (bullion, collectible, or numismatic), you will always get more money when you sell coins that are unaltered. Please don't clean them !! You will be sorry.
Believe it or not the coin collection most likely is organized. So, don't change the order you find it in. What you can do is, gather all the loose dimes together, all the loose quarters together, all the loose dollars together, all the proof or mint sets together, etc. . Then group together any bullion (gold, silver, platinum and palladium coins, bars and rounds). World coins composed of precious metals should be separated from the U.S. coins already if any are found in the collection. Any coins that are already housed in cases like PCGS or NGC or albums should be left intact, as some these coins may be rare key date coins.
All coin dealers would need to know the general size and composition of your collection to determine both the potential value and the amount of time it will require to evaluate your collection. It’s very helpful when contacting coin dealers if you can say, for example, “I have an estate collection of about 500 coins which includes 50 buffalo nickels, 200 or so silver quarters, about 200 silver dollars, 4 one ounce gold coins, 8 tenth ounce gold coins, 50 one ounce .999 silver rounds, 2 proof silver coin sets, 10 commemorative silver dollar sets, and a handful of silver coins that I think might be really valuable as they are inside NGC and PCGS coin holders.” At the appointment, the best coin dealer will thoroughly evaluate your collection, itemize your coins and currency and individually price any rare, key date certified coins. Our owner Louis Gouchie has worked with attorneys to get top dollar for their estates. At Raleigh Gold Coin Dealers we are the top coin collections buyers in Raleigh NC.
No appointment is necessary, and you’re welcome to pull right up to our front door and we’ll even assist you in bringing your coin collection inside. If you have a larger coin collection, you should make an appointment to save yourself time. We are open Monday-Friday 9:00 am till 3:30 pm and Saturday 9:30 till 2:00 Pm Closed Sunday and Wednesday by appointment.
Call and ask for Louis if you have any questions.
Raleigh Gold Coin Dealers
3735 Junction Blvd.
Our location in Raleigh on the map: https://raleighcoindealers.com/#21b3f4d1-d30e-4645-90e2-b9a95012f33c
For a coin appraiser in Raleigh: https://raleighcoindealers.com/raleigh-coin-appraiser
Raleigh gold coin dealers buys estate coin collections & gold or silver in our Raleigh NC coin shop