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How can I make money with coins?
As a coin collector, it’s nearly impossible to make money by just collecting coins. Instead, you can make money by selling all or part of your collectible coins. You can either sell the coins at a profit or liquidate part or your entire coin collection.
What can I do with old coins?
Generally, banks or foreign exchange won’t accept coins, but there are lots of other options:
- Try taking them to your local charity shop as many charities accept old and foreign coins to help raise valuable funds.
- Oxfam shops accept stamps, coins, banknotes and other collectable items like medals and badges.
How do I sell my old coins online?
For selling the old coin, all you need to do is list the currency on an online classifieds platform such as Quikr. Interested customers are ready to pay a hefty price to buy collectable and rare coins.
Can I exchange old coins at a bank?
Your bank may swap or deposit old paper notes and coins. Banks don’t legally have to accept old paper notes and coins once they’ve been withdrawn from circulation. However, some may continue to allow you to swap them while others may let you deposit old notes and coins into your account.
How much do old coins sell for?
Dollars
| Coin Type | Average Circulated | Typical Uncirculated |
|---|---|---|
| Dollar – Morgan – 1878-1921 | $15 – $20 | $24 – $70 |
| Dollar – Peace – 1921-1935 | $15 – $19 | $20 – $50 |
| Dollar – Eisenhower – 1971-1978 | Face value | $1.25 – $2 |
| Dollar – Susan B. Anthony – 1979-1981,1999 | Face value | Face value |
What is the best website to sell coins?
Best places to sell coins online
- CoinsForSale.com Only 5\% to sell. No listing fee.
- Heritage Auctions 10\% fee. Consignment program.
- Ebay 12.35\% + $. 030 fee, plus listing fees.
- Apmex Well known. But won’t pay until after you’ve shipped your coins.
- Modern Coin Mart Won’t pay you until after you’ve sent them your coins.
What is the best app to sell old coins?
CoinBazaar is a popular app to buy and sell precious metal coins on the platform. The platform was founded in October 2012 and is available on Google Play Store for Android users besides the web portal. On numerous festivals and other occasions, Indians purchase gold and silver coins for investment and gifting.