How do you know if a coin appraiser is legit?

You can get an appraisal of the more valuable coins in your collection from a dealer authorized by the PCGS; find members in your area at http://pcgs.com/dealers/.

Can you trust coin dealers?

Coin dealers may get a bad reputation among their peers if they are unethical or not trustworthy, making it a good idea to avoid these coin dealers. If you know other coin collectors, ask them what their experience has been like with different dealers.

Will coin dealers rip you off?

Get To Know The Coin Dealers Some coin dealers will offer better deals on coins, while some will charge way too much for lower grade coins. Some will give you a fair price if you’re selling, and some will completely rip you off if they think you have no idea what you’re doing.

Who is the most reputable coin dealer?

Top 10 Online Bullion Dealers

• APMEX.
• Money Metals Exchange.
• Provident Metals.
• JM Bullion.
• Westminster Mint.
• SD Bullion.
• Gold & Silver, Inc.
• BGASC.com.

What coins are coin dealers looking for?

Make sure you buy these coins from a reputable coin dealer and have them certified by a third-party grading service.

• 01 of 10. 1909-S V.D.B.
• 02 of 10. 1921 Peace Dollar.
• 03 of 10. 1878-CC Morgan Silver Dollar.
• 04 of 10. 1914-D Lincoln Cent.
• 05 of 10. 1955/55 Doubled Die Lincoln Cent.
• 06 of 10.
• 07 of 10.
• 08 of 10.

Who is the best coin grading service?

If you want the certification of your coin to be universally accepted you may want to stick to the two most trusted services, Numismatic Gaurunty Corporation (NGC) and Professional Coin Grading Service (PCGS). NGC and PCGS are trusted around the world because of their consistent and reliable grading.

How do you know if you have rare coins?

Look at Mint Marks For most U.S. coins, this will be on the obverse (or head side) of the coin, but certain older coins have the mint marks on the reverse. Coins minted in Philadelphia often lack a mint mark. Some coins were produced at some mints but not others, or may have been made in varying quantities.

What percentage does a coin dealer take?

Factor in listing fees, selling fees, which are generally 9%, insertion fees in certain cases, and the cost to ship and insure your item, which can be substantial for expensive coins. There is also the time it takes to create a good listing and the need to wait and see if your item sells.

Are coin shops honest?

She is a member of the American Numismatic Association. Although it’s easy to find somebody selling coins, finding an honest and qualified coin dealer is a lot more difficult. However, if a coin dealer is fair and honest, they will give you a fair and honest price. If a deal is too good to be true, it usually is.