Popular Places For Buying Collectible Coins

If you are a coin collector, one of the joys of collecting is spending a considerable amount of time finding coins. Coin collecting is a bit like treasure hunting in that you are constantly looking for certain coins to complete a collection or just looking for a certain coin that you find intriguing.

Finding coins for sale can be a bit of a learning experience for new collectors who may not know where to look to find coins that are for sale. Below is a list of places and venues that you can buy coins.

Internet Auctions

Internet auctions such as eBay have become a very popular place to find coins. Buyers from around the world list coins for sale on eBay in hopes of attracting many buyers. The success of eBay’s coin collecting section has been very well received in the numismatic community and many members of the community frequently buy and sell through Internet auctions.

Coin Shows

Coin shows have been around for years and are a great place to network with other coin collectors. Generally they are setup on weekends in hotel convention rooms or other public halls. A large number of collectors set up tables or booths and display the coins that they have for sale. This can be a great place to learn from other more seasoned coin collectors.

Flea Markets

Weekend flea markets are setup many times on weekends and carry just about anything that you can think of. Frequently coin collectors will set up tables at Flea Markets in hopes of displaying their coins and other antique to hungry buyers.

Estate Auctions

This is a very common place to buy antiques in general. Many elderly people, upon passing away have their assets liquidated through the means of an auction sale where everything is sold. Often these people had small coin collections that date back many years. Once in a while a very valuable coin is sold at an estate auction. It’s unlikely that the deceased owner knew that they were holding onto a coin of such high value.

Coin Related Periodicals

Coin newspapers and magazines that are published on a weekly or monthly basis are a great place to learn about coins. They also contain advertisements for coin stores and large coin dealers so that you can contact these people about certain coins that you wish to buy or sell.

Antique Stores

These are retail stores operated specifically to sell antiques. Usually filled with furniture and other old knick-knacks, sometimes they will have a small coin collection for sale.

Coin Shops

These are becoming less frequent today because of the high cost of doing business in a physical building, vs. the low cost of operating on the Internet, but they are still around. Many times these retail stores have been around for many years and the owners have a great degree of knowledge about the products that they sell. Generally, because they are being sold in a retail environment, you may have to pay a premium to buy there.

Tips of Finding Cheap American Silver Eagle Coins

American silver eagle coins are bullion coins first offered in 1986 through a program implemented by the US Government. In 1985, the American Congress authorized the production of coins and via the program the coins are certified by the government based upon their content, purity, and weight. Finding cheap silver eagle coins is very easy if you know what to look for and where to shop.

First and foremost, give some consideration to online shopping for the American silver eagle coins you are searching for. By using the Internet, you are broadening the scope of your coin shopping endeavor and you can instantly find coin sellers and dealers from all around the globe. Once you have located reputable sellers, you can begin the cumbersome processes of comparing coins’ prices.

When hunting for American eagle silver coinage, you should know well in advance what to demand from a seller. These coins have very specific designs derived from the “Walking Liberty” fifty cent piece. You will be seeking out coins with a heraldic eagle created by Mr. John Mercanti, the have a one-dollar denomination on the front, and the proof variants have been specifically struck with carefully chosen dies.

These coins are sold through what is identified as “Monster Boxes.” The boxes are green in coloring and hold a total of twenty-five coin rolls. Every roll holds as many as twenty coins. Buying in bulk quantities will prove to supply you with the lowest possible premium for the coins that you seek. You can also find these coins offered in single rolls consisting of 20 silver coins. These rolls are marked with the US Treasury seal. You also have the choice of buying one coin at a time, but you can anticipate paying more when you opt to buy coins individually.

The American silver eagle coins on offer today are in very high demand; this means you can find them with relative ease and you can convert them just as fast. The silver eagle proof and uncirculated variants are a bit harder to come by simply because they were no longer made after the year 2009. This means you just have to do a bit more research if you are hunting for the proof and uncirculated versions. If you shop online to seek out the coinage you desire, you can narrow down travel time, shop from home, and find the coins you desire with relative ease.

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