Joon Mali Fan

I thought that selling coins would be easier than what it has turned out to be. I found some old silver and gold coins in the attic of our new home and the old owners told me that they were definitely not theirs, so I could do whatever I wanted with them. I figured that since they were so old, they might be worth thousands of dollars.

I looked online about selling old silver coins and the best people to contact when trying to do that in my area. I made two separate appointments with coin dealers to see if selling coins to them would pay off. I made sure to make them about an hour apart so that I had enough time to get across town.

The one thing that I learned, that if you are selling old silver coins then you really should do your homework of what they are worth before talking with any dealer. The dealers want to give you the least amount of money that they possibly can but you have to make sure that it is fair. I had no idea if it was fair or not. One dealer offered me fifty dollars and the other offered over five hundred dollars. Of course I want to take the five hundred but what if they are actually worth more and I could get double that amount.

This entry was posted on Monday, March 1st, 2010 at 2:58 pm.