Whether you are selling a finest known gold coin rarity or a common collection of silver dollars, selling your coins can be a daunting task. For the amateur coin collector as well as the uninformed person who merely inherited a group of coins, it can be virtually impossible to realize the best prices for your coins without proper guidance and help. Have you been looking for a gold coin buyer or a coin trader? Are you trying to find the right place to sell your rare coins?
It has become a widely accepted fact among coin dealers that selling certain types of coins thru certain major coin auctions houses at specific venues yields the highest prices realized for those rare coins. In many cases, coin prices realized at certain auctions blow away-perceived wholesale coin values even after the traditional coin auction fee is paid. Many US and foreign gold coins at recent sales broke price records and stunned coin collectors everywhere. Trouble is, most amateur coin collectors as well as the vast majority of uninformed people who sell their coins never quite find the avenues that best serve their goals when they want to sell their own holdings.
Tom Pilitowski has at one time or another represented clients thru every major coin auction company. As a seasoned professional, Mr Pilitowski has generated millions of dollars in rare coin sales consisting of gold coins, silver dollars, complete coin collections, fabulous foreign coins and more for his customers thru wholesale channels when needed and thru coin auction houses when the bottom line was most important.
You may have asked yourself, why do better coins sell for more money at auction? Simple. Because not only do rare coin dealers buy at auction, so do rare coin collectors. When you are selling to a coin dealer, he may have a handful of retail customers he can present your coins to. They may or may not be interested, be liquid, etc. At the right coin auction on the other hand, your coins may be presented to thousands of interested collectors, investors and dealers. And when that moment of sale occurs, your coins may find hundreds of hungry buyers bidding on them simultaneously. Hence a better bottom line for better coins.
You may also be asking what's the best auction, or how do you know that your coins have a better chance of selling for the highest price at auction or is selling to a gold and silver coin buyer, or coin trader your best bet. If you have a coin collection, whether you've bought and assembled it or if you've inherited them, you owe it to yourself and your family to seek out the best way to sell them.
If you have coins, US or foreign that you would like to sell immediately and they are not encapsulated by either NGC (Numismatic Guarantee Corp) or PCGS (Professional Coin Grading Service), please ship them to us registered mail, return receipt requested with a check for return shipping should we not buy your coins or place them at auction for you. If your coins have in fact been encapsulated, please send us a list or call us with a list of what you have and we will help you decide what is the best way to sell your coins.
it’s time to sell your coins you are faced with several
alternatives. You can bring them to a coin shop and ask the
owner what he will give you for them. You can consign them
to an auction and wait for the results, or you can ship them
to a rare coin dealer who will buy them from you directly.
Each alternative has its advantages and disadvantages depending
upon your circumstances.
Bringing them to the local coin shop is probably the fastest
way to liquidate your holdings; however, since the proprietor
in all likelihood will not have an immediate need for your
coins, he will give you a low price. Furthermore, since he
has high fixed expenses, he is not in the best position to
offer you a good price for your coins.
are a good alternative for some collectors but not most. Sometimes
you can do very well with an auction house, but there are
also problems. When you consign coins for auction, the house
often recommends a rather low minimum bid. After all, they
make money even if you don’t because they charge a percentage
of the hammer or selling price to both buyer and seller. If
anything happens to your coins prior to the auction, for example
if they are lost or stolen, you will receive the minimum bid
price. Sometimes the large auctions have many similar lots.
If yours is one of them, it can be a disadvantage by comparison.
Also because the auction house wants your coins to sell, they
encourage you to have your raw coins certified and your certified
coins recertified or CAC stickered. While this process does
not guarantee a higher grade, it definitely yields more expense
for the seller. The seller’s fee is usually 5 percent
of the selling price. At the end when your holdings are finally
sold, you receive a check for the net amount of the sale.
All of the auction house’s expenses are deducted as
well as any advance they may have given you. While auctions
may be good for liquidating extreme rarities, they are not
particularly helpful for the average collector. In addition
it is common to have to wait for your payment for more than
One of the truly good alternatives is shipping
your coins to a reliable, knowledgeable rare coin dealer.
He will make you a prompt offer in the form of a check, usually
within twenty-four hours of his receiving the shipment. If
you accept the offer, all you need do is cash the check. If
you reject the offer, just return the check and he will return
Rare Coin Investments has bought and sold many millions of
dollars in rare coins over the years. The company has developed
a large, solid group of both dealer and non dealer customers
who represent a huge financial base in which to offer rare
coins. If you would like to liquidate your coins quickly and
fairly, ship them to Mr. Tom Pilitowski for a fast offer.
Before you ship your coins, send an email to us to confirm
our interest in what you wish to send. Your only expense will
be the shipping cost. We cover the insurance up to $25.000
per box. If your coins are worth more than that amount, you
must make more than one package. Please do not ask us to make
you sight unseen offers on your coins unless you have bought
them from us. Making you sight unseen offers would not be
in either of our best interests, therefore we will not make
them. In order to be covered by our insurance, you must follow
our shipping instructions.
WHAT ARE YOUR COINS WORTH?
Tom Pilitowski and US Rare Coin Investments
deal primarily in better date gold coins and silver coins
for collectors and investors, in uncommon condition. While
you may have coins that appear to be similar to the images
you see on our site, most often they are not.
Many of the coins we handle were specially made and were meant
to be preserved since the time of issue. The slightest imperfection
or hint of wear can knock a coin’s quality down by several
points. It is impossible for a non educated non collector
to understand what grading involves, and it is best that you
have a professional look at these coins.
PLEASE NOTE! WE DO NOT GIVE APPRAISALS OR
RENDER OPINIONS WITHOUT VIEWING THE COINS ON OUR PREMISES!
If you do feel you have coins of superior quality, pieces
that were passed down since they came from the Mint (prior
to 1954), or were assembled by a knowledgeable numismatist,
we'd be more than happy to help you evaluate them or we'd
love to buy them!
However, if you have "common coins,"
it would be best to look up your local coin dealer in the
phone book and bring your coins to them, or you can buy The
Official Red Book to United States Coins 2012 (click here).
See the list below. While we will help you liquidate larger
holdings of these coins and generally offer better prices
than the local shop, we will need to have them in hand before
assigning any numismatists to handle them.
Package the coins in a sturdy box and seal
it with a non-reflective brown tape (the post office will
not accept shiny tape!) Bring the package to the post office,
and send your coins via registered mail. Remember if we are
to return coins to you, it is your responsibility to pay for
those costs. Include a list if possible, and do not forget
to include your address and contact information so we can
forward you a check.
Please Note:Sorry, but
we do NOT make sight-UNSEEN offers on any coins.
Additionally, it is not possible to
give fair quotes over the telephone sight unseen on
better coins. Therefore we do not make such quotes.
We can only provide answers about coins that are in
our possession. However, the prices that US Rare Coin
Investments will pay you for quality coins are among
the highest in the business, and payments in the form
of checks, trades, or bank wires can be made FAST.
US Rare Coin Investments also accepts consignments.
Ship your coins to us via Registered Mail or call
for details on how to ship to us utilizing our insurance.
You must follow the instructions for shipping in order
to be covered by our insurance.
details on how to ship your coins to us!
you have coins, US or foreign that you would like to sell, call
Tom Pilitowski now for a consultation. 1-800-624-1870
Tom Pilitowski U.S. Rare Coin Investments
P.O. Box 496607
Port Charlotte, Florida 33949 Toll Free: 1-800-624-1870