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.
Auction houses 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