Before You Sell...
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Your coins (bullion), you need to know a couple of things before you do anything.
Get Educated
You should know the value of coins. This is very important due to fluctuation of the precious metals market. What you buy today at one price is not what you may get when you sell it.
Also get educated on the products. I remember when I was selling some of my coins to a coin dealer, I was asked about a particular coin in my collection that I wasn't selling. He asked me if I knew the difference between the grades of 69 & 70 which I replied that I did and also told him that this coin had a very low mintage.
He was shocked that I knew and tried to offer me a low ball price which I politely decline because I knew the value of my coin and he would be selling it for a higher price later on. If I had not studied, I would've been ripped off and would've been upset at myself.
This happens a lot to people who sell their products without knowing the intrinsic value of coins. There is another story of a person selling gold collectible coins that they stole to a pawn shop. The coins were worth of over $50,000, but the person only received $12,000 for them. The thing that I suggest is to get educated on the precious metals market and understand the value of them before you purchase/sell.
To Sell Your Coins
You can sell your bullion or collectible coins to coin dealers and pawnshops, but they will NOT give you full price for them. The will come close to what the market is dictating at the time and they have to sell them at higher price so they can make a profit also.
If you need to liquidate, understand this rule of thumb before you off load your metals. If you want to get more than what the dealers at the shop are giving you, then look into selling your coins online like Ebay or Amazon. Just find out about their fees for listing, then calculate the cost that you are comfortable walking away with.
If you bought coins from Mintbuilder and would like to sell them, then you can email to find out the process on how to do this. Remember!!!! Dealers will come close to the market price of the precious metals. If a gold gram bar is going for $60, a dealer may offer you $45 for it.
Contact to sell your coins to Mintbuilder if you bought them:
Support@MintBuilder.com
Phone: 941-777-1165
Mailing Address:
MintBuilder.com, LLC
8374 Market Street #162
Lakewood Ranch, FL 34202
Get Educated
You should know the value of coins. This is very important due to fluctuation of the precious metals market. What you buy today at one price is not what you may get when you sell it.
Also get educated on the products. I remember when I was selling some of my coins to a coin dealer, I was asked about a particular coin in my collection that I wasn't selling. He asked me if I knew the difference between the grades of 69 & 70 which I replied that I did and also told him that this coin had a very low mintage.
He was shocked that I knew and tried to offer me a low ball price which I politely decline because I knew the value of my coin and he would be selling it for a higher price later on. If I had not studied, I would've been ripped off and would've been upset at myself.
This happens a lot to people who sell their products without knowing the intrinsic value of coins. There is another story of a person selling gold collectible coins that they stole to a pawn shop. The coins were worth of over $50,000, but the person only received $12,000 for them. The thing that I suggest is to get educated on the precious metals market and understand the value of them before you purchase/sell.
To Sell Your Coins
You can sell your bullion or collectible coins to coin dealers and pawnshops, but they will NOT give you full price for them. The will come close to what the market is dictating at the time and they have to sell them at higher price so they can make a profit also.
If you need to liquidate, understand this rule of thumb before you off load your metals. If you want to get more than what the dealers at the shop are giving you, then look into selling your coins online like Ebay or Amazon. Just find out about their fees for listing, then calculate the cost that you are comfortable walking away with.
If you bought coins from Mintbuilder and would like to sell them, then you can email to find out the process on how to do this. Remember!!!! Dealers will come close to the market price of the precious metals. If a gold gram bar is going for $60, a dealer may offer you $45 for it.
Contact to sell your coins to Mintbuilder if you bought them:
Support@MintBuilder.com
Phone: 941-777-1165
Mailing Address:
MintBuilder.com, LLC
8374 Market Street #162
Lakewood Ranch, FL 34202