Make sure they have what you want to buy, or are willing to buy the coins you want to sell. This is why it’s always a good idea to call coin dealers ahead of time. Often, one coin shop will have 2 or 3 associates, and each will have his or her own area of expertise.Īs a coin collector, the most frustrating experience is traveling to a coin shop only to find the dealer doesn’t carry certain material you want, or the coin dealer has no need to buy the types of coins you were hoping to sell. While some coin dealers will sell seemingly everything under the sun, even those dealers specialize in something or other. coins, while others specialize in modern coins, or copper coins, or world coins. This is why many coin dealers specialize in only certain types of coins. It’s virtually impossible to know everything about every coin. The coin world is pretty wide and diverse. #3 – Make Sure The Coin Dealer Is Knowledgeable About The Coins You Wish To Buy & Sell There’s relatively little risk in buying coins from an eBay coin dealer - so long as you follow the same advice in this article that you’d use when shopping around for a bricks-and-mortar coin dealer. EBay coin dealers who have solid 99% (and higher) ratings and a feedback score in the thousands are usually the better coin dealers. Many honest coin dealers are listed with the Better Business Bureau (BBB). Before shopping at any coin shop, be sure the coin dealer has good BBB ratings and has no negative marks - such as many complaints or unresolved customer claims.īy the way, if you’re going to buy coins on eBay, be sure to check the coin dealer’s feedback ratings on eBay first. Honesty is always the best policy, and it’s a business policy every coin dealer should live by. This is really a shame - because the few bucks that coin dealer might unscrupulously make on a sale will likely pale in comparison to the amount they will have to pay in lawsuits or lost business if the word gets out about their unfair business practices.

Refuse to offer buyers recourse on their purchases.Get away with selling misrepresented coins.There are many great coin dealers around, but there is also the occasional coin dealer who thinks they can: If you find a coin dealer who practices solid business ethics, you’ve struck gold. #2 – Make Sure The Coin Dealer Has A Solid History Of Good Business Practices You may get some candid feedback about larger, more well-known coin dealers if you ask around on coin collector forums such as CoinTalk and Coin Community. Some coin dealers are nationally known - they even publish advertisements in coin magazines and newspapers.

Just ask if they have any recommendations on coin dealers that they’ve had good experiences with. Chances are, your more experienced coin club friends are familiar with the better dealers in your neck of the woods and would be glad to make some coin dealer recommendations for you.Įven if you aren’t a member of a coin club, you can still reach out to local coin clubs on social media. If you’re a member of a coin club, find out what coin dealers your fellow coin club members patronize. Here are 5 tips to help you find a coin dealer who’s reputable and reliable: #1 – Ask Coin Clubs For Their Recommendations How do you find a coin dealer who meets these criteria? Have earned recognition from their peers and by organizations such as the American Numismatic Association (ANA) and Professional Numismatists Guild (PNG).Are knowledgeable about the coins they buy and sell and.But shopping around for a good coin dealer who has the coins you need, is experienced, and follows honest, ethical business practices may require a little more work. A coin dealer is one of the greatest resources that we coin collectors have.Ĭoin dealers are coin experts that can help you:įinding a coin dealer is easy.

Reputable coin dealers near me