The Numismatic hobby landscape has changed dramatically over recent years. This can make it hard to find private coin buyers near you.
When it comes to finding a reputable coin buyer these days you have two choices, both with their own issues:
- Find a local coin shop in your area
- Look online
Finding a local coin shop can be difficult because there simply aren’t that many coin shops around anymore (after all, that’s why you had to search “private coin buyers near me”).
Rather, having a coin dealer or coin shop on every other corner is a thing of the past. You may have to travel far and wide to find a coin buyer who is both knowledgeable, and has the coin collector clientele who want all the different types of coins that are in many collections that will allow them to make an offer favorable to you.
Going online may be more convenient, but then you’re dealing with faceless buyers on sites like ebay or Stack Bowers who may try to “cherry pick” the best rare coins out of your collection and leave you holding the rest.
There’s also the auction fees, which can be outrageously high (anywhere from 13% to 22%, depending on the site).
Thankfully, American Rarities avoids all of these problems.