Exploring different venues where coins can be sold, including brick-and-mortar auction houses, online auction sites, and coin shows.
Numismatics: The study and collection of coins, currency, and other related items.
Coin grading: The process of determining the condition of a coin and assigning it a grade based on a standardized system.
Rarity: The relative scarcity of a coin or particular variety of a coin.
Authenticity: The verification of a coin's origin and legitimacy.
Provenance: The history of ownership and documentation of a coin's journey from minting to present-day ownership.
Auctions: The sale of coins through a bidding process that is open to the public.
Pricing: The value of a coin, based on its rarity, condition, and history.
Coin collecting communities: Connections to groups of collectors who share knowledge, information, and opportunities to buy and sell coins.
Consigning: The process of listing coins for auction through a professional auction house.
Research: Access to materials and resources that help collectors gain an understanding of coins and build knowledge.
Storage and display: The proper packaging, storage, and display of coins for preservation and presentation.
Trends and markets: Analysis of current and upcoming trends in coin collecting, specifically focusing on market demand and price fluctuations.
Sales tax: Understanding tax laws related to the selling of coins in your specific state.
Online resources: Access to online communities, research materials, auction houses, and sales platforms.
Numismatic associations: Connections to groups of collectors, dealers, and scholars who support and promote the study and collecting of coins.
Live auction: An in-person event where numismatic items are sold to the highest bidder.
Online auction: An online platform where numismatic items are sold to the highest bidder.
Mail bid auction: An auction where individuals submit written bids through the mail.
Floor auction: An auction where bidders physically stand in the room and bid on items.
Telephone auction: An auction where bidders call in to place their bids.
Sealed bid auction: An auction where bidders submit a sealed bid and the highest bidder wins.
Dutch auction: An auction where the seller starts at a high price and keeps lowering the price until a buyer is found.
Private sale: A sale where numismatic items are sold directly to a buyer without the use of an auction.
Fixed-price sale: A sale where items are sold for a fixed price.
Consignment auction: An auction where a third-party seller consigns their items to be sold by an auction house.
Internet only auction: An auction that takes place exclusively online.
Silent auction: An auction where bidders write down their bids on a piece of paper.
Charity auction: An auction where the proceeds are donated to a charitable cause.
Reverse auction: An auction where a buyer requests a product or service and suppliers provide bids to fulfill the request.
Estate sale: A sale where numismatic items are sold following the death of the owner.
Liquidation auction: An auction where businesses or individuals sell off assets to pay off debts.