How To Sell Silver Coins in Bulk for Big Profits

March 8, 2012 · Posted in Business · Comment 

An increased number of savvy investors who specifically sell silver coins in bulk points to the success enjoyed by silver and other precious metals during the most trying of economic times. In fact investors who have up until ignored the security offered by precious metals are beginning to regret the decision to not have gotten involved sooner and are now jumping on the bandwagon. Investors who had taken advantage of lower prices about five years ago are now reaping tremendous benefits and equally boosted profits.

A few of the key benefits that can be attained if you sell silver coins in bulk have been listed here for your perusal.

1. The strength of the silver market creates one of the strongest reasons for ventures where one can sell silver coins in bulk. The silver coin market is heavily tied to the spot price for silver and with each change in spot price on a daily basis, investment opportunities open up for those willing to take advantage. In fact, the last 5 years or so have seen an impressive boom in silver ventures just as other forms of investment started weakening. These two factors make ventures to sell silver coins in bulk to silver coin dealers one of the most sound investment strategies in today’s markets.

2. The silver market also benefits from extremely high levels of liquidity allowing investors the option of selling to coin dealers whenever they need too. The very purchase and sale of silver coins is gaining popularity as we speak and makes for an ever increasing demand for such trade to take place. The main advantage for an investor with a sum of silver coins in possession is to wait for and detect upward changes in silver spot prices. Selling at the right time makes more sense and means you can build good profits literally overnight. The same cannot be said for the bonds markets and investments in real estate which tend to linger in tough economic times.

3. The investors who are making the most out of the strength of silver all have one thing in common, and that is they work in tandem with established coin dealerships in the country. Coin dealers offer extremely competitive prices and are renowned for their ability to turnaround deals with rapid succession. It is very possible to buy silver coins from a dealer and then sell them back to the same dealer for a profit. Here is a good example of how this can be done. Supposing you were to buy silver coins while the spot price was at $30 per ounce, you could effectively sell them back to the coin dealership form where you purchased them originally when the spot price rose to $32 per ounce. As often happens in this industry this could happen in a matter of days.

If you are looking to sell silver coins in bulk you should pay careful attention to the type of coins we are talking about here. These are fundamentally coins referred to as junk silver coins since they typically contain a silver content rating of between 40 and 90%. This is important to remember because you would not simply be able to trade more expensive silver coins on a bulk basis. Junk silver coins are often sold in bags that are marked with a specific face value, for instance, $100 bags or $500 bags. Each marked bag actually contains a fixed sum of coins of a particular type such as Kennedy half dollars, Morgan dollars, or Roosevelt dimes to name a few. Remember that it is the silver that is measured and weighted which ultimately determines the total price of a given bag.

Crucial to the goal of investors who sell silver coins in bulk is being able to take advantage of the subtle changes in the spot price of silver. This is a skill you should take the time to learn. This is not at all hard to do and merely involves keeping yourself informed of the spot price of silver on a daily basis. This is how expert coin sellers do it and involves the practice of buying when the prices dips slightly and then selling quickly to silver coin dealers when sharp rises occur. Reputable coin dealerships will help you learn this process even faster.

Looking to find the best deal when you sell silver coins in bulk, then visit Atlanta Gold and Coin Buyers website to find the best advice on identifying silver coin dealers.

Sell Silver Dollars for More By Following These Guidelines

January 10, 2012 · Posted in Business · Comment 

Anyone who has old silver dollars lying around and are looking for a quick way to make cash should look into whether they would want to sell silver dollars. With the general robustness of the coin market combined with the high spot price of silver, investments in silver are paying off substantial sums that could certainly help anyone in need. Likewise, those who have coin collections and are attempting to free up funds for other coins that might be of interest, can sell silver coin for top dollar to fund their collection.

When one decides to sell silver dollars, it’s important that you have an idea of the price that your coins will fetch from a coin dealer. This is dependent on many things, the most important of which is the type and condition of the coins that you have. Some coins are rarer than others and are equally in demand; hence, these coins will command higher selling prices. Conversely, more common coins might not sell for as high as numismatic or collectible coins, but with the high price of silver, these coins can still sell at extremely competitive prices. It cannot be overemphasized that when selling silver dollars, the seller should know a little bit about the history of the coins, as this is a contributing factor in arriving at the value of your coins.

Once you’ve research the value of your coins and have a general sense for what they may sell for, the next step is to find a silver coin dealer who will pay you a fair price for your coins, and who without prompting, will identify for you any key date or low mintage coins that you might have available in your coin collection. Consider the following guidelines when searching for a silver coin buyer:

1. We recommend that you obtain more than one quote, especially if your initial quote doesn’t appear to be fair or doesn’t take into consideration the collectible value of some of your silver dollars. Reputable silver coin dealers tend to pay the most for silver coins.

2. If you want to be able to sell silver dollars on a regular basis, you will need to partner with coin dealerships with a solid reputation. These companies value their relationship with their clients. You can ask for feedback from other coin sellers as to how a coin dealership is doing and this should be able to give you an idea of the soundness of the business that you are dealing with.

3. While not always the case, generally speaking, family owned and operated coin dealers tend to be your best choice, as they generally place a high value on establishing long term relationships and operating in an ethical manner. On the flip side, some of the fly-by-night “we buy gold” stores that have been popping up aren’t always known for operating in the most ethical manner.

As a last point on the topic, it’s generally not in your best interest to sell silver dollars through online auction sites. The reason is two-fold: typically speaking, the listing and final auction fees, or commissions that you pay, are typically cost prohibitive. Additionally, if you don’t know who you’re selling your coins to, you may run into some issues once the transaction is complete.

Not only do you have the option of selecting silver coin buyers in your general vicinity with which to do business, but more and more silver coin dealers this day are offering a “mail option” service for their customers. This allows individuals with the opportunity to sell silver dollars online without ever having to leave the comfort of your home. This is a great option for folks who live in more rural areas or that are unable to find local coin dealers that meet their criteria.

Want to find out more about how to sell silver dollars, then visit Atlanta Gold and Coin Buyers’ site on how to choose the best coin dealer when selling silver dollars.

How to Select the Best Buyers of Silver Coins

January 10, 2012 · Posted in Business · Comment 

The silver business promises exceptional ROI (return on investment) but you need to sell your coins to the right people in order to obtain a competitive price. There are two kinds of buyers of silver coins in the market: coin collectors and silver coin dealers. Each option has some pros and cons. In this article we will have a closer look at these options to find out which one is most suitable for your business.

Coin Dealerships. These are businesses that specialize in the buying, selling, and trading of coins of all shapes and sizes. When looking for buyers of silver coins of the “coin dealership” variety, it’s best to remember the following tips to ensure that you only deal with a reputable establishment.

One of the things that differentiate a subpar coin dealership from a good one is exception customer service. A professional coin dealer works on establishing a long-term relationship with each client. He, therefore, tries his best to keep his customers happy and satisfied. Usually the quality of customer service is determined by response time, politeness and, most importantly, the value of information provided. But when it comes to coin dealerships you need to consider some extra things:

1. Does this dealership offer free coin appraisals? If yes, then that means that the dealership is not after a quick buck but rather service and transparency when dealing with customers.

2. Dishonest silver coin dealers are known for pressuring their customers into making uninformed decisions. For instance they might attempt to force you to buy or sell coins at a particular price, even when there has been a change in the price of silver. Doing business with such people isn’t a very good idea. On the other hand honest buyers of silver coins provide a number of options to their clients. They are well aware of the fact that giving value to clients brings them back again and again.

While looking for silver coin buyers, experience and business values should also be taken very seriously. These two attributes are the defining characteristics of a good corporation. If a company is well experienced, there’s a high likelihood that they’ve been in business for a number of years. It also means that the company has survived through the ups and downs of an unpredictable economy. A coin dealership is unable to survive in today’s competitive business world if does not satisfy its customers.

The best buyers of silver coins will give you plenty of avenues to sell silver coins. You can drop in at any time of the day or send coins through the mail, get them appraised for free, and if bought, expect to receive partial reimbursement for your shipping fees. A good coin dealership is not afraid to reach out; rather, it is enthusiastic about sharing its knowledge with coin sellers.

Coin Collectors. As the name suggests, these are people who collect coins as a hobby. To add new and rare coins to their collections, these people are always on the lookout for coin dealers and independent sellers. In fact, collectors account for a good bit of the activity that takes place in the coin market. Unfortunately finding a coin collector isn’t very easy. Also, some collectors don’t purchase coins from anyone except their trusted dealers, and are only interested in buying coins that are missing from their collections.

At the end of the day, your best bet for buyers of silver coins is to approach a silver coin dealer. At competitive prices, reputable and impressive business practices, convenience and ease, not to mention the likelihood of a long business partnership, you can’t go wrong with a coin dealer that you’ve researched and that fits your criteria. So check out local coin dealers or find a silver coin buyer on the internet, one that offers to buy or sell coins online, and you’ll be well on your way to receiving top dollar when you sell silver coins.

Learn more about how to identify the best buyers of silver coins. Stop by Atlanta Gold and Coin Buyers’ site where you can find out all about how to select silver coin buyers and what they can do for you.

How To Receive The Best Prices When You Sell Junk Silver Coins

January 2, 2012 · Posted in Business · Comment 

It’s no secret that a great way to make some extra cash (especially around the holidays) is to sell junk silver coins. Silver is a premium commodity and even if you only sell a few junk silver coins, you’re still likely to profit. However, maximizing your profits can only be achieved if you understand the business and how the system works. Once you get to this point, making money will essentially be guaranteed when you sell junk silver coins.

Everyone has to start with the basics before reaching their full profit potential. This means that you need to know how the price of junk silver coins can be determined based on the spot price of silver. It’s the silver content in the coins that make junk silver coins anything but. For instance, most of the older U.S. minted coins were minted using 90% silver content. More recently, but still in the mid to late 60′s Kennedy half dollars were minted using 40% silver content. Naturally, the less silver in the coin, the lower the offer will be from a silver coin buyer.

Each junk silver coin has a well documented amount of silver content for each mint year. For example, American junk silver dollars typically have 0.715 troy ounces of silver while Morgan and Peace junk silver dollars have 0.7736 troy ounces of silver. This silver amount is then used to determine the sale value for the coins based on the spot price for silver. Of course, because the coins aren’t pure silver, many silver coin buyers will offer a slightly lower quote than the expected value but in all likelihood, the price would still be competitive enough to turn a profit.

When deciding to sell junk silver coins, it is important to pay attention to the types of coins as the silver content can vary between each coin type. Subsequently, those who sell junk silver coins should also pay attention to the rise and fall of silver price in the market. Lastly, it is important to determine whether you want to sell junk silver coins in bulk or individually, as different silver coin buyers prefer various forms of junk silver depending on their investment goals and those of their customers.

The price of junk silver coins is primarily determined by the spot price of silver, which is why it is important that you have a general idea of the price of silver before you make the decision to sell your junk silver coins in bulk. Other factors, such as the condition of the coins and the denomination of the coins that you’re selling, may also have an impact on the price that you’re quoted, but to a lesser extent than collectible coins, as silver coin dealers primarily purchase junk silver coins for the silver content as opposed to their appearance.

Even after doing all your homework and maintaining a close eye on the precious metals market, a deal can still turn sour if you don’t do business with an ethical and reputable coin dealer. Trust is the most important characteristic a silver coin buyer has to have in order to build a good reputation. Evaluate the silver coin dealer to make sure that they’re not only operating in an ethical manner, but to also verify that they’re paying you a competitive price when you sell junk silver coins. It’s far better to build an honest working relationship that will stand the test of time rather than be constantly shifting silver coin buyers. For instance, working with a family owned coin dealership is highly desirable because of their dedication and long-standing presence in the silver coin industry.

In summary, when you sell junk silver coins, it’s important to have a relatively good idea of the spot price of silver at the time, understand how that translates to the value of your coins, and only do business with highly reputable and honest silver coin dealers. Do your homework and study the trends. Even if you sell just once and liquidate your junk silver coins, it will be a good feeling to know that you’re received the best possible price by following these guidelines.

Looking to find the best deal when you sell junk silver coins, then visit www.atlantagoldandcoin.com to find the best advice on selling junk silver coins at the most competitive prices.

Options to Consider When Selecting Silver Coin Buyers

January 1, 2012 · Posted in Business · Comment 

You may be in the market to locate silver coin buyers to sell your silver coins, and you might be interested to know that there are a few options from which to choose. In summary, these options consist of coin dealers, coin collectors, and individuals that are interested in purchasing silver coins from auction sites. Which of these options provides you with the greatest opportunity for provide in the most expedient manner possible?

We’ll discuss each of these options in further detail in the following paragraphs and hope to shed some light on which options may be best for you when considering selling silver coins.

Coin Dealerships. These are commonly construed as the same or equivalent to coin collectors. The truth is, coin dealerships are distinct entities from coin collectors and operate on different premises. At its most basic, coin dealerships are businesses or companies that specialize in selling precious metals; most notably coins. You will find plenty of coin dealerships in most major cities around the country.

The primary benefit of silver coin dealers is that they are coin experts, and can shed some light on the type of coins that you’re interested in selling. They can help you to identify collectible and low mintage coins that sell at a premium to the precious metals content of the coins. Not only can they help to answer all of your questions, but many coin dealerships also pay extremely competitive prices for coins. Lastly, coin dealers provide an easily accessible and liquid market for selling silver coins, which is especially important if you don’t have the time to wait for some of the other silver coin buyers that we’ll discuss below.

Coin Collectors. The fundamental difference between coin collectors and coin dealerships is that the first is in it for the passion of collecting coins while the latter is operating under a business framework. The problem with coin collectors is that it’s difficult to locate them as they typically don’t advertise that they’re interested in purchasing silver coins from the public. Coin dealers have access to coin collectors and vice versa so the natural tendency is to approach the most visible silver coin dealers rather than spend time checking out who are the collectors.

3. Auctions. Auction sites also provide an opportunity for individuals to locate silver coin buyers, but this typically isn’t the best route to take for a few reasons. For one, there’s no guarantee that there will be much of a market for the silver coins that you’re selling. Secondly, auctions can take up to a week and a half to complete, and there’s no guarantee that you’ll immediately receive payment for your silver coins. Lastly, auction sites oftentimes have cost prohibitive listing and final auction fees.

For the reasons noted above, coin dealerships tend to offer the most advantages out of the silver coin buyers that we’ve discussed, as not only do coin dealers pay competitive prices, but they also offer the expertise that is needed, especially with rare or low mintage coins, and provide a ready and liquid market to sell your silver coins.

When it comes time to sell your coins, make sure that you weigh the pros and coins of the various silver coin buyers. Regardless of who you select, always do business with highly reputable companies or individuals that have a reputation for treating customers right and for paying competitive prices for silver coins.

Looking to find the best deal when researching silver coin buyers, then visit www.atlantagoldandcoin.com to find the best advice when selecting silver coin dealers.

Select the Best Silver Coin Dealers By Following These Guidelines

November 30, 2011 · Posted in Business · Comment 

You may happen to have a large lot of silver coins from a collection or an inheritance that you’re interested in selling to silver coin dealers. These are coin experts that possess the knowledge to help you receive competitive prices when you sell your silver coins. Not only that, but there are plenty of silver coin dealers in the coin industry, so it’s just a matter of identifying honest and reliable silver coin buyers so that you can establish a relationship for continued business; whether you’re interested in buying or selling silver coins.

There are several reasons why silver coin dealers are the best option when you sell silver coins; especially when you consider the alternatives. For instance, coin collectors, numismatists, or coin enthusiasts can make for a very good option; however, the challenge is trying to find a coin collector that’s interested in the specific silver coins that you have available for sale. This can make for quite a challenge, as individuals that collect coins as a hobby are usually only interested in purchasing particular coins. Not to mention, they rarely advertise which coins they’re interested in, and usually prefer to buy silver coins directly from a reputable coin dealer.

Another alternative is to sell your silver coins via online auction websites. When you choose this approach, you can specify a set amount at which you would like to sell your coins or you can begin the auction at a low initial bid and allow the market to determine the value of the coin. A positive in utilizing this approach is that you typically expand your potential customer base; however, there is also a downside to selling silver coins using an online auction site, such as eBay. For one, the listing and final auction fees can make this approach cost prohibitive. Secondly, you typically don’t know who you’re selling your coins to when you opt for this approach, which could pose issues if you sell to a less than honest silver coin buyer.

And then there are silver coin dealers. Silver coin dealers own coin dealerships that buy and sell all sorts of coins. They are connected to many other coin collectors and precious metal investors who buy and sell coins to them. Their unique position allows them to sell or buy coins quickly because of the network that they have established with other people interested in silver coin investments.

Another benefit in doing business with silver coin dealers is that you can talk directly with the owner of the business or a coin expert that works for the coin dealership, so you’re able to get all of your questions answers. Furthermore, you’re able to avoid the excessive fees associated with selling coins via online auctions, and don’t have to worry whether the silver coin buyer is interested in your silver coins, which may not be the case when dealing with coin collectors.

While there are plenty of silver coin dealers from which to choose, it’s important to know that not all silver coin buyers are created equally; therefore, it would be in your best interest to research the coin dealer that you’re considering. Look for coin dealers that have been in business for a while, as stability in the coin industry is a good sign. Also, consider family owned and operated companies, as these individuals are known for their dedication to customer service. They typically operate in a trustworthy and ethical manner, as their focus is on establishing long term relationships. Lastly, researching the silver coin dealers online that you’re considering can tell you a lot about the company’s reputation and standing with the Better Business Bureau.

Without a doubt, silver coin dealers present the best chance at profiting through the coin and precious metals market either through buying or selling coins. Talk to one in your area today or get in touch with a silver coin buyer in another location via email to begin benefitting from the purchase or sale of silver coins.

Looking to find the best deal from silver coin dealers, then visit www.atlantagoldandcoin.com to check out their current online buying rates so that you receive more from silver coin buyers.

Sell Franklin Mint Sets for More When You Follow These Guidelines

November 13, 2011 · Posted in Business · Comment 

If you’re like a number of folks, you may have got caught up in the craze of buying and collecting Franklin Mint sterling silver coins, medals, and ingots from the 1970′s, 1980′s, and 1990′s that you’re now interested in selling. Alternatively, you may have received Franklin Mint silver coin, medal, or ingot collections from an inheritance or an estate that are collecting dust that you would like to sell.

Alternatively, you may have received Franklin Mint collections from an estate or as an inheritance, as these sets were prevalent two to three decades ago. If you find yourself in one of these situations, or have received Franklin Mint sets in some other manner, we recommend that you read the following guidelines to receive the most when you sell your Franklin Mint set to a silver dealer.

Before we go into depth on some guidelines, it’s to your benefit to know that the price of silver has appreciated considerably over the past few years. In fact, the price of silver has increased by 300% since early 2009, making it an ideal time to sell your Franklin Mint silver medal, coin, or ingot collection.

Another fact you may not be aware of is that Franklin Mint sets were minted in fairly high quantities due to the relatively low price of silver when most of these sterling silver coin sets were produced. As such, there’s typically very little collectible value associated with these silver medals, ingots, and coins. Furthermore, it’s important to know that most Franklin Mint silver coin sets are composed of sterling silver (which consists of silver and copper) as opposed to pure fine silver, making them slightly less desirable than some of the silver coins that consist of .999 fine silver.

Now that you’ve established realistic expectations, the next step is trying to find a reputable local coin dealer or online coin dealer to whom you can sell your coins, bars, or medals online. When researching companies, make sure that you only consider “A” rated accredited members of the Better Business Bureau that have no outstanding complaints, and have been in business for a year or longer. This is a sufficient time period to establish a reputation in the industry.

Once you’ve checked the reputation of the silver coin buyer with the BBB, we recommend that you do a general search of the silver buyer online to determine what type of reviews they’ve had. Just because they’re in good standing with the Better Business Bureau doesn’t mean that their prior customers are happy with their experience. A pattern of negative reviews should raise a red flag.

If the silver coin dealer or online coin dealer has passed the muster to this point, we recommend that you do a general search of the coin dealer’s website to determine if they appear to be a customer-service focused or oriented company. The website should be clear, easy to navigate, and provide helpful information or educational resources to help you in your decision making process.

Once you’ve selected a silver coin buyer, be sure that you clearly understand the price that you’re being offered. When you sell your Franklin Mint collection, you should expect to receive a price per coin, medal, ingot or round as opposed to a price per gram or pennyweight, which can be extremely confusing – especially if you’re not accustomed to selling precious metals.

Lastly, if you decide to sell your Franklin Mint sterling silver collection to an online coin dealer, which is becoming more and more prevalent these days, the coin dealer should be willing to lock in a price for you so that you don’t run the risk of potentially receiving substantially less in the event the price of silver drops dramatically while in route to the silver coin buyer.

Hopefully you’ve found the above article helpful, and are now properly armed to receive the most when you decide to sell your Franklin Mint silver collection.

Looking to find the best deal when you sell Franklin Mint sets, then visit www.atlantagoldandcoin.com to find the best advice when yousell Franklin Mint collections.

Sell Silver Coins for Large Profits By Following This Advice

November 8, 2011 · Posted in Business · Comment 

Considering the state of the economy, many folks are looking to sell silver coins for profit and to make ends meet. The price of silver has performed remarkably well over the past few years, and is selling near all time record highs. You can receive more from silver coin dealers by following these easy to implement guidelines.

* While we’ve already mentioned that not all silver coin buyer are created equal, the same goes for silver coins. In particular, low mintage or rare U.S. silver coins tend to sell for quite a premium due to their collectible value. While the silver content of the coins certainly doesn’t hurt, the primary factors affecting the coin are its scarcity and condition. Not all coin buyers appreciate or are willing to pay a premium for key date coins, so it’s important that you have a good idea of the type of coin dealer you’re considering prior to selling silver coins.

* The strategy you employ when you sell silver coins, as mentioned above, tends to be driven by the type of coins that you’re interested in selling. Coin dealers that are numismatists or numismatic coin dealers, have a great sense of appreciation for rare coins, so before you sell your old, rare, and collectible coins, make sure that the coin dealer you’re contemplating conducting business with has an appreciation for numismatic coins and is willing to pay you accordingly. These coins, in general, are sold individually by the coin, as opposed to in bulk like other types of silver coins.

* Even if don’t have rare coins to sell, always remember that 90% silver dimes, quarters, and half dollars, also referred to as junk silver coins, are always in relatively high demand. Hence, it is not far-fetched that when you sell silver coins, that there will be silver coin dealers who will be willing to pay top dollar for the right types of junk silver coins. The message is to not easily dismiss junk silver coins in favor of rare mints; rather, to pay attention to each coin type so you can sell them at the best possible price.

* Quite possibly the most important determining factor with your success is to find a reputable silver coin dealer that is willing to work with you, educate you, and set your mind at ease when selling silver coins. Establishing relationships with your local coin dealer, or online coin dealer, as is the case with most aspects of business, greatly improves your chances of success. Do your research when identifying coin dealers, including their background, years in business, third party reviews, and standing with the Better Business Bureau. This is well worth your time and effort.

Considering that the silver coin industry is so vast with so many different options available, it can become overwhelming trying to determine the best course of action, but if you do your homework, research, and are particular with the type of coin dealer that you choose to do business with, you will improve your chances for success.

So the next time you decide to sell silver coins, make sure that you know exactly what types of coins sell best for which types of coin buyers. Obtain quotes and evaluate them so that you receive the best price for your silver coins. But most importantly, find a reliable business partner that you establish a long term relationship with, which will serve you well no matter the environment when you sell silver coins.

Want to find out more about the best way to sell silver coins, then visit Atlanta Gold and Coin Buyers’ site on to obtain valuable information on how to receive the most when selling silver coins.