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In this post, we will check out the 10 best places to sell coins online in 2023.
If you’re a coin collector or have inherited a collection of coins, you may be wondering about the best places to sell your coins online.
Fortunately, the digital age has made it easier than ever to connect with potential buyers and get fair prices for your valuable numismatic treasures.
Online platforms provide a convenient and accessible marketplace for buying and selling coins, allowing you to reach a global audience of enthusiasts, collectors, and investors.
In this article, we will explore the ten best places to sell coins online, taking into account factors such as user experience, reputation, security, and pricing.
Whether you have rare coins, bullion, or commemorative pieces, these platforms offer a range of options to help you find the right buyers and maximize your selling potential.
So, let’s dive into the world of online coin selling and discover the platforms that can help you turn your coins into cash.
10 Best Places To Sell Coins Online 2023
APMEX, also known as American Precious Metals Exchange, is widely recognized as one of the top places to sell coins online.
With its extensive experience and stellar reputation in the precious metals industry, APMEX offers a reliable and trustworthy platform for coin sellers to connect with potential buyers.
One of the key reasons why APMEX stands out as a premier destination for selling coins online is its vast customer base.
APMEX has established itself as a leading retailer of precious metals, attracting a wide range of buyers who are specifically interested in coins.
This large customer base increases the chances of finding the right buyer for your coins and getting a competitive price for your collection.
Moreover, APMEX boasts a user-friendly and intuitive website that makes it convenient for sellers to navigate through the selling process.
The platform provides a comprehensive and detailed listing process, allowing sellers to showcase their coins with high-quality images and accurate descriptions.
This ensures that potential buyers have a clear understanding of the coins they are considering, leading to increased trust and confidence in the transaction.
Another advantage of selling coins through APMEX is the assurance of fair pricing. APMEX employs a team of experts who carefully evaluate each coin and determine its value based on factors such as rarity, condition, and market demand.
This ensures that sellers receive a fair and competitive offer for their coins, reflecting their true worth in the market.
In addition to fair pricing, APMEX offers competitive commission rates, which means that sellers can maximize their profits when selling through the platform.
The transparent fee structure allows sellers to understand the costs involved and make informed decisions regarding their selling strategy.
Furthermore, APMEX prioritizes security and confidentiality, providing a safe environment for sellers to conduct their transactions.
The platform employs robust security measures to protect sensitive information and uses trusted payment methods to ensure a smooth and secure payment process.
Lastly, APMEX’s excellent customer service sets it apart from other online coin-selling platforms. The company has a dedicated support team that is readily available to assist sellers throughout the selling process.
Whether it’s answering inquiries, providing guidance on pricing, or facilitating the shipping and handling of coins, APMEX ensures a positive and satisfactory selling experience.
Overall, APMEX’s reputation, extensive customer base, user-friendly platform, fair pricing, competitive commission rates, security measures, and exceptional customer service make it one of the best online marketplaces for selling coins.
eBay is undeniably one of the best places to sell coins online, thanks to its vast user base and robust marketplace.
With millions of registered users actively buying and selling on the platform, eBay provides sellers with a vast audience of potential buyers.
This extensive reach increases the chances of finding interested collectors or enthusiasts who are willing to pay a fair price for your coins.
One of the key advantages of selling coins on eBay is the platform’s auction feature. Sellers can choose to list their coins for auction, allowing buyers to bid on the items.
This competitive bidding environment often leads to higher prices and can generate significant interest in rare or valuable coins.
Additionally, eBay offers various listing formats, including fixed-price listings, allowing sellers to choose the best option for their specific coins and selling goals.
Another compelling aspect of eBay is its buyer and seller protection policies. The platform provides safeguards for both parties, ensuring a secure and reliable transaction process.
Sellers can benefit from eBay’s seller protection program, which offers assistance in cases of fraudulent buyers or payment issues.
Moreover, eBay has implemented measures to verify the authenticity of high-value items, such as coins, giving buyers confidence in their purchases and providing sellers with credibility.
eBay’s user-friendly interface and powerful search capabilities also make it an attractive leading site to sell coins online.
Sellers can easily create detailed listings, including high-quality images and thorough descriptions of their coins. This level of information helps potential buyers make informed decisions and increases the likelihood of successful sales.
Additionally, eBay’s search functionality allows users to filter results based on specific coin attributes, such as year, denomination, mint mark, and condition, helping buyers find precisely what they’re looking for.
Furthermore, eBay provides sellers with tools to optimize their listings and increase visibility. Utilizing keywords, relevant categories, and item specifics can significantly enhance the visibility of your coins in search results.
By leveraging the power of eBay, sellers can reach a wide audience, maximize their chances of obtaining fair prices, and enjoy a secure and convenient selling experience. Ebay is number 2 in our list of 10 best places to sell coins online in 2023.
Coinforsale.com is a prominent online platform that has established itself as one of the top destinations for selling coins.
With its user-friendly interface, an extensive network of buyers, and comprehensive services, Coinforsale.com offers an exceptional selling experience for coin collectors and enthusiasts alike.
One of the key advantages of Coinforsale.com is its vast reach in the coin-collecting community. The platform has garnered a significant user base, consisting of both seasoned collectors and newcomers to the hobby.
This broad network of potential buyers ensures that your coins will receive maximum exposure, increasing the likelihood of a successful sale at a fair price.
Moreover, Coinforsale.com provides a seamless selling process that prioritizes user convenience. Creating a listing is straightforward, allowing you to showcase your coins with detailed descriptions and high-quality images.
The platform also offers tools to facilitate communication between buyers and sellers, ensuring a smooth transaction experience.
Coinforsale.com’s intuitive navigation and responsive customer support further contribute to its reputation as a top-notch online marketplace.
In addition to its user-friendly features, Coinforsale.com offers competitive pricing options that make it an attractive choice for sellers. The platform provides flexible listing fees and commission rates, allowing you to choose the most suitable option for your specific needs.
Whether you’re looking to sell a single rare coin or a diverse collection, Coinforsale.com ensures that you retain a significant portion of your earnings while still benefiting from its extensive market exposure.
Furthermore, Coinforsale.com maintains a strong emphasis on security and trust. The platform employs rigorous verification processes to ensure the legitimacy of its users, reducing the risk of fraudulent activities.
Whether you’re looking to part ways with a few coins or sell an extensive collection, Coinforsale.com provides a reliable and efficient platform to connect you with interested buyers and ensure a successful transaction.
4 Heritage Auctions
Heritage Auctions is a renowned specialty auction house that has a strong track record in selling coins. With their extensive experience in the field, choosing this option can potentially lead to successful coin sales. The platform offers two primary avenues for selling coins: outright sale or consignment.
If you opt for an outright sale, you will need to provide pictures of your coins, and Heritage Auctions will assess them to determine a price.
This straightforward approach allows for a quick sale, as you receive a price offer without the need for a lengthy auction process.
On the other hand, if you decide to consign your coins, you will ship them to Heritage Auctions for them to auction on your behalf.
By choosing this route, you entrust Heritage Auctions to secure the best possible price for your coins before you receive payment. While consignment offers the potential for higher returns, it also involves a longer process compared to outright sales.
When your coins are sold through Heritage Auctions, they will charge a 10% fee based on the final sale price. It is important to note that after the auction concludes, it typically takes 45 days for you to receive your settlement check.
This delay in receiving payment may not be ideal for individuals seeking quick cash from their coin sales.
In summary, Heritage Auctions provides both an outright sale option and a consignment route for selling coins. While the outright sale option offers a straightforward and faster process, the consignment option can potentially yield higher returns.
However, consigning your coins requires trust in Heritage Auctions to achieve the best price on your behalf, and you will have to wait for the auction to end and the settlement checks to be issued. Heritage Auctions is number 4 on our list of 10 best places to sell coins online in 2023.
5 JM Bullion
JM Bullion is undeniably one of the top contenders when it comes to selling coins online. With its stellar reputation and extensive experience in the precious metals industry, JM Bullion has carved a niche for itself as a trusted platform for buying and selling coins.
Their commitment to customer satisfaction, combined with their competitive prices and reliable service, makes them a preferred choice among coin enthusiasts and collectors alike.
One of the standout features of JM Bullion is its wide range of coins accepted for sale. Whether you have gold, silver, platinum, or palladium coins, you can be confident that JM Bullion will provide a platform to sell them.
Their comprehensive selection criteria ensure that only high-quality and authentic coins are listed, giving buyers the assurance that they are getting genuine products.
This attention to detail is a testament to JM Bullion’s commitment to maintaining the integrity of the coin’s market.
Another reason why JM Bullion stands out as a top-rated platform for selling coins online is their competitive pricing. They offer fair and transparent pricing based on the current market value of the coins, allowing sellers to receive a fair return on their investment.
The pricing is regularly updated to reflect market fluctuations, ensuring that sellers are not left at a disadvantage.
Furthermore, JM Bullion does not charge any hidden fees or commissions, which is a significant advantage for sellers looking to maximize their profits.
When it comes to customer service, JM Bullion excels in providing a seamless and efficient experience. Their website is user-friendly, making it easy for sellers to navigate and list their coins for sale.
Moreover, JM Bullion’s reputation for reliability and trustworthiness contributes to its standing as one of the best places to sell coins online. They have a proven track record of delivering on their promises, ensuring timely payments to sellers once their coins are sold.
This level of reliability is crucial in an industry where trust is paramount, and JM Bullion has earned the trust of countless sellers and buyers over the years.
Whether you are a seasoned collector or an individual looking to sell a few coins, JM Bullion offers a trusted and convenient avenue to turn your coins into cash.
6 Stacks and Bowers
Stacks & Bowers is recognized as America’s oldest coin auction house and is highly regarded among coin collectors. This reputable auction house offers a large pool of potential buyers, which works in favor of sellers.
Regardless of the type of coin you possess, you can choose to either sell directly to Stacks & Bowers or consign your item for auction.
If you opt for a direct sale, the process typically begins with a phone call or email to initiate the transaction. Depending on the circumstances, the company might send an appraiser to assess your coins in person at your home.
On the other hand, if you decide to consign your coins for auction, you may be eligible for a cash advance. This means you can receive a portion of the estimated auction proceeds upfront before the actual auction takes place.
However, it’s important to note that you will be required to pay interest on any advances you receive. This factor might discourage some individuals from choosing this option.
Stacks & Bowers has gained a reputation for achieving world-record prices in coin auctions. Nevertheless, it’s important to be aware that you will need to relinquish your coins before receiving payment.
Once the auction concludes and if your coin successfully sells, you can expect to receive your funds approximately 45 days after the auction’s closing date. Stacks and Bowers is number 6 in our list of 10 best places to sell coins online in 2023.
Coinappraiser.com is a website that offers a free coin value guide and provides assistance in determining the worth of your coins.
They also offer the option to sell your coins to them. The primary objective of the site is to help individuals understand the value of their coins by working with a coin expert.
If you choose to sell your coins through Coinappraiser.com, the process begins with a call, email, or text conversation where you can discuss the details of your coin and its potential value.
Based on this discussion, Coinappraiser.com may make you an offer for your coins. However, they are also willing to direct you to another buyer if they believe it would result in a higher profit for you.
It’s important to note that Coinappraiser.com acknowledges that they may not always be the best option for selling your coins. They are committed to helping you find an alternative that allows you to obtain the highest value for your coins.
When it comes to the transaction process, the website does not provide specific details on how payments are handled.
Therefore, it is advisable to proceed cautiously and inquire about payment methods and procedures before agreeing to any deals. Asking about payment handling will help ensure a transparent and secure transaction.
In summary, Coinappraiser.com offers a free coin value guide and the opportunity to sell your coins. While they aim to assist you in getting the most value for your coins, they may also suggest other buyers if it benefits you financially. However, it’s important to clarify the payment process before finalizing any agreements.
8 Great Collections
Great Collections offers a convenient option for sellers to auction their coins. When you choose to sell your coins through Great Collections, you will need to send your items to the company. Once they receive your coins, they will proceed to auction them off to potential buyers.
One of the advantages of selling through Great Collections is its extensive marketing strategy. They make sure that your coins are seen by a wide range of prospective buyers, increasing the chances of a successful sale.
When it comes to consignment, Great Collections does not impose a minimum amount. This means you can consign any number of coins, regardless of their total value.
However, it’s important to note that there is a fee structure in place. For coins and banknotes that sell for under $1,000, you will be required to pay a 5% fee. On the other hand, if your coins or banknotes sell for over $1,000, you won’t have to pay any fees.
While there are instant cash advances available in some cases, the usual practice is that you will receive payment after the item sells. This means you’ll need to wait until the auction concludes and a buyer is found before receiving your payment.
It’s essential to trust Great Collections with your coins, as you will be sending them without a guaranteed value. However, the company’s reputation and experience in the numismatic industry should provide you with some assurance.
Conducting thorough research and reading reviews from other sellers who have used their services can also help you make an informed decision. Great Collections is number 8 on our list of 10 best places to sell coins online in 2023.
9 Coin World Marketplace
Coin World provides a reliable and trusted platform for buyers and sellers of coins to come together in a centralized marketplace.
As a seller, you have the opportunity to create a listing for your coin, complete with a description and accompanying pictures. To list your coin, you are required to pay a listing fee.
The listing fee for private listing ads on Coin World is calculated at 2.50% of the list price. However, there are certain limits set to ensure fairness.
The minimum charge for the listing fee is $5, while the maximum charge is capped at $299. This ensures that the fee remains reasonable, regardless of the value of the coin being listed.
Fortunately, Coin World understands that selling a coin can sometimes take time. In case your coin doesn’t sell within a span of 12 months, Coin World offers reimbursement for the listing fee.
This reimbursement ensures that you don’t lose any money if your coin doesn’t find a buyer within the specified time frame.
To ensure secure transactions, Coin World employs an escrow service. This means that as a seller, you won’t receive the funds from the buyer until they have received possession of the coins they purchased.
The escrow service acts as a trusted intermediary, providing protection for both buyers and sellers during the transaction process.
Overall, Coin World offers a reputable marketplace where you can confidently list your coins for sale, knowing that you have the opportunity to reach interested buyers, reasonable listing fees, and the added security of an escrow service. Coin World is number 9 in our list of 10 best places to sell coins online in 2023.
10 Modern Coin Mart
Modern Coin Mart is a business model that operates similarly to a pawnshop for coins. Customers send in their coins to MCM, who then resells them for a profit.
While there are potential advantages to using this service, such as the convenience of not having to list the coins yourself and the likelihood of selling them, there are significant drawbacks to consider.
The most notable concern is the risk of sending all your coins to MCM before receiving payment. This business model requires a high level of trust on the part of the customer, as they have to relinquish their valuable coins without knowing how much they will be paid for them.
MCM determines the price after they receive the coins, which means you are essentially gambling on their ability to fairly and accurately evaluate the worth of your coins.
Furthermore, if the value of your coins is less than $3,000, MCM only offers payment via check, which adds additional waiting time before you can access your funds. This can be an inconvenience for customers who prefer quicker payment methods.
Another consideration is that MCM needs to resell your coins in order to make a profit. This means that the price they offer you may be lower than what you would like or what the market value suggests.
They have a vested interest in acquiring coins at a lower price to maximize their profit when reselling them.
In summary, while MCM offers the convenience of selling your coins without having to list them yourself, there are significant risks and potential downsides to consider.
Customers must trust MCM with their coins before receiving payment, face extended waiting times for lower-value sales, and accept the possibility of receiving a lower price than desired due to the business’s need to resell the coins for a profit. MCM is number 10 in our list of 10 best places to sell coins online in 2023.
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