How to Sell Coins Online the Easy Way
Every day we sell coins through our online store and auctions. Great Southern Coins is well known as an online business that specializes in these types of sales, which requires decades of knowledge and expertise in Numismatics. One way that we manage inventory and maintain a great selection of rare coins is by purchasing items from individuals.
Online sales can seem stressful if you've never been through the process before, but Great Southern Coins makes it convenient, secure and hassle-free.
Discover How You Can Sell Online to Get the Best Offer for Your Rare Coins - Get Started With the Selling Process
How to Sell Online Without Your Own Website, eCommerce Business or Selling Platform
A lot goes into selling rare coins through an ecommerce store or auction site. We know because we've been doing it for decades! Plus, many personal sellers don't realize that the market value and even the purchase price isn't what they'll pocket. Between paying a listing fee, shipping and possible returns, there are a lot of expenses on top of the time it takes to list items and process the sale.
With Great Southern Coins you can sell online without having to go through those hassles. The process is much more simple, convenient and cost effective. It's an easy 3-step process:
- • Mail us your coins for purchase, and we can evaluate them in hand to make an offer.
- • Review the offer and make a final decision.
- • If we reach a deal price, we will mail you a company check. If you would prefer to have the coins back, we will pay for the return postage, although we don’t think you will need to worry about that once you see our offers!
Shipping Methods
Something that you'll need to figure out if you're selling online is how to ship orders. From deciding on the securest international shipping method to tracking packages en route, this can be a time-consuming part of selling rare coins yourself, and it will impact how much money you make on the sale.
Things that you have to consider include:
- • The shipping provider's reputation (we recommend USPS or FedEx for higher value collections)
- • The factors that affect the cost for shipping - weight, distance, speed of delivery.
- • Insurance coverage for the items.
- • Tracking shipments en route.
- • Packaging materials that protect the coins from damage during transit.
Another advantage of selling online to Great Southern Coins is that we can provide guidance and you only need to ship to one location one time. It's much easier than going it alone using multiple sales channels and making multiple shipments that reduce how much you make from selling your coins. If you have any questions at all during the process, please feel free to call our office Monday-Friday from 9-5 PM Centra: 1-888-409-8344
Valuing Rare Coins
This is the trickiest part for individual sellers and coin collectors outside of finding potential customers. It takes a deep understanding of not only coinage but also the target audience and market demand to set realistic prices. While some coins sell well on one e-commerce platform, like eBay, that same coin might under-perform on another platform. We have experience in most modern e-commerce sites, and know how and where to sell your coins to maximize prices realized, which allows us to offer the most for your coins!
To sell products online you have to also know how to measure the weight, purity and condition of the coin. This requires specialized tools and technology that most serious coin shops will have, but would be very costly for a collector to invest in.
At Great Southern Coins we are experts at valuing gold and silver coins, including extremely rare coins that aren't typically available on the market through a government mint. Over the years, we've sold hundreds of thousands of coins worth millions of dollars. You can trust that the appraisals we make are highly accurate and as competitive as possible.
Do You Have Fine Jewelry You Want to Sell?
We also appraise and purchase fine jewelry using the same simple selling process. Find out more about selling jewelry to Great Southern Coins.
How to Collect Sales Tax
Some people don't realize that when selling online you have to pay taxes on the money you make regardless of how you sell the item. The purchase could be through digital wallets, checks or even cash and you would still need to pay tax on the sale.
Find out why Great Southern Coins has a fantastic customer satisfaction rate with both buyers and sellers.
Give us a call at 888-409-8344 for more information on how to sell products or email us at info@greatsoutherncoins.com
Main office: 1100 N Main St. Suite 101 in Boerne, TX 78006
San Antonio location (appointments only, call before visiting): 110 E Houston St, San Antonio, TX 78205
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