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Where can I get my coin collection converted into notes?

Tags: coins coin
By Alan Chenkin, Amateur Coin collector and hobbyist

I believe you are asking, how can I sell my Coins for cash (if Bank Notes = Cash).
You have several options. I would recommend calling in a coin dealer to estimate the value of your coins. some may be valuable, some common, and some just worth their “Smelt”[1] value.
How to Sell Coins & Where to Sell Coins -Numismaster
Where to Sell Your Coins - Cointrackers
Sell Dad’s Coin Collection And Guarantee You Get The Right Price - Coin Week
Selling to a reputable dealer, collector, (or pawn shop) is the fasted route to liquidating your collection for cash. Keep in mind that these buyers are looking for values below market, to reduce their risk and make a profit on the eventual sale; you may be offered between 10 and 70% of the retail value of your coins.
If you have the time and ambition, you can use the internet for valuing your coins, and sell them on your own. Craigslist, EBay, and some of the popular coin sites (forums and for sale sections) are your best options.
There are even books on this topic:
Cash In Your Coins: Selling the Rare Coins You've Inherited: Beth Deisher: 9780794837921: Amazon.com: Books
What to do with Granddaddy's Coins: A Beginner's Guide to Identifying, Valuing and Selling Old Coins: Jeff Ambio: 9781933990248: Amazon.com: Books
Many public libraries have books on coins and periodicals on prices, that you can access for free.
I buy and sell coins on EBay and from individuals, at estate and yard sales. It’s a fun hobby for me, especially when both parties feel they got a good price! 
You will need to understand coin grading, as there are many valuations for coins based on condition (grade).  Circulated coins (pocket change) is not worth as much as graded and certified “Mint-State” coins.
Official ANA Grading Standards for United States Coins (Official American Numismatic Association Grading Standards for United States Coins)
Grading Coins By Photographs 2nd Edition
Best of luck - Please post a response and let us know how you fared!
Thank you for reading my blog!
Footnotes
[1] U.S. Silver Coin Melt Value Calculator
Edited from my original answer on Quora.




This post first appeared on Pocket Change Riches, please read the originial post: here

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