it’s time to sell your coins you are faced with several
alternatives. You can bring them to a coin shop and ask the
owner what he will give you for them. You can consign them
to an auction and wait for the results, or you can ship them
to a rare coin dealer who will buy them from you directly.
Each alternative has its advantages and disadvantages depending
upon your circumstances.
Bringing them to the local coin shop is probably the fastest
way to liquidate your holdings; however, since the proprietor
in all likelihood will not have an immediate need for your
coins, he will give you a low price. Furthermore, since he
has high fixed expenses, he is not in the best position to
offer you a good price for your coins.
houses are a good alternative for some collectors but not
most. Sometimes you can do very well with an auction house,
but there are also problems. When you consign coins for auction,
the house often recommends a rather low minimum bid. After
all, they make money even if you don’t because they
charge a percentage of the hammer or selling price to both
buyer and seller. If anything happens to your coins prior
to the auction, for example if they are lost or stolen, you
will receive the minimum bid price. Sometimes the large auctions
have many similar lots. If yours is one of them, it can be
a disadvantage by comparison. Also because the auction house
wants your coins to sell, they encourage you to have your
raw coins certified and your certified coins recertified or
CAC stickered. While this process does not guarantee a higher
grade, it definitely yields more expense for the seller. The
seller’s fee is usually 5 percent of the selling price.
At the end when your holdings are finally sold, you receive
a check for the net amount of the sale. All of the auction
house’s expenses are deducted as well as any advance
they may have given you. While auctions may be good for liquidating
extreme rarities, they are not particularly helpful for the
average collector. In addition it is common to have to wait
for your payment for more than three months.
One of the truly good alternatives
is shipping your coins to a reliable, knowledgeable rare coin
dealer. He will make you a prompt offer in the form of a check,
usually within twenty-four hours of his receiving the shipment.
If you accept the offer, all you need do is cash the check.
If you reject the offer, just return the check and he will
return your coins.
Rare Coin Investments has bought and sold many millions of
dollars in rare coins over the years. The company has developed
a large, solid group of both dealer and non dealer customers
who represent a huge financial base in which to offer rare
coins. If you would like to liquidate your coins quickly and
fairly, ship them to Mr. Tom Pilitowski for a fast offer.
Before you ship your coins, send an email to us to confirm
our interest in what you wish to send. Your only expense will
be the shipping cost. We cover the insurance up to $25.000
per box. If your coins are worth more than that amount, you
must make more than one package. Please do not ask us to make
you sight unseen offers on your coins unless you have bought
them from us. Making you sight unseen offers would not be
in either of our best interests, therefore we will not make
them. In order to be covered by our insurance, you must follow
our shipping instructions.
WHAT ARE YOUR COINS WORTH?
Tom Pilitowski and US Rare Coin
Investments deal primarily in better date gold coins and silver
coins for collectors and investors, in uncommon condition.
While you may have coins that appear to be similar to the
images you see on our site, most often they are not.
Many of the coins we handle were specially made and were meant
to be preserved since the time of issue. The slightest imperfection
or hint of wear can knock a coin’s quality down by several
points. It is impossible for a non educated non collector
to understand what grading involves, and it is best that you
have a professional look at these coins.
PLEASE NOTE! WE DO NOT GIVE APPRAISALS OR
RENDER OPINIONS WITHOUT VIEWING THE COINS ON OUR PREMISES!
If you do feel you have coins of superior quality,
pieces that were passed down since they came from the Mint
(prior to 1954), or were assembled by a knowledgeable numismatist,
we'd be more than happy to help you evaluate them or we'd
love to buy them!
However, if you have "common
coins," it would be best to look up your local coin dealer
in the phone book and bring your coins to them, or you can
buy The Official Red Book to United States Coins 2012 (click
here). See the list below. While we will help you liquidate
larger holdings of these coins and generally offer better
prices than the local shop, we will need to have them in hand
before assigning any numismatists to handle them.
Package the coins in a sturdy
box and seal it with a non-reflective brown tape (the post
office will not accept shiny tape!) Bring the package to the
post office, and send your coins via registered mail. Remember
if we are to return coins to you, it is your responsibility
to pay for those costs. Include a list if possible, and do
not forget to include your address and contact information
so we can forward you a check.
Please Note:Sorry, but
we do NOT make sight-UNSEEN offers on any coins.
Additionally, it is not possible to
give fair quotes over the telephone sight unseen on
better coins. Therefore we do not make such quotes.
We can only provide answers about coins that are in
our possession. However, the prices that US Rare Coin
Investments will pay you for quality coins are among
the highest in the business, and payments in the form
of checks, trades, or bank wires can be made FAST.
US Rare Coin Investments also accepts consignments.
Ship your coins to us via Registered Mail or call
for details on how to ship to us utilizing our insurance.
You must follow the instructions for shipping in order
to be covered by our insurance.
details on how to ship your coins to us!
you have coins, US or foreign that you would like to sell, call
Tom Pilitowski now for a consultation. 1-800-624-1870
Tom Pilitowski U.S. Rare Coin Investments
P.O. Box 496607
Port Charlotte, Florida 33949 Toll Free: 1-800-624-1870