where can i sell old coins in south africa

Selling Old Coins in South Africa: A Comprehensive Guide

If you have a collection of old coins and you’re looking to sell them in South Africa, you’ve come to the right place. Whether you inherited them or stumbled upon them as a hobby, selling old coins can be a profitable venture. In this guide, we will explore the various options available to sell your old coins and provide you with valuable information to maximize your profits.

Sell Online

One of the easiest and most convenient ways to sell your old coins is through online platforms. Numerous websites and marketplaces cater to collectors and enthusiasts, offering a wide range of coins for sale. Some popular online platforms in South Africa include:

1. Bid or Buy

where can i sell old coins in south africa

Bid or Buy is a well-established South African online marketplace where you can sell your old coins. It offers a user-friendly platform and attracts a large number of potential buyers. List your coins with detailed descriptions and high-quality images to attract more buyers and increase your chances of selling at a good price.

2. Gumtree

Gumtree is another popular online platform where you can sell your old coins in South Africa. It allows you to create your listings for free and reach a wide audience of potential buyers. Be sure to include accurate descriptions and clear photographs to enhance the visibility of your listings.

Visit Local Coin Dealers

If you prefer a more direct approach, you can visit local coin dealers in your area. They have expertise in appraising and buying old coins, ensuring you receive a fair price for your collection. Look for reputable coin dealers who have been in the business for a long time and have positive customer reviews. Here are a few well-known coin dealers in South Africa:

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1. The South African Gold Coin Exchange

The South African Gold Coin Exchange, also known as SAGCE, has a reputable presence in the industry and is known for its fair evaluations and reliable service. They have multiple branches across the country, making it convenient to find a branch near you.

2. The Coin Company

With over 20 years of experience, The Coin Company specializes in rare and collectible coins. They buy and sell a wide variety of coins, offering fair prices based on market values. Visit their showroom or contact them to discuss selling your old coins.

Attend Coin Shows

Coin shows are a fantastic opportunity to connect with coin collectors, enthusiasts, and dealers. These events attract a wide range of attendees interested in buying and selling old coins. Coin shows often have buying tables where you can showcase your collection to potential buyers. Here are a few popular coin shows in South Africa:

1. The South African Coin Fair

The South African Coin Fair is an annual event held in Johannesburg. It brings together collectors, dealers, and numismatists from across the country. You can rent a table and display your coins for interested buyers to explore.

2. Cape Town Coin Show

The Cape Town Coin Show is another noteworthy event that takes place annually in Cape Town. It offers a great opportunity to meet like-minded individuals and sell your old coins to interested buyers.

Consider Auctions

Auctions can be an excellent way to sell your old coins, especially if you have rare or valuable pieces in your collection. Auction houses attract knowledgeable collectors who are willing to pay top dollar for unique coins. Research reputable auction houses in South Africa, such as Stephan Welz & Co or Strauss & Co, that specialize in numismatic auctions.

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Conclusion

Selling old coins in South Africa can be an exciting and lucrative endeavor. Whether you choose to sell online, visit local coin dealers, attend coin shows, or explore auctions, it’s important to do thorough research, accurately describe your coins, and provide clear photographs to attract potential buyers. By utilizing the various selling options available to you, you can maximize your chances of selling your old coins at a good price and finding a new home for your precious collectibles.

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