Selling coins online can be somewhat of an overwhelming experience considering the large number of online coin dealers in the marketplace. Most coin dealers claim to pay the most, but do they really? How should you go about separating the wheat from the chaff, or more appropriately, the gold from the dross? We’ll help you to do so in the following article.

When evaluating online coin dealers, we first recommend that you confirm whether or not the dealer that you’re considering is affiliated with the Better Business Bureau. Furthermore, the online coin dealer’s standing with the BBB should be confirmed prior to selling coins online to the dealer that you’ve identified. Have they had many complaints filed against them? If so, have the complaints been successfully resolved? Also, what is the grade assessed to the online coin dealer by the Better Business Bureau? If not rated an „A“ or „A-,“ further due diligence should be performed prior to selecting the dealer that you’ve identified.

You’ll also want to confirm the length of time that the online coin dealer has been affiliated with the Better Business Bureau. A relatively short affiliation may not be sufficient to determine whether or not the coin dealer is reputable and honest in its dealings. While there’s nothing scientific about this length of time, we’re of the opinion that only online coin dealers that have an affiliation of at least a year should be considered. A year’s time should be sufficient to identify trends and establish a track record. If not outstanding complaints remain after a year and the coin dealer has posted a solid „A“ or „A-“ rating, they’re a firm that you should considering selling your coins online to.

Once you’ve determined if the online coin dealer you’re considering has passed the integrity test, the next step should be to obtain information from individuals that have previously done business with the coin shop. Does the online coin dealer have testimonials from prior customers posted on their website, or have individuals posted reviews on their social media sites or Google Places site? Word of mouth is extremely important, and you want to make sure that other individuals have had positive experiences when selling coins online to the coin buyer that you’ve identified.

While vetting the online coin dealers that you’re considering to determine if they meet your minimum requirements is important when you sell coins online, at the end of the day, your online coin dealer should be willing to pay you top dollar for your items. Our preference is that the online coin dealer post online their current coin buying rates. In our experience, online coin dealers who are willing to post their buying rates on their respective websites typically offer much more than coin dealers that keep this information hidden from the public. If not online, a representative of the online coin dealer should be willing to provide this information over the phone.

While not considered to be an exhaustive list, we hope that the information above will help you to avoid some of the pitfalls when selling coins online and to receive the most for your coins.

We recommend selling coins online to Atlanta Gold and Coin Buyers, one of the premier online coin dealers in the industry. They provide easy to follow directions on how to sell coins online.