Finding Value: A Guide to Buying Coins in Real Estate Sales

A ton of property sales contains many hidden treasures from years of landlord hoarding. If you are a coin collector, property sales are often a treasure trove of valuable old coin finds. Buying coins from real estate sales is great because unlike the internet, you can inspect the item closely and there are no time or shipping costs associated with it. You get instant satisfaction and the thrill of the hunt!

Another advantage of buying coins at a real estate sale is that the person you are buying from may have been a collector, so the coins could be in good or perfect condition. If you are unsure of the value of the coin, then you should take out your mobile phone or laptop or call a friend for a quick internet search. There are many catalog books that also provide the value of coins, so feel free to make that investment and take it with you. It is essential to be informed about what you are really buying.

When you’re looking for coins at local property sales, watch out for chests or boxes full of coins, because it’s not difficult to stuff a worthless load of change into a container to make them look more valuable. Many sellers will do this to mislead a person into believing that they might be buying something that has valuables hidden inside it when in fact there are none. If you see words in the ad that refer to a “coin collection” being offered, that’s what you want to do straight ahead. These personal compilations are usually extensive, curated, and well cared for. If you can buy from someone who has a passion for collecting and is a hobby, then you are better off.

Another thing to watch out for are sellers who offer a bonus for buying coins. The coins are usually of little or no value and the seller is just looking for someone to take them out of their hands. Keep in mind that once you buy items at a real estate sale there are no returns, so you will need to be especially careful with this. If you can’t research the coins or don’t know exactly what to look for, then it’s better not to spread out the hard-earned lump rather than blindly buying something and spending your loot. Therefore, always try to collect as much information about the coins as possible before making your purchase.

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