Indian Old coins

There are really three ways of selling this kind of thing. 1) To an individual collector 2) To a dealer 3) At auction (either online or offline) Of these, provided that you have an honest and fair valuation, the first is likely to be the most profitable but is also the hardest. Whether you sell at an online auction or at a real auction, there are always the auctioneer's fees to consider. Some auction houses will charge as much as 20% of the hammer price to both the buyer AND the seller, though the percentage will vary and is often lower (and there may be a valuation fee as well). The advantages of an auction house sale is that your items are bid for by a number of interested parties and that the auctioneer sees to it that the goods are as described and that the buyer will actually pay for the sale. A great deal of work and responsibility is involved and that is why the charges are as high as they are. Online auctions are generally cheaper for the seller because less work and responsibility is involved for the auctioneer: it is simply a matter of setting up and running a website to accept goods and register bids and of organising a payment system with some limited basic protection for both the buyer and the seller. In the case of eBay, for example, the responsibility of guaranteeing that the goods are as described and that they are safely delivered to the buyer rests almost entirely with the seller. If you sell to a dealer, the dealer will make allowance for the fact that he may have to keep the items in stock for a considerable time and that he, of course, must make a profit when he sells them. A reputable dealer will give you a fair valuation and price but you have to remember that he will generally pay you about 50% of what he is likely to sell at. If you know of a good and reputable dealer who specialises in the type of article you are selling, it is possible to receive about the same or a little more than you would actually get at auction, once the fees and taxes (if any) are taken into account. Finding a true and accurate valuation is often the hardest part of any deal. Most people will look at dealers catalogues or previous auction sales without realising that these represent what you would expect to BUY the item for. Very few people understand that, if you are selling something, the dealer's price or the average auction price is NOT what you would expect to receive (or even a very reliable indication of its value). Having been a dealer myself, I know from first hand experience how difficult it is to convince someone that the price he sees on an apparently identical article is NOT the price I could or would pay for it! When trying to sell your coins, therefore, research your prices carefully through past auction values AND dealers' catalogues. Remember that the most customers at auction are likely to be dealers themselves, so the price they are prepared to pay will be less than the prices you see in a catalogue (though they may be a little more than if you offered the coins to a dealer in a one-to-one deal). If you are VERY lucky, you may find a collector who might pay you something close to a dealer's catalogue price but collectors also bid at auction and will only (if they are sensible) pay just enough more to secure the item.

Hello iamjtsjl ! I am a Coin Collector, My area of interest is Historical One Rupee coins. From your discussion it is not clear about the coins. I think you should provide the following information about your coins so that any one interested can approach you. First thing is about the metal, if they are made up of Gold, silver or copper. Next thing is about the denomination. The year or the era during which these coins were circulated and the territories where these coins were valid at that time. The history about that era would attract the collectors. One more important thing is about the authentisity of these coins, have you got these coins verifies from any authentic source. Have you verified these coins in any official gazette or numesmatic organisation? Do you have recent catalogue where there is mention about these coins? If you have all these details then there are chances that you may fetch good price provided they are "Rare" and in V.Fine condition or in Mint condition. Since you are a coin collector you must be having idea about the condition of the coins! Well, Wish you all the best ...Please try to publish the photographs of the coins so that people will get idea about them ! Thanks !

You may have to find a website that caters to coin dealers. You can discuss this with them. They can probably give you some pointers as to where to go.