Places to Sell Old Foreign Coins

Old foreign coins are the stuff of legend. Spanish doubloons and Portuguese moidores conjure up images of pirate ships and sunken treasure. Others bring to mind the secret riches of Indian maharajas or the deeds of emperors. Although few old foreign coins actually belonged to Captain Kidd or Julius Caesar, all are pieces of history. Of gold, silver or base metal, many are highly prized by coin dealers. Ever in demand, they are almost always worth more than their face value.

Identifying Old Foreign Coins

Determining Value and Best Sales Location

Current sales prices are determined largely by market demand and relative availability. Sheer age is not necessarily a factor. Many old Chinese coins, for example, were issued in such huge numbers that they are worth very little. Hoards of Ancient Roman coins are still dredged up from the bottoms of European rivers. But sometimes coins with relatively small issues are actually worth less than those issued in greater quantities. It all depends on the number of collectors searching for them.

Old foreign coins may be sold on almost any auction site. EBay and similar auction sites are an excellent place to sell uncleaned ancient coins and coin hoards. These coins are typically worth little and are considered curiosities. Fine examples of old foreign coins should be taken to a reputable dealer. Zoomcoin and Monaco Rare Coin offer consultations about potential coin value. Forex and other websites deal in both older foreign issues and bullion. When prices of gold and silver rise, even relatively recent foreign-issue gold and silver coins are worth far more than their nominal value.

References

• Value of Coins
• Investing in Rare Coins
• Guide to Uncleaned Ancient Coins