Top 5 Red Flags When Selling Rare Coins
Selling rare coins requires caution. Some buyers may offer quick cash but not fair value. Knowing what to avoid helps you protect your investment.
Here are five red flags to watch out for:
- No written offer – Always get the quote in writing with details of the coin’s value.
- Unwilling to explain pricing – A dealer who can’t explain how they reached a price may be hiding something.
- No grading knowledge – If they don’t mention grading or can’t identify key features, that’s a concern.
- Cash-only deals – This can be a tactic to avoid documentation or fair tracking.
- High-pressure tactics – You should never feel rushed or pushed into a sale.
Selling through a trustworthy rare coin dealer Cary sellers use regularly means fewer surprises and better outcomes.