Over the last few months, there have been traveling hotel buyers for coins in nearby areas.
Earlier, we highlighted cautions about these groups in our posts: Be Wary of Traveling Gold and Silver Buyers and Coin Shows versus Gold and Silver Buyers at a Hotel.
This week, the MyFoxAtlanta I-Team provided some insights into the traveling hotel buyers of gold, silver and collectible coins:
These traveling hotel buyers of coins, gold and silver are very different from our monthly coin show.
The only commonality is the coin show is held in a hotel.
Other than that, the coin show is nothing like the traveling hotel buyers of coins, gold and silver.
A coin show brings together many experienced coin dealers into one place. They bring a variety of coins, currency and bullion collectibles to sell. They also will buy coins, currency and bullion at the coin show.
And, if you do want to sell your collectibles, the coin dealers at the coin show offer the best price they can pay, because they are competing with all of the other dealers in the ballroom.
Competition for your collectibles is very healthy when you want to find the best price. Very much unlike the traveling hotel buyers of coins, gold and silver, a coin show provides that healthy competition with many different coin dealers all in one place.
If you are just considering selling your collectibles, the coin show’s coin dealers offer free verbal appraisals for your collectibles, too. The appraisal gives you an idea of what your valuables are worth in the current market.
Be aware, though, the market has changed rapidly in the recent weeks and months – both up and down. The free appraisals will give you a general idea to think about selling. If you choose not to sell, the future value could be higher, could be lower.
If you have coins, gold and silver to sell or are considering to sell, make sure you obtain several opinions of their worth from different reputable dealers before you decide to sell.
As the video shows, getting more than one opinion can make a big difference in how much you get paid.