On the flip side, not knowing how much a coin is worth can lead to overpricing as well, so if you run into this situation, find out if the pawn shop owner is willing to negotiate a deal. Because pawn shops accept so many items, coins may seem pretty worthless to the owner in the grand scheme of things. The owner or manager at the pawn shop probably doesn’t know much about coins and prices unless he or she is an expert or takes the time to do a lot of homework. While you’d never want to sell your coin collection to a pawn shop, they can be great places to find great deals on old coins. Check heavily trafficked areas in the yard, like walkways and sidewalks, where someone may have dropped coins out of their pockets while they walked. Be sure to check dark places that people often avoid, like under the stairs, the attic and old barns and sheds. You can offer to share your bounty if you find anything in exchange for a few hours playing around with a metal detector. Speaking of older homes, if you have a friend, relative or neighbor with an older home who doesn’t mind letting you snoop around, you may also find some coins hidden around the property. Check spaces like creeks, rivers and under bridges too - they once made great hideouts for thieves, and some people toss coins into water to make a wish. Old and abandoned churchyards are a great place to look, because many parishioners brought their coins for the collection plate at some point in time. You can also try local parks, beaches and abandoned buildings in your community as long as you aren’t trespassing.
You never know if the previous owner buried anything in the backyard or just dropped something at some point in time. Start in your own backyard, especially if you live in an older house. And if you own a metal detector, your chances of finding some outdoors are pretty good.
COIN FLIP NEAR ME FREE
What’s better than a good deal on a coin? A free coin, of course. Some dealers may even let you have these hidden gems because they don’t want to deal with coins at all. There may be a few old coins tucked away in containers, banks, pockets and other hidden spots that the antiques dealer overlooked when putting out the merchandise. Because many antique shops are cluttered and filled with old treasures, you may want to take some extra time to look in hidden nooks and crannies here too. Unless the person who owns or manages the shop is also a coin expert, he or she is likely to underprice any coins that are up for sale. If you’re not having any luck at the estate sales in your community, try your local antique shops. Check jacket pockets, jewelry boxes and other containers where someone may have hidden a few coins many years ago. But even if the owner of the estate wasn’t a collector, you may still run into some antique coins. If you happen upon a coin collection, you can usually negotiate a pretty good price. Coin collecting is a hobby that is popular with older people, and when that collector dies, his or her family may not know what the coins are worth and throw them out in the estate sale. The first place for old coin buyers to search for great deals should be local neighborhood estate sales.
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