Buying / Selling of coins and banknotes
We give you the possibility to buy new coins for your collection or sell old coins. It is very easy, you just have to follow the steps that we indicate and be registered on our website.
Do you want to sell coins to collectors?
If you are one of those who have found an old coin in the drawer or if you have a few in your coin collection, we give you the possibility to sell coins without any commission. Totally free of charge.
Some coins can have an interesting price, you just have to know them and get the right advice to know the price.
- Do you want to sell coins to collectors?
- What should I do if I have numismatic knowledge
- What should I do if I am a novice and have no numismatic knowledge?
- What is the value of my coins?
- How to sell on Foronum
- Do you want to buy coins?
- Collector coins
- Most wanted coins
๐ What should I do if I have numismatic knowledge
If you are in the numismatic world and you know perfectly well how is the market of the buying and selling you have it very easy. All you have to do is register on the website and access the "My Purchases/Sales" section of your control panel. That's it, you can start entering the coins you want to sell!
๐ What should I do if I am a novice and have no numismatic knowledge?
If you are new to the numismatic world, we recommend you to be cautious because, as everywhere, you can be scammed or cheated.
Here are a few tips before you start selling:
- Try to know the approximate value of what you are selling.
- Look for the coin in shops or at coin auctions and observe the prices.
- There are professionals who can help you. Try to find a numismatic shop near you to have the coin appraised. If you can, compare it with another numismatic shop.
- Be realistic: a high price will not attract buyers and if you set a low price you may lose money.
What is the value of my coins?
If you want to know the value of the coins you have, you must first have them appraised. Valuing coins is the process in which an expert based on their experience and knowledge of the market can give you the approximate value of the coin. Some coins can have very different prices depending on small details and there are factors such as conservation that must be taken into account.
If you are wondering how to know if a coin has value, the answer is to go to a professional numismatist. There are catalogues on the internet or in book format that have collected the prices of world coins, such as the World Coins Catalog, which are a basic reference for coin collectors when it comes to valuing a world coin. We recommend you to take a look at our world coins catalog.
Do you want to buy coins?
A numismatic collector can increase the coins in his collection in two ways.
The first is the most well known on Foronum and is the swap of coins between numismatic collectors, simply contact other collectors and make a proposal, you have tools in your control panel for this purpose.
The second, more obvious option is to buy coins from other numismatists. To do this we give you the possibility to search through all the coins and banknotes that collectors enter with the search engine below.
However, here are a few tips if you are starting to buy coins:
- Just as if you are selling, you should know the value of the coin you want to buy: compare in auctions and numismatic shops to get your bearings.
- Don't get obsessed with your purchases, don't be ambitious because there is no point in quickly building up a coin collection. You can easily waste money.
- All that glitters is not gold, nobody is going to sell you a coin at half its numismatic price. Remember that as in everything there are scams and counterfeits.
- Buy what you know, if not, get advice and an approximate valuation of the coins. Go to an expert.
- Beware of the state of conservation of coins. There is no well-defined agreement and you may be sold something that is overvalued because of its condition.
๐ Collector coins
Coin collectors classify their coin collections by country or type. Usually, collector coins are scarcer and more valuable. Therefore, before selling your coins, you can often consider starting your own collection.
The most valuable collector coins are gold coins, but some collections are created just for the pleasure of enjoying the pieces even if they have little value. The activity of sorting, organizing and preserving coins can be a healthy family hobby. On our website, you can find lots of tips and information.
๐ง Most wanted coins
The most sought-after coins may depend on supply and demand, without the need for them to be of great value. Nevertheless, numismatists look for valuable coins at low prices and these are always highly sought after.
Gold coins are the most prized because of their high material value, to which the numismatic value must be added. There are unique pieces. They are a safe investment if the price is good given the price of gold.
More common are the collections of silver coins, which are more affordable and are made of such an attractive material as silver, which does not make the coins lose value.
๐คฉ The most valuable coins in Spain and the World
The list of the world's most valuable coins changes every year as coin collectors pay more and more barbarities. At the country level, there are three countries with the highest concentration of collectors: Spain, Mexico and the United States. We would like to highlight the growing interest in selling Mexican coins, given that there are more and more collectors of Mexican coins. A separate case is the United States, where American coins are always the most sought after and most in demand due to the large number of collectors in this country.
- 1 dollar Flowing Hair 1794 โ 8,5 mill. โฌ
- 20 dollars 1933 (Faruq) โ 6,4 mill. โฌ
- 1 Dinar Gold Umayyad, 723 d. C. โ 5,1 mill. โฌ
- Doblรณn Brasher 1787 EB (Newlin-Davis) โ 3,8 mill. โฌ
Some peseta coins have a great value, but you have to know how to identify them and of course, keep them in optimum conditions. A detail such as the year of manufacture (star of the peseta) can change the price. Most wanted old Spanish coins (pesetas):
- 5 pesetas 1957*58
- 1 peseta 1966*67
- 1 peseta 1944
- 100 pesetas 1966*66
- 25 pesetas 1957*58
โ ๏ธ MANDATORY RULES FOR SELLING ON FORONUM
1 - NO prices with value 0 are allowed
2 - NO images of logos or brands are allowed if it is not of a specific product
3 - NO external advertising (SPAM) is allowed to Foronum
4 - The article must be correctly in the category
5 - Repeated articles are NOT allowed
6 - Any failure to comply with the above points is grounds for immediate removal of the article
7 - Foronum reserves the right to remove any article at any time