Where Do You Buy Your Coins?

Posted on July 5, 2011 by

Today you can buy coins pretty much anywhere.

You can turn on your t.v. at home and order coins from several coin selling channels. You can turn on the computer and buy coins 24 hours a day 7 days a week online on sites like EBay, where auctions are ending almost every minute.

You can buy coins from several major coin auction companies like Heritage, StacksBowers, Teletrade, Goldbergs etc.  You can buy coins directly from the U.S. Mint website. Through newspaper advertisements, telemarketers, at a coin show, from an electronic mailing list, a postal mailing list or at a coin club or even friends. You can buy coins from a coin shop, pawn shop and even some stores.

I personally buy most of my coins from most of the different sources mentioned above, but if I had to choose one major source it would be mostly from some of the major auctions.

 So, where do you buy your coins? (To answer, click on COMMENTS above this post). 

 1c tv

 

Filed Under: News

Comments (7)

 

  1. Tony S. says:

    I buy coins from multiple sources. Probably the first source would be eBay. I also purchase coins via the US Mint website and a recent way that I have bought coins is by looking at Craigslist on a regular basis and calling people to see what they have and to see if we can make a deal that is fair to both parties. I do need to get out and get around and checkout some local coins shops. By the way the stuff I buy from the US Mint I buy to get graded by the Best “TPG” in the world which is PCGS !!!

    P.S.
    “Have Fun With Your Coins”………….Some guy on the internet that does YouTube videos mentions this quite a bit.

  2. Amy Wright says:

    I get some of my coins through eBay, like silver bullion from a few dealers based out of Florida. For rare coins, I buy from US Secure Coins. I haven’t been brave enough to do Craigslist like Tony … too afraid of getting scammed!

  3. Hi Tony,

    I also buy a lot of coins on Ebay but recently have decreased my buying.

    As far as craiglist, I do use it to buy other things like an extra refrigirator for the garage etc. But never for coins. I’m to concerned about buying coins in person from someone I have never met. I do have some friends who make their transactions at a public place or at a bank under surveilance and are very comfortable with that. But I’m busy enough with Ebay, the Mint and other auctions, dealers etc. that so far, I can resist craigslist.

    Thanks for your comment.

    jaime

  4. Hi Amy,

    It seems that a lot of people still use Ebay despite some of the negative reviews some have given it. I do know that a lot of fresh coins that I have purcahsed in the past have been from Ebay and thats why I like the site. But like I mentioned in an earlier post, I still buy from several sources besides Ebay such as major auctions, dealers etc.

    And I agree, if you are concenred about doing business on Craigslist it’s not a bad idea to stay away from it.

    Thanks for commenting.

    jaime

  5. Denis Watson says:

    Two places I never purchase coins from are TV and EBay. Those on TV are so over priced it is a rip-off and I just don’t trust EBay. I prefer my modern coins from the US Mint and others from dealers at coin shows and the large advertisers listed in coin publications

  6. Hi Denis,

    I once bought coins from t.v. That was right before I really got started or about 12 years ago.

    Thanks for posting.

    jaime

  7. dan casey says:

    I prefer to purchase coins in person, from a dealer, coin show or pawn shops. But I purchase mostly from auctions, because a of the availability of specific coins that I am looking for.

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