Hobbies And Interests
Things You'll Need
Instructions
Rent a booth at a coin show if you have many silver coins to sell. The value of the coins should far exceed the cost of renting and setting up a booth since it is unlikely that you will sell all of your stock. The benefit of selling at a coin show is that all of the customers are already interested in coins.
Join your local coin collectors club and sell your silver to other collectors who are looking to complete their coin sets. This can be profitable if you have many uncirculated Morgan dollars, Barber dimes or other highly popular silver coins. Members also have the privilege of advertising on the club website, which would enable you to reach a larger audience.
Advertise on coin-themed websites, both those that cater to professional collectors and those that teach amateurs about coins they found in Grandma's closet. Some of the amateurs may become beginner collectors after reading the inspiring articles on the website and they may start with the more common and less expensive silver coins.
Sell your collection at large, popular flea markets that draw hundreds of people every weekend. Flea market booths are less expensive than coin show booths and you may build a regular clientele if you become a regular seller.
Advertise your silver coins in the local daily newspaper and in the free weekly magazine. Tens of millions of Americans, including many retirees, have no interest in computers. They depend on the newspaper classifieds to find what they need or want. Retirees are the wealthiest economic group in the country, so reach out to the coin collectors in this group.
Set up your own website at one of the places that offers free websites. Some of them, such as Weebly, share the Google Adsense revenue if you have an Adsense account. Arrange with Paypal to accept payments for the silver coins that you sell, and you can avoid the expense of setting up a shopping cart.