Real Coin Company, Auction, How to sell coins at auction in 7 simple steps, FAQs…

Real Coin Company: A coin is a small, flat, (usually, depending on the country or value) round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. Obverse and its opposite, reverse, refer to the two flat faces of coins and medals. In this usage, obverse means the front face of the object and reverse means the back face. The obverse of a coin is commonly called head because it often depicts the head of a prominent person, and the reverse tails. real east india company coins

In Hindi: Real Coin Company

Real Coin Company: एक सिक्का एक छोटा, सपाट, (आमतौर पर, देश या मूल्य के आधार पर) धातु या प्लास्टिक का गोल टुकड़ा होता है जो मुख्य रूप से विनिमय या कानूनी निविदा के माध्यम के रूप में उपयोग किया जाता है। व्यापार को सुविधाजनक बनाने के लिए उन्हें वजन में मानकीकृत किया जाता है और एक टकसाल में बड़ी मात्रा में उत्पादित किया जाता है। वे अक्सर सरकार द्वारा जारी किए जाते हैं। सिक्कों पर अक्सर चित्र, अंक या पाठ होते हैं। अग्रभाग और इसके विपरीत, उल्टा, सिक्कों और पदकों के दो सपाट चेहरों को संदर्भित करता है। इस प्रयोग में, अग्रभाग का अर्थ है वस्तु का अग्र भाग और उल्टा का अर्थ है पिछला चेहरा। एक सिक्के के अग्रभाग को आमतौर पर सिर कहा जाता है क्योंकि यह अक्सर एक प्रमुख व्यक्ति के सिर और पीछे की पूंछ को दर्शाता है।

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Selling your coins at auction makes sense

The main benefits of selling coins at auction are:

• A large international base of enthusiastic buyers
• Extensive advertising in numismatic magazines and promotion via social media and online.
• Combine live auction with internet and phone bids to achieve the best price.
• You’ll generally get a price which is closer to the coin’s ‘retail’ value.
• When bidders compete for coins – the price can quickly escalate.
• Coins can be placed into the most suitable ‘type’ of auction.
• No charges for insurance, lotting, valuation or transport.
• Reserves can be set to ensure they only sell for realistic values.
• Discreet and high-quality advice from experts coupled with competent valuations and descriptions.
• You don’t need to attend the sale – but are welcome to come and share in the excitement of the day.

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How to sell coins at auction – 7 simple steps

Contact a specialist auction house

Rather than rely on your nearest auction house, it’s a good idea to find one which specialises in coins because they’ll have a more detailed understanding of the numismatic market and a customer base which is likely to pay a premium.

Get an expert valuation

If you’re considering selling coins at auction, it’s important to be well advised at every step – but none more so than the valuation stage. Always get your items appraised by an experienced expert, who should be willing to advise you about their value (in writing) for free. At no point should you be under any obligation to sell.

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Decide whether to sell or not.

Once you’ve received a valuation, it’s time to decide whether to sell your coins or not. You may end up deciding that you want to keep your items. Take your time to decide and, whatever the outcome may be, don’t be swayed by the persuasive nature of a valuer, dealer or auctioneer.

Set a reserve

If you choose to proceed with a sale at auction, you’ll need to decide whether to place a ‘reserve’ on your items – the minimum amount you’re willing to accept.

Describe and market your coins

Although this is probably the most important part of the auction process, there’s no need to actually do it yourself – a specialist auction house will do it for you, using relevant numismatic terms to attract the highest possible interest.

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Enjoy the sale day

If decide to sell items in a coin auction, you’re obviously welcome to go along and enjoy the salesroom experience but you don’t have to attend if you don’t want to.

Get your money

Settlement is normally made 30 days after the date of sale and will reflect the hammer price less commission.

Don’t be afraid to seek professional help & advice

• Many collectors spend years, or decades, compiling a cherished coin collection.
• In most cases, they do so because of their love for the hobby and the enjoyment they get from researching coins – not because they view them as an investment.
• Should you need more information about an item’s potential value, How much are coins worth? the guide is a good place to start.
• Whether you’re a passionate collector or someone who has inherited a collection, there may come a time when you want to consider selling one or more of your coins. No matter how you acquired your collection, you need to be careful when you decide to sell – and always seek professional advice before doing so.
• Of course, there are many ways in which you can now do this – all of which are outlined in our comprehensive How to Sell Rare Coins guide. However, selling coins at auction remains one of the best ways – as it allows a seller to achieve a realisation which is close to the retail price.

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Which notes are in demand?

That is why people pay attention to every detail of this number. If you have this specific number 786 note, you can simply earn a billionaire while sitting at home in this situation. You can sell notes with these numbers like 5, 10, 20, 50, 100, 200, 500, and 2000 rupees by registering on the Oldcoinbazaar website. This does not necessitate any travel. You can easily sell this note from the comfort of your own home. Not only that, but you may also make good money from it.

Know how much you will earn?

These ancient notes can help you make a lot of money. On the Ebay website, there is an auction of such selected notes. You’ll be bidding your note here. Then you may start negotiating. The most significant aspect is that anyone can participate in this competition. You can also sell your unique series 786 note here for a nice amount in this circumstance. So far, bids for such a note have ranged from Rs 3 lakh to Rs 3 lakh.

FAQs on Real Coin Company

What information do we get from coins?

From coins, we learn about the rulers, their period, governance, religious ideas, personal details etc. Similarly, we also learn about the financial transactions and economic conditions prevailing at the time.

What do you call the design on a coin?

Incuse: Opposite of relief, the part of a coin’s design that is pressed into the surface. Ingot: Metal cast into a particular shape; used in making coins. Inscription: Words stamped on a coin or medal.

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What’s a coin collector called?

From these roots we also get numismatist, referring to a person who collects coins, medals, or paper money.

How do I know if a coin is valuable?

There are three primary variables that help determine the value of a coin.

• Initial Mintage Number. This refers to how many of the coins were originally minted and available in the market.
• Coin Grade. The better condition your coin is in, the more valuable it can be.
• Demand.

What if a coin has no mint mark?

Certain coins without mint marks are extremely valuable, but it’s essential to watch out for the coins that were altered or damaged by someone outside the mint. Here are several rare coins without mint marks that hold a much higher value than the original minted face value.