| What Is An Estate Sale? | | | | condition. The experienced estate sale coin buyer |
| An estate sale is generally a liquidation of physical | | | | has a good idea what to pay for those coins. If |
| assets from a home. Usually this is done after a | | | | you happen to run into something you aren't sure |
| death in the family, but that is not the only way | | | | of, you can call a friend with a computer to do a |
| you can have an estate sale. If you are in | | | | little research for you on the spot. There's no |
| possession of a residence or piece of property | | | | need to "buy blind", as they say. |
| containing personal belongings, you can call an | | | | What To Watch Out For When Buying Coins At |
| estate sale. Some examples could be a divorce | | | | Local Estate Sales |
| where community property cannot be split or | | | | There are a few things to lookout for when |
| someone relocates to a new job and has to | | | | buying coins at a local estate sale. Here is a short |
| move light. Normally these sales are handled and | | | | list: |
| moderated by a liquidation firm. They handle all | | | | 1. Avoid "treasure chest" type offerings. Like in |
| the sales and business dealings. All you need to do | | | | eBay, some sellers will toss a few coins into a |
| is collect the proceeds at the end. | | | | box or bag and call it a "hidden treasure" or |
| Advantages Of Buying Collectible Coins At Local | | | | something along those lines. It doesn't take |
| Estate Sales | | | | anybody very much time to throw a bunch of |
| Like anything else, buying coins at a local estate | | | | worthless coins into a container and call them |
| sale can be advantageous. | | | | valuable. |
| 1. A lot of estate sales contain many years of | | | | 2. Any items that are described with large |
| collecting and hoarding by the owners. Thus, there | | | | adjectives are avoidable at all costs. Coin |
| can be some real treasures available if you know | | | | collectors usually don't speak with words like |
| what to look for. This is not always the case, but | | | | ginormous, giant or massive when talking about |
| people have acquired valuable coins in this manner. | | | | their coins. |
| 2. The good thing is that you will be able to | | | | 3. If the seller is offering a bonus for buying |
| purchase the item then and there and carry it | | | | certain coins, DON'T DO IT. It is more than likely |
| home with you. No waiting for shipping, the | | | | a piece of junk that the seller wants to dump on |
| associated costs of shipping or the danger of the | | | | the buyer. Remember that all sales are final at |
| item being lost or stolen in transit. Just about all | | | | estate sales, so once you pass cash, it's yours to |
| coins at estate sales are sold on a "cash 'n' carry" | | | | keep! Buy smart! |
| basis. You buy, you fly. | | | | More times than not, some precious or valuable |
| 3. A big advantage to buying coins at an estate | | | | coins can be found at local estate sales. Just be |
| sale is you are buying from another collector. So | | | | informed and ready to snatch up the treasures |
| the pieces in that collection will probably have | | | | you may find. |
| been well taken care of and quite possibly in mint | | | | |