We have worked with hundreds of individuals to help them identify and realize the greatest value for their collections. All of our rare coin appraisals and purchase offers are made by principal & owner Dave Wnuck. You can find his qualifications here.
Dave Wnuck Numismatics is an established, appointment-only business. Meeting our clients one-on-one allows for complete privacy and discretion, as well as a lower cost than we can pass on to our clients.
Ultimately, the goal of most collectors and heirs is to sell the coins for the most money possible. But selling a coin collection can be an intimidating process. It is difficult to trust what you read on the Internet; the same could be said of local “coin experts”.
Many people get so overwhelmed by the idea of selling a coin & currency collection that they don’t do anything. The collection languishes for years in a closet or basement or attic. Here is a two-step guide that may help you.
This describes a group of coins that was put together primarily from buying from coin dealers or auctions. There were a goal and a purpose to the collection, and often serious time and money were spent to assemble it.
This a group of coins that was pulled from circulation (back when silver coins and other obsolete coin types were available in circulation. These accumulations were often augmented by trips to garage sales, flea markets, and antique shops where interesting looking coins were purchased.
These collections consist of proof sets, mint sets, modern commemorative coins, and the like. Often there is lots of packaging, and sometimes the sets are still in their mailing envelopes. These were generally assembled from the 1960s to date when the mints started cranking out such products by the millions each year.
Included in this category are coins purchased from “late-night TV shows” or from telemarketers. Often these items are long on fancy packaging and a bit short on current collector value.
The type of collection you have will likely determine the level of interest serious coin buyers will have in the collection. A purposeful, well-chosen collection of 20 to 50 truly rare collector coins will find many buyers, while accumulations and collections consisting primarily of proof and mint sets will likely find less enthusiastic or interested buyers.
Some credentials are easy to acquire. Pay your dues and you are a member of most coin collector organizations. But there is at least one credential that is very selective and difficult for coin buyers to get: membership in the Professional Numismatists Guild (PNG).
Because requirements are so onerous, expensive, and strict (see the details on this here, very few coin buyers qualify. There are only around 5 PNG members in the entire state of Connecticut.
Ask around. Look for testimonials from clients. Look for reviews posted online by verified clients [see such as these: – https://business.google.com/reviews/
Ask the folks at one of the many antique auction houses sprinkled throughout Connecticut. Ask your lawyer or local banker. These are all good sources.
We paid 1.5 million dollars at auction for this very coin in 2019.
Many coin buyers will want to buy just the “cream” of your collection, leaving you with the less desirable and harder to sell the remainder. At Dave Wnuck Numismatics, we buy it all, and for fair prices.
While we often buy a single rare coin or an entire coin collection, Dave Wnuck Numismatics may not always be the best firm to sell to. In a situation where he feels like there may be a better or more logical buyer, he can refer you to that person or another firm free of charge.
Dave Wnuck is here to answer all of your coin & currency questions. Dave is in the business of buying & selling coins because he has a passion for coins and the history they represent. Please allow us to share this knowledge with you.