Collecting gold coins is an interesting hobby, and it can be a lucrative one as well. But, when it comes time to sell your accumulated coin collection, you want to get the highest possible price. Checking the fair market value for each coin in your collection is one of the best ways to profit from your coin collecting hobby.
Purchase a guidebook that lists current coin values. Be sure to choose a guidebook published within the last year--this will ensure you have the most up-to-date information, since the prices of collectible coins can change rapidly.
Check real-time selling prices of each gold coin in your collection by logging on to your eBay account. If you do not have an eBay account, you can set one up for free. Once the eBay account is active, you can check final selling prices by typing a description of the coin and clicking the "Completed listing" option.
Log on to the website of the American Numismatic Association at money.org. Use the site to search for coin dealers in your area.
Visit several coin dealers to get a quote on the gold coins in your collection. Sell your coins to the dealer offering the highest prices.
Based in Pennsylvania, Bonnie Conrad has been working as a professional freelance writer since 2003. Her work can be seen on Credit Factor, Constant Content and a number of other websites. Conrad also works full-time as a computer technician and loves to write about a number of technician topics. She studied computer technology and business administration at Harrisburg Area Community College.