If you’ve got a few valuable coins to sell—or an entire collection—a reputable pawn shop will be happy to offer a fair price. To ensure you get as much as possible for each piece, though, you should do a little legwork before heading to the shop. Here’s what all coin collectors should know about cashing out. 

Preparing the Collection 

It’s reasonable to assume that cleaning each coin will help it fetch a higher price. When it comes to rare, antique, and/or especially valuable coins, though, it’s best to leave them alone. Strong cleaners can dull a coin’s original coloration, while abrasive agents can actually remove tiny bits of metal, thereby damaging the top layer irreparably. Collectors prefer coins exactly as they were found, even if they happen to be covered in dirt and grime.

Therefore, the only step you really need to take before selling your coins is researching their value. Although the pawnbroker may consider factors you're unaware of when pricing each coin, it’s wise to go into the shop with a rough idea of what the collection may be worth. 

Finding the Right Shop 

Not all pawn shops are qualified to appraise incredibly rare coins. As such, you should call around until you find one that is—otherwise, there’s no way to be sure you’re getting a fair price for each piece. The experts on staff aren't the only thing you should consider before bringing your collection in, though. Make sure the shop also has a long history of satisfied customers and a good reputation in the community. 

When you’re ready for all those years of coin collecting to pay off, head to Gold & Silver Pawn in Hinesville, GA. For more than three decades, this locally owned and operated pawn shop has been appraising and pawning items for individuals throughout Liberty County. A third-generation, family-owned business, they're proud to offer competitive rates and long loan periods for coins, jewelry, electronics, and other valuables. To learn more about securing a cash loan with this honest pawn shop, visit their website or call (912) 876-6580.