Getting the best price possible for your silver or gold coins or collectibles takes a little work. If you’re not careful, unscrupulous buyers will take advantage of you and pay much less than your gold or silver is worth. Franklin Street Coin Company offers a few tips that will help you avoid common pitfalls. Since 1998, the company has offered cash for gold and silver and also buys and sells coins and provides coin appraisal services in the Cincinnati, OH area. Consider the following tips:

• Stay Away From Pop-Up Buyers: These buyers hold huge events in local hotel ballrooms or other venues. Although their ads claim they offer high prices for silver or gold, those claims are usually false. You can get usually get much more for your items when you sell them to a reputable gold buyer like Franklin Street Coin Company.

• Think Twice About Selling To An Online Company: Online companies offer a convenient way to sell your gold and silver. Many even offer free shipping as a way to entice you to send them your valuables for evaluation. If you don’t like the offer and want your valuables returned, the company may not be so generous. You might end up paying substantial shipping and handling fees just to get your items back.
• Learn The Measuring System: If you don’t understand how the measuring system works, you might not receive the full price for your items. The Troy ounce is used to weigh gold. Dealers may measure a Troy ounce by using grams or a system called pennyweights. Buyers can take advantage of sellers by using the pennyweight system to weigh the gold, but basing your payment on the gram weight.

Whether you want to buy or sell coins, gold and silver, or collectibles, Franklin Street Coin Company offers great rates and excellent customer service. Call them at (513) 554-0851, or visit their website to learn more about their services.