Do’s and Don’ts When You Buy Collectable Coins
The thrill of the chase is only one part of the numismatic hobby, and now and then you will invariably buy collectable coins. It is key, however, that you do so with care and that you keep a few things in mind whether you are buying or selling if the coins are to retain their value and beauty.
Firstly, you should always avoid destructive authentication testing methods. Rare coins UK can be most effectively authenticated in a few ways. First of all, keep in mind that no mint ever produces two-headed or two-tailed coins: such examples are not rare errors, but fakes! Weighing and testing the density of coins, as well as checking mint marks and so on, is a reliable way to ensure you are buying the real thing. Do not use ring tests, bite, or cut coins to test validity, and never allow a vendor to do so to pieces you are selling as it could, at best, halve the value of your coins. The services of a professional grading company may be well worth the money they will charge when very valuable coins are being considered, but otherwise some good, thorough research will serve you well. You should also, where possible, endeavour to see the coins in person before you pay for them (this is standard advice for any long distance, high value purchase). Highly collectable coins will also often come with authentication certificates. If your research tells you that you should expect one of these, then do not purchase any coin without it, as the sale value will plummet. Very simple steps such as these will ensure you get the best from your coin purchases.
At Exclusive Coins, we carry out authentication tests of our own when new coins come into stock. However, if you have any questions whatsoever about a coin, please do email the team at firstname.lastname@example.org. You can find out all you need to know to buy collectable coins on our website, http://www.exclusivecoins.co.uk/.