Online coin auction. Sell collectible coins at auction
Sooner or later, every numismatist faces the question of where and how it is more profitable to sell or buy a coin. Of course, the easiest way is to go to the market, to the numismatic store or to the places where collectors gather. But this was true 20 years ago - today auctions are leading, including those held on the Internet.
Of course, in this case (as in any other) there may be a risk of buying a fake, so we conducted a study and prepared a review of the most famous and reputable auctions.
Coin store "IMPERIAL"
It all started in 2001, when the first full-fledged printed catalog of coins with prices appeared, released by the Konros publishing house. At the same time, the auction house was going to start developing its own Internet site, but at first it remained not particularly visited for a long time. At that time, the first large Russian Internet trading platform molotok.ru (now closed) ruled the Internet. Finally, by the end of 2002, after a series of weekly online auctions, https://auction.conros.ru/ became a truly sought-after and popular resource among numismatists.
Today, all coins offered by Konros as lots, and after the sale, go to the new owner with a guarantee of authenticity from the trading house. Today, this Internet resource gathers about 2500-3000 unique Internet users every day, which indicates its relevance and popularity.
To participate in the auction, you need to register, indicating the exact postal address with an index and a contact phone number, after checking the data, you will be given the opportunity to bid on the current auction. The commission from the buyer is 10-15% of the price of the lot at the end of the auction, the seller is charged 15% of the sale price of the lot. In addition to weekly Internet auctions, Konros also conducts monthly and semi-annual (the latter are held in St. Petersburg) auctions.
Auction «Wolmar»
It offers 2 types of auctions: VIP - for investment, rare, collectible coins, as well as awards and medals (the cost of the lot is over 1000 rubles). For inexpensive coins of different countries and periods, Standard auctions are organized. In both cases both the seller and the buyer are charged a commission of 10%. You can also sell antiques here - separate auctions are organized for this.
Auction "Efimok"
Volmar's main rival is also operating since 2006.
He held more than 180 auctions, to participate in the auction you need to be over 18 years old and pre-register on the website www.efimok.ru, be sure to indicate a contact phone number and postal address. The final price of the lot includes the cost, commission (10%) and postage.
Auction "Hermes"
Working on the Internet since 2010 and very well established among numismatists.
Auction "Numismatist"
Internet project www.numismat.ru also holds auctions for more than 90 times.
Here they accept materials for bidding 2.5 months before they are held, after which a very high-quality color catalog of lots is prepared. The commission is 15% of the total cost of the lot reached as a result of the auction. You can also sell medals here.
Auction «NumizRus»
The price of the lot includes the maximum bid, commission (10%) and shipping costs. You can pay and pick up the won lot at the Moscow office. Delivery is only available within Russian Federation. Lots are sent to the buyer after 100% prepayment, and the costs of transferring money for the purchased lots are borne by the buyer.
Auction «RusNumismat»
Also, auctions, and not only on the Internet, are held by LLC " Russian Numismatic House» (www.rusnumismat.ru) - not only coins, desktop medals and banknotes are put up for sale, but also awards, antiques and old and rare books.
More than 40 auctions have already been held, to participate in which you need to go through free registration and pay a commission fee based on the results of the auction - it is 5-10 percent and is charged from both the buyer and the seller.
Good old "Molotok" (now closed)
A popular trading platform that also exhibits collectibles (coins, medals, bonds) is molotok.ru.
This is one of the very first and largest online trading platforms, which began its activities back in 2000. However, despite the huge popularity, here the risk of running into a fake is higher than that of highly specialized sites.
Other auctions
In addition, it is worth mentioning that many large Internet resources for numismatists, in addition to those indicated, also have their own shops and coin auctions - these are Russian Coin, the newspaper Treasure Detector and Gold Miner, and others.
Among the “live” (outside the Internet) auctions from the house “Alexander”, the company “Coins and Medals”, the company “Gelos” can be noted - they are held both in Russia (the first two) and in Europe (“Gelos”).
The most famous in the USA are Dmitry Markov's auctions("Markov"), held annually in early January - it is here that the prices for Russian coins for the whole year are determined. By the way, they usually coincide with one of the main events in the world of numismatics - the International Numismatic Show, held in New York.
Today, unlike in the 80s or 90s of the last century, buying or selling a coin is not a problem. Abroad, almost every numismatic store has its own auction, and today Russian portals have picked up this trend, which indicates the active development of the coin business in the country. If you want to sell coins yourself, then watch the video tutorial on how to do it.
One way to profitably sell a coin is to put it up for auction. There are many numismatist auctions on the Internet where you can sell antique, royal, Soviet, modern Ukrainian or Russian coins.
Before putting up a coin for sale, read the rules of the auction, the requirements for lots, the procedure for bidding, payment and delivery. Below are the main points that you need to pay attention to.
Registration
Only registered users can participate in the auction, so create your account on the coin auction. Most often, you need to specify a number mobile phone and real first and last name. The administrator can call back on the phone to check the specified data.
Adding a lot
Adding a lot is possible in the relevant sections (coins of Ukraine, Russia, USSR, old royal coins, etc.). In most cases, special fields are filled in: title, description, photo, rate, minimum step.
The title should be informative, concise, for example "5 kopecks 1945, good condition."
In the description, tell in as much detail as possible about the condition of the coin, the existing defects, whether it was in the ground, whether cleaning was used and what kind. It is forbidden to submit false or incomplete information.
Be sure to indicate the location of the coin, because if it is very rare and expensive, the buyer will want to inspect it in person and buy it at a meeting.
Photos must be good quality with sufficient resolution (1200 ppi) to be able to see fine details. If the photo is blurry or indistinct, the moderator will not miss the announcement. Choose a light background, it is forbidden to photograph a coin in the palm of your hand.
It is forbidden to use photo editors and process coins in them, change color, draw defects.
An important rule: you can not take photos from the Internet, post an image of only your coins.
Rate setting
The seller independently sets the minimum bid. It must be adequate, lots with highly inflated rates do not pass moderation. It is better to clarify the approximate cost of the coin in advance on the numismatist forums.
Be sure to indicate the beginning and end of the auction. The minimum step indicates the minimum amount buyers can raise their bid by. If the buyer offers a "starting price" and no one beats his bid, then you are obliged to sell the coin at this price.
There is also such a function as "Buy Now" - this is a fixed price that the seller indicates. The buyer can immediately buy a coin, at a specified price, without bidding.
It is forbidden on the forums to change rates during the auction or refuse to sell the coin after the end of the auction.
Payment
After the end of the auction, within the specified time, the buyer and the seller agree on a convenient method of payment, usually a transfer to a bank card. If the seller is new and does not have a good reputation on the forum, the buyer can ask for payment after receiving the package.
In case of disagreement on payment, fraud, you must contact the site administrator, who will help resolve the situation.
Auction commission
For putting coins up for auction, the seller is charged a commission, it can be from 1 to 10%, depending on the final cost of the lot. Also, the commission can be taken from the buyer. All fees are paid by replenishing the balance in your account.
Delivery
Delivery of coins is carried out at the expense of the seller, he must offer several options and indicate the cost. If the coin is sent by mail, you must pack it properly. It is important to know that in some ways it is forbidden to send coins.
Sending must be made within the time specified in the rules.
controversial issues
In case of non-purchase of the coin, it is re-listed for auction. Other controversial issues may also arise, it is better to resolve them with the auction administrator. Violators of the rules will be banned and not allowed to take part in the auction in the future.
There are a lot of numismatic auctions on the Internet and the scheme of their work may differ. For example, there are auctions that independently deal with placing lots, accepting payments and delivering. The seller only needs to bring a coin to the office and pay a commission.
At auctions, it is forbidden to sell Chinese handicrafts of coins or pass off fakes as the original.
It is profitable to sell coins today, using all the advantages of the Internet. Unlike traditional ways of realizing valuable cash coins, the world wide web allows you to do all the work without dubious dealers, unscrupulous buyers and other possible risks. The largest domestic auction of coins "Volmar" offers all interested parties the best conditions for the purchase and sale of coins of modern and ancient Russia.
As a rule, implement numismatic valuable coin via the Internet can be somewhat more expensive than its real catalog price. For each supplier, the benefits of participating in our auctions are a clear time saving, fast and guaranteed sale of the item. Coin collectors, in turn, prefer to use our services because we only auction coins that have passed rigorous authentication.
Where and where can I sell collectible coins?
With our help, you can sell coins of historical significance and collectible value. All that is required is to follow the established rules. We are ready to provide maximum convenience when participating in the auction and a guarantee of security, in turn, the deliverer undertakes to pay a commission to the organizers of the auction in a small amount - 5-10% of the sale price.
Thousands of wealthy collectors who wish to purchase your rarity have access to our auction. Before a coin is put up for auction, it is evaluated by qualified experts, the degree of integrity and safety of its appearance is revealed.
Main:
Commission from buyers 7% of the hammer price, but not less than 100 rubles.
The term of payment for the won lots is 5 days.
1. General Provisions.
1.1 The procedure for organizing and conducting the Hermes Auction Internet auction, hereinafter referred to as the auction, is determined only by these rules, in accordance with the current legislation of the Russian Federation.
1.2 The purpose of the auction is to provide intermediary services for buyers and sellers in the implementation of purchase and sale transactions.
2. Determination of auction participants.
2.1. Buyer.
The buyer at the auction can be any legal and natural capable persons.
The buyer becomes a person who has registered on the site by filling out a special electronic form and authorized by the auction administrator. Participation in the auction means for the participant full and unconditional acceptance of these Rules.
Registration data is confidential and can only be accessed by the auction administration and the participant himself. The password specified during registration can be changed at any time only by the auction participant. The login can be changed while the user is not participating in the auction, other credentials can be changed by the user through a request sent to the site administrator.
The buyer can place bids in the current auction immediately after registration, if more than 1 day remains before its closing. In the absence of authorization confirmation account the buyer by the administrator of the auction bid will be cancelled.
The limit for participation in the auction of newly registered users is limited to 200,000 rubles. If the participant wishes to increase the limit, it is necessary to contact the administration of the auction.
The buyer's authorization confirmation is sent by the auction administrator to the buyer's e-mail address specified during registration within 24 hours from the moment of registration. The authorization process consists in the confirmation by the administrator of the physical existence of the buyer and the compliance of the data declared during registration, by telephone.
The site administration may refuse to confirm registration without giving reasons. In case of refusal to register, the bets made will be cancelled.
Anonymous registration is possible for the buyer, in which it is enough to specify a login, password and e-mail address. In this case, the buyer, who has gone through the anonymous registration process, is required to make a deposit of 15% of the bid amount in order to participate in the auction.
Also, the administration of the auction, at its discretion and without giving reasons, may not allow any registered buyer to participate in the auction.
2.2. Salesman.
Auction participants as a seller can be any legal and natural capable persons. When accepting items for auction, a contract is concluded with the seller, which indicates the starting price of the item in rubles and the auction commission.
In the absence of high stakes, the item can be sold at the starting price. The auction does not accept reserves in excess of the price specified in the contract. The auction administration reserves the right to withdraw any lot from sale without explanation.
The seller does not have the right to withdraw an item from the auction when the item is up for auction.
The auction makes settlements with the seller for the sold item after the purchase of lots by buyers, but no later than 30 days after the end of the auction. Payment for the goods sold at the auction is made by bank transfer to the account of the seller. Items not sold at the auction may be sold at the starting price after the end of the auction. Lots not paid by the buyer are not redeemed by the auction and are returned to the seller without charging a commission fee.
3. The order of the auction.
3.1. The dates of the next auction are indicated in the special section of the site "SCHEDULE OF AUCTIONS" in Moscow time.
3.2. Bidding at the HERMES auction takes place in the On-Line mode (Live bidding), according to the principle of face-to-face auctions.
3.3. The participant with the highest bid wins the auction.
3.4. Viewing the lots put up for auction is possible from the moment the current auction begins, both in electronic form on the auction website, and personally by the buyer at the address Moscow, st. Arbat, 38/1, building 2. The buyer has the opportunity to bid from the start of the auction indicated on the site.
3.5. The time indicated as the end of the auction is the time when the first lot of the current auction begins to close. Bidding on a lot is considered completed if within 11 seconds none of the buyers has made bids on this lot. If the bid is made, the end of the auction for this lot is extended by 11 seconds after the last bid. If within 11 seconds, after the last bid, the auction participants did not make new bids, the auction for the lot is closed and the lot is considered sold to the participant who made the last, maximum bid. After the end of the auction for the first lot, the closing of the auction for the next lot begins, and so on until the end of the entire auction. The auction administration is not responsible for possible problems with communication and Internet signal delays, therefore it does not recommend buyers to bid at the last second before the auction closes on the lot.
3.6. The participant can set any price equal to or higher than the starting price. The participant can make the next bet not lower than the corresponding step according to the table below.
Minimum steps to increase the lot price:
from 1 to 5,000 rubles: 100 rubles,
from 5,000 to 25,000 rubles: 250 rubles,
from 25,000 to 50,000 rubles: 500 rubles,
from 50,000 to 100,000 rubles: 1,000 rubles,
from 100.000 to 250.000 rubles: 2.500 rubles,
from 250.000 to 500.000 rubles: 5.000 rubles,
from 500.000 rubles: 10.000 rubles.
The buyer is responsible for an error in setting a bid for a lot. The buyer cannot claim to have acted on behalf of a third party. All prices are in Russian rubles.
3.7. AUTO BET. The participant can use the autobet function by setting its size in the corresponding window, while its value must not be lower than the current bid plus one step. If this condition is not met, the autobet will not be accepted. If you make an autobet, then the current bet will be outbid by your bet with a minimum step, in case of other bets appearing, your bet will outbid the current one by the minimum step each time. If, as a result of the auction, the autobid exceeds the current one by less than an auction step, then it outbids the current bid. If two or more participants placed the same autobets, the buyer who made the first bid is in the lead.
EXAMPLE 1: If the bid is 20,000, while the auction step is 250 rubles, then you can make a minimum autobid equal to 20,250 rubles.
EXAMPLE 2: If your autobid is 60,000, while the auction step is 1,000 rubles, as a result of bidding, the current price of a lot not your bid is 59,900, then your autobid still outbids the current bid and your bid of 60,000 will lead. to kill it, another buyer will have to bid 61,000.
3.8. In the event that the Buyer accidentally made a bid or auto-bid more than planned (for example, he planned to bid 10,000, but accidentally scored 100,000), you must immediately contact the auction administration through the form feedback in your personal account with a request to cancel the bid or auto-bid for lot number XXX. This does not apply to bids placed during the close of the auction. For bids made during the online auction, the buyer is fully responsible, their cancellation is not possible.
4. Images and descriptions of coins.
4.1. All descriptions of coins are made in Russian, annotations and references are given in accordance with the principles adopted in numismatic auction activities.
4.2. Processing of images of coins with the help of special computer programs is not allowed. Please note that when viewing photos of lots on the auction site, the color rendering may depend on the settings of your monitor, so the auction administration recommends viewing the lots personally in our store. For the convenience of buyers, all coins can be viewed in an enlarged format.
4.3. The exhibited lots can be viewed personally in the premises of the Antiques-Numismatics store, located at the address: Moscow, st. Arbat d. 36/2 building 6.
4.4. The auction places photos of all lots on the site and gives everyone the right to preview the lots. Claims related to the quality and condition of items after the auction are accepted only if the lot does not match the photo or an error in the description of the lot, which may affect its value.
4.5. In case of unjustified reasons for refusing to purchase the won lots, the buyer is allowed to participate in the auctions only after making a deposit in the amount of 10% of the bid limit. The deposit can be used to pay for the lots won at the next auctions or returned at the request of the participant in the absence of won lots.
5. The order of payment for the purchased lots.
5.1. Commission fees from the buyer are 7% of the price of the hammer, but not less than 100 rubles.
5.2. Payment is made in cash, by postal or bank transfer, Visa, MasterCard credit cards, unless the parties have agreed to conduct the calculation in a different way. When paying with plastic cards, the amount of payment increases by 2%.
5.3. The maximum payment term for the won lot is 5 calendar days from the end of the auction, unless otherwise agreed. In the absence of payment within the agreed period or the cancellation of the transaction for other reasons, which took place at the initiative of the buyer, he is charged a fine of 20% of the final price of the lot.
5.4. The item becomes the property of the buyer only after full payment.
5.5. When making a payment through the Sberbank-online system and other non-cash methods, please send buyers by mail [email protected] site a copy of the payment, or a message about the completed payment, for its speedy identification.
6. Delivery.
6.1. You can receive paid lots in person at the Antiques-Numismatics store, located at the address: Moscow, st. Arbat d. 36/2 building 6.
Storage of antique auction lots is free of charge for 1 month after the end of the auction. Starting from the 2nd month, a fee of 0.5% of the invoice amount per day will be charged for the storage of lots paid for and not taken or not sent due to the fault of the buyer. From the 3rd month - 1% per day.
6.2. At the expense of the auction, we send lots worth more than 3,000 rubles, which can be sent by Russian post by ordinary or registered mail (weight limit - 100 gr., Maximum size of forwarded letter: 229 x 324 mm.) buyer. Confirmation that the auction fulfills its obligations to transfer lots to the buyer is the corresponding receipt issued in the name of the auction or its representative.
At the request of the buyer, it is possible to insure the shipment. In this case, if the shipment is lost, we receive the insurance amount and transfer it to the buyer.
Delivery method must be selected when filling out the form "Payment and delivery" .
The cost of delivery can be independently calculated using the Russian Post rater or the DPD courier service calculator (SPSR).
For reliable delivery, the auction recommends using the services of courier mail.
Delivery is carried out exclusively on the territory of the Russian Federation.
Please note that we do not ship cash on delivery.
6.3 The auction does not deliver the purchased lots abroad and does not process the paperwork for this procedure.
Sooner or later, “extra” copies appear in any collection and the numismatist has a desire to sell them. However, in the case of old coins, things are not so simple. Starting with the fact that sometimes there is an old coin and ending with the fact that, due to the large number of buyers in this market, they are very distrustful.
On the other hand, exactly you can make really big money selling old coins. Especially if you find coins yourself with a metal detector. Consider the most important points that should not be forgotten when selling an old coin.
To profitably sell an old coin, you first need to adequately evaluate it. The price of a coin is made up of several factors:
- Of greatest importance is coin rarity. The fewer copies that have survived to this day, the more expensive each of them. Some coins were minted in hundreds of millions of copies, while others were issued only in trial runs, their price will differ by several orders of magnitude.
- The second important criterion for evaluation is . From long use or lying in the ground, the relief of the coin can be practically erased, which greatly reduces the value of even rare coins. On the other hand, a relatively common coin that looks like it was minted a minute ago will be worth a lot of money.
- Market situation also affects the price of the coin. If someone found a treasure of Nikolaev rubles and put them up for sale, this may well bring down the price by several tens of percent.
If you want to sell an old coin of the Russian Empire, then for the initial assessment of its value, you can use our website. Don't forget to consider the mint and condition of your coin.
After receiving information about the order of prices for your coin, you need to carefully consider your copy, pay attention to possible defects. For example, a hole in a coin greatly reduces its value, even if it is generally in good condition.
At the last stage, you need to pay attention to the state of the market at the moment, see how much other sellers are asking for similar coins. You should not try to sell a coin much more expensive than the average price, but you don’t need to bring down the price either.
Where can I sell old coins
The easiest way to sell a coin in an antique shop, it does not require time and effort. But it should be borne in mind that they will buy it for the purpose of resale, which means that the price will be noticeably lower than the market price. As a rule, coins are bought for 30-50% of their real value.
It is more profitable to sell a coin in the club of numismatists. There you can find a real buyer, not a reseller. However, due to the small number of club members, you can sell a coin for a very long time, especially if it is not rare.
How to sell ancient coins through the Internet? The fastest and most profitable way to sell coins is sale through online auctions. The auction shows real interest in the coin on the market and a sale for an adequate price, as a rule, occurs in a few weeks. However, in order to sell coins online, you need to earn a reputation. At first, you will have to sell coins a little cheaper than the average price in order to get positive feedback.
Before selling, carefully study the coin, determine its strengths and weaknesses. Evaluate whether they greatly affect the price. Feel free to submit a coin for evaluation in numismatist clubs or specialized forums. As a rule, more experienced colleagues will not refuse to help you.
Perhaps a coin can, this will greatly increase its value. Read about how to clean coins on the Internet and practice on cheap and unnecessary coins. If you are not confident in your abilities, then do not try to restore the coin. After inept cleaning, it will only lose value.
Summarize. For bargain sale coins, it is extremely important to adequately evaluate it. You can do it yourself or ask for help from experienced colleagues on the Internet or in a club. The most profitable way to sell coins online, but it takes time and effort to get a good reputation. If you want to sell a coin quickly, you can go to an antiques dealer, but remember that your coin will only be bought for half of its real value.
