Coin Selling

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Coin selling is a global industry with many types of coins available for buying, selling, and trading.

There are also many different types of people involved in the activity, all with a single aim : to sell or find coins that match their preferences.

Once you have followed the due process we outlined in our earlier guides and you have a valid, authentic coin in hand, the final and hardest part begins : selling the coin.

To have a better and more detailed understanding of the process, click to open any of the links below to view the finer details of coin selling :-

Selling coins is a very complex activity, especially for a first-time seller, and for a seller who has not fully understood the basics of coin selling, and also for a person who is ignorant of following simple instructions and guidelines.

As a starting point, a coin that is valid and acceptable for sale should have undergone proper identification, cleaning, storage, and presentation.

Any coin that has not been passed through these basic and important pillars will not be eligible to proceed to the selling level.

Below, we have highlighted the crucial steps for selling a coin that must be strictly followed after you have listed it and offered it for sale.

Coin Selling Procedure :-

As with other markets worldwide, a coin is the basic item of trade in coin-selling transactions.

It has to follow a laid-down procedure and transfer channel so that it moves from the owner’s possession to the interested person’s possession.

This transfer is conducted in Five Simple Steps as outlined below :-

1. Coin Specifications :-

The market, or demand, or, in simpler terms, the buyer, typically issues specifications for the coins that meet their needs and requirements.

These specifications are usually issued in advance so that only coins that meet the description are accepted for sale.

As a serious coin seller, you will be at a great advantage if only you present coins that fit in specifications provided.

The most crucial specifications may include, but are not limited to, the year on the coin, the image on the coin, the country of origin, the inscriptions and colour of the coin, or even its condition as per The Sheldon Coin Grading Scale.

The expected price value of the required coin may also close the list of specifications.

Once you intend to present your coin for consideration, being aware of the specifications of the required coin is the first step of selling so as to ensure you find and present only coins that are eligible and acceptable for selling.

2. Coin Presentation :-

You have already observed your coin and compared it to the required specifications.

You have also realised that it meets the issued specifications, and you are OK with the exchange price as well.

Next, you will have to show and prove to the market and the buyer that you have the sought-after coin.

Coin Presentation involves taking a clear and visible photo of your coin.

The photo should clearly show your coin so its features are easily visible to the buyer for initial verification.

So, to achieve this, you may be at an advantage if you have some basic facts in mind when you want to make an acceptable presentation of your coin.

Use a high-resolution camera, preferably 15 megapixels or more.

Always keep in mind the focal length between your camera and the coin, and avoid sudden movements when taking the photo to ensure you capture a still, clear, and visible photo.

Take the photo in a bright, well-lit environment to ensure your coin’s features are visible and easy to identify.

Ensure it creates a good contrast that does not seem to hide your coin.

Lastly, make sure you clearly label your presentation.

Be aware that you might not be the only person making a presentation, so include and write your name, where your coin is located and essentially the date of taking the photo.

This will indicate to the market that you surely own the coin and it is available as of the date indicated in your presentation.

Write also a short description of the coin.

This will come in handy and help you overcome competition, especially if many people also have the same coin as yours.

Include the year indicated on your coin, its denomination and also its type.

The most crucial point and aim is to give the interested person a good feel and look of your coin.

This will ensure they can carefully assess your coin’s photo, which directly reflects your coin’s actual condition.

Therefore, your coin photo is crucial, as it helps impress and persuade the buyer to consider a closer trading conversation with you.

3. Coin Selection :-

No matter how rare a coin might be, chances are very high that you will not be the only person having that particular coin of interest.

Coin selling is a worldwide business that attracts many sellers.

Once demand for a particular coin of interest is declared, then many people might get the information and come up with the same coin, just like you.

A buyer will most likely be interested in acquiring the best-conditioned coin that best fits their specifications.

The buyer may not be in a position to buy all the coins presented, so they will end up selecting one, a few, or the number of coins that suit their trading requirements.

If, when you were preparing your coin for selection, you had not taken into account the basics of coin presentation described earlier in our guide, then your coin will not be in a position to be selected for payment.

These will be because your coin presentation will not be clear enough to facilitate proper viewing of your coin’s features during the selection process.

This, in turn, means that you should properly and carefully follow our guide on how to make an award-winning coin presentation, so as to better prepare your coin for coin selection.

Of all the steps of coin selling, which are done on an individual and personal level, only the selection stage is done as a group activity, whereby all presented coins are compared against each other.

Only the sellers who present the best coins as per the laid-down specifications are selected to move higher up the selling ladder and closer to being paid for their valid coins.

4. Coin Payments :-

After your coin has emerged as the best that fits the required specifications, then it is time for you to move to the payments stage of selling.

The payments stage is a crucial part of coin selling and is influenced by several factors that we will cover later on in our guide.

Payments can be made before, during, or after coin delivery.

Payments can also be made with half the price due before delivery and the other half after delivery.

Payments are usually made in cash, via mobile money transfer, or by bank account deposit.

The best method can be determined by the amount of the payment or by the seller’s wishes, such as how you may want the payment transferred to you.

5. Coin Delivery :-

Coin Delivery is the process of transferring selected coins from the coin seller to our company.

Once your coins have been selected for payment, the transfer process begins and can be handled in various ways.

We use various methods to collect coins that have been shortlisted for payment, as well as coins that have been paid for in full or in half, depending on the method of selling under which a coin seller is trading. 

Firstly, we have accredited company agents who are sent out to pick coins from coin holders.

You will be required to choose and communicate your preferred location for an agent to pick up your coin, provided it is a safe public location.

Secondly, a coin holder may choose to use a trusted courier service provider to deliver the coin to us.

There are various courier services, both local and international, that offer great packages, including insured delivery.

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Methods Of Coin Selling :-

Coin Selling is a global industry that attracts many different types of people who engage in it for various reasons.

These reasons range from those wishing to sell their coins to those hoping to get the coins of their choice, while others are just seeking to have a look at the activity without any serious interest.

Whereas there is always bound to be these great personality differences, there is also the fact that people have very different quantities and values of coins.

With these complex scenarios in mind, it is essential to have multiple methods for selling coins to ensure a successful, organised, and fruitful selling engagement.

In this regard, we have organised Four Guaranteed methods through which you can sell your coins, as shown below.

1. TOKEA Coin Exhibitions :-

Coin selling is a wide-range activity since coins come in different types and forms.

Coin sellers often find themselves with so many coins that they may not be easily viewed, documented, or showcased.

It is with these in mind that we have a coin-selling method whereby we normally organise coin exhibitions, and coin sellers can bring their coins and showcase them to invited guests and other interested coin enthusiasts.

Tokea is a swahili word that loosely translates to an invitation to come, appear, attend or participate in an activity or meeting and in these context, to a coin exhibition also known as a coin show.

We usually organise Tokea Coin Exhibitions every four months, and interested coin sellers are invited to exhibit and showcase their coins.

These events are usually thoroughly and actively advertised so as to ensure that all types of coin enthusiasts show up at the venue.

During Tokea Coin Exhibitions, every coin seller is provided with an ample and secure environment to display their coins to a wide, invited audience.

It also creates a platform for you to learn more about the industry and the ropes of the trade.

At the exhibition, sellers may set their own coin prices based on their agreements with interested parties.

Tokea Coin Exhibition is the place to be for sellers who wish to learn more about the industry, and also a great opportunity to buy or sell coins that match their preferences.

2. TUONYESHE Coin Auctions :-

Geographical difference is no longer a limitation for coin sellers.

Regardless of where you are, you can sell or buy any coin at any time.

Tuonyeshe Coin Auction is a coin-selling platform that allows you to upload images of your coins into our portal, so interested buyers can view them and make any price offers.

The point to note is that this method of coin selling is designed strictly to showcase high-grade, high-quality coins only.

Tuonyeshe is a swahili word that loosely translates to a request to show, display or showcase something so that others may have a look at it so as to know what is available and on offer.

On this portal, any coin collector who wishes to acquire, buy or sell any particular coin of his/her interest is offered an opportunity to find or dispose of any high-grade coin within the shortest time possible.

With our wide network of coin enthusiasts who have different requirements and interests in business, all coin collectors are assured of getting a match for their business desires, either in buying or selling, at any time and wherever you are.

Tuonyeshe Coin Auctions is set on trusted foundations of honesty and security; therefore, all participants are guaranteed to achieve their aims and aspirations.

3. TULETEE Office Trading :-

At times, selling coins at your own pace and on your own schedule is recommended.

This is where you may need to find your own time of choice and individually approach the steps of selling.

Tuletee Office Trading is a coin-selling method that offers an excellent opportunity for sellers to meet and connect with our specialists through a physical, one-on-one, face-to-face engagement.

Tuletee is a swahili word that loosely translates to an invitation to physically and personally avail yourself at our offices to express your interests and to find out how you can be accommodated into our business model.

This is an exclusive coin-selling method designed for people who wish for direct and private selling. .

Under this coin-selling method, you may personally come to our offices to sell your coins for instant payments.

4. Coin Zangu T.V :-

At times, you might come across coins that have no known demand and no known potential of being sold.

But surprisingly, someone somewhere might be desperately looking for that particular coin, not knowing that you have it, and you also don’t know they need your coin.

As professional, established and experienced coin dealers, and having a wide network of international coin enthusiasts, we boast of the most organized platform that is both easy to use and very effective.

All you need to do is make a clear and visible video of your coins in a well-lit environment.

Ensure your coins’ surfaces and features are clearly visible, and send us the video via our office WhatsApp number.

We will upload it to our magical Coin Zangu T.V platform, which has thousands of viewers worldwide.

We accept any coin in any condition for showcasing on Coin Zangu T.V, as we aim to have the widest network of coin sellers worldwide.

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Whether you are an amateur coin seller, a professional coin seller or just a passionate coin enthusiast, we have all these different trading platforms designed and tailored to meet your individual needs and aspirations.

Coin Selling is a profitable and exciting business venture, which, when done with the right like-minded people and experienced dealers, you are definitely assured of a successful, lifelong and enjoyable journey.