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See where to find banks and markets that buy old coins in Brazil and learn how to earn extra income with them
O old coin market is a growing segment that attracts not only collectors but also investors. Many people keep Old coins without knowing what they might have in their hands items with significant values, that can be turned into profit. Ancient coins are sought after for both their historical value and their rarity, and, depending on the piece, can reach high values in transactions and auctions, according to the website Seu Crédito Digital.
However, finding the ideal place to sell old coins is not always easy. Below, learn about some of the main options for banks and institutions that buy old coins and see how a professional appraisal can help you maximize your profits.
Banks that buy old coins in Brazil
Although traditional banks are not the most common destination for sale of old coins, some institutions in Brazil offer this service. The Bank of Brazil and the Federal Savings Bank, for example, they are known to have experience and professionals who can assist in transactions involving ancient coins.
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It is important to understand, however, that the purchase of old coins by banks may vary depending on location and type of agency. Not all banks buy old coins, and those that do may offer limited services. Check with your agency in advance if there is interest in purchase of specific parts or if you can provide a guidance guide to help with evaluation and sale.
Other selling options for coins
In addition to banks, There are other specialized markets for the sale of old coins. Numismatic shops and auction houses are examples of places that often buy and sell rare coins. Check out other places to sell your old coins:
Numismatic shops
Specialty stores are a excellent option for those looking for personalized service. They not only buy coins, but also can provide a detailed assessment, providing guidance on the values and conditions of the pieces.
Auction houses
Auctions can be very profitable, especially for rare coins. The competitiveness of auctions can increase the final value of the piece, making it a advantageous alternative for those who have rare coins or coins in impeccable condition.
Online platforms
There are also websites specialized in buying and selling old coins, where collectors can safely evaluate and trade their pieces. Before selling, make sure the platform is trustworthy and offers guarantees against fraud.
More tips to further increase the sale value of your old coins
For those looking to sell their old coins, here are some more tips for increase the chances of profit:
- Transfer and Compare Values: Before closing the sale, research the value of similar coins and compare offers. There are specialized guides and online platforms that can give you an idea of the market price.
- Keep Your Coins: Coins in excellent condition and with a higher value, so it is important handle them with care and avoid exposing them to conditions that could cause damage, such as moisture or friction.
- Choose Numismatic Stores or Auctions: If you have a rare coin, these places may offer a better financial return than banks, as these are coins that are specialized in the collectors' market.
- Invest in Certification: A certification is an excellent way to guarantee the modernity and quality of your currency. This provides security to buyers and can command a higher price.
- Use Reputable Sales Platforms: If you choose to sell online, choose reliable platforms and with good trust in the numismatic market. This helps to avoid fraud and attract serious collectors.
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