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Auction Companies
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Auction Companies
One of the increasingly popular ways to both buy and sell coins is through auctions. There are several companies with solid reputations and long track records in this field. Some of the auction companies also conduct other methods of buying and selling coins as well, offering you increased flexibility once you establish a relationship with them.
There are also different types of auctions. Increasingly popular are internet auctions in which bidders bid on coins online 24/7 from their own personal computer. Broad bandwith has made this possible, as one can now view images of coins online that are superior to traditional coin photography. By far the most popular auction, however, is still the public auction, usually associated with coin conventions. At these events, sophisticated collectors, investors, professional numismatists and especially coin dealers bid in a highly competitive environment on coins that are contained, complete with photographs, documented histories and descriptions in large catalogs which are circulated in advance of the auction event.
Virtually all of the world's greatest collections have sold this way and it is generally accepted that, if you want to obtain the finest, rarest coins, or, if you want to sell the finest, rarest coins, public auctions are the way to go. Moreover, such auctions have evolved considerably in recent years and public auctions almost always include an online bidding component and telephone bidding as well, so you do not have to travel in person to participate in an event.
http://www.bowersandmerena.com
http://www.christies.com
http://www.earlyamerican.com
http://www.goldbergcoins.com
http://www.heritageauctions.com
http://www.sothebys.com
http://www.spink.com
http://www.stacks.com
http://www.sgbh.com
http://www.teletrade.com
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