Where can I recycle coins?

There are many places to recycle coins, such as banks, local antique markets and online coin collection and trading platforms.

1, bank

Bank outlets all support the equivalent recycling of old coins.

2. The local antique market

Coin dealers in physical stores, coin collection and trading markets.

3. Online coin collection trading platform

For example, a treasure, a fish, an east and some professional coin websites are published on major communication platforms. If you send an auction online, you should pay attention. Don't trust someone to contact and say that the collection is worth millions, and then give the money to others.

Matters needing attention in recycling old coins

First of all, consider the direction of coin collection. For example, whether to collect a fixed kind, such as silver coins, old banknotes or commemorative coins, or to collect them widely, regardless of the type of coins.

Secondly, we should pay attention to distinguish the authenticity of coins. Since it is a collection, it is naturally scarce, so the quantity on the market is relatively small. When collecting coins, it is necessary to prevent the other party from using information asymmetry to deceive collectors with language, especially in the prosperous coin collection market in recent years, and the types of coins are even more mixed. We should know something about money recovery, and don't touch the elephant like a blind man. We don't know how to identify money recovery. ?

Third, we should know more about the market situation of coin recycling and follow up more. Only by knowing more about the market situation can we make an accurate judgment. The key to the return on investment in coin recycling is the price difference. Buying at a low price and selling at a good market can give your own coins more room for appreciation. Pay more attention to the real-time price changes in the market, so as to ensure that the price is relatively reasonable, and we must be aware of it. ?

Finally, coin recycling should pay attention to classification and careful preservation. The appearance of coins is more important. If a set of good coins are different, the collection value will be greatly reduced. Therefore, when collecting coins, different kinds of coins should be kept in a targeted manner to avoid bumping, breakage, discoloration and rust.