How to sell a old coin of 1840?

Answer 1

The first step is to identify it. Contrary to popular belief, the fact that your coin was made in 1840 does not make it valuable.

The primary value will come from its metal content, holding all things constant a gold coin will be worth more than a silver coin and a silver coin worth more than a base metal coin.

Next, the value comes from rarity, condition and collector demand.

Once you've identified the coin and the approximate rarity and value, the next step is to figure out where you want to sell it. If you have a coin like most people have, its worth very little and and so selling it at a local coin shop would be your best bet. If you've got a coin worth a bit more or if you don't have a local coin shop, you might want to consider selling it on eBay or Craigslist. If you have a super-rarity, you may want to consign it to a higher-end auction house such as Heritage Auctions or Spinks. If you choose to sell via eBay or an auction house you may want to send your coin in for grading by PCGS or NGC, slabbing fees can range from $20-50+, but if you are selling a rare or high-grade coin, you will get much better money if its slabbed by NGC or PCGS.

With eBay and Auction houses you've got delayed payment (several months in the case of major auction houses) and fees.

Answer 2

To sell an old coin from 1840, you can consider contacting a reputable coin dealer or auction house specializing in rare coins. You can also list it for sale on online marketplaces or coin collecting forums. Make sure to research the coin's value and authenticity before finalizing any sale.