Coins by mail

A fascinating topic! Coins by mail, also known as numismatic mail-order or coin collecting by mail, is a popular way for people to acquire coins and other numismatic items from around the world. Here's a brief overview:

What is coins by mail?

Coins by mail is a service where individuals or companies sell coins and other numismatic items, such as banknotes, tokens, and medals, through the mail. This allows collectors to purchase coins from the comfort of their own homes, without having to physically visit a store or market.

How does it work?

Here's a general outline of the process:

  1. Catalogs and online listings: Companies and individuals create catalogs or online listings featuring their available coins and numismatic items. These listings often include detailed descriptions, prices, and high-quality images.
  2. Ordering: Collectors browse the catalogs or online listings, select the items they want to purchase, and place an order. They typically provide payment information, such as a check, money order, or credit card.
  3. Shipping: The seller ships the ordered coins and numismatic items to the collector's address.
  4. Verification and authentication: Upon receipt, collectors verify the authenticity and condition of the coins and numismatic items.

Benefits

Coins by mail offers several benefits, including:

  1. Convenience: Collectors can purchase coins from the comfort of their own homes, without having to travel to a store or market.
  2. Wider selection: Coins by mail allows collectors to access a wider range of coins and numismatic items from around the world, including rare and hard-to-find items.
  3. Cost-effective: Coins by mail can be more cost-effective than buying coins in person, as there may be no sales tax or other fees.
  4. Research and education: Coins by mail can provide collectors with opportunities to learn about different coins, their history, and their value.

Popular coins by mail services

Some popular coins by mail services include:

  1. Apmex (American Precious Metals Exchange): A well-known online retailer of coins, bullion, and numismatic items.
  2. Numismatic Guaranty Corporation (NGC): A leading third-party grading service that also offers coins by mail.
  3. Professional Coin Grading Service (PCGS): Another well-known third-party grading service that offers coins by mail.
  4. Stack's Bowers: A reputable coin auction house that also offers coins by mail.

Tips for buying coins by mail

When buying coins by mail, it's essential to:

  1. Research the seller: Verify the seller's reputation, read reviews, and check for any complaints or issues.
  2. Check the authenticity: Ensure that the coins and numismatic items are authentic and not counterfeit.
  3. Verify the condition: Check the condition of the coins and numismatic items, as described by the seller.
  4. Use a secure payment method: Use a secure payment method, such as a credit card or PayPal, to protect your payment.
  5. Keep records: Keep records of your purchases, including receipts, invoices, and any correspondence with the seller.

By following these tips and being aware of the benefits and potential risks, collectors can enjoy a rewarding experience buying coins by mail.