What Does it Mean to Consign Your Coin Collection?

Consigning your coin collection involves entrusting it to a dealer or auction house to sell on your behalf. While this process may take longer for you to receive payment, it can yield higher profits if you’re patient. The dealer typically takes a 10-20% commission from the sale. Consignment offers the benefits of professional marketing and exposure to serious buyers, increasing the likelihood of achieving a higher sale price. However, it requires waiting until the coin is sold & a waiting period to make sure the coin isn’t returned to receive your payment.

Benefits of Consignments Over Other Methods

Selling a valuable coin can be challenging without access to the right buyers. Auctions may seem like a solution, but they’re unpredictable—while some coins sell at a premium, others can fetch far less than their true value. Local coin shops offer instant cash, but typically pay 10-20% below the whole sale value, meaning you sacrifice a significant portion of your coin's worth.

Consigning with a trusted dealer is the best option for maximizing profit. Dealers have established networks of serious collectors willing to pay a premium, and they’re incentivized to secure the highest price due to their commission structure. Even if they don’t have the right buyer, their connections with other dealers ensure your coin reaches its ideal audience.

If you’re looking to maximize the value of your coins and don’t need immediate cash, consignments provide the perfect balance of expertise, exposure, and profitability.

Consign your coins with Sublime Cents!

At Sublime Cents, we’ve been trusted by top collectors for years to handle their consignments. Our deep expertise in pennies, combined with a well-established network of serious buyers, makes us the ideal partner to help you maximize the value of your coins. We offer a flat, transparent 10% commission on all consignment sales and provide regular updates to keep you informed throughout the process.

Ready to consign your collection? Contact us using the form below or email us at eric@sublimecents.com to learn more!