Coin Collection

Sucessful trades.


The idea is that this article serves as a guide for those who are new to trading coins with collectors on the Internet.

The list of doubles:

It is important that the double’s list is easy to read in any computer. My recommendation is to use the simplest format possible, such as a text file separated by tabs (or commas) or a MS Excel spreadsheet.
At least the following information about each piece must be included: country, value, denomination, year, catalog reference (such as the Krause - KM) and remarks. In the remarks we can mention if the piece has some defect or if it is reserved for another collector with whom we are in negotiations. It is also desirable to include the state of conservation of the coin. And of course, all the listed coins must be in a collectable state.

The references:

Generally, to carry out the trades, you also include your list of references, for example you can see the people with whom I have traded in the section Good Collectors. In this way, after some time of trading, you become known and you know who are reliable and who are not.
If the person with whom you want to trade has good references, the packages are usually sent at the same time. Otherwise the person without references (because there is always a first time!) sends first and when the other party receives the package, sends his/her part.
And so the first reference is created for the collector who is new to online trades.
The references are very important, especially if you plan to send first, it is convenient to contact some random collectors who appear on the list and ask about their experience.
Unfortunately there are always people who want to take advantage of the goodwill of the new collectors.

Agreeing the terms:

I personally, trade pieces 1x1, which means we exchange the same amount of coins. For example each collector chooses 30 coins from the other's list and they are sent to each other.
There are other collectors who prefer to make the deal according to the catalog value or requesting more than one coin for pieces of higher value.

Sending the package:

All shipments should be sent via registered mail, unless it is agreed differently with the collector.
It must be taken into consideration that in some countries it is not allowed to send coins of legal tender by post; a way to fix this inconvenient is to declare the content of the shipment as Metal chips or Collectibles.
To make the package, first wrap the coins in a paper napkin or some similar light paper; then tape them on a cardboard (as light as possible) and put the cardboard in an envelope, making sure that it fits tightly so it doesn’t move. It is very important that the tape does not touch directly the coins because the glue is very difficult to eliminate and can cause irreparable damage to the pieces.
My recommendation is to use paper and cardboard as light as possible so that the shipping costs won’t be so high.
Usually, no less than 20 coins are exchanged per trade so that the mailing costs are justified.
Once the package has been delivered to the post office, it is a good gesture to send a scanned copy of the receipt or invoice to your trade partner, as proof that the package has been sent. It is also very important to notify the other party as soon as the package arrives and report any irregularities in the content so that it can make the corresponding claims if it is necessary.

I hope you have found this article useful and happy trading!

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