Getting the most value when selling collectible coins involves knowing one's merchandise. If there are a lot of coins to be sold, they should be sorted, organized, identified, and notes should made of any pertinent characteristics, before any attempt to sell them is made. Although it may be advantageous to sell collectible coins in bulk or as a collection sometimes, a person should never do this until he is absolutely sure of what he is selling. This step is particularly important for individuals without a great deal of numismatic knowledge who inherit or otherwise acquire a set of collectible coins. Such a set may contain a great many coins of comparatively little value, and one rare coin with great value. Once each coin has been identified, pricing guides on the Internet and elsewhere can give a sense of how much the coins are worth. Since the actual selling price of a coin depends a great deal on condition, the prospective seller may want to invest in an appraisal or get a particularly valuable coin certified before selling it. Dealers will buy collectible coins at wholesale price (i.e., less than the price you'll see listed in a price guide). Coins can also be sold to other collectors at coin shows. Auctions are another obvious outlet for selling coins. Both internet and offline auctions are well-established mechanisms for selling coins (meaning that potential buyers should be assumed to be sophisticated), and one will usually take home somewhat more per coin sold at auction than to a dealer. | 
