Where to Sell Old Coins in London (2026 Seller’s Guide)

Where to Sell Old Coins in London (2026 Seller's Guide) | Pashiz Coins
Pashiz Coins · Seller's Guide

Where to Sell Old Coins in London

A complete 2026 guide to your options — including why consigning to our auctions beats the traditional route

If you've inherited a coin collection, or you're clearing out coins that have sat in a drawer for years, working out where to sell them in London can feel daunting. You might not know what you actually have, whether it's worth anything, or who to trust with the answer. This guide breaks down your realistic options, what actually determines what you'll be offered, and how to avoid the most common ways sellers end up underselling.

Pashiz Coins Collection

Section 1Your Main Selling Options

Each route trades off speed, price potential, and how much of the work (and risk) sits on your shoulders. Here's how they actually compare.

A specialist coin dealer (like Pashiz Coins)

Direct valuation and purchase, usually the fastest route to a sale — you bring or send your coins in, get an assessment, and if you accept the offer, you're paid promptly. Especially the right route for ancient, Islamic, or world coins, where correctly identifying a ruler, mint, or dynasty requires real specialist knowledge a generalist buyer simply won't have. The trade-off: a direct sale is typically priced to allow the dealer a margin for resale — you're paying for speed, certainty, and no commission deducted later.

Auction houses

Can achieve genuinely strong prices for rare or high-demand pieces, since you're exposing the coin to competing collector demand rather than a single buyer's offer. The trade-offs at a typical auction house are real: commission, a timeline of months, and no guaranteed sale. Consigning specifically with Pashiz Coins avoids most of that trade-off — see how our auctions compare below.

Online marketplaces

Full control over pricing and no dealer margin taken out, but you take on everything a dealer or auction house would otherwise handle yourself: authenticating and describing the coin accurately, building enough buyer trust to get offers, and handling payment and shipping risk. For genuinely valuable ancient or Islamic coins, misattributing or underselling through lack of expertise is a real risk here.

General antiques dealers or jewellers

Convenient if you're already dealing with one for other items, but they rarely have the specialist knowledge to value ancient or foreign coinage correctly. A jeweller may value a gold coin close to its melt value without recognising its numismatic value is many times higher — one of the most common ways sellers unknowingly undersell genuinely significant coins.

Section 2Why Consign to a Pashiz Coins Auction

If your coins are the kind that would genuinely benefit from competitive bidding — rare, high-demand, or part of a coherent collection — consigning to auction is often the route that gets you the strongest price. But the auction industry's traditional model asks a lot of the seller: long waits, opaque fees, and once your coins are handed over, very little visibility into what happens next. We built our auction service specifically to fix that.

From the moment you consign, we handle everything — you don't lift a finger beyond the initial handover:

Photography & cataloguing

Every coin is professionally photographed and catalogued with accurate, researched descriptions — the same standard we apply to our own stock.

Marketing & promotion

Your consignment is promoted to our existing collector base and internationally via Biddr.com and Numisbids.com, not left to find bidders on its own.

Full operational handling

Lot organisation, auction scheduling, bidding infrastructure — the entire operational side runs through us, start to finish.

Customer service

Bidder questions, condition queries, and pre-sale enquiries are all handled by us directly, so you're never fielding calls from strangers about your own coins.

Payment processing

We collect payment from the winning bidder, chase any late payers, and handle the entire financial side of the transaction on your behalf.

Shipping & after-sale support

Once sold, we manage secure, insured shipping to the buyer and handle any after-sale questions — your involvement ends when you hand your coins over.

In short: no photography, no writing descriptions, no dealing with buyers, no chasing payment, no arranging shipping. You consign your coins and we handle every remaining step of turning them into a payout.

Section 3How Our Timeline & Payout Compare

This is where consigning with us differs most from a traditional auction house — and it's worth understanding clearly, because the gap is substantial.

Stage Traditional Auction Houses Pashiz Coins
Time from consignment to auctionTypically 3–8 monthsA fraction of that — your coins go into our next scheduled sale, not a months-long queue
Payout after the saleTypically 30–60 days10 working days — often sooner if buyer payment reaches us early
In short: a collection that might sit for the better part of a year at a traditional house — months waiting for a sale slot, then another 30–60 days waiting to be paid — can realistically be sold and paid out by us in a fraction of that time.

Section 4Single Seller Auctions (SSA)

An auction dedicated entirely to your collection

For larger or particularly coherent collections, we offer Single Seller Auctions — a dedicated sale featuring only your consignment, rather than your coins being folded into a mixed general auction alongside other consignors' material. This keeps your collection's story intact for bidders, and can be a genuinely stronger presentation for a collection with a clear theme, provenance, or focus — exactly the kind of coherence collectors respond to.

Section 5Our Fees

Traditional auction house commissions typically run 10–20% of the hammer price. Ours are structured to reward first-time and repeat consignors alike.

  • Your first consignment — completely free of charge 0%
  • Standard consignments thereafter — competitive, tiered pricing 0–10%
  • Dealers & regular consignors — our best rates, for an ongoing relationship as low as 0%

Compare that to the market standard of 10–20%, and the difference is significant — particularly for higher-value collections, where a few percentage points of commission can represent a genuinely large sum.

Section 6What Actually Determines Value

  • Rarity — not just the coin type broadly, but the specific date, mint, and variety. Two coins that look almost identical to a non-specialist can have very different values depending on subtle differences only a specialist would recognise.
  • Condition/grade — a documented, third-party grade (NGC/PMG) removes ambiguity about condition entirely, and typically increases what buyers are willing to pay.
  • Authenticity documentation — coins with a clear provenance or existing certification sell faster and for more, because they remove the single biggest risk a buyer takes on.
  • Current collector demand — value isn't fixed; some areas (Islamic coinage, ancient Greek and Roman issues, certain Persian dynasties) currently see strong, active collector interest in the UK market.
  • Completeness of a set, or thematic coherence — a collection that tells a coherent story is often worth meaningfully more as a whole than the same coins sold individually and unexplained.

Section 7Preparing Your Coins Before You Sell

A few things worth doing — and avoiding — before you approach any buyer.

✓ Do

  • Leave coins exactly as you found them, dirt and all
  • Gather receipts, old catalogues, or family notes on origin
  • Keep any existing album, folder, or labelling intact
  • Take your time before accepting the first offer

✗ Don't

  • Clean, polish, or dip coins to "make them look better"
  • Re-sort or separate a collection based on guesswork
  • Sell based on weight or metal content alone
  • Accept a valuation with no explanation behind it

Cleaning is the single most common way sellers unintentionally destroy value. Even gentle cleaning can remove original surfaces, toning, and patina that collectors and graders specifically look for, and it's very difficult to undo — if a coin looks dirty or worn, leave it exactly as it is and let a specialist assess it in its current state.

A word of caution: if you're offered a price with no explanation of why, or the buyer can't tell you the coin's mint, date, or historical context, get a second opinion before selling. Specialist knowledge is exactly what separates a fair offer from an underpriced one, particularly for ancient and Islamic coins that general dealers often underappreciate.

Section 8Frequently Asked Questions

Do I need to know what my coins are before I bring them in?

No — part of what a specialist does is identify and attribute coins you may not recognise yourself. Bring what you have, even if you're not sure what it is.

Is there a cost to get a valuation?

At Pashiz Coins, no — we don't charge simply to assess and value your coins, whether or not you ultimately decide to sell to us.

What if my collection is mixed — some coins, some other items?

We can assess the coin portion and point you toward the right specialist for anything outside coins, such as stamps or general antiques.

Should I sell everything together, or piece by piece?

This depends on what you have — a coherent, well-matched collection is sometimes worth more sold as a set, while individually significant pieces may be better assessed separately. A good specialist will advise honestly on which suits your specific collection.

How quickly could my coins actually be sold at auction?

Far faster than a traditional house's 3–8 month wait — your consignment goes into our next scheduled auction rather than joining a long queue, and payout follows just 10 working days after the sale.

Is a Single Seller Auction right for my collection?

If your collection has a clear theme, strong provenance, or is simply large and coherent enough to stand on its own, an SSA can present it more powerfully to bidders than folding it into a mixed sale. We'll advise honestly on whether that's the right fit or whether a standard consignment suits you better.

What does my first consignment actually cost?

Nothing — your first consignment with us is entirely free of charge. After that, fees range from 0–10% depending on the consignment, with regular consignors and dealers eligible for rates as low as 0%, well below the 10–20% typical of the wider market.

Ready to consign your collection to auction?

We handle everything — photography, cataloguing, marketing, bidding, payment, and shipping — with no work required from you, a fraction of the industry's wait, and fees that start at zero for your first consignment.

Get in touch about consigning your collection

Prefer a direct sale instead? We buy outright too — or drop into our London gallery at Alfies Antique Market.