Many collectors have in their stocks a huge number of coins of various denominations. Some of them, of course, will be a trade option for other fans when purchasing a missing copy. Everyone tries to replenish their treasury. For numismatists, certain coins have great value.
But if the number of coins is very large, what is the right way to deal with slow-moving species? Can they be of value to the state? What coins does Sberbank accept? This issue will be discussed in detail in the article.
The most valuable coins in modern Russia
As for the value of a coin that has gone out of circulation, it is determined by the undesignated denomination. Sometimes a cheap little coin is worth more than gold. If, for example, they were produced in small quantities in a certain year, and collectors, in pursuit of a non-existent copy in the collection, raise the price at auction, their cost will be very high. This treasure can be hidden in a table among coins or simply found on the street. Knowing the value, you can exchange it with friends or purchase it as a souvenir.
A sign of value is the coincidence of the denomination and the year of issue, since the circulation was not always large. Rare types that are valuable have significant dates of manufacture, they differ in types of execution. Because of defects, those coins that were issued with some kind of defect and came into use without going through the control system have value due to defects.
What does the price depend on?
The value of a particular specimen will depend on several components:
- appearance (safety),
- availability of accompanying documents,
- the uniqueness of the coin (i.e. how small a circulation they were issued),
- belonging to any series or collection,
- nominal value, as well as the cost of the material from which it was made.
As a rule, you can get no more than 5,000 rubles per coin from a sale, and it must be in good condition; the price tag is higher only for very rare gold options. Before contacting a bank branch, we recommend that you study the information on the Internet in order to find out how much collectors are offering for it; perhaps you will get much more from private buyers.
Features of purchasing coins by Sberbank
If a coin does not represent any memorable value for a specific person, but is valuable for the state and collectors, then it is possible to sell it. What coins does Sberbank buy? Everything that is valuable to the state.
One of the problems that can prevent you from selling a coin or an entire collection quickly is the inconsistency of purchases. There is not always a demand for a monetary unit of a certain denomination. It is not profitable for the bank to buy rarities in large quantities. Those wishing to sell stocks should monitor whether Sberbank is buying coins. Information is always available on the central office website. If the collection is bought in bulk, the price may be slightly lower, but by selling everything at once you can purchase a large sum of money.
Where to sell Sberbank gold coins at an expensive price in Moscow
You can sell a commemorative coin in several ways - hand it over to a bank, credit organization, pawnshop, but it should be taken into account that the price of a coin in these organizations depends on the current exchange rate and often the weight of the precious metal. When assessing, historical and artistic value is not taken into account here. You can also look for a collector who is interested in your coin, but this can take a lot of time.
If you want to sell a gold coin quickly and for a good price, the Kadashevsky Numismatist club will provide you with:
- Valuation of Sberbank gold coins online
- Professional assessment of the product in your presence without physical damage to the coin
- Redemption at the maximum cost and payment of remuneration on the day of application
- Physical and legal security of the transaction and confidentiality
The Kadashevsky Numismatist club buys gold commemorative and anniversary coins of Sberbank of Russia. The prices in the catalog on the website are indicative for informational purposes only. The final cost is determined by the condition, circulation and collectors' interest in the item.
If you have any questions about the valuation or sale, or if you didn’t find your coin in the catalogue, call the number or request a call back.
Exchange procedure
Sberbank of Russia buys USSR coins only from anniversary issues or those of value to the state. By following the sales announcement on the site, you can make a successful sale.
It is possible to exchange coins for banknotes at Sberbank. The bank is not obliged to do this, but if the client makes a request and such an opportunity exists, most likely the employees will help.
Coins must meet the requirements, have an appropriate appearance, and must be free of abrasions and dents. If the banknotes are unsuitable, the exchange may not take place. Refusing a client is not a violation. If the quantity is small, it is easier to exchange them in stores, where they will do it with pleasure.
People involved in numismatics can purchase anniversary offers on the bank’s websites at a set price per monetary unit of a given denomination and value. Can be purchased or exchanged from collectors. Bidding at an auction is very expensive. Not every fan can afford the cost of some copies. It is possible to purchase on online trading platforms.
The practice of exchanging coins of approximately the same value has existed for a very long time. If there are two identical monetary units in the collection, it makes sense to exchange it with a colleague for a copy that is not there. The main thing is that the exchange is fair. Numismatists communicate with each other on social networks, and deception can very soon ruin their reputation. An exchange is possible with collectors from other countries who are very often interested in rare coins and those made in the USSR. You should know the rules for sending monetary units by mail to avoid troubles.
How to buy gold through compulsory medical insurance
You can buy gold or other precious metal at Sberbank in the form of an ingot or open an impersonal metal account (OMS). When purchasing a gold bar, its price will include VAT in the amount of 18% of the cost of the goods. Many clients, in order to avoid paying tax, prefer to open a compulsory medical insurance and store gold in a bank vault. Compulsory medical insurance is opened and serviced free of charge. Initially, the account is opened for a period of one year with automatic prolongation, provided that the client has not expressed a desire to close it.
If the investor nevertheless decides to close an impersonal metal account, then he can receive funds in the amount equivalent to the value of gold on the day of closure in cash or in the form of an ingot, but in the latter case it will not be possible to avoid paying VAT. If you transfer funds into cash when closing compulsory medical insurance, the client will have to pay personal income tax (NDFL). You will need to report the additional profit to the tax office and pay personal income tax yourself.
Important! Opening compulsory medical insurance and storing gold in a bank vault is an additional guarantee of the safety and security of invested funds. Storing precious metals in a bank when opening a metal account is free of charge.
Monthly income with compulsory medical insurance is calculated based on the difference in quotes (at the beginning and end of the reporting period) with subsequent conversion into cash. If with a regular cash deposit the amount of profit from the deposit depends on the interest rate, then the income from investing in gold by opening an impersonal metal account depends only on the rise in prices for the precious metal.
Buying gold and opening compulsory medical insurance has its advantages and disadvantages. The advantages of this method of investing include:
- safety of funds;
- reliability;
- stability;
- constant rise in prices;
- obtaining predicted profits in the long term, etc.
The disadvantages of investing in gold include:
- inappropriateness of investments for a short period of time;
- the need to pay VAT when purchasing bullion;
- There is a big difference between the cost of a gram of metal when selling and buying back.
To invest in gold profitably, you need to monitor quotes and buy bullion when the rate is down and sell when it rises. Moreover, investments must be long-term, that is, for the long term (at least several years), since when investing in gold for a month or two, not only will there be no profit, but you can also incur losses due to the difference in sales and redemption rates.
The procedure for selling coins to Sberbank
How to sell USSR coins in Sberbank? Sberbank of Russia provides a diverse range of services, including the purchase and sale of valuable coins, as well as those made from precious metals. Some of them are of historical value.
You can carry out the sale through a credit company. Only adults can participate in financial transactions if they have the appropriate documents. You can sell only those options that have ideal quality and appearance. If the condition is satisfactory, the bank sets a negotiated price and the goods are sold as scrap.
Monetary units issued in the USSR and the Russian Federation are being purchased. The price largely depends on what material it is made of and whether the coin has historical value. Trading with Sberbank may not be as profitable as possible, but there is protection from scammers.
What can you sell to Sberbank
Today the bank buys only investment coins of its own issue, made of precious metals and produced in limited quantities. For this reason, after a few years their value increases, which is beneficial for the bank that will sell them.
Offers from Sberbank:
| Bank | % and amount | Application |
| Debit Gold many privileges | Thank you 5% + 30% of the purchase amount from partners 3000 rubles/year | Apply now |
| Premium card with big bonuses | Thank you up to 10% + a lot of privileges 4900 rub/year | Apply now |
| Simple debit if you just need a Sbercard | Standard tariffs, you can order your own design 750 rubles/first year, then 450 rubles | Apply now |
At the same time, it is very important that the product does not have any mechanical damage, because... Even if there is the slightest scratch, the organization has the right to refuse to accept it. If there is damage, and you are determined to sell the banknote through a banking company, then they will accept it from you at a price that will depend on the content of precious metal in this copy. Read more on this page.
Please note that rare, antique, Soviet-style, foreign and other coins are not accepted here! You have the opportunity to take them to a pawnshop or sell them to collectors through special online platforms.
Regarding commemorative coins: they are not valuable to the bank. They can only be accepted at actual cost, i.e. They will give you 10 rubles for them. You will get more only if they are made of gold.
Transaction cost
Financial transactions for the sale of valuable collectibles, carried out between interested parties, always have a corresponding percentage of the value of the transaction. It depends on:
- how the operation was performed;
- whether the transaction was urgent;
- what is the client's profit from the transaction.
It is recommended that all purchase and sale transactions be carried out with Sberbank of Russia. No matter how tempting the offers are - a high price and a good deal - it is safer to carry out sales within the state. You shouldn’t immediately set yourself up for a successful deal. An expert commission will examine the specimen and make a decision regarding the quality of the coin, and then its price.
What you need to know if you want to sell coins
The very first problem that awaits a person who decides to sell coins is that purchases have a certain frequency, so you need to follow the news. The purpose of Sberbank's search is constantly changing: so if in January coins from 2001 were in demand, then in February the purchase of coins from 2003 had already begun.
The reason is simple: as soon as a sufficient number of the required coins have been received, the search goals change and completely different ones become in demand. Therefore, it is so important to follow the news from the central office in order to accurately sell your collection to this bank.
The sale and purchase of coins is carried out in more than 800 different branches throughout the country, each person has a chance to sell collectible or commemorative coins to the bank, having previously learned the price from an employee.
This is the easiest and most convenient way to sell your accumulated copies, but be prepared for the fact that you won’t get much for them. The fact is that the bank makes wholesale purchases, as a result of which the real cost of copies may be somewhat underestimated.
Therefore, if you want to benefit from a transaction, you need to contact numismatists directly.
This is risky and will take more time, but you can get a lot more for your collection. And here the doors are always open, unlike the periodic purchase of coins by Sberbank.
How much money will they give?
It is worth noting that the amount offered to you will greatly depend on the condition of the coin. To get the greatest profit, it is necessary that the coin is in perfect condition, and there are documents accompanying it. The worse the condition - scratches, chips - the less you can get.
Important: for many it comes as a surprise that the bank accepts the product you offer not at the investment value, but at the actual price per gram of precious metal. Therefore, before going to the branch, you should find out if any collector will buy your copy at a higher price.
The cost of valuable coins that Sberbank of Russia accepts in 2021 is constantly changing; it is best to find out the latest information on the bank’s website or immediately come to the branch nearest to you.
How much can you expect?
Rare coins from 1997-2010 are purchased at a price that is determined based on a number of parameters:
- the mint that issued them;
- year of minting;
- denomination
A well-preserved appearance is of great importance. The prices for coins that Sberbank buys depend on whether they have any defects and are approximately equal to:
- 2 rubles of 2003 can cost from 5 to 10 thousand rubles;
- a five-ruble coin sells for 6 thousand;
- Rare coins from 1999 with a face value of 5 rubles are considered the most valuable due to the fact that the circulation was too small. They are ready to buy it from the seller for an amount of over 100 thousand rubles;
- anniversary coins of 2001 in denominations of 1 and 2 rubles will cost 30 thousand rubles each.
The average price of coins sold in 2021 is 1-5 thousand rubles, we can say that this trend will continue in 2021.
The maximum that Sberbank will pay for incredibly rare coins is only 30 thousand rubles, as noted above, the purchase is massive, which is why the corresponding price is set.
At various auctions, you can sell several valuable coins for a little more, but first you will need to prove their value and it is much easier to immediately take the piggy bank with you to the nearest Sberbank branch.
It is worth mentioning separately about coins with manufacturing defects and defects: 5 kopecks from 2002-2003 without marking the place of minting, non-magnetic 10 and 50 kopecks from 2007 and the anniversary ruble with Gagarin from 2001 (without marking the place of minting).
The price for them is determined individually. Please note that coins of 2 and 10 rubles from 1999 to 2010 are not valuable and you can get from 20 to 100 rubles maximum for them.
