►
video on the gold market
►
read gold educational program
►
gold price forecast
Selling a coin to Sberbank is not difficult - this is one of the most accessible services. At the same time, there is no need to waste time collecting information about collectors living nearby and rummaging through thematic forums. It is enough to obtain information about the types of rare coins currently being purchased by Sberbank. Depending on the region of residence and time, the list of monetary denominations purchased by the bank may change. It is impossible to predict exactly what exactly people will buy from the population tomorrow. This is explained by the fact that the bank is not always interested in the same type of coins. When a certain number of specific denominations are reached, bankers begin to buy others. That is why it is important to regularly monitor the updated list of purchased copies according to the data provided by the central banking office.
What coins can be sold to Sberbank?
They can be divided into two types:
- Popular and constantly in demand bullion coins made of gold and silver.
- Commemorative or gift precious coins made of precious metals that are in periodic demand (for example, for a holiday, anniversary or for a collection).
It will be possible to sell investment coins to Sberbank only if they were issued by the Russian Central Bank. It must be remembered that a banking institution constantly and willingly acquires only coins in excellent condition, minted from precious metals. For example, Sberbank will not buy a coin whose only packaging is damaged, or its price will be significantly reduced. The more time has passed since the issue, the higher its value will be, and it will be more profitable for the bank to deal with it. In such cases, when assessing, what matters is the presence and integrity of the packaging, appearance, absence of damage and defects. If the physical condition of the coin leaves much to be desired, then its price will depend on the volume and exchange value of the precious metal during the period of the transaction.
The second type includes post-Soviet coins issued later than 1991. Such banknotes are bought only after the announcement of the acquisition of coins indicating a specific denomination. They are characterized by differences in just a few parameters:
- By place of minting - MMD / SPMD (preference is usually given to the St. Petersburg Mint);
- At face value - it must be no less than 5 kopecks and no more than 10 rubles;
- By year of publication;
- According to the distinctive features of the coinage;
- According to the metals present in the alloy.
There is no permanent purchase list for commemorative coins; it is updated regularly. The most reliable information is published every day on the official Internet resource of Sberbank.
Prices for coins purchased by Sberbank change every day and are published on the website in the form of a table, where you can also see their quantity in different divisions. If there is a dash in the column with the purchase price, it means that this coin will not be sold to Sberbank today.
Almost always, Sberbank buys Victorious coins made of gold weighing 7.78 grams and silver weighing 31.1 grams, minted by the Central Bank of Russia at the SPMD or MMD mints. Sberbank will buy Golden George from you today for 22,000 rubles, and sell it for 29,880 rubles.
Sberbank will also be happy to buy Russian-made Olympic coins of the Sochi 2014 series: Leopard and Bear mascots made of gold 7.78 grams you can sell for 22,000 rubles, but you won’t be able to sell the same Bunny today, you’ll have to wait until it appears on the buying list again .
But you can buy all these gold coins at Sberbank for the same 29,880 as St. George the Victorious. So decide for yourself whether it is profitable or not.
The rules for selling coins to Sberbank have been published and are available to everyone on the institution’s website. There you can also find information about the availability of coins in departments and regions. You need to know that not every coin can be sold to Sberbank. For example, Sberbank does not buy foreign bullion coins or coins of Tsarist Russia. They can be sold on sites where dealers or collectors trade.
Historical information about the “Sower” gold coin
Initially (in 1923), almost 3 million “Sowers” were minted; they were intended not for investors, but for settlements with foreign governments and suppliers.
But such coins were almost never used for their intended purpose. Reason: foreigners most often refused to accept money with alien and aggressive symbols for payment. For example, calls for proletarians to unite were considered unconstitutional, etc. As a result, the Soviet government gave the command to replace the “Sower” with coins identical to the chervonets issued under Nicholas II. It is interesting that such products were minted in 1925, but other dates were put on them (1898), foreigners knew about the deception, but not a single case of refusal to take such money was recorded.
“Sower” is one of the 4 most popular investment coins. The rest are “George the Victorious” (silver, gold) and silver “Sable”.
Silver coin "St. George the Victorious".
Gold coin "St. George the Victorious".
Investment coin "Sable".
How to sell a coin?
It is worth remembering that you cannot hand over a coin to Sberbank every day. It is naive to think that by visiting any branch you will definitely sell it. Bankers announce in advance the start of purchasing banknotes of a certain type from individuals. Experts involved in assessing coins are also not available everywhere.
Sellers need to be aware of other nuances. Sale to a bank is possible only if certain conditions are met:
- The coin must be made of precious metal.
- The presence of physical damage reduces the price to the value of the metal based on its weight in the coin.
- If you sell less than 3 years after purchase, you will have to pay taxes.
- Traded denominations are valued daily, as are foreign currencies.
- To conclude a transaction, you will need a passport.
The process of selling coins to Sberbank may briefly look like this:
- Make sure that Sberbank will accept the coin you need for sale today. This can be found out by phone or on the website; check in which department the transaction can be carried out.
- You arrive and hand over the coin to an expert for evaluation (this happens on the same day).
- Having received the evaluation results, you make a decision - to sell the coin to Sberbank or look for another option.
- If the option is positive, you sign an agreement and finalize the deal.
- You receive the proceeds in cash or on a card.
Price issue
The actual value of each individual coin is determined by the value of the precious metal used to make it. The year of manufacture of such a product is also taken into account.
Coins from the “Zodiac Signs” series with a nominal value of 50 rubles, which are offered by Sberbank, can be purchased for approximately 13,500 rubles. Subject to the subsequent sale of such an investment product, the bank client will be able to gain about 115,000 rubles. As a coin ages, there is a tendency for its actual value to increase, so it is very important to keep a document indicating the date of purchase.
The cost of a product with a nominal value of 25 rubles will be slightly lower. Here we are talking about 5,500 rubles. It should also be noted here that if sold, the investment attractiveness of the product will decrease.
Sberbank is not the only financial institution that offers such a thematic direction for the design of a line of investment coins. Products depicting zodiac signs have been successfully minted by various enterprises around the world. Coins produced abroad can also be found on the Sberbank showcase.
When purchasing thematic investment coins, it is important to remember that the bank client is obliged to pay a value added tax in the amount of eighteen percent of the entire cost of the product. The only exception applies to the Zodiac Signs coins, which were issued by the Central Bank of the Russian Federation. This product variation is a good investment item.
What is the price for purchasing coins from citizens by Sberbank
You already understand that Sberbank, like any other bank, does not give the real price for the coin, openly underestimating the cost. The money you receive will be determined mainly by the condition of the coin. To get the best price, make sure the coin is in mint condition. We recommend that you read the instructions for coin buyers so that you know how to achieve this. The commemorative precious coin will also require a certificate and documents confirming its acquisition.
Sberbank may, unexpectedly for you, evaluate the coin at its actual cost per gram of metal. To prevent this from happening, it makes sense to inquire about prices on the secondary market - from dealers and collectors. The list of coins that Sberbank accepts and their value is adjusted daily. It is more convenient to find out current prices at the nearest branch. And in order to sell a particularly valuable or rare coin whose value exceeds 10 thousand rubles, get ready to contact the main office of Sberbank.
How much does Sberbank buy coins for?
Like any banking institution, the leading bank of the Russian Federation often underestimates the real price of rare items. This is the policy of all credit institutions. The usual average price is 5-10 thousand rubles. The maximum price he can provide is up to 30 thousand rubles. And that concerns the most expensive specimen - 1 ruble, produced in 2001, copper-nickel alloy, weighing 7.5 g. But this price of the specimen is in excellent condition. The slightest deterioration in the appearance of a coin sharply reduces its value. Almost the most decisive factor determining the price is the safety of the goods. The final conclusion on the purchase is provided by banking expertise.
In numismatics, there are certain rare specimens with features that significantly increase the prices of such specimens.
But the banking institution also accepts rarer and more expensive coins, the price of which can soar up to 10 thousand rubles. But such unique specimens are bought only at the central office and very rarely.
Let's sum it up
If you are interested in the list of coins being purchased by Sberbank this year 2019, first of all, collect all the necessary information about the procedure. A similar deal can be concluded in only 280 Sberbank branches throughout the Russian Federation. It is necessary to find out which branches are authorized to conduct such operations in advance. Information about this can be found on the official Internet resource or by phone. At the same time, you can ask about the current prices for coins and what is the current list of coins purchased by Sberbank.
Where can I buy
If you want to purchase Zodiac Signs coins from Sberbank, keep in mind that they are not sold in every branch.
It’s better to check if they are available by calling the hotline 8-800-555-55-50. Sberbank has a specialized store in the capital. It's called a precious coin boutique. This point of sale is located at Tverskaya Street, building 22. Here you can see coins of various subjects: sports, history, religion, art, horoscope, architecture. Buyers can view the full range in a special catalogue. Competent consultants should help you with your choice. You can get more information about investment products on the Sberbank website. Do not forget that upon purchase you must pay 18 percent VAT on the cost of the product. And only “Zodiac Signs” are an exception.
Is it possible to buy Sochi 2014 coins at Sberbank?
Unfortunately, these coins are not currently in the catalogue. You can only buy them on numismatic sites or gold sales portals.
Gold coins of Sochi 2014 of Sberbank: the price for them ranges from 18,500 to 23,500 rubles, for individual copies (such as Sochi Bunny or Sochi Mishka with 15.55 grams of pure gold of 0.999 purity) they ask for up to 41,500 rubles .
Coin of the “Sochi Bunny” series
25 ruble coin Sberbank had several issues:
- 2011. Coins depicting the Rosa Khutor complex: 9.75 million silver-colored (about 80 rubles ) and 250,000 copies of color printing ( up to 1,000 rubles ).
Sochi 2014 coin, popularly called “Sochi Mountains”
- year 2012. Coins with talismans: 10,000,000 regular coins (about 50 rubles ) and 250,000 colored coins (about 800 rubles ).
Coin "Sochi 2014" with mascots
- year 2013. A coin with the image of a torch, where the Olympic flame and the outline of the torch itself are highlighted in red-orange shades. They now cost no more than 500 rubles per copy.
Sochi 2014 coin with the image of a torch
How to store
Exclusive and anniversary models are of particular interest to investors and numismatists. Their circulation is low, which means we can count on their prices and importance to rise in the future.
Bargain purchases require proper storage. Do not touch them with your hands to avoid leaving fingerprints that are difficult to remove. It is best to store in transparent plastic containers in the form of capsules. Otherwise, the silver will quickly oxidize, and the resulting stains will be difficult to get rid of.
It is important to understand that it will be difficult to sell defective products even at a reduced price, and Sberbank, of course, will not agree to purchase used models with a damaged appearance. Purchasing such goods may be impossible.
On a note! You need to store coins correctly! It is important to understand that the appearance of defects and scratches will negatively affect the value and significantly reduce the significance of the coinage. In order for them to serve faithfully for a long time and not lose their original appearance, they must be stored under certain conditions: in special transparent packaging, without access to light and air.
