Can You Sell Coins on Facebook Marketplace?
Yes, technically sometimes you can sell coins on Facebook Marketplace, but you have to be careful because selling currency as currency is strictly prohibited.
Meta's Rules for Commerce Prohibits Selling Coins
No monetary instruments or currency are allowed to be sold on Facebook Marketplace. The official guidelines across Meta platforms prohibit the sale of "Real money (cash or cash equivalent instruments and coins)."
This policy is ostensibly in place to prevent the sale of counterfeit money or the laundering of other financial instruments.
However, if a coin is being sold explicitly for its collectible value (numismatic value) or its bullion value (melt value as precious metal), then it should be fine. Yes, these items are still legal tender, but they are not intended to be used as money. Their value either comes from being precious metal or an antique. Marketplace does allow listings under those categories.
Morgan silver dollars are some of the most common coins that people sell.
Nonetheless, several Marketplace users have reported that attempts to sell currency (which legal tender coins technically are) can be flagged and removed. Some users have reported their legitimate coin listings are still being flagged and removed due to the rule against selling "monetary instruments or currency." This suggests that Facebook's automated systems might not always distinguish between collectible coins and current legal tender being sold at face value.
There isn't clear, official documentation from Facebook elsewhere that specifically addresses the nuances of selling collectible coins. This lack of specific guidance is the reason this has become a problem in the first place.
The Right Way to Sell Coins on an Online Marketplace
There are a few things you can do to ensure that your coin listing is compliant with Facebook Marketplace's guidelines (even if they are vague).
When describing your coins, emphasize their numismatic value, rarity, condition, and historical significance rather than just their face value as currency. This should signal that the item you're selling is collectible in nature.
Clear and specific language in your listing may protect you from running afoul of the automated moderation system. You should probably avoid terms that might trigger the "currency" prohibition. Instead of naming your listing, "US penny," you could be more specific, such as, "1945 Lincoln Wheat Penny."
The Best Place and Way to Sell Coins
Your local coin shop will have a better understanding of the collectible coin market than any algorithm or platform. Instead of using Facebook Marketplace or something similar, you should sell your coins to a professional coin dealer.
Follow the link to sell your coins to Gainesville Coins! We are always buying coins so long as they are made of gold, silver, or another precious metal.
Read more about buying and selling coins from the experts at Gainesville Coins:
How To Sell Coins (Don't Trust AI, Read This Instead)
How To Sell Coins Without Getting Ripped Off
How To Sell Silver Coins For Profit: Guide and Best Practices
Buying Silver Buffalo Rounds: Guide to Getting the Best Bargain
How To Sell Silver Bars (Trust the Experts, Not AI!)
Everett Millman
Everett has been the head content writer and market analyst at Gainesville Coins since 2013. He has a background in History and is deeply interested in how gold and silver have historically fit into the financial system.
In addition to blogging, Everett's work has been featured in Reuters, CNN Business, Bloomberg Radio, TD Ameritrade Network, CoinWeek, and has been referenced by the Washington Post.