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Question about selling on CCF

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Scooby Due
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Posted 03/14/2010  01:27 am  Show Profile Bookmark this topic Add Scooby Due to your friends list  Get a Link to this Message

I've never sold a coin before, anytime, anywhere. Not on EBay, here, or even to another collector. I've only traded a few with my local dealer.

My question is: If I list a coin here at CCF, is it uncool to just put up "make offer"? What if I have a coin that I don't really want to set a price for up front? I would not put it up for "feelers". If I put it up, it would go to the highest bidder.

And if it is ok (or acceptable) to put it up as on offer, what should be the time frame? I wouldn't put it up and leave it for months waiting on a "minimum", otherwise I would just put a price tag on it. But, I also want to give the listing at least some time for some offers.

I just want some feedback so that I don't just jump in there and do stupid things. As I've said, I've never sold before. Any input would be greatly appreciated.

I would like to hear what both buyers and sellers think. Then I will decide whether or not to venture into the selling arena.

As a side note, I would not ask for a paypal gift. I would pay the transaction fees.


Success is not the result of spontaneous combustion. You must first set yourself on fire!
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Metalman
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Posted 03/14/2010  01:34 am  Show Profile Bookmark this reply Add Metalman to your friends list  Get a Link to this Reply

The rules ask you to place a value on your sale offers here, through experiance we have found that value is in the eye of the holder of the coin and there is much less animosity among the members if they sell their coins for what they believe them to be worth or to sell them below market and below the owners expectations.

this also causes the sellers to do a little research and adjust to the market for any particuilar coin,grade, and type.

its all about knowledge. and practicing what is known to be true.


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Scooby Due
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United States
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Posted 03/14/2010  01:46 am  Show Profile Bookmark this reply Add Scooby Due to your friends list  Get a Link to this Reply

Thank you for the quick reply. That does make a lot of sense to keep peace in the family. I can see where that could be an issue.


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dreamstones
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United States
292 Posts

Posted 03/14/2010  08:40 am  Show Profile Bookmark this reply Add dreamstones to your friends list  Get a Link to this Reply

If you haven't already...take a few minutes and read the rules in the selling forum. They may answer some of your questions there. Still unsure...watch a few of the sales and auctions for a little bit. The best part is that if you want to try it there are no fees involved! If it doesn't sell...no harm, no foul and maybe a lesson learned that there is not enough demand for that coin or price is a little out of whack. The folks here are great and will be happy to answer questions before, during, and after the posting!

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AMFCook
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United States
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Posted 03/14/2010  10:18 am  Show Profile Bookmark this reply Add AMFCook to your friends list  Get a Link to this Reply

As a buyer, one thing I dislike is a seller who doesn't list a value of what they think their coin to be worth. I scan craigs list every 3 days(more new ads to look at that way), and find a lot of ads where the seller lists $1.00 or no value in their ad. I don't even bother to read those ads.


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trdhrdr007
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Posted 03/14/2010  10:40 am  Show Profile Bookmark this reply Add trdhrdr007 to your friends list  Get a Link to this Reply

If you want offers you have to put it in the auction section. Keep in mind that there is a limited market here. You have to set a starting price you are willing to accept because there is a chance you will only get one bid.

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Scooby Due
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United States
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Posted 03/14/2010  12:38 pm  Show Profile Bookmark this reply Add Scooby Due to your friends list  Get a Link to this Reply

Thanks for the feedback. I can see where setting a value is better for both sides.


Success is not the result of spontaneous combustion. You must first set yourself on fire!
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Parklane64
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USA
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Posted 03/14/2010  8:17 pm  Show Profile Bookmark this reply Add Parklane64 to your friends list  Get a Link to this Reply

For the record, this is the best dern limited market around.

Thanks, Ma and Pa!


And chocolate coins. If I ever get past that one problem, I'll collect them, too.
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