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 Replies: 36 / Views: 5,611 |
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Bedrock of the Community
Australia
21788 Posts |
SuperDave:
I have a bronze sceat of Eanred, circa 840.
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Moderator
 United States
16679 Posts |
Only ever had one problem...all the rest positive ;-)
swcoin.ecrater.com
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Pillar of the Community
1028 Posts |
Quote:I've noticed exactly the opposite. Coins on ebay sell for consistently LESS than what price guides would suggest. I found the original comment strange as well. He cited FMV...that's the main price guide I use to just quickly "check up" on things. When I buy off ebay I cherrypick prices well below what I see in that or any other guide. Then when I sell, I will sell for a little below what it says. The only exception I've seen are certain modern (washington and roosies) silver coins. People are so stupid with those. They sell for way over what they're worth. It's made me dispise silver's high spot value. But yeah, I generally cannot realize FMV prices on about 4 out of 5 sales. That's fine, I still profit. |
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Pillar of the Community
United States
2044 Posts |
I buy from coin shops and ebay. I have noticed that ebay has coins either cheaper or more expensive that what I see on lists, say at numismedia.com. If I go to the coin shops and buy certain things, there is hardly no competition there. I can buy wheat cents from a large bin for 10 cents each and cherrypick those. Hardly nothing online can complete with that. Also, I can buy Indian Head nickels, 2 for one dollar. Indian Head cents also for one dollar and a few other things. But then again, some things are way more expensive at the coin shop. They had a small bin of Barber quarters for $18 each. I was like, no way. Edited by Gil-galad
11/19/2011 1:57 pm
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Pillar of the Community
United States
7840 Posts |
I have only had to return a couple of Mercs, the ebay picture was not telling the "in hand" story. I did not have any hassle returning them to the seller. Although I did have one that never showed up, ebay took care of that...after a month of hounding them. Edited by oih82w8
11/19/2011 2:13 pm
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Valued Member
United States
85 Posts |
I am extremely hesitant when it comes to purchasing online, over the phone or by mail order simply because I like seeing the coin before handing over money for them. One of the guy's at my coin club suggested I check out a local dealer who lists Lincoln wheat cents in coinage. I checked them out and they had BU and Choice BU Wheat cents from 1934 to present so I figured I would submit an online order for a couple and see how the quality was. I figured they were about a 45 minute drive from my home so worst case I'd just drive over and return them if they were not up to my standard. That was a year ago, since then they are the only online dealer I've used and every time we have a local coin show they are usually the first table I go to. their prices are good, and the quality of the coins they send are awesome! Most times it only takes them 2-3 days to fill and ship my order, the worst I've experienced with them so far was 2 weeks, the reason they said was with my order history and knowing my preference, one of the coins I had ordered they only had 1 and they didn't think it would suite me so they searched around their network and found one that they felt I'd like, so it took a little longer as they had to wait for it. Check them out if you'd like. I ordered my lincolns from 1940-1959 BU for somewhere under $100.00. The company is: "mcqueeney coins", you can just put those two words together and add a .com to it for their website.
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Bedrock of the Community
United States
20753 Posts |
Quote:At the ANA show in Chicago this year I checked every dealer handling the type of material I collect including a couple who specialize in it. Struck out completely. About two weeks ago I got a list from a specialist dealer just back from a buying trip in England. Struck out there as well. But every now and then something comes up at auction or on ebay. And that is one of the problems people find with coin shows. If you go to just one and the large ones like that one, your just a person, no one special, no one they know or care about. If you don't buy what they have, so what, they'll never see you again. Going to the really large coin shows does have some advantages, large selections but really high prices. Not great for negotiating since they'll never see you again. The dealers at those shows have to pay traveling expenses, loging, food, table rentals and on and on and on. I've heard some dealers pay over $500 per table at that show. Imagine how much profit they must make to cover all that. Going to smaller coin shows, you get to know dealers personally. If they travel to other shows in other places they could look for certain coins for you. I know they do for me all the time. I go to about 2 to 4 shows a Month and have gotten to know dealers that frequent them and have been able to actually place orders for some coins. At a coin show you get to meet other collectors, get items for less than anywhere on line, no postage, no insurances, no lost in mail, no NO RETURN policies, no wrong item sent, etc. I'll stick to coin shows all the time. |
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Pillar of the Community
United States
4085 Posts |
I buy from pretty much everywhere. I think you can be successful buying on ebay but you have to do quite a lot of work searching as well as learn what to look for to get things at the price you want. It's not like going to a store - there are going to be coins you want but they get bid up over your price - that's just how it goes. Lots of patience required and never buy without a return policy. No returns = no bid in my book. Coin shows can be really nice if you are looking for specifics and have your prices in mind. You also have to ask around for what you want as sometimes the good stuff isn't out on the table. The most recent show I went to, I could have probably filled my Lincoln album. I told one of the guys I was looking for early uncirculated red-brown Lincolns; the owner grabbed a box from behind the table and said "you'll probably want to look through these". The guy I was talking to said "I think he must have just bought a set from some one". I ended up with a really nice 31-D in 63/64 RB (I have been looking a while for this one) and a nice 1914 in 63 RB. If I had a couple grand with me, I could have finished the set - my wife disagreed though - don't know why - I bought her a nice breakfast at IHOP right before the coin show! I also found a nice 1918 for a good price and a nice 1940 from a bargain bin. But all of the silver was overpriced in my opinion and so I struck out there. So you never know what you will find or not find at a show. Coin stores are similar in that it is great to see the coins in person but stock is limited so sometimes you will walk out with nothing because they just don't have what you are looking for. I think you can collect using one or all of these sources successfully. Different sources required different techniques and you have to find what works best for you and your collection. |
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Pillar of the Community
1028 Posts |
emh, I'm glad that you've had a good experience with mcqueeney coins as far as quality and customer service, but let me tell you, they aren't really that good. It seems you have no basis for comparison as you haven't tried anybody else. At one point I have browsed probably over 50 different coin websites and ordered from about 10 of them. I can tell you that I've gotten good quality correctly described coins from all, but one. I won't name the one. I will say that mcqueeney coins is one of the highest priced stores I've ever seen. examples; 1958 AU roosie $5.50! not even BU, this is a coin most would sell for $3 tops 1927-D Fine buffalo $26! This coin is $7 in the fmv guide, and most wouldn't sell above $12 and since you mentioned lincolns; 1911-S XF lincoln $115! This coin can be had for $50 - $60 on ebay where you can see it. Mcqueeney coins is a total rip off. For your own sake, a simple google search will show you several companies that will sell you the same coins for much less. Good websites, quick shipping, sometimes good inventory, and the same quality coins. |
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Valued Member
United States
85 Posts |
hesgut
Thanks for your feedback. You are correct that I have little basis for comparison. You stated that you've ordered from 10 different sites with good results, could you share those sites (here or in a pm) so that I can check them out.
cheers
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Pillar of the Community
Germany
1064 Posts |
There is nothing like the buzz of a coin show. I have been to coin shows in Austria, Germany and the UK and I had never bought online before about this time last year, so when I turned up it was amazing, just being able to walk around for an hour just looking and then going to see what I could get. ebay can have a little hunting excitement, but sometimes it just gets annoying, the most fun I've had was with Notgeld where in a weekend I bought about 20, putting bids on, waiting for counterbids, ready to go to my max if it happened, never really did figure out how to put a max bid in without it coming up straight away! |
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Pillar of the Community
527 Posts |
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Pillar of the Community
1028 Posts |
emh,
I'd be glad to share some of my other opinions. You don't have a "pm/email" link, but if you get one up I'll pm you.
I don't think its entirely appropriate for me to start talking about all the different companies in this thread. I somewhat regret my inflammatory post regarding mcqueeny coins, but at the time I felt like I wanted to say something as I think they are really high in prices.
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Valued Member
United States
85 Posts |
hesgut,
no worries. Can't figure out where to setup the email/pm (I love this forum, but hate the user management interface :/)
You can email me at odious_98, at yahoo
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Pillar of the Community
United States
3540 Posts |
I am 300 miles from a coin shop or coin show any direction. So, I am relegated to buying online. I do NOT buy on ebay or use paypal. Both do nothing but add cost. I have been ripped off for $850 on Ebay/Paypal previously...so...they are no longer used. Of interest, there are two forums that I buy on and one dealer that I explicitly trust. I prefer to pay by postal money order. Cheap ($1) and easy to cash (just deposit in your checking/savings account). If lost, it takes some work, but they will make a refund. |
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Posted 11/18/2011 02:59 am
