Advice Please For Minimum Bids At Gc For These Coins - Page 2

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Author	Replies: 21 / Views: 2,834	Page: of 2

Phaedrus29 Valued Member United States 228 Posts	Posted 03/18/2015 10:21 pm If interested, these coins are now listed at GC (that is, Great Collections and not Gulf Coast ;) ). Since there didn't seem to be any strong objections, I went with the starting prices I listed above. I posted the links to the coins here: https://goccf.com/t/215626 Report this Post to the Staff
pawpaw34 Valued Member United States 331 Posts	Posted 03/18/2015 10:46 pm Denco that was the best description I have ever read. Report this Post to the Staff
Night-Hawk Pillar of the Community United States 1002 Posts	Posted 03/19/2015 7:55 pm Since GC only has PCGS, NGC & ANACS graded coins they usually generate market prices, and they all hammer on a Sunday night each week. You won't get the fluctuations ebay has from lousy or juiced pics/descriptions. GC is a no-nonsense quality site, with very reasonable seller fees. GC recommends a bid start at 70% of market value to generate the most bids, (they will post that for you if you wish), in fact I don't believe they accept consignment bids starting over 80% of listed value. I am not sure what their Buy-it-now pricing policy is. -See the recommendations at the bottom right of their consignment form: http://www.greatcollections.com/for...aw_coins.pdf -Ron Edited by Night-Hawk 03/19/2015 8:05 pm Report this Post to the Staff
Phaedrus29 Valued Member United States 228 Posts	Posted 03/19/2015 8:41 pm Quote: GC recommends a bid start at 70% of market value to generate the most bids, (they will post that for you if you wish) Yes, this is their recommendation, although I ran into a little issue with this which I detailed in another thread. Their recommendation is 70% of market value, but it seems if they set the starting bids themselves they tend to err on the side of setting bids at plateau numbers that increase listing fees (yes very minimally). Ian accommodated me for these coins by allowing me to set my own minimum bids, which I appreciated. I tried to aim for 70% of value based on past auctions, or I just followed numbers that worked well on GC in the past. I realized that I actually considered 70% of the hammer price and not the final price including buyer's fee, but the numbers I came up with seemed close enough. Edited by Phaedrus29 03/19/2015 8:44 pm Report this Post to the Staff
Phaedrus29 Valued Member United States 228 Posts	Posted 03/29/2015 8:48 pm These coins finished up at GC...here's how we did including the buyer's fee: 1886 Liberty nickel G04: $137.50 1893 Liberty nickel MS62: $117.45 1904-S Barber dime F15: $108.90 1842 Half Dollar AU50: $249.70 1837 Half Dollar XF Cleaned: $77 1864 Two Cent AU Env Damage: $48 1871 Two Cent AU Cleaned: $116.96 1862 Silver Three Cent AU Cleaned: $79.20 1853 Half Dollar AU Cleaned: $220 Any thoughts welcome. Think we did OK and happy they all sold and are on their way to new homes, but I don't think anything did too stellar. Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 03/29/2015 9:19 pm Nothing jumps out as a rip for the buyer either. With so many problem coins in there you did okay I think (I didn't look up each piece). PCGS/CAC certified pieces that I "advertised" on a couple coin forums did very well for me at GC. You can't beat their fees - cheaper than ebay in some cases. ANA #R3154474 Report this Post to the Staff
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