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Ok, If You Were To Sell Your Hoard, Would You Go Ebay, Ha, Here Or ?

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Pillar of the Community
UltraRant's Avatar
Norway
1358 Posts
 Posted 09/12/2016  06:31 am  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply

Quote:
I intend for it to be intact when I get "slabbed" and buried.


Isn't that more like getting slabbed, labelled and indefinitely placed with the rest of the collection?

Anyway, I'd stay away from pawn shops and coin shops and go for ebay for 'cheaper' stuff or maybe an auction house if you have an exquisite collection of high-end coins. Or just try to find someone who wants to buy your whole collection at once.
Bedrock of the Community
United States
20753 Posts
 Posted 09/12/2016  12:15 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Never even consider selling my coins. Someday they will all go to my Son who has no idea what coins are worth and will probably take the entire pile of coins to a bank. Imagine a 1916D Mercury dime in one of their counters.
Valued Member
NeoSpec's Avatar
Canada
192 Posts
 Posted 09/13/2016  01:44 am  Show Profile   Bookmark this reply Add NeoSpec to your friends list Get a Link to this Reply
Even though I've spent more on coins than I should have, in practical terms the cash value of my collection remains negligible, at best. My wife or brother might get more back on my $x for $x coins than the rest of it combined. Here's to hoping nobody is ever forced to unload it, and that it may be enjoyed for it's aesthetic and technical values for a long time to come! :)
Pillar of the Community
Saruma's Avatar
United States
968 Posts
 Posted 09/13/2016  11:33 am  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
edweather,

Wow! I didn't know coin sellers got it so cheap! I thought it was the standard 9% rate for everything, which is a whopping 1% off the non-store rates (free listings still make it worth it even though I sell in a 9% category). I did notice another difference for high end items (correct me if I am wrong). It looks like without a store the cap on sellers fees is $750 max per item, which translates into a sale of $7500 or more. With a store it is capped at $250 which would come out to $4200 or more. This is using the 10% fee for no store and 6% with a store. So it looks like there may be a compelling case for selling even higher end items on ebay since you'd pay less in fees than with an auction house.
Valued Member
Canada
127 Posts
 Posted 09/13/2016  1:53 pm  Show Profile   Bookmark this reply Add thrustie to your friends list Get a Link to this Reply
That is correct Samura. It's an easy choice to pay monthly for a store if you sell $600 or more in the coins and paper money category. Pretty much the break even just off FVF savings and like you said not mentioning 250 free listings. Another thing to consider if you were unloading a high value collection/items. Having top rated status combined with ebay promo periods will yield another 40% off the 6% fees. Usually when I sell bigger items, assuming the buyer doesn't want to deal outside ebay to begin with, it works out to about 3.5% ebay fees.
Edited by thrustie
09/13/2016 1:55 pm
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