Where To Sell Large Coin Collection? - Page 2

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Author	Replies: 24 / Views: 3,073	Page: of 2

machine20 Pillar of the Community United States 1280 Posts	Posted 01/30/2018 1:55 pm Start putting up listings on ebay as buy-it-now. Even if you are a little high on price, the longer it's up, the higher the probability it will sell. Report this Post to the Staff
TheBurnz Pillar of the Community Canada 586 Posts	Posted 01/30/2018 2:14 pm Is 160 posts enough to post what you have for sale on CCF.. If so, it would be my first choice, then I would make an appointment with a LCD )Local Coin Dealer and get a estimate. Before all this the work will be to come up with a value for each item and a package value. Report this Post to the Staff
oriole Pillar of the Community Canada 5253 Posts	Posted 01/30/2018 2:25 pm The rule of thumb is: You put more time and work into selling=a higher price for you OR You sell it as a lot to save yourself time and effort=a lower price for you Edited by oriole 01/30/2018 2:26 pm Report this Post to the Staff
jbuck Moderator United States 189665 Posts	Posted 01/30/2018 3:56 pm Quote: Is 160 posts enough to post what you have for sale on CCF.. No, the threshold is 250 quality posts. Buy/Sell/Trade Rules Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 01/30/2018 5:30 pm I've discussed this with a few dealers at one of our many coin shows. They all agreed that if you were anywhere near a coin show, go there and ask around about your situation. Many dealers will gladly either go to you or you go to them with everything and either get an approximate valuation or an offer to buy it all. One dealer I talked to has a coin shop and he buys entire collections all the time. One nice thing about a coin show is usually many dealers to talk to about situations like this. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 01/30/2018 6:03 pm Quote: I'm sure I could get a larger amount if I took them apart and sold the coins separately but I think the time and effort might be too much. That's the trade off, you want more money, you do more work. Quote: Prepare yourself for a lowball value from most LCS. That's because THEY have to do all the work, and they have a lot of overhead they have to cover that he doesn't have too. And because a fair amount of the collection will be stuff that they already have plenty of that they already have capital tied up in. That means much longer before they can free up that capital, so they need more markup on it. They can't sell it for over market so the only way to get that extra markup is to buy LOW. Report this Post to the Staff
Joe2007 Pillar of the Community United States 3843 Posts	Posted 01/30/2018 6:31 pm I'd suggest getting several offers if you go the local coin shop route and try a coin show if possible since it raises the level of competition for your items. I've heard of several collectors that have sold through a local auctioneer and have gotten good results but you need to find one that charges reasonable commissions. If you can take great photos and handle all of the transactional details, ebay is going to be the best bang for your buck, although it will take the most effort. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 01/31/2018 4:00 pm The problem with trying to sell a LARGE collection at a show is the time it takes a dealer to go through it. He is going to be rushed so he will have to just skim checking for keys and then giving a low estimate to protect himself. Report this Post to the Staff
edjones New Member United States 5 Posts	Posted 02/01/2018 02:25 am So there's no service that aggregates different bidders for a large collection? Not ebay but like a private dealer version of it. Report this Post to the Staff
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