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Earning Money On Coins

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Valued Member
Russian Federation
270 Posts
 Posted 02/06/2021  11:48 pm  Show Profile   Check Slerk's eBay Listings Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
Thank you so much for your advice. I did as you suggested. I combined the coins of the USSR into sets for greater audience coverage, unfortunately, I can't do this with postage stamps now.
Valued Member
Russian Federation
270 Posts
 Posted 02/18/2021  04:57 am  Show Profile   Check Slerk's eBay Listings Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
I put up several lots of coins of the USSR (collections of 4 coins in one lot), but they do not have any views at all. Did I do something wrong ?
New Member
United States
33 Posts
 Posted 02/22/2021  02:26 am  Show Profile   Bookmark this reply Add TinyRetreat to your friends list Get a Link to this Reply
My experience is that one can make the most on coins by buying full collections. Keep what you love, sell the rest ... rinse and repeat. It is a lot of work to sell high numbers of coins in all formats.
Valued Member
Russian Federation
270 Posts
 Posted 02/23/2021  05:05 am  Show Profile   Check Slerk's eBay Listings Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
I was advised to sell coin collections. But I do not have all the denominations, and to sell one at a time I cut off a large part of potential buyers.
Pillar of the Community
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United States
4800 Posts
 Posted 02/23/2021  08:44 am  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply
@slerk, I just took a look at your eBay listings, and agree with the other positive comments posted by others.
One suggestion: I think some "theme" collectors might search on things like names of birds, boats etc. So if these were my listings, I would put "Outrigger Canoe" in the title for French Polynesia, "Cocoa Beans" in the title for the Ghana coin, "Lion Coin" for Georgia, and the type of bird on the COlombia coin in the title (or just "bird coin").

I also sell some modern world coins, and I think yours are priced fairly. My experience is that even at "rock bottom" price (like $1 plus change), they sit for a long time,and sometime collect a lot of views before they sell. Or, they never sell. Any coin with a slight blemish (spots, nicks) may be a problem with common modern coins.
Valued Member
Russian Federation
270 Posts
 Posted 02/26/2021  07:46 am  Show Profile   Check Slerk's eBay Listings Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
It happens that some positions are sold very quickly. The other day I sold 1 rupee to Mauritius 1990 2 days after I put it on eBay. I try to make low prices and only develop in this direction. So I'm happy for any advice.

Postcards are sold very slowly. What are the ways to increase sales (they must be free) ?
Valued Member
Lithuania
53 Posts
 Posted 02/26/2021  4:27 pm  Show Profile   Bookmark this reply Add Ezhik_Lt to your friends list Get a Link to this Reply
@Slerk
Currently I see some lots of 4 pieces random Soviet coins selling. By combining the coins I meant making a collection of like 1 kopeck to 1 rouble type sets. I don't think that four coins out of nine would sell as a set. Even combining like 1-5 kopecks or 10-50 would be a better idea.
I read your latest comments and got that I was totally wrong :) I thought you got a bucket of Russian or Soviet coinage you would like to sell but looks like you got only several coins with different denominations?


Valued Member
Lithuania
53 Posts
 Posted 02/26/2021  4:45 pm  Show Profile   Bookmark this reply Add Ezhik_Lt to your friends list Get a Link to this Reply
To be more precise - here are some examples of "sets" I got from "pocket change" or purchasing obsolete coins in a bulk at a flea market.
Please don't treat it as advertising, I picked up lots which are out of stock:
Estonia type set 5 centi to one kroon : https://www.ebay.com/itm/333792521660
Russia type set - https://www.ebay.com/itm/333811099085
Poland set - https://www.ebay.com/itm/333780020609
Valued Member
Russian Federation
270 Posts
 Posted 02/27/2021  08:30 am  Show Profile   Check Slerk's eBay Listings Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
You got that right. I don't have all types of coins, but only some of them. I put together the sets that you saw on eBay based on the copies I have. I will not be able to collect such sets as in the examples that you gave above. I think we need to come up with another sales tactic.
I also wanted to ask what topics are most in demand on the world market? What coins are worth putting up on eBay for a good profit and a quick sale.
P. S. I got sucked in this whole process. I did not expect such emotions and such interest in myself.
Valued Member
Russian Federation
270 Posts
 Posted 03/12/2021  08:32 am  Show Profile   Check Slerk's eBay Listings Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
I bought several Canadian coins for sale, as well as notgelds. We'll see how it goes, but the notgelds are already 2 weeks old and nothing yet. I think this is not the most popular market.
Bedrock of the Community
Australia
18587 Posts
 Posted 03/13/2021  05:45 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Be a coin dealer, put in the hard yards, take the business risks, and hope for the best!
Valued Member
Russian Federation
270 Posts
 Posted 03/15/2021  02:01 am  Show Profile   Check Slerk's eBay Listings Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
Thank you so much for your support. Now I am studying the demand in the market and trying new niches in the sale of coins
Valued Member
Australia
56 Posts
 Posted 03/31/2021  7:04 pm  Show Profile   Bookmark this reply Add drowning to your friends list Get a Link to this Reply
fistfulladirt so true :D
Valued Member
Australia
56 Posts
 Posted 03/31/2021  7:19 pm  Show Profile   Bookmark this reply Add drowning to your friends list Get a Link to this Reply
To make the most, it is worth narrowing down your focus so that you gain in-depth knowledge, rather than trying to cover everything.

Choose one country to focus on, then research which coins have low mintage, errors, etc. Check out more forums, keep an eye on prices on ebay, and look at websites dedicated to the country you are interested in.

For a starting point, you might want to go to https://worldcoinsinfo.com/world/ru...e-coins.html and get an idea of what different countries coins are worth.

If selling on eBay, with a free account your listings are limited, so go through and End Listing on your low value coins to replace them with higher value ones. If you plan to do a lot of selling through eBay, get the Basic Seller Account (monthly subscription) so that you get 600 listings per month + reduced final value fees.
Valued Member
Russian Federation
270 Posts
 Posted 06/18/2021  08:52 am  Show Profile   Check Slerk's eBay Listings Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
In general, I sold several of my lots, but the problem is that not all of them reach the buyer, this is especially acute with buyers from Canada and the United States. I send by simple letter without registration and for me it costs about $ 1. This is very little, but I have to return the money to the buyer in the event of a claim. And this is true.
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