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How Would You Price Out Coins To Sell On Forums Like This?

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Pillar of the Community
United States
4469 Posts
 Posted 04/03/2018  11:18 am  Show Profile   Bookmark this reply Add Slider23 to your friends list
I would use ebay sold less 7% as you are not paying ebay selling fees.
Valued Member
United States
175 Posts
 Posted 04/03/2018  11:48 am  Show Profile   Bookmark this reply Add jafo50 to your friends list
For raw lower value coins that I'm selling to forum members I use NumisMedia FMV price guide and discount that price by 10 to 20 percent depending on the coin.

On ebay I'll search the "Sold" transactions to get a ballpark figure as to the price the coin actually sold for. This is hit and miss so I tend to use the higher auction "sold for" price as my guide. You can always relist at a lower price if the coin doesn't sell. Don't forget to factor in the appx. 13% ebay and paypall fees.

I've had the most success selling to forum members. There's a certain level of trust that that you don't get on ebay. Plus you can communicate by phone without breaking some ebay rule.
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189340 Posts
 Posted 04/03/2018  12:17 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I sort of gravitate towards sites like Numismedia.com (but I don't have a premium subscription, so I'll only see collector's values).
This is where I look first and agree, it is a retail value. When selling, expect to get less.


Quote:
Right here is a free way to sell.

Do your own reduction auction.

Put a batch or individual coin up, place a reasonable price. If it doesn't sell, keep reducing the price until it does.
Sounds like a good plan to me.

Does that 7070 have the Seated dollars? Asking for a friend.
Pillar of the Community
United States
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 Posted 04/03/2018  12:49 pm  Show Profile   Bookmark this reply Add Prethen to your friends list

Quote:
Does that 7070 have the Seated dollars?


The 7070 is complete so all coins included the Seated dollars are in there. There will likely be a handful of coins that I will (try to) get slabbed including at least one of the Seated dollars (the 1846 [XF/AU]) and the other probably not...(an 1871 [XF I think]). I plan on definitely advertising on the BTS on this site.

I didn't want to turn this thread into a pseudo-sale thread and this is not the appropriate place for it. Also, I'm still procrastinating like crazy on doing this, so I can't guarantee a timeline. I've had this collection pretty much the same for the last 20-30 years and it's really hard to part with anything, but I know I really need to and my plan to start executing on this is "soon".
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United States
1533 Posts
 Posted 04/03/2018  1:28 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list
What state are you in? It may be helpful to direct you to someone. If the coins can be seen, and graded, a number of us can easily assign prices.
Pillar of the Community
United States
3234 Posts
 Posted 04/03/2018  2:26 pm  Show Profile   Bookmark this reply Add Prethen to your friends list
Thanks Andrew for the suggestion.

I'm not so much looking for specific pricing on each coin but rather a decent source of pricing (and suggestions like those above noting some sort of discount off of what's likely full retail pricing). I've been pretty good about pricing material in general, but usually that's when I had access to fairly recent Greysheets. They're too expensive now to keep buying so I'll do that once I have some amount of material that I've set aside for sale and is in the over $100 realm.

I'm happy to communicate location details with those that have an interest in the material that I post and I'd be more than happy to meet people if local.
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 Posted 04/03/2018  4:25 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I didn't want to turn this thread into a pseudo-sale thread and this is not the appropriate place for it.
Agreed. I do thank you for heading it off before it got sideways. I also thank you for answering the question.


Quote:
Also, I'm still procrastinating like crazy on doing this, so I can't guarantee a timeline.
Most definitely take your time. No need to risk remorse. I might even try to convince you to not breakup/sell the 7070. A completed one is quite an accomplishment.
Pillar of the Community
United States
3234 Posts
 Posted 04/03/2018  5:25 pm  Show Profile   Bookmark this reply Add Prethen to your friends list

Quote:
I might even try to convince you to not breakup/sell the 7070

It's been complete for about 20 years or so. And, yes, it pains me to think about breaking it up, but I also recognize there's very little chance I'll get fair value trying to sell it whole. There have been several coins over the 20-30 years that have target-toned quite nicely from being just white coins. Those coins will be particularly difficult to evaluate for sale and trying to find someone who might appreciate that. If I recall, both of the BU Buffalo nickels got that subtle target toning. And, slabbing that type of stuff isn't worth it due to those fees alone.
Valued Member
United States
338 Posts
 Posted 04/03/2018  8:27 pm  Show Profile   Bookmark this reply Add nutmeg to your friends list
I used to buy from a dealer who used Coin World values. He looked up the value for the grade of the coin' then bumped it down one grade and used that value. So if a coin was a G-6 he sold it as a G-4. That seemed to work out pretty good.
Pillar of the Community
United States
3540 Posts
 Posted 04/03/2018  8:48 pm  Show Profile   Bookmark this reply Add acloco to your friends list
I use PCGS price guide, but click on purchase option - look at both sides of this. One side is current ebay auctions. The other is dealer inventory.

Next, ebay is your friend....search SOLD items and use that as a guide.

Pillar of the Community
United States
3540 Posts
 Posted 04/03/2018  10:52 pm  Show Profile   Bookmark this reply Add acloco to your friends list
Also of interest, local coin club would be my first option.

Need to know the value, as you have already requested help with, and sell or open for offers at the club. No shipping. Cash in hand. Done deal.
Bedrock of the Community
United States
20753 Posts
 Posted 04/04/2018  08:07 am  Show Profile   Bookmark this reply Add just carl to your friends list
I never sell coins so not sure exactly how. But if I were to sell coins on this forum, I think I'd simply ask for a price from the buyer.
Pillar of the Community
United States
2335 Posts
 Posted 04/04/2018  2:15 pm  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list
Been a long time since I've posted. Sorry to hear you are considering breaking up the 7070. At the same time I'm still working on mine so looking forward to possibly seeing some of the coins come up on the forum. Before I left the forum I bought & sold a few coins here. When selling I looked at ebay prices for guidance and would back out the fees they charged (currently 10%). At that time most people that were serious about selling did the same or split the fee savings with buyers. I always figured the coins were going to a good home, I'd lose the fee if I sold on ebay anyway, & I got some really good deals from other members.
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Pillar of the Community
United States
3540 Posts
 Posted 04/04/2018  5:26 pm  Show Profile   Bookmark this reply Add acloco to your friends list
Welcome back trdhrdr007!! Great suggestion!!
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