Anyone Ever Liquidated Their Collection? - Page 2

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Author	Replies: 22 / Views: 4,175	Page: of 2

jdiablo30 Pillar of the Community United States 946 Posts	Posted 05/12/2015 06:24 am I saw someone say Ebay/Paypal isn't 15%. Right off the bat it is 10% from ebay and I think 3.5% from Paypal. Then whatever hidden fees they attack you with. You are looking right around 15%. When I sell something on ebay. I add 15% to whatever I bought it for to be able just to break even! Do what you feel is right, and what is going to bring you the most bang for you buck. Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21786 Posts	Posted 05/12/2015 06:46 am I know from experience that the longer that you spend in your own time and effort to liquidate your collection, the more you will get for it. I took six months to complete the liquidation my first collection. Report this Post to the Staff
peaece13 Valued Member United States 246 Posts	Posted 05/12/2015 07:52 am My 2 cents is the ebay route if you have the time and the inclination. Fees can be lowered a bit by looking into a monthly store plan, and cancel it when you are done. Below are some example of how fees can work out on a coin auctioned for $30 using the calculator at http://www.newlifeauctions.com/calc.html 1. Without a store plan 2. With a basic month to month $19.95 store plan 3. With store plan, reduced final value fees, and reduced pay pal fees. Report this Post to the Staff
Numisma Pillar of the Community United States 4963 Posts	Posted 05/13/2015 02:02 am I agree with ace_ftw. If you have the time and patience, sell straight to collectors instead of through ebay, which will charge fees, or to dealers who just want to make a profit. But, if I were you, I'd keep some of your favorites, or whatever you can afford to keep. Report this Post to the Staff
CopperCastle Pillar of the Community United States 1132 Posts	Posted 05/13/2015 02:39 am Depending on the size of your collection & your free time...renting a booth @ a local flea market may prove valuable. Then again consigning to an established dealer will allow you to price as you wish with little time invested. I frequent a local antique mall & there's ALWAYS 4-5 numismatic consignment cases. I bring cash as there's typically a percentage discount vs. plastic. I've noticed whatever cases I purchase from tend to have new items the following weeks. The (overpriced) cases I avoid seem to always be gone when I return. Report this Post to the Staff
RedRaider Pillar of the Community United States 1018 Posts	Posted 05/13/2015 10:41 am So here is an update, I think I am going to consign a good bit with the expert in the series where most of my coins are. Rick Snow will be getting a good bit of the best stuff. He will get top dollar for them and his fees are not outrageous, would be about the same as an ebay store after ebay/paypal fees. (10% or so on the top coins) I will have a good bit listed on the ebay store though, things that Rick wont be able to get top dollar for. To give you an idea of what is going to be sold, the 12th ranked NGC Indian Head cent registry, with a huge number of scarce and popular varieties in MS. There are some other things that Rick wont be able to sell for top dollar (liberty nickels, 2 cents, etc....) http://coins.www.collectors-society...&Ranking=all Some of the varieties have no coins graded higher. Even the 1870 in my set is a pop 1/0 with NGC for the color designation and the only one stickered by cac for the grade. The 1877 is absolutely stunning for the grade in an old NGC holder. Would not be shocked if it grades higher with a resubmission. I have a dansco 7070 that has A LOT of UNC coins as well.....those will likely be listed on ebay. I'm guessing there is $10K in the album not including the gold page. It pains me to let these go, as its been a project years in the making, but I would rather have the money to put a large down payment on a house than have these coins locked up in a deposit box at the bank where I cant really enjoy them. A lot of the varieties were cherry picked, so hopefully that will offset the costs of selling. I appreciate everyones feedback. I will keep everyone updated with my experience throughout the process. Report this Post to the Staff
Tbone Pillar of the Community United States 1839 Posts	Posted 05/13/2015 10:53 am Sounds like you have a good plan. I like the idea of working with Rick Snow. Don't forget to post links here when you have them online so you'll have more exposure with the forum folks. http://www.coincommunity.com/forum/...?FORUM_ID=89 Report this Post to the Staff
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