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Poll: Where Do You Buy Your Coins From?

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Author Previous TopicReplies: 35 / Views: 5,065Next Topic
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Valued Member
silverdollar2011's Avatar
United States
385 Posts
 Posted 01/31/2012  2:24 pm Show Profile   Bookmark this topic Add silverdollar2011 to your friends list Get a Link to this Message Number of Subscribers
Hey guys, I used to sell world coins, and common wheat pennies on ebay until I realized the final value fees that I accumulated which easily exceeded my profits, not to include paypal fees, shipping fees and all of that. I'm doing this as a college student to help pay out my debt and needs an alternative place to sell other than ebay.
The question of the day is "what online marketplaces/shops do you shop at for coins"?
Thanks in advance!
- Michael
Pillar of the Community
upstate's Avatar
United States
3278 Posts
 Posted 01/31/2012  2:37 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
I always try to buy from here first, but I do buy from ebay also
Valued Member
ljenkins990's Avatar
United States
406 Posts
 Posted 01/31/2012  3:03 pm  Show Profile   Bookmark this reply Add ljenkins990 to your friends list Get a Link to this Reply
I use ebay most of the time, although I've learned to use caution after a couple of bad experiences. I only purchase now from top-rated sellers, and I've put together a personal list of dealers that I've come to trust through the quality of the service I've received.
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jbuck's Avatar
United States
187629 Posts
 Posted 01/31/2012  3:04 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Coin shows are my first choice. I feel a need to see a coin in hand before buying it.

I have been tempted by many of the coins offered on CCF. It is only a matter of time before I eventually buy something here.
Previously Banned Member
coinvet's Avatar
107 Posts
 Posted 01/31/2012  3:29 pm  Show Profile   Bookmark this reply Add coinvet to your friends list Get a Link to this Reply
Coin shows, coin shops and auction houses where I can see what I am buying and others can see what I am selling. I buy sometimes on ebay, but I limit it to mint rolls and unopened mint sets and I only buy from sellers who have excellent ratings. I sell on ebay but only about 5% of my selling is on ebay. Through ebay and coin shows, I have met many buyers who appreciate the quality of my coins and my service. After their initial purchases, we usually deal with each other directly through personal email and Paypal. I can past the savings on to the buyers and they are very happy. Happy buyers are repeat buyers. This is true for me as a buyer and as a seller.
Pillar of the Community
oih82w8's Avatar
United States
7840 Posts
 Posted 01/31/2012  4:10 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
It would benefit the CCF to buy from it's members, no eBay/Paypal fees, usually good prices, and the flexibility of dealing one-on-one with another collector versus a internet dealer.

I do purchase the bigger majority from ebay though, wider variety, but it can be chancy. Look for someone with an excellent feedback rating and more importantly a return policy. I would be very skeptical of someone who has a "no returns policy".

I have not been to a coin show in forever...I'm looking for one (relatively) close-by.
Edited by oih82w8
01/31/2012 4:13 pm
Pillar of the Community
mcshilling's Avatar
Canada
9150 Posts
 Posted 01/31/2012  4:29 pm  Show Profile   Bookmark this reply Add mcshilling to your friends list Get a Link to this Reply
So far I have bought here CCF and from an estate house auction.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 01/31/2012  8:55 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
OTC, ebay.
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wquinn's Avatar
United States
2295 Posts
 Posted 02/01/2012  12:34 pm  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply
I usually buy from ebay, since most dealers don't carry what I'm interested in. Plus on ebay, you have a greater selection with competition. I have 2-3 coin shows a year that are about 35 miles from me, so it isn't too far, but the dealers generally have common items that I'm not interested in. They won't bring their better stuff with them for security reasons and plus it is a lot of stuff to bring, if not many people are interested in them.
Pillar of the Community
CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 02/01/2012  12:46 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
I have a hard time getting to coin shows, and haven't found many good local shops, so I'm kinda stuck with shopping online. I've sent back a lot of coins I've gotten off of ebay, but I've gotten some good stuff too. It's hard to get a good deal though. I've also shopped at Heritage and Teletrade. I have gotten a few coins from CCF members also.
Edited by CaptainFwiffo
02/01/2012 12:47 pm
Valued Member
silverguy's Avatar
United States
109 Posts
 Posted 02/01/2012  2:05 pm  Show Profile   Bookmark this reply Add silverguy to your friends list Get a Link to this Reply
I have a local coin shop and a Antique store that I buy from. My Antique store will sell me 90% coins at very near spot, cash no tax. (except for Morgan and Peace dollars $2.00 premium over spot. My collector coins I go to my local coin shop, unless the Antique store happens to have a good deal.
Pillar of the Community
littlemoney's Avatar
Canada
902 Posts
 Posted 02/01/2012  2:35 pm  Show Profile   Bookmark this reply Add littlemoney to your friends list Get a Link to this Reply
No dealers, coin shows within 100 miles, so it's ebay.
Valued Member
texfischer's Avatar
United States
126 Posts
 Posted 02/01/2012  6:50 pm  Show Profile   Bookmark this reply Add texfischer to your friends list Get a Link to this Reply
I almost always buy mine from my local shop, and a really good one at that.
New Member
1lostcoin's Avatar
United States
24 Posts
 Posted 02/05/2012  12:34 pm  Show Profile   Bookmark this reply Add 1lostcoin to your friends list Get a Link to this Reply
I mainly been buying from ebay. I have been rethinking about buying from ebay though. It might be me but it seems that you don't get the deals on ebay like you use to get. Most prices start out higher than what book price are and then you have to add in shipping. I been seeing where people are overpricing shipping and handling to make up profit. ebay does not get percentage of shipping and handling costs.

I would buy from CCF but I do not have enough posts yet, but I will as soon as I do.

I didn't care for the local coin shops. Because I wasn't spending hundreds of dollars at once so they didn't want to take time to help.

There is a brand new guy that buys and sells gold and coins. I went in and started talking with him and he sells me silver coins a melt price. I have been getting my Mercury dimes from him. Since he is new he has a limited stock of coins.

I would love to find a good online coin shop to deal with or someone directly would be cool too. If you you know of someone could you please let me know. Thanks for the help.
Bedrock of the Community
United States
20753 Posts
 Posted 02/05/2012  3:02 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
From what I see on ebay, I could never, ever buy from there. Of course I have about 3 coin shows withing 15 miles of me, each one once a Month, all year long. Also, have several flea markets withing a few miles and coin dealers there too. Just could never buy a coin from a on line dealer since can not see the real coin, hand look at the actual coin, pay for all that shipping and postage and stuff. At a coin show I can haggle the price, not try to out bid some make believe possibly non-existant person.
At a coin show you get to know dealers, meet other collectors, usually pay nothing to get in, no parking fees, no postage, no insurances, no lost in mail stories, can sit and study a coin and haggle the prices down.
Bedrock of the Community
United States
20753 Posts
 Posted 02/05/2012  3:21 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Just realized that if this was supposed to be a poll, shouldn't there have been little boxes with places next to them for voting?
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