Selling Collections

It depends on your cost.

All I can add is I'll give you an example...

If I bought an ICCS coin today, I'd most likely pay about 70% to 85% of trends.

If I had to sell that tomorrow, I'd get between 35% to 55% of trends.

Dear falcon,
For the last four or five years I have been dealing with the same problem. I have no heirs. My sister would be the poor soul who would have to deal with the accumulation of coins. We are both about 60 years old.

She KNOWS that my Barber dimes are very special, and that they should be sold only with the help from either the Barber Coin Collectors Society and/or the David Lawrence Rare Coins people.

The others? GONE or GOING!

Buffalo nickels? SOLD. Except for one: 1913-s type 2, in an ANACS slab. VG-8

Mercury dimes? Sold! Not one but TWO complete collections.

Washington quarters? SOLD! Except for a 1932-d, in an ANACS holder. VG-8

Indian cents? To be sold. Except for an 1877, AG, in the holder.

LESS is more, and the less that my sister has to learn the more that she will profit from the "FAMILY'S" collection [three generations.]

But, what if the reverse comes to be true:
Suppose my sister dies before I do?

Well, I SELL. AND FAST!
Her husband, a kind soul but no brains for money, has no clue and chooses not to learn. Once I asked him, "Kevin, you collect Beatle's stuff. If you die I have no idea what is good and what is not. Pick out about ten items that you know to be special and teach me."

Well, my request fell on deaf ears.

At least, falcon, such important topics can be discussed here in this forum.

Good luck to us all.

Thanks to everyone so far, there have been a lot of good ideas.
I think for my self I'm going to need to do a lot of work
I think to start I will need to down size considerably, start by changing my collection to quality instead of quantity.
Next I tried the idea of scanning and printing a page out of one the binders, worked great then I just wrote the price they are selling for on ebay and then put the page in the front of the binder.
That should at least make anyone in the future stop and think before they PAWN ! My treasures

Now the hardest part ...... finishing the job lol

and btw matthewvincent...

if you need an heir I just recently put myself up for adpotion

Best thing is when you turn 65 sell ... then collect in moderation with frequent turnover. Stacks/Bowers or Heritage to liquidate. Only 50,000 people in the U.S. subscribe to Coin World. That's the size of a medium size town ... unless you are a DMB'r ... whatever ... wishful thinking ...

Just recently I saw a couple bid on a storage unit and the coins inside were amazing. Many in protective casing and you could tellsomeone cared.

They called in someone who offered $3000 for the lot....it nearly broke my heart because the young couple just did not know any different.

I dont plan on giving up my collection any time soon. But I am trying to get my collection very focused and organized so that it is relatively compact and easy to deal with. If one of my daughters decides to keep it even if she is not that interested, it won'e be a big hassle and she will know exactly what she has got. I am getting rid of all the bulky mundane stuff. In the last year, I have probably sold off 50 kilos of mundane stuff on ebay, kijiji and through other means. But can't help myself! I just bought 19 rolls of cents yesterday......

The newest CCN has an article about this exact topic. Your options are: "public auction or mail bid sale, outright sale to a dealer or collector, self-liquidation through an advertised sale, or consignment to a dealer for retail sale." With auctions you will not see your money very fast as it takes months to submit a lot and months to receive your cheque. The best avenue is to list an ad, in my opinion. (Article by Peter Mosiondz, Jr.)