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Selling Pennies On Ebay

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carleroo's Avatar
Canada
155 Posts
 Posted 03/02/2012  8:18 pm Show Profile   Bookmark this topic Add carleroo to your friends list Get a Link to this Message Number of Subscribers
I have quite a few rolls of (Canadian) pennies in uncirculated condition. I'm wondering id it would be better to "batch" them, selling a bunch of them as a lot, as opposed to trying to sell them individually.

Any recommendations?
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oih82w8's Avatar
United States
7840 Posts
 Posted 03/02/2012  9:18 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I am about to do something similar, sell some modern coins (cents, nickels, dimes, quarters, half Dollars in mint packaged cello) on ebay, and I am going to break them into year sets 1968 (P,D,S), 1970 (P,D,S), etc... Looks like the ones I placed on the CCF Auction did not do very well at all. You would have a wider audience on ebay, might be worth the fees incorporated with the sale though.

Then again; individual coins may bring more "bang for the buck".

Success!
Edited by oih82w8
03/02/2012 9:19 pm
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Americanamafia's Avatar
United States
672 Posts
 Posted 03/02/2012  9:42 pm  Show Profile   Bookmark this reply Add Americanamafia to your friends list Get a Link to this Reply
If they are low value coins the paypal fees 30c + 2.9% really eat into your margin if you only make $1 or 2 on each item. I would group them in small lots of diffrent dates like oih82w8 suggested.
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carleroo's Avatar
Canada
155 Posts
 Posted 03/05/2012  9:35 pm  Show Profile   Bookmark this reply Add carleroo to your friends list Get a Link to this Reply
Thanks for the advice. I think I will group the pennies into small lots. This will also mean less trips to the post office, and less time taken up with doing all the adminsitrivia (letters, postage, etc.).
Does this make sense?
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