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To Sell Or Not To Sell(On Ebay)?

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Author Previous TopicReplies: 8 / Views: 1,750Next Topic  
Valued Member
jlgaudlitz95's Avatar
United States
280 Posts
 Posted 11/20/2012  9:18 pm Show Profile   Bookmark this topic Add jlgaudlitz95 to your friends list Get a Link to this Message Number of Subscribers
I have a 1896-O Morgan dollar in EF I was thinking about selling on ebay. My RedBook says that it's worth about $43, but most are going for only $30-$35 on the Bay. I would sell it to my usual coin dealer, but he's only interested in silver value. Where would you recommend I sell my coin for the best price?


To-Sell-Or-Not-To-SellOn-Ebay?

To-Sell-Or-Not-To-SellOn-Ebay?
Pillar of the Community
oih82w8's Avatar
United States
7840 Posts
 Posted 11/21/2012  08:14 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
You need to take into consideration the fees that ebay and paypal take in as well. You may be better off selling to your dealer, then again people do some pretty crazy bidding on ebay...on occasion.
Edited by oih82w8
11/21/2012 08:14 am
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 11/21/2012  09:30 am  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
Yeah, sometimes on ebay, as the seller if you list it properly, you can definitely get lucky.
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jerseyben's Avatar
United States
1211 Posts
 Posted 11/21/2012  10:18 am  Show Profile   Bookmark this reply Add jerseyben to your friends list Get a Link to this Reply
I have done well selling coins like this one on CL. Set a price and stick with it. Someone will buy it.
Valued Member
jlgaudlitz95's Avatar
United States
280 Posts
 Posted 11/23/2012  10:35 pm  Show Profile   Bookmark this reply Add jlgaudlitz95 to your friends list Get a Link to this Reply
Thank you all for your input. I'll try CL first, and if it doesn't sell, I'll try ebay.
Happy Hunting!
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murrellington's Avatar
United States
3276 Posts
 Posted 12/04/2012  05:20 am  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
If I were you i'd leave it on craigslist. You'll get more there than your dealer, and more than ebay for this one probably. If this coin sold for $35 on ebay, then after paypal and ebay fees you would only get $30.53. If it took you $3 to ship then your total profit would be $27.53 on this coin. Don't do ebay for coins that don't have numismatic premium. That is my rule of thumb. Craigslist will be your best bet.
Valued Member
Coin Addict's Avatar
United States
110 Posts
 Posted 12/14/2012  10:11 pm  Show Profile   Bookmark this reply Add Coin Addict to your friends list Get a Link to this Reply
Have you thought of listing it here and giving us a crack at it? At any rate, I hope you get your price.
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vermontensium's Avatar
United States
16679 Posts
 Posted 12/15/2012  01:15 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
He doesn't have the required 250 posts yet to sell here.
If you do place on ebay, make sure to list your terms exactly so there are no surprises to the buyer.
swcoin.ecrater.com
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HippieOutcast's Avatar
United States
615 Posts
 Posted 12/15/2012  09:30 am  Show Profile   Bookmark this reply Add HippieOutcast to your friends list Get a Link to this Reply
I would agree with CL, seems like the best place to sell US silver coins that aren't key dates.
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