Is it greek market for coins that down?
Posted 02/26/2013 12:39 pm
You might want to start the bidding at half price or lower to get people interested. If you get a few competitors you will do better than starting so close to what the US would see as full retail. The auction mentality might kick in that way with bargain hunters leading the way to retail. Also post only one of each type coin at a time. That way if you get interested people you spread out the pocket book effect. By posting three coins that a limited audience is interested in you dilute your own pool of bidders. You force them to chose to bid on one and pass up two because of budget.
The market for all copper coins seems to be down. People are putting most money in silver. In the US right now we buy world base metal coins at NO MORE THAN 20% (much less for common stuff) of book value and sell at 50%. Most coins with a Krause value of $100 will sit for a long time here at $50.
The market for all copper coins seems to be down. People are putting most money in silver. In the US right now we buy world base metal coins at NO MORE THAN 20% (much less for common stuff) of book value and sell at 50%. Most coins with a Krause value of $100 will sit for a long time here at $50.
