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How Do You Sell Your Coins?

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Valued Member
marcusm16a4's Avatar
United States
169 Posts
 Posted 04/28/2013  8:08 pm Show Profile   Bookmark this topic Add marcusm16a4 to your friends list Get a Link to this Message Number of Subscribers
How do you sell your coins BESIDES ebay ?
Edited by marcusm16a4
04/28/2013 8:12 pm
Valued Member
FinanceGuru's Avatar
United States
337 Posts
 Posted 04/28/2013  8:28 pm  Show Profile   Bookmark this reply Add FinanceGuru to your friends list Get a Link to this Reply
Personally, I don't sell my coins. I don't collect volumes so each piece is specially selected for my collection.

However, if I wanted to dispose of the collection I would consider:
* Local Coin Shows (rent a table)
* Offer on the CoinCommunity site
* Pass them down to family (not selling though)
* Donate coins to Salvation Army or other non-profit
* Cash for Coins/Gold (not a great option since prices offered are low)
* ebay - obvious choice but the fees are horrible
* Other coin auctions like Proxibid website

I'm sure there are other methods but that is what I can think of right now.
Edited by FinanceGuru
04/28/2013 8:29 pm
Pillar of the Community
muddler's Avatar
United States
7184 Posts
 Posted 04/28/2013  8:55 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
I have sold coins here on this forum, at coin shows (visit several dealers for the best price), at coin shops and ebay. I have found ebay to be costly with fees, and local coin shops tend low ball you with their offers.
Valued Member
marcusm16a4's Avatar
United States
169 Posts
 Posted 04/28/2013  8:56 pm  Show Profile   Bookmark this reply Add marcusm16a4 to your friends list Get a Link to this Reply
Can you sell coins for money on this site?
Pillar of the Community
throwbackid's Avatar
1283 Posts
 Posted 04/28/2013  8:59 pm  Show Profile   Bookmark this reply Add throwbackid to your friends list Get a Link to this Reply
Yeah you can, I think you need 250 posts before you can though. I'm always buying , shoot me a PM and i'll make you an offer.
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allranger's Avatar
United States
1391 Posts
 Posted 04/28/2013  9:10 pm  Show Profile   Bookmark this reply Add allranger to your friends list Get a Link to this Reply
I've bought some coins off craigslist before. Not much because people always think that have a treasure and ask way to much for it.
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NathanASE's Avatar
United States
1511 Posts
 Posted 04/28/2013  9:37 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
I don't usually sell either, I'll trade up sometimes though if I'm not given lowball offers.

If I were to sell I agree with FinanceGuru on all accounts
Valued Member
marcusm16a4's Avatar
United States
169 Posts
 Posted 04/28/2013  9:46 pm  Show Profile   Bookmark this reply Add marcusm16a4 to your friends list Get a Link to this Reply
I'm not sure how to sell things on ebay specofficially using PayPal.I have an account for buying
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 04/28/2013  9:47 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Your buying account works for selling as well. Theres actually nothing you need to do if its linked to your ebay account. You just list stuff and when it sells the money will be in your paypal
Valued Member
jgettings00's Avatar
United States
149 Posts
 Posted 04/28/2013  10:13 pm  Show Profile   Bookmark this reply Add jgettings00 to your friends list Get a Link to this Reply
Yeah try craigslist.
But you would get the most for them on ebay
Valued Member
Kurrykid's Avatar
United States
455 Posts
 Posted 04/28/2013  10:21 pm  Show Profile   Bookmark this reply Add Kurrykid to your friends list Get a Link to this Reply

Quote:
But you would get the most for them on eBay

As long as you remember it's going to cost you around 15% in fees between ebay and Paypal.
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 04/29/2013  12:49 am  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
Find out if there is a coin club in your area and you can sell coins to members there. Be wary of Craigs List as you don't know who you are going to meet and you can be robbed so be sure if you have a buyer meet in a very populated place. I use burger joints to meet inside. I sell coins at the flea market, coin shows and coin shops I have done previous business with. Not all coin shops low ball on their buy prices, be sure you know what you want before you go out and sell the coins.

Ed
ANA LM-3175
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basebal21's Avatar
13014 Posts
 Posted 04/29/2013  01:19 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Be wary of Craigs List as you don't know who you are going to meet and you can be robbed so be sure if you have a buyer meet in a very populated place.


If you meet in the parking lot of your local police station of the dumbest of the dumb would try anything. That simple suggestion will scare away most scammers and would be robbers
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Drsandman2's Avatar
United States
1374 Posts
 Posted 04/29/2013  02:42 am  Show Profile   Bookmark this reply Add Drsandman2 to your friends list Get a Link to this Reply
I bought off craigslist several times. Once, I met a guy and bought his silver. After the transaction, he threw in several coins for free. One was a 1909-S Indian Head cent. Yeah...

Just make CL transactions at a bank.
Edited by Drsandman2
04/29/2013 02:44 am
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enworb's Avatar
Australia
4411 Posts
 Posted 04/29/2013  03:25 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
Forums and weekend markets work well for me
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 04/29/2013  03:50 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I have already given a significant value in coins to my kids.

The rest of my collection will be disposed of after I kark it; they will come up or public auction as singles, or for the lesser valued items, in small groups. Typical lot value $200 to $500. Some lots very considerably more than that.

The proceeds will help to knock the kids' mortgages over, or go into their superannuation.
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