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 Replies: 11 / Views: 2,795 |
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Pillar of the Community
Canada
1177 Posts |
over the past couple years I've hoarded every: 1922-1936 nickel 1920-1936 penny 1937-1952 penny all wheat cents hundreds of UNC Canadian 1$ and 2$ bills, and thousands of world coins. almost every coin I want to sell, sells for approximately $1.00 - $3.00 on ebay. How do I do it, with over 500-600 coins, what is the best way. Example, I see 1922-1936 Canadian nickels sell for about $1.20 each + .50 shipping all day, but when you list in lots of x 40 you see them sell for about .50 cents each. Is there a way I can sell mass amount of coins on ebay without the long time it takes to list each individual coin |
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Valued Member
United States
211 Posts |
No, there is not going to be an easy way to do it. But there are a few things you can do to streamline the ebay listing process. For me the longest time is taking pictures of the coin and uploading them. If you get a good camera set-up and an easy hook-up to your computer, you can get the lighting right and bang the coins out pretty quickly. You can generate listing templates that can automatically include any additional listing information you need for the coin. For a 1-2 dollar coin, making a fancy listing isn't critical. The pictures are what's important. It's pretty dry, but you can do like 200 coins in a row and just stagger the listings to start at different times on different days so you don't have 25 1927 pennies starting at the same time. The bottom line is that it's a pain, and it's going to take a while but you can do things to make it easier. When it's all said and done, you're going to be making less than minimum wage. For me the "What's even the point in doing this?" value is somewhere between 2-3 dollars per coin. Edited by JimmyJames
06/12/2013 2:54 pm
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Bedrock of the Community
13014 Posts |
My advice would be to get some albums and put together some completed or near completed sets with what you have and sell them that way. It will dramatically cut down on the time it takes to sell and people will pay some premium for the time it took to put it together
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Pillar of the Community
United States
950 Posts |
You could also find a local consignment auction or ebay store to to the work of listing them for you. You will pay them a portion of your earnings, but it will be much less work for you. |
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Valued Member
United States
373 Posts |
You could consider selling "random lots" of your coins. I don't mean the intentionally deceptive "unsearched rolls." Rather, post an honest description of the kind of coins you've got, and the offer to send (10, 20, 50?) coins at random. This appeals to the same folks that like a "grab bag," and also to young people who are fascinated by coins but can't afford fancy ones.
You won't make top dollar this way, but it's a lot less work per coin sold.
The danger of this method is getting negative feedback from folks who expect a 1909 S VDB in every lot - but an honest description goes a long way toward fending them off.
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Pillar of the Community
Canada
2781 Posts |
in the last few monthes I've been liquidating a world type set of over 2500 individual coins (no duplicates).
anything over $5 listed one at a time. selling slowly.
anything under $5, if you sell as one big group, you will be lucky to get 10cents - 20cents each.
I've been having the best luck by seperating into groups by date, 1-50 years old (sell as one big pile - cheap), then in groups of 20 for 50-75 years old (start bid $4.99), 75+ years old or olders, (start bid $7.99). some of the older stuff went for $15-$20 per batch.
simply put, the more time you put in the more you will get out of it.
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Pillar of the Community
Canada
1723 Posts |
Hey Jake...haven't seen you in a while. Quote:
My advice would be to get some albums and put together some completed or near completed sets with what you have and sell them that way. It will dramatically cut down on the time it takes to sell and people will pay some premium for the time it took to put it together This would be my advice too.  |
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Pillar of the Community
 Canada
1177 Posts |
You're doing amazing on your albums samsnate.
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Bedrock of the Community
United States
20753 Posts |
So much depends on if there are any coin shows in your area. If you can find one, you might consider going there with all your coins that you want to sell. Make your own estimate of what would like to get and remember that those dealers have to resell so you wouldn't get full price. However, a good place to dump a lot of coins. No postage, no handling, no insurances, no taxes, just money.
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Pillar of the Community
Canada
1723 Posts |
Quote:
You're doing amazing on your albums samsnate. Thanks Jake ! I've sold over 50 albums so far. There is the batch I have up right now and I'm sitting with about 30 left. Its nice to make a few bucks but also pass out the Canadian history. |
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Valued Member
Australia
491 Posts |
Listed 82 coins today being pennies and half pennies. Once I had a penny listed on ebay all I had to do is change the date on the next listing and so on. Listing like this save a lotttttt of time. A flat bed scanner is my image maker and I am very happy with the image I can get on the lower end coppers. This also saves a lot of time. With the scanner I put some very clear stiff plastic sheet on top of the glass so the coins do not scratch the glass. As I used 164 images today this way of scanning saved a lot of time. Had a great time doing it. This way works for me. From now on at the end of the 7 day auction I only have to replace what sells. This saves a lot of time as well. |
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New Member
United States
32 Posts |
you would make the most money by selling them seperately but that takes lots of time. My advice, seperate them into some small auctions, 5 day. About 10 coins an auction and take a nice picture.
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Replies: 11 / Views: 2,795 |
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Posted 06/12/2013 1:58 pm
