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 Replies: 8 / Views: 1,212 |
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Pillar of the Community
United Kingdom
4208 Posts |
Yes, its that time. Time to get back to selling. I was wondering if anyone knows of a shop or institution which would evaluate any coins I have? I might drag the for sale box to Coincraft. Im taking a few coins off for auction by Spink or whoever gives the best estimate but I've got a lot of lower level stuff floating about and I cant be arsed to list anything here or on ebay (especially if I can sell it all at once to a shop). (I hope this is within the rules, I've posted this here because I've no idea where to take roman coins for sale - you cant sell them off at the carboot sales.) |
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Pillar of the Community
United States
7840 Posts |
Not sure about Ancients, but I am trying to sell some (U.S. Types) as well, and most of the dealers are pretty discouraging with their offers. I send images of the coins that I am trying to sell, some are insistent that I send them in to be evaluated in person and go from there. I can understand that images can be doctored, but that takes up quite a bit of time and money (shipping). Local dealers? Forget about that here in OKC.
Hopefully you are not in a hurry.
Edited by oih82w8
09/03/2013 12:10 pm
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Pillar of the Community
United Kingdom
3626 Posts |
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Pillar of the Community
United Kingdom
2838 Posts |
Selling at Spink is expensive, some fees have to be paid up front (not certain but I seem to have a feeling) and it will take a minimum of about 2 months before you actually see any money from them, if your items sell. Other bricks and mortar traders will probably only offer you 25% of what they think they can sell your items for as they have overheads to cover, sad but true and understandable really. Unfortunately your best options are here and ebay, yes its a pain sometimes listing but on the whole its your best option. What sort of things are you trying to sell? Edited by bobbyhelmet
09/03/2013 6:59 pm
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Pillar of the Community
 United Kingdom
4208 Posts |
Welp, I had good luck responding to Classified Ads looking for coins. Just closed the deal on selling 385 low grade uncleaned coins! £155. He gets a good deal, I get a good deal. Everyone is happy as punch. Hopefully ill be able to shift some other stuff with this method, but it seems that ebay will be the way forward for the individual coins. |
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Pillar of the Community
United Kingdom
2838 Posts |
Good work  Was going to suggest you sell them in 10s on the Bay with some of the copyright free cleaning instructions floating about and maybe a home made electrolysis kit. Always fancied it myself but was worried about people electrocuting themselves  |
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Pillar of the Community
United Kingdom
4208 Posts |
The guy has plenty of profit to make.Im sure he's got that kind of stuff. 'parently, he sells grots for 99p each (I sell them to him for 40p each, perhaps I should have tried for 50p...I was working on the fact that I had to go above 29.5p each to break even).
I made my own electrolysis rig, but I melted the crocodile clips by introducing weakness by using too strong an acid. Woopsy. Didnt work well anyway.
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Pillar of the Community
United States
3445 Posts |
Listing coins on ebay is 'work' contrary to popular belief. But it is 'honest' work if you list low and let the bidders take care of the pricing. It takes several hours to list 25-30 coins but you may get a decent return. If you get 99p each then you are making 200%.Hard not to 'like' that ! |
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Pillar of the Community
United States
549 Posts |
"Lower level stuff" is close to worthless. Its value is in the work the dealer does to list and sell it. Most $10 coins are worth $0 or maybe $2 to a real dealer. The other $8 is their work, not the coin itself. Try selling a single lousy coin on ebay and see how much work there is to sell one coin. Then, we can't complain when a dealer offers almost nothing. He really does not want them! In England a dealer can drop a coin in his unattributed box and wait for a walk-in buyer, thus saving the effort of identifying and writing it up. It may sit there forever, but it won't be a lot of work on the dealer's part. But that is not so for people selling on web sites or ebay. If it is an enjoyable hobby, maybe the seller's time is not a factor. But if it is a business, there is little value in low-end coins. |
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Replies: 8 / Views: 1,212 |
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Posted 09/03/2013 3:56 pm
