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Selling World Coins On Ebay - Any Tips ?

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plonker's Avatar
United States
462 Posts
 Posted 07/26/2014  1:07 pm Show Profile   Bookmark this topic Add plonker to your friends list Get a Link to this Message Number of Subscribers
Like I said in an earlier post , I am going to start selling coins on ebay soon. Almost all coins I plan to sell are from my personal collection and are world coins. I was wondering if there is anyone selling world coins can share any additional tips ?

I am still debating whether to sell outside US as I think there may not be enough interest locally (happy to be told otherwise). If I sell outside US, I am thinking to limit to Canada, UK, France, Germany, Austria, Australia and new zealand. What method of shipping would you recommend ? Do I have to do deal with customs ?

Thanks a lot.
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fioti's Avatar
United States
4212 Posts
 Posted 07/26/2014  2:07 pm  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
The majority of my 3500 sales from up to 2006 was world coins. There were far fewer regs, then.
I always asked the buyer what ship method they'd prefer. Generally, it was the cheapest. There were very few items over $50. No real $$ in it for me, but opened a lot of doors overseas, & kept my collection well thinned-out. Also, % wise, I had equal amounts of grief, stateside & intrnatl.
Good luck to ya!
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Fusion555's Avatar
United States
269 Posts
 Posted 07/26/2014  2:23 pm  Show Profile   Bookmark this reply Add Fusion555 to your friends list Get a Link to this Reply
The problem with international shipping is its expensive, even just to Canada if you want tracking (and you do want tracking)
If you feel you need to ship international do it with ebay int shipping program, you just ship to a ebay address in USA and they take care of the rest, its very expensive for the buyer though
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Tom Goodheart's Avatar
United Kingdom
856 Posts
 Posted 07/26/2014  2:41 pm  Show Profile   Bookmark this reply Add Tom Goodheart to your friends list Get a Link to this Reply

Quote:
If you feel you need to ship international do it with ebay int shipping program, you just ship to a ebay address in USA and they take care of the rest, its very expensive for the buyer though


Personally I wouldn't recommend the International Shipping programme and many buyers (including myself) simply won't buy listings that use it.

That's because UK import duty on most coins is 5% max. Pitney Bowes (who ship for ebay) charge 25%.

Why pay 20% more than you have to? I won't.

As seller all you need to do is the paperwork to say what's in your package. 'Antique numismatic item' is usually enough. If I buy, it's then my responsibility to deal with customs here and pay any charges.

If I want the coin I will pay reasonable shipping. It's usually about $15 which seems to be for something like UPS tracked. I did have a coin sent for $1.50 once. It arrived .. after a month. Personally I'd have preferred to spend a bit more and get it quicker, but that wasn't offered!
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Fusion555's Avatar
United States
269 Posts
 Posted 07/26/2014  4:06 pm  Show Profile   Bookmark this reply Add Fusion555 to your friends list Get a Link to this Reply

Quote:
If I want the coin I will pay reasonable shipping. It's usually about $15 which seems to be for something like UPS tracked. I did have a coin sent for $1.50 once. It arrived .. after a month. Personally I'd have preferred to spend a bit more and get it quicker, but that wasn't offered!


The problem comes with Tracking, USP wont track first class mail, you have to upgrade to Priority, cheapest priority to UK is $23.50
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Sweden
729 Posts
 Posted 07/28/2014  09:22 am  Show Profile   Bookmark this reply Add epikur to your friends list Get a Link to this Reply
As an international buyer of coins from the US, I stay away from sellers shipping through ebay's shipping program. It's expensive and they add the import duties right away. When shipped normally, there is about, for me at least, a 75% chance I don't have to pay import taxes.

When it comes to tracking, if you limit the countries you ship to to western Europe, tracking isn't that necessary.
when I sell to the US, I cherge $2 for shipping, and if it sells for a substantial amount, I ship it with tracking on my expense.

If most of your coins are low value (less than $30), I woudln't bother shipping it with tracking. Most buyers are honest, and the western European postal services are good enough.
Valued Member
United States
337 Posts
 Posted 07/31/2014  6:16 pm  Show Profile   Bookmark this reply Add Henry M Smith to your friends list Get a Link to this Reply
You need to include a message that sipping will be slower due to two postal systems handling our coins, and make it clear that the buyer is responsible for any duties. I have not run into problems shipping to Canada, and have shipped once or twice to Australia and Germany successfully. You can restrict where you ship to by blocking countries you do not want to include. Think about this, Canadian buyers have added to final bids even when they lose, and so I get more and ship to the U. S. Every bid, even if not a winning bid, can help push the price.
You will need a customs slip saying what is in the package, and its value, which can tempt a thief.
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plonker's Avatar
United States
462 Posts
 Posted 09/06/2014  1:08 pm  Show Profile   Bookmark this reply Add plonker to your friends list Get a Link to this Reply
Do you have to fill out any custom documents if you are shipping to Western Europe, Canada and Aus/NZ ? and what USPS method do you use to ship to these countries ? Thanks a lot for all the valuable information.
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