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Where To Sell My Coin Collection?

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kuh_85's Avatar
Canada
2366 Posts
 Posted 09/05/2014  12:57 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Our losses shipping internationally (including to the US) have been significantly higher than shipping within Canada. Therefore we only ship internationally with tracking and insurance (remember the $500 insurance limit). Even with tracking items get lost more frequently. But a lot of people are willing to ship without tracking so we don't get a lot of international sales. It's your call.

Remember, the total thickness of the package has to be less than 2cm to ship by lettermail. Most RCM cases are thicker than that and have to go by the much more expensive parcel post.
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Pacificoin's Avatar
Canada
5397 Posts
 Posted 09/05/2014  6:51 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Peter it sounds like you , as many others , have a load of RCM stuff that is very difficult to resell. We are offered this type of material all the time and buy it at a steep discount to trends. Usually you will not find anyone willing to pay up.
Recently we bought a deal in the mail for around 5K from a collector in Alberta. He was offered 3k in two places (Calgary Coin Dealers). Both dealers clearly stated they had little interest and did NOT want any more for stock. Quite frankly I am not sure what we are going to do with most of it either. The problem with selling this kind of material on ebay is the horrendous shipping charges for larger boxed items, as most people want boxes and original packaging. Good luck! Jack
New Member
Canada
31 Posts
 Posted 09/07/2014  08:47 am  Show Profile   Bookmark this reply Add Davidwriter to your friends list Get a Link to this Reply
If you have a large collection or some pieces that are high value, you may want to consider Sotheby's, Waddington's or another large auction house. They will sell as a lot, divide into smaller lots and sell high items as singles. They also take telephone bids from across the country as well as internationally and you don't need to worry about shipping, insurance or collecting you money. They do publicity for all of their auctions to their known buyers.
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twoplustwo's Avatar
Canada
287 Posts
 Posted 09/10/2014  2:04 pm  Show Profile   Bookmark this reply Add twoplustwo to your friends list Get a Link to this Reply

Quote:
If you have a large collection or some pieces that are high value, you may want to consider Sotheby's, Waddington's or another large auction house. They will sell as a lot, divide into smaller lots and sell high items as singles. They also take telephone bids from across the country as well as internationally and you don't need to worry about shipping, insurance or collecting you money. They do publicity for all of their auctions to their known buyers.


And they'll charge you 30 to 40 percent of the hammer price for their trouble. And that's on top of their "insurance fees", picture taking fees, catalogue fees, etc..
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Universalcoins's Avatar
Canada
147 Posts
 Posted 09/10/2014  3:22 pm  Show Profile   Bookmark this reply Add Universalcoins to your friends list Get a Link to this Reply

Quote:
The problem with selling this kind of material on ebay is the horrendous shipping charges for larger boxed items, as most people want boxes and original packaging

Pacificoin: For particularly expensive items that you do sell in North America, we have found that it can help to send the coin in a trackable form and send the packaging separately at a cheaper rate. We limit that to North America because there is a risk to lose the packaging/CoA, but we do have a full refund policy.

Also, we try to keep ourselves stocked with stamps that we pay 25-40% of face value on. That really, really makes a difference for us.
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Pacificoin's Avatar
Canada
5397 Posts
 Posted 09/10/2014  6:34 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Way ahead of you ....... we have done that for years! Sometimes you get lucky and the buyer says keep the box!
New Member
Canada
31 Posts
 Posted 09/16/2014  1:15 pm  Show Profile   Bookmark this reply Add Davidwriter to your friends list Get a Link to this Reply
Twoplustwo you are partially correct. On lower value lots or pieces the premium is about 30% depending on which company you use. On higher valued pieces or lots the cost drops to 10% which includes, at least for one of those companies, all of the services they provide. I know that some dealers hate them because they have their own staff grade some coins rather than using one of the accepted grading companies. For large lots, I have found them affordable and reliable.
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Pokermandude's Avatar
Canada
1192 Posts
 Posted 09/19/2014  09:59 am  Show Profile   Bookmark this reply Add Pokermandude to your friends list Get a Link to this Reply
Hi Peter,

I'd suggest that you come to the Edmonton coin show on November 8th/9th. Ask some of the dealers there if they are interested in the type of coins you are looking to sell.

I will have a table there in the back corner of the room, my sign reads "Mattscoin". I am located in Edmonton and I do buy older mint product. Due to the amount of time it takes to go through a collection for purchase (and how busy the show is), it may be difficult to sell your collection right at the show.

If you turn on your private messaging function, we may be able to work something out. I can also be found easily on kijiji or under ebay stores under the same name: Mattscoin.

Full Edmonton Coin Show information can be found here: http://www.edmontoncoinclub.com/shows.htm
Edited by Pokermandude
09/19/2014 10:09 am
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