Selling Gold Coins On Ebay - Coin Community Forum

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Author	Replies: 5 / Views: 1,898
Brian34Jersey Valued Member United States 234 Posts	Posted 10/19/2014 3:52 pm I recently achieved powerseller status on ebay. I sell allot of record vinyl and coins low value silver coins. I have a gold ducat to sell and a krugerand. What would I do if someone said you mailed me the wrong item? Item was never received? They return one of my items but it's not my original item but something else? Or any other scam that I didn't mention? How would a seller best protect himself I imagine I would use signature confirmation and postal insurance on a high dollar coin? Can anyone offer any input? Report this Post to the Staff

jhp2104 Valued Member United States 291 Posts	Posted 10/19/2014 4:07 pm Are the coins graded? If the Krugerand is simply being sold as bullion, you might consider just selling it to a local coin store for a few dollars below spot value and saving the ebay / paypal fees. If not sure of numismatic vs. melt value, post pictures here first. Report this Post to the Staff
jimbucks Pillar of the Community United States 4692 Posts	Posted 10/19/2014 4:11 pm If you are worried about the unknown, ebay is probably not the best place for you to sell. In over 15 years of selling on ebay I've never had an issue selling on ebay, I insure the items and check out the buyer's feedback nothing more and nothing less. Report this Post to the Staff
Brian34Jersey Valued Member United States 234 Posts	Posted 10/19/2014 4:37 pm The kruggerand is a PF 70 so it's actually worth higher than spot Report this Post to the Staff
TypeCoin971793 Pillar of the Community United States 6370 Posts	Posted 10/19/2014 8:34 pm If you're really finicky, you could videotape yourself sealing the coins into the package, have tracking, have insurance, and/or have signature confirmation. Report this Post to the Staff
edweather Pillar of the Community United States 7375 Posts	Posted 10/19/2014 10:47 pm Yep, that was my thought also. Record packing the coin, and just make sure you have signature confirmation, and you'll be fine. Report this Post to the Staff
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