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Best Way To Sell Pre-33 Gold

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Jon Brand's Avatar
United States
1023 Posts
 Posted 11/12/2014  8:35 pm Show Profile   Bookmark this topic Add Jon Brand to your friends list Get a Link to this Message Number of Subscribers
I have a valuable coin I got recently but my knife addiction is really getting to me and I want to sell it. What are some recommendations for selling? There is a local coin shop that will probably offer a little bit lower then bid, and then there is ebay but I don't really have the time to list it on ebay.

What would you do?

Any dealers worth trying?
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jimbucks's Avatar
United States
4691 Posts
 Posted 11/12/2014  10:20 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
Try an auction house like greatcollections.com I've sold many pre-1933 gold through them.
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coinlover168's Avatar
United States
506 Posts
 Posted 11/12/2014  10:27 pm  Show Profile   Bookmark this reply Add coinlover168 to your friends list Get a Link to this Reply
May we ask what your coin is?
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Jon Brand's Avatar
United States
1023 Posts
 Posted 11/12/2014  10:46 pm  Show Profile   Bookmark this reply Add Jon Brand to your friends list Get a Link to this Reply
Coinlover this is it but I hope I'm not breaking rules by posting it. If so, mods, remove.

Best-Way-To-Sell-Pre-33-Gold
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jimbucks's Avatar
United States
4691 Posts
 Posted 11/12/2014  10:51 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
I suggest you submit to CAC prior to selling. A bean should get you more money.
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jimbucks's Avatar
United States
4691 Posts
 Posted 11/12/2014  10:54 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
Jon,
I just sent you an email.
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DoubleEagle20's Avatar
United States
1748 Posts
 Posted 11/12/2014  10:57 pm  Show Profile   Bookmark this reply Add DoubleEagle20 to your friends list Get a Link to this Reply
Price it around with 2-3 major dealers. You will get a good idea of the going price on it. If you have a group of them you want to sell, break it up and get multiple quotes on each coin to maximize your returns. Don't sell a large group to one dealer. ;)
Valued Member
jhp2104's Avatar
United States
291 Posts
 Posted 11/12/2014  11:15 pm  Show Profile   Bookmark this reply Add jhp2104 to your friends list Get a Link to this Reply
@jimbucks - I don't think individuals can submit to CAC. Unless something changed, they only accept submissions from preregistered dealers, auction houses, etc...
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coinlover168's Avatar
United States
506 Posts
 Posted 11/12/2014  11:43 pm  Show Profile   Bookmark this reply Add coinlover168 to your friends list Get a Link to this Reply
@jhp2104, CAC had a small window in 2012 that they accepted limited applications for "Advanced Collector/Submitter Memberships" who get submission privileges.

http://www.caccoin.com/how-to-submi....VGQ3ODTF9IE
Valued Member
jhp2104's Avatar
United States
291 Posts
 Posted 11/12/2014  11:48 pm  Show Profile   Bookmark this reply Add jhp2104 to your friends list Get a Link to this Reply
Thanks @coinlover168.
Valued Member
Copper Penny Connection's Avatar
United States
415 Posts
 Posted 11/13/2014  12:06 am  Show Profile   Bookmark this reply Add Copper Penny Connection to your friends list Get a Link to this Reply
*** Edited by Staff - Please Review the rules that you agreed to when you registered. ***
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BH1964's Avatar
United States
10982 Posts
 Posted 11/13/2014  12:38 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
You should try to sell it directly to another collector through a coin forum like CCF. That coin is highly liquid and desirable - an easy sell with little need to wholesale it out for offers or taking a nearly 15% hit on eBay/PayPal/S&H fees.
ANA #R3154474
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mydogskip's Avatar
United States
2 Posts
 Posted 11/13/2014  12:48 am  Show Profile   Bookmark this reply Add mydogskip to your friends list Get a Link to this Reply
I would just bite the bullet and list it on ebay. The truth is they reach an audience you just don't have access to, especially on big coins.
Pillar of the Community
United States
3156 Posts
 Posted 11/13/2014  08:31 am  Show Profile   Bookmark this reply Add jerryc39 to your friends list Get a Link to this Reply
I also think if you posted it on here you would do better than at auction. Nice coin by the way.
Valued Member
United States
470 Posts
 Posted 11/13/2014  6:18 pm  Show Profile   Bookmark this reply Add Andrew289 to your friends list Get a Link to this Reply
Yeah that's a good $4,500 coin. Auction commission and ebay fees would eat up a chunk.
These are the perils when it comes time to sell. Do you pay the fees or sell it to brick and mortar dealer for less than you would like. There is always peer to peer for a fair amount but trust is not easily earned on the Internet. Either way you won't get as much as you like but you already know that ..you just don't want to get taken for to much skin.
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Mister Kairu's Avatar
United States
1911 Posts
 Posted 11/14/2014  2:00 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
Hi Jon, newish member I just wanted to (off topic) ask why you thought posting the pic of the gold coin would be against the rules? I am still getting acquainted with the rules of the forum. Thank you!
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