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Quick ? About Selling Coins

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Author Previous TopicReplies: 10 / Views: 1,762Next Topic  
Valued Member
Supa Bustos's Avatar
United States
54 Posts
 Posted 09/16/2015  11:48 am Show Profile   Bookmark this topic Add Supa Bustos to your friends list Get a Link to this Message Number of Subscribers
I got a few coins that I wanna sell so I can get some otters coins but never never sold coin . Where would be the best place to get them sold ?
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Atlas642's Avatar
United States
562 Posts
 Posted 09/16/2015  11:52 am  Show Profile   Bookmark this reply Add Atlas642 to your friends list Get a Link to this Reply
It depends on their value. Selling online at ebay is probably your best bet, but keep in mind that ebay, Paypal and shipping fees will amount to 13 to 15 percent of the sold price.

Otherwise, coin shows / stores can be a viable alternative. It really depends on what you have.

If you'd like, post pictures and descriptions of the coins here and we can help a little more with which route to take.
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Finn235's Avatar
United States
6130 Posts
 Posted 09/16/2015  12:03 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
That depends very much on what you have to sell. Can you post pictures or at least a list and description?
Valued Member
MichioKaku's Avatar
United States
374 Posts
 Posted 09/16/2015  1:14 pm  Show Profile   Bookmark this reply Add MichioKaku to your friends list Get a Link to this Reply
I have an assorted set of nickels on CoinQuest right now...perhaps that's a good place to begin.
Pillar of the Community
United States
589 Posts
 Posted 09/16/2015  1:49 pm  Show Profile   Bookmark this reply Add Groszy to your friends list Get a Link to this Reply

Quote:
keep in mind that ebay, Paypal and shipping fees will amount to 13 to 15 percent of the sold price.


For most items (not coins) that I sell on ebay, about half of the sold price is paid in fees and shipping. If the item is small and worth over $40-50, then it's about 20% in fees and shipping (done Priority with insurance).

Basically, it all depends on the value and size of the item. Coins are small, so value is what matters most here.
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 09/16/2015  5:45 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
First, just go to your LCS and get an honest opinion.

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piercethegrimes's Avatar
United States
260 Posts
 Posted 09/18/2015  11:49 am  Show Profile   Bookmark this reply Add piercethegrimes to your friends list Get a Link to this Reply
don't be too hasty to sell to a LCS, there is always some place that will try and lowball you. (I learned the hard way, got $45 for a $200+ coin) Not saying all LCS's are the same by any means, but maybe try a few places to see different offers for your coins. Pawnshops, depending on what you have, can be terrible or okay when it comes to selling. I was in need of some gas money and had a loose '09 silver eagle which I took across the street to a pawnshop. Paid me $20 bucks which was more than I expected from them (really depends on the coin). I would either post some pictures here or do some research online. One of the big reasons I became interested in coins is from being ripped off.
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Chute72's Avatar
United States
1314 Posts
 Posted 09/18/2015  11:53 am  Show Profile   Bookmark this reply Add Chute72 to your friends list Get a Link to this Reply
You can do a search on ebay for similar items already sold. And this is the more active time of the year for the hobby, so your timing is right.
Bedrock of the Community
United States
20753 Posts
 Posted 09/18/2015  6:29 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
get some otters

Not sure why your would want some OTTERS. Sure are difficult to raise, feed and then train.
If you want to sell coins though, just find a local coin shop. You'll get the lowest price possible but you can get rid of them fast.
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Supa Bustos's Avatar
United States
54 Posts
 Posted 09/22/2015  05:23 am  Show Profile   Bookmark this reply Add Supa Bustos to your friends list Get a Link to this Reply
I have a few key dates and errors 1960 d cent re punched mint mark
1980 DDO cent
1974 s//d cent t I got others but really wanna see where I get the best results ? Thanks
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United States
937 Posts
 Posted 09/22/2015  09:22 am  Show Profile   Bookmark this reply Add Tryna to your friends list Get a Link to this Reply

Quote:
I have a few key dates and errors 1960 d cent re punched mint mark
1980 DDO cent
1974 s//d cent t I got others but really wanna see where I get the best results


With what you have listed you may not even get an offer. A local shop must work within the framework of the available market. If there is not an active market for Memorial cent varities then he will not be looking to pay premiums over face for them.


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