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How To Sell Coins?

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Pillar of the Community
Finn235's Avatar
United States
6130 Posts
 Posted 01/30/2016  5:32 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
Littleton coin co. has to give their complete P/D State Quarters away for face value--and these are BU from mint bags, not cherry picked from circulation. I have a couple sets for my kids when they are old enough to appreciate them--simply because I was bored enough at my old job to assemble those sets. Duplicates go right back into circulation--no point in selling them. I did once buy a complete set of State Quarters for a very slight premium--I think face plus $2 for a full album plus a pile of BU duplicates. That was in person and only done because they were headed straight for the coinstar if I declined.

Just a thought--try your hand in the "World coins > Collections & Lots" section. You can either sell them to people in Europe, or you can use wheat cents and Buffalo nickels to grab attention and move some junk pre-euro coins. Auctions with 20+ coins always sell when the bidding starts at $0.99, and usually average out to $0.15-0.30 per coin. That can be a good deal when you are selling excess wheat cents.

Also as far as shipping cost goes, $3.99 seems to be the sweet spot that covers most small packages, but doesn't impact bids too much.
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Hello There's Avatar
United States
1191 Posts
 Posted 01/30/2016  6:46 pm  Show Profile   Bookmark this reply Add Hello There to your friends list Get a Link to this Reply
Well... I listed something, lets see how it goes now.
Wish me luck and hopefully I make at least a couple cents profit after fees and all that fun stuff.

Any suggestions on how to improve the listing would be great.
Edited by Hello There
01/30/2016 6:54 pm
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 01/31/2016  12:44 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Unless you're selling lots valued at $25 or better almost any sales attempt will usually result in a lot of work for little return.

Even though we are considered a hobby first, the best thing that you can do is always remember my own first lesson:

You make money when you buy coins, not when you sell them.
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KenKat's Avatar
United States
4085 Posts
 Posted 01/31/2016  10:30 am  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
Oops, did my math wrong - duh - coins are $25 face. That doesn't leave much room for profit. It's a way to gain some positive feedback on ebay but it's not going to be a money maker. Might be easier to just spend these honestly and dump the folder into the recycle bin.
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