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Selling Certified Coins To A Dealer

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Author Previous TopicReplies: 15 / Views: 2,371Next Topic  
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SundaysOff's Avatar
United States
5 Posts
 Posted 02/13/2016  2:55 pm Show Profile   Bookmark this topic Add SundaysOff to your friends list Get a Link to this Message Number of Subscribers
Good afternoon,

I am going to sell some of my PCGS and NGC slabbed coins on Monday and I was hoping someone could tell me what to expect. I have never sold graded slab coins, so I was wondering is there a fair percentage of the value I can get from the dealer? I looked up all the values for the coins on the PCGS site. So if someone knows the answer could you let me know.

Thank You
Robert

Here is the list everyone has been asking for:

I have no pictures, so here is a list.

1812 1c AG-3 ANACS
1819/8 1C FAIR-2 ANACS
1909 1C AU-58 NGC
1914-S 1C VF-35 NGC
1956 1C MS64-RB PCGS
1959 1C PR67-RD PCGS
1992-S 1C PR69 DCAM PCGS
1999-S 1C PR69-RD DCAM PCGS
2000 1C MS65-RD PCGS ( Wide AM)
2009 1C MS65-RD NGC (FIRST DAY CEREMONY - FORMATIVE YEARS)

2008-D 5C MS65-FS PCGS

1939 10C VF-30 NGC
1943 10C AU-58 NGC
1943-D 10C MS63 ANACS
1943-S 10C F-19 NGC
1946 10C MS66 PCGS
1971 10C UNC-58 NGC
2001-P 10C MS66 PCGS

2000-S 25C PR69 DCAM PCGS MASSACHUSETTS
2000-S 25C PR69 DCAM PCGS MASSACHUSETTS
2001-S 25C PR70 DCAM PCGS KENTUCKY
2001-S 25C PR70 DCAM PCGS KENTUCKY
2001-S 25C PR69 DCAM PCGS NORTH CAROLINA
2001-S 25C PR69 DCAM PCGS RHODE ISLAND
2001-S 25C PR69 DCAM PCGS VERMONT
2004-S 25C PR70 DCAM PCGS IOWA
2004-S 25C PR70 DCAM PCGS IOWA
2004-S 25C PR69 DCAM PCGS MICHIGAN
2004-S 25C PR69 DCAM PCGS TEXAS
2005-S 25C PF69 ULTRA CAMEO NGC CALIFORNIA (SILVER)

1964-D 50C MS66 NGC
1986-D 50C MS68 ANACS STATUE OF LIBERTY

2009-S $1 PF69 ULTRA CAMEO JAMES K POLK

1898 $2 1/2 EF-45 PCGS LIBERTY HEAD QUARTER EAGLE

1908 $5 AU-50 PCGS INDIAN HEAD HALF EAGLE

1944-B 1/2FR AU-55 ANACS SWITZERLAND

OK that's all of them
Edited by SundaysOff
02/13/2016 5:29 pm
Valued Member
Shavill's Avatar
United States
139 Posts
 Posted 02/13/2016  3:00 pm  Show Profile   Bookmark this reply Add Shavill to your friends list Get a Link to this Reply
Tell is what you have, with pics and grades...and we will be better off to answer this question!
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BH1964's Avatar
United States
10982 Posts
 Posted 02/13/2016  3:04 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
What coins are you selling? With regards to PCGS/NGC Price Guides you should expect to get 25% to 35% of the value as a wholesale dealer offer unless the material is extraordinary. You'll generally get much more selling the coins to another collector directly or on ebay.
ANA #R3154474
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T-BOP's Avatar
United States
18456 Posts
 Posted 02/13/2016  3:08 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply


And why do you want to sell to a dealer ? Not for nothing ,but a dealer will give you only a fraction of what their worth.
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 02/13/2016  3:34 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
If you want honest prices, the very best you can get would be the closed prices on ebay.

PCGS prices are not realistic and I would hazard to say that no one has ever paid what they list for prices.

As has been suggested, show us what you have and we can give you a very specific answer.

Otherwise, you are essentially asking us how much is a car?

We don't know what year the car was manufactured in, what brand it is, the mileage, or the condition - but you want us to tell you the value of A CAR.

Same with coins. Let us know what you have and we are always helpful, but it's just not possible to tell you how much a car is worth.
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 02/13/2016  4:35 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
..SundaysOff, to CCF
If you are selling your coins to a dealer, as the members suggested show us some photos and we can help you better.
New Member
SundaysOff's Avatar
United States
5 Posts
 Posted 02/13/2016  4:41 pm  Show Profile   Bookmark this reply Add SundaysOff to your friends list Get a Link to this Reply
I have no pictures, so here is a list.

1812 1c AG-3 ANACS
1819/8 1C FAIR-2 ANACS
1909 1C AU-58 NGC
1914-S 1C VF-35 NGC
1956 1C MS64-RB PCGS
1959 1C PR67-RD PCGS
1992-S 1C PR69 DCAM PCGS
1999-S 1C PR69-RD DCAM PCGS
2000 1C MS65-RD PCGS ( Wide AM)
2009 1C MS65-RD NGC (FIRST DAY CEREMONY - FORMATIVE YEARS)

2008-D 5C MS65-FS PCGS

1939 10C VF-30 NGC
1943 10C AU-58 NGC
1943-D 10C MS63 ANACS
1943-S 10C F-19 NGC
1946 10C MS66 PCGS
1971 10C UNC-58 NGC
2001-P 10C MS66 PCGS

2000-S 25C PR69 DCAM PCGS MASSACHUSETTS
2000-S 25C PR69 DCAM PCGS MASSACHUSETTS
2001-S 25C PR70 DCAM PCGS KENTUCKY
2001-S 25C PR70 DCAM PCGS KENTUCKY
2001-S 25C PR69 DCAM PCGS NORTH CAROLINA
2001-S 25C PR69 DCAM PCGS RHODE ISLAND
2001-S 25C PR69 DCAM PCGS VERMONT
2004-S 25C PR70 DCAM PCGS IOWA
2004-S 25C PR70 DCAM PCGS IOWA
2004-S 25C PR69 DCAM PCGS MICHIGAN
2004-S 25C PR69 DCAM PCGS TEXAS
2005-S 25C PF69 ULTRA CAMEO NGC CALIFORNIA (SILVER)

1964-D 50C MS66 NGC
1986-D 50C MS68 ANACS STATUE OF LIBERTY

2009-S $1 PF69 ULTRA CAMEO JAMES K POLK

1898 $2 1/2 EF-45 PCGS LIBERTY HEAD QUARTER EAGLE

1908 $5 AU-50 PCGS INDIAN HEAD HALF EAGLE

1944-B 1/2FR AU-55 ANACS SWITZERLAND

OK that's all of them

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Pacificoin's Avatar
Canada
5394 Posts
 Posted 02/13/2016  5:38 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Do not want to hurt your feelings , but a lot of what you have listed would be a very tough sell. A lot of the pieces described the plastic cost more than the coins value. In dealers terms " you are buried" .. Good Luck!
Edited by Pacificoin
02/13/2016 5:39 pm
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Coinfusion's Avatar
United States
500 Posts
 Posted 02/13/2016  6:57 pm  Show Profile   Bookmark this reply Add Coinfusion to your friends list Get a Link to this Reply
Sundays and yes, the PCGS price guide is very, very high retail. Most of the time unrealistic to start with.
Especially selling to a dealer, get a cash offer and thank them for their time and find another dealer to see how the two offers compare.
I always look at ebay sold prices to get an idea of what a coin retails for.
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BStrauss3's Avatar
United States
4591 Posts
 Posted 02/13/2016  7:04 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Go out to ebay and search for your coin. Then click on "SOLD" listings and it will show you actual sales over the last 90 days, e.g. for the 1914-S:

http://www.ebay.com/sch/Lincoln-Whe...045573.m1684

There is one VF35 BIN for sale at $34.20, here http://www.ebay.com/itm/1914-S-Linc...AOSwT6pV6F8Y

and there is a VF35 is the sold list that sold for $55, here http://www.ebay.com/itm/1914-S-Linc...AOSwu-BWQNh4

So it's WORTH something between $34 (which is one somebody is willing to take) and $55 (which somebody spent).

Figure you lose about 10-13% in eBay/PayPal fees and shipping costs...

A dealer has to cover the rent for as long as s/he thinks it will take to sell. If they mark it much higher than $40, "I can buy it cheaper on ebay"... so he's going to pay you maybe $20...




-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Coinfusion's Avatar
United States
500 Posts
 Posted 02/13/2016  7:11 pm  Show Profile   Bookmark this reply Add Coinfusion to your friends list Get a Link to this Reply
1946 10C MS66 PCGS PCGS price guide $30
Example:
last one sold ebay price $12.50
http://www.ebay.com/itm/1946-ROOSEV...AOSwpzdWr3wV

so a dealer may offer $5 or $6

Best of luck to you!
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BStrauss3's Avatar
United States
4591 Posts
 Posted 02/13/2016  11:26 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
There is a large coin show in your area this weekend - http://www.coinzip.com/greater-american-coin-show - including tomorrow. If you know what you want for each item (following the method outlined above), you may do better selling them in small groups to different dealers based on what they already have to sell.

You should be able to sell 1964 and earlier coins this way, especially the two gold items.

Most of the rest is the kind of stuff that dealers buy only because it comes in a collection of stuff they want and they put it in their $10 clearance bin at shows.

Also the MS69 quarters - what happens is dealers submit entire rolls and bags in bulk paying $5 or $10 a coin and know that 10% or 20% that grade as MS70s can be resold for enough to cover the costs and the MS69s are junk to unload for $5 or $10. It's a tough way to make a few $.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Andrew137's Avatar
United States
12 Posts
 Posted 03/01/2016  6:33 pm  Show Profile   Bookmark this reply Add Andrew137 to your friends list Get a Link to this Reply
Apart from the gold, most of the rest of this is crap you will not get offers on except at very low prices. As has been mentioned above, dealers do not actually buy these MS-68+ modern coins. They send in a BU roll to get one or two hits that pay for it all. There is no real market for perfect modern quarters as they have no real value beyond the BU roll price. Apart from the gold, I'd expect 10 cents on the dollar for most of the rest of it. Try ebay. You may run into another collector that values this stuff.
Valued Member
United States
311 Posts
 Posted 03/17/2016  12:43 pm  Show Profile   Bookmark this reply Add cjweber to your friends list Get a Link to this Reply
wait three months, get your 250 posts in, be a contributing member of the forum, and then sell or trade them on here... you will be better off that way... you won't make a fortune selling those coins, you might as well wait and hold on to them...
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 03/17/2016  3:01 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
I Agree with cjwber , And by that time I just might be interested in that 14-S cent for an upgrade to my second album.
Valued Member
United States
311 Posts
 Posted 03/17/2016  3:27 pm  Show Profile   Bookmark this reply Add cjweber to your friends list Get a Link to this Reply
T-BOP is right on there... Heck, there are a few in there I would pick up too...
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