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Where To Sell Coins?

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Valued Member
UberDan's Avatar
Australia
95 Posts
 Posted 07/06/2016  8:37 pm Show Profile   Bookmark this topic Add UberDan to your friends list Get a Link to this Message Number of Subscribers
Hello, so I was thinking of selling off some of my collection. The only problem is that I have no idea where to sell them. I should I sell them at ebay? Or mabye here when I have enough posts? Any help will be appreciated.
Dan
Pillar of the Community
TypeCoin971793's Avatar
United States
6370 Posts
 Posted 07/06/2016  9:01 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
Depends on what it is you are selling. What are trying to sell?

And remember, do not try to offer anything for sale (the OP) or try to offer anything to the OP (everyone else). Some kind of specificity is needed for the best advice.
Valued Member
UberDan's Avatar
Australia
95 Posts
 Posted 07/06/2016  9:06 pm  Show Profile   Bookmark this reply Add UberDan to your friends list Get a Link to this Reply
I am wanting to sell mostly some Australian pennies
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LincolnCentMeHere's Avatar
United States
558 Posts
 Posted 07/06/2016  9:35 pm  Show Profile   Bookmark this reply Add LincolnCentMeHere to your friends list Get a Link to this Reply
In Australia are pennies called Cents like they are here in the US or pennies?
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Steele's Avatar
United States
1119 Posts
 Posted 07/06/2016  10:20 pm  Show Profile   Bookmark this reply Add Steele to your friends list Get a Link to this Reply
Being in Australia and selling AUS coins you might find limited markets outside of AUS. Much depends on the desirability of the coins you are looking to sell. Even being in AUS you might encounter high shipping charges and long shipping times to places like US that may turn off many buyers or minimize your profits.
Edited by Steele
07/06/2016 10:21 pm
Pillar of the Community
paxbrit's Avatar
United States
992 Posts
 Posted 07/06/2016  11:58 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
Americans love Australian coins and banknotes, but the shipping costs to USA mean only choice items can bear the freight, as it were. Take some good photos of your coins and put them on ebay, those who want them in the US will pay the additional cost, the Australians won't need to.
Valued Member
UberDan's Avatar
Australia
95 Posts
 Posted 07/07/2016  12:53 am  Show Profile   Bookmark this reply Add UberDan to your friends list Get a Link to this Reply
Thank you for the help. And LincolnCentMeHere, we have pennies and 1 cents. The pennies were 1911-1964 and 1 and 2 cents were around 1966-1990.
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 07/07/2016  02:23 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Our 'Cents' were never referred to as 'Pennies'.

Low valued coins (up to say, $200 each), are best marketed on ebay.
High valued coins are perhaps best consigned to public auction, despite the high cost of auction fees.

Some coin dealers also run public auctions, and may package groups of your collection of lower valued coins in multiple lots. It may well be worth negotiating with such dealers, such as they may be able to take ALL that you have to offer.
Edited by sel_69l
07/07/2016 02:32 am
Bedrock of the Community
United States
20753 Posts
 Posted 07/08/2016  12:32 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
If you knew someone that goes to the USA, has contacts in the USA or if your ever going to come here, save those coins for that. Otherwise you may want to check if there are coin shows, coin clubs or coin stores over there.
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UltraRant's Avatar
Norway
1358 Posts
 Posted 07/08/2016  4:40 pm  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply


Online markets would be a favorite. Try to get an auction deal via a local coin shop or some (online) auction house. And indeed via sites like this, if you meet the requirements. I wouldn't be stopped by borders: you just need one person abroad who wants your coins and pay for shipping, right?

What I wouldn't do is sell it to a coin shop. They usually just talk the value down as they need to make a big profit when selling again.
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