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Selling Coins At Fleamarkrts, Antique Shows On-Line And By Other Means

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New Member

United States
4 Posts
 Posted 10/07/2016  7:20 pm Show Profile   Bookmark this topic Add halfliza to your friends list Get a Link to this Message Number of Subscribers
Who has tried selling coins by various methods? How successful was the effort? Let's compare experiences.
One way to sell coins is to ask people if they have change for a Japanese ten yen coin. Or try an old English halfpenny. Talk to people you meet and promote the hobby. If you are friendly, honest and avoid high pressure techniques, you will achieve results.
I meet people that want one coin from every country and some of them are hard to find. European coins are easy to get as so many people travel there and bring back loose change. I try to offer uncirculated coins from Albania, Kazakhstan, Lesotho and other hard to get countries. These coins are hard to find at coin shows, coin shops and flea markets. You just don't see them every day.
This post is not an offer to buy, sell or trade. Let's make a list of all tne ways to sell coins from high Pressure telephone boiler rooms, ebay etc.
How many countries are there today and who can name them all.
There are also coins from colonies and territories that aren't countries. Also countries that don't exist anymore like Checkoslavakia and Yugoslavia. Name all of them.

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Coinfrog's Avatar
United States
94367 Posts
 Posted 10/08/2016  5:04 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply


to the CCF!
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oriole's Avatar
Canada
5246 Posts
 Posted 10/08/2016  5:14 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
From what I know from part time dealers, flea markets are a great place to get high prices for low end stuff. For example, UK pennies sold for a 75 cents- 1 dollar each that would sell for 20 cents each in a regular coin dealer's "junk" bin.

Flea markets have a lot of impulse purchasers, so if something is packaged right it may sell for a bit.
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Debrajc's Avatar
United States
4211 Posts
 Posted 10/10/2016  10:40 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply


I'm always the buyer.
I have never sold coins anywhere.
Bedrock of the Community
United States
20753 Posts
 Posted 10/11/2016  1:44 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

As a general rule coins being sold at places like a flea market, garage/yard sales, pawn stores and many on line could be fakes. Some time ago I used to love flea markets for coins. Then those fakes started appearing so that sort of ruined flea markets for coins as far as I'm concerned. Not to long ago I was able to buy a 1916D Mercury dime in possibly an MS grade for $5. Naturally it was a fake but was a good one. That seller suddenly vanished. Places such as ebay are loaded with so many fakes I keep far from that place too. That is the one great thing about a coin show. So many knowledgeable dealers present, if you buy a coin and not sure of it, you can usually walk around asking other dealers what they think.
New Member
United States
4 Posts
 Posted 10/13/2016  2:53 pm  Show Profile   Bookmark this reply Add halfliza to your friends list Get a Link to this Reply
Fakes are a serious problem for collectors and dealers. I mostly sell cheap coins with a $25.00 limit but my best sellers are 25 cents each to about a dollar or two. My specialty is hard to find foreign countries and low grade coins but I try to stock uncirculated Albania, Kazakhstan, Lesotho, Slovenia etc. Cheap coins are probably always genuine and my address and telephone number are always offered to buyers and shoppers.
A successful sale must include other categories because at some events not a single coin may sell. Hopefully trading cards, hat pins, comics and books will generate sufficient sales.
Sales are a good way to meet interesting collectors and sometimes they will call and set up a profitable appointment at a convenient time.
I used to sell books from printed lists and on the internet but no longer ship by mail as the nearby contract station closed and the closest post office is two miles away.

Once you know all the mistakes you don't have to worry about making any of them wrong.
A few customers only buy silver coins but many ask for one ounce gold coins, which I will never display at any event as that is asking for criminals to attempt robbery.
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