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 Replies: 12 / Views: 1,521 |
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New Member
United States
10 Posts |
Where is a good place online to view wholesale prices on coins?
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Rest in Peace
United States
18456 Posts |
As far as I'm concerned, there is no such thing as wholesale prices on coins unless maybe you buy in large quantity lots . Go on E-bay ,bid on the coins you like ,and with any luck you'll snag a few at less than retail prices .  |
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Pillar of the Community
 Canada
5394 Posts |
Buy the Greysheet and or Bluesheet like the rest of us do. You can buy an online only subscription if you like. Will give you a pretty good idea on the weekly market , if you use the info PROPERLY.
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Moderator
United States
188213 Posts |
NumisMedia has dealer prices for a fee. Their collector (retail) prices are free.
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Pillar of the Community
Norway
1358 Posts |
There's no wholesale price for coins. Coin prices are highly subjective. The only coins with wholesale prices might be modern bullion like ASE, as that's simply the silver price plus a few percent. You may use ebay to see what coins go for. Some sites, like the NCG site, keep track of prices at auctions for certain coins. I do find that those prices are usually quite diverse and not in line with what I tend to pay for my coins. |
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Pillar of the Community
United States
6130 Posts |
Not entirely true; there is a going rate of about 2x face value for bulk lots of wheat cents, and "by the pound" lots of modern world pocket change is like $7-10 per pound. Both options there are just a way to kill time; the effort that goes into sorting it, and the costs of re-selling it would pretty much offset any coins that could be sold individually.
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Rest in Peace
United States
17900 Posts |
Are you looking to buy or sell? What type of coins? The answer to those questions would help us point you to a more defined answer. In other words, if you have rolls of 1960's Jefferson nickels, we can tell you right here that unless they are high grade or have significant errors, there is no such thing as wholesale value as no one will buy them for over face value. If you have original rolls of Morgan dollars, or TPG Morgan's, to sell, then those are different answers. If you're looking to buy the only chance you have at wholesale is buying complete collections or large quantities of bullion. |
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New Member
 United States
10 Posts |
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Rest in Peace
United States
17900 Posts |
Are you buying specific grades or dates of walkers? Or just 90% silver walkers in bulk? Or trying to assemble a full, medium, or short set?
Come on. Tell us what you are trying to do.
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New Member
United States
10 Posts |
Trying to buy really nice ms62 - ms66 Walkers when I find them $250.00 and below according to value.
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Pillar of the Community
United States
6370 Posts |
Coins often sell on ebay for wholesale prices, especially in the auction format from smaller sellers. But you have to be careful and wary of problems, though. |
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Pillar of the Community
Norway
1358 Posts |
Quote:
Not entirely true; there is a going rate of about 2x face value for bulk lots of wheat cents, and "by the pound" lots of modern world pocket change is like $7-10 per pound. Both options there are just a way to kill time; the effort that goes into sorting it, and the costs of re-selling it would pretty much offset any coins that could be sold individually. I didn't know that. Does this apply to the whole of the US? Over here, 'world coins', as you call it (including US coins, for us), go for anywhere between 30 and 100 Kroner (roughly $3.50 to $12) per kilogram, with the quality of the lots varying significantly (where the 30 kroner lot might be better than the $12 one). I've had some great finds in some of those lots. Lots with just one type of coin go for the same price, given that they're demonetized, of course: there's no lots with coins that currently circulate here. The question is what one should do with those lots, as there is absolutely nothing worth finding in those around here. We don't have many walking liberty coins around here. Uncertified ones in MS would go for much less than $250 each, again depending on where you buy it: price differences between shops here are huge. |
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Pillar of the Community
United States
1601 Posts |
Playing the auction game with lower volume sellers does work. I've been buying MS Walkers for less than $20 for some issues, but it's a matter of keeping your eyes open and doing a lot of looking. Also, you are the one that sets the price that you will pay and put it up as a max bid. You'll lose a lot but there's always going to be another opportunity.
That said, there are coins that you're never going to get for less than $250. The low mintage coins are going to be picked up by collectors, not buyers, if you know what I mean.
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Replies: 12 / Views: 1,521 |
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Posted 01/01/2017 10:57 pm
