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Possible 7070 For Sale

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jpsned's Avatar
United States
2204 Posts
 Posted 04/29/2018  4:55 pm Show Profile   Bookmark this topic Add jpsned to your friends list Get a Link to this Message Number of Subscribers
So I have a nearly complete 7070 album. I think maybe five holes still are unoccupied.

Most of the coins are XF-CH BU. I think the worst grade is VG, with only a few of the coins ranking that.

If I wanted to sell this collection, do you think it would be better to try to sell it as a complete collection, or sell each coin individually? (What I'm getting at is making as much money as possible.)
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SilverDollar2017's Avatar
United States
8715 Posts
 Posted 04/29/2018  5:02 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
IMO the coins should be sold individually. When selling the album altogether, the price tag may be a bit high for some buyers or newer collectors. It may take longer to sell than if you sell each coin individually.

Of course -
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 04/29/2018  5:21 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
I would sell them individually. Most complete sets sell for less than the prices of the individual coins added together.
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acloco's Avatar
United States
3540 Posts
 Posted 04/29/2018  7:32 pm  Show Profile   Bookmark this reply Add acloco to your friends list Get a Link to this Reply
Individually, without a doubt.

Might consider posting on CCF for other collectors to purchase first.


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Imthealphaomega's Avatar
United States
3210 Posts
 Posted 04/29/2018  7:37 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
Individually
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Coinfrog's Avatar
United States
94367 Posts
 Posted 04/29/2018  7:54 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Next question!
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MikeF's Avatar
United States
3479 Posts
 Posted 04/29/2018  8:05 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
Wouldn't it be great if you could sell the whole dam thing in one transaction? Unfortunately it never works that way. I've watched other collectors try to do this only to succumb to the pressure of selling them individually.
The result is the finest coins are cherry picked leaving you with the unattractive ones. And if you try to sell the entire set, you will be lucky to get grey sheet prices.

In the end, the problem with 70/70's is that all you really have is a bunch of ungraded coins which aren't as marketable as slabbed coins. And if you purchased them raw from dealers, chances are, a good portion of them have problems or were overgraded. Unfortunately, You will most likely get hosed on the transaction no matter which path you take.
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Debrajc's Avatar
United States
4211 Posts
 Posted 04/29/2018  8:09 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
Individually is the only way to go if you want to maximize the amount of $'s.
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two_tonevf35's Avatar
United States
719 Posts
 Posted 04/29/2018  11:01 pm  Show Profile   Bookmark this reply Add two_tonevf35 to your friends list Get a Link to this Reply
Individually, a pain, but worth the time - you will do so much better. I went through it, bet a lot on here have as well
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macmercury's Avatar
United States
5829 Posts
 Posted 04/29/2018  11:07 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
This one is still on eBay and it is complete.

The quality is above average, but its hard for most investors to swallow purchasing a ungraded collection, even with 3rd party graded labels, who's to say this haven't been switch at some point in time.
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jbuck's Avatar
United States
188342 Posts
 Posted 04/30/2018  3:05 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
What I'm getting at is making as much money as possible
Individual is always preferred if maximum revenue is desired.
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thecoinguy1964's Avatar
United States
1308 Posts
 Posted 04/30/2018  7:13 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
I tried sending you a email, but you're blocked. I might be interested in your book, if you decide to put a asking price on it, please email me.
Thanks
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USSID18's Avatar
5464 Posts
 Posted 04/30/2018  7:23 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply

Quote:
This one is still on ebay and it is complete.


That guy "has to" sell it as a complete set now because he completely hosed-up the album. That album is useless without those coins in it!
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kbbpll's Avatar
United States
4233 Posts
 Posted 04/30/2018  11:14 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply

Quote:
What I'm getting at is making as much money as possible.
So to me the missing part of the equation is how much your time is worth. If it takes an hour each to sell 76 coins, or an hour to sell the whole thing, and your time is worth $100/hr, you're out $7500. I think they call it "opportunity cost" or something.
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basebal21's Avatar
13014 Posts
 Posted 04/30/2018  11:18 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
What's there? Honestly there are situations where it's not worth your time and effort to part out a common date common grade album. Generally individually is worth more, but what is your effort worth and how fast do you want to sell, it all depends what is in there.
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jbuck's Avatar
United States
188342 Posts
 Posted 05/01/2018  08:47 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
That guy "has to" sell it as a complete set now because he completely hosed-up the album. That album is useless without those coins in it!
I did not want to look, but I had to look and now I wish I did not look.
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