Advise Needed On Some Not-So-Good Coin Investments

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Author	Replies: 9 / Views: 1,010
numicraze New Member United States 1 Posts	Posted 09/14/2019 12:27 pm Hello everyone! I am new to the forum ans also new as a coin collector. I have purchased over the past 2 years quite a few coins - over 100 - some have been good buys/investments, but most not so. I can just about break even on some, but I anticipate a loss on the rest, which I'd like to minimize as much as possible I'd like to sell off the latter, is there an auction place where I can list them and get the maximum I can without exorbitant fees? By the way, they all have been graded - mostly by PCGS. The NGC ones were purchased already slabbed. Any advise on moving these would be helpful in untying my funds. Report this Post to the Staff

Mudgedoob New Member United States 6 Posts	Posted 09/14/2019 12:47 pm I'm no expert but your best bet is to most likely individually sale each item which can take some time.probably better not to use ebay because you will lose money on fees.also if there's any local coin shows or conventions they are loaded with buyers.craigslist always works great for me.just meet whom ever your selling to at a bank or somewhere secure for safety.hope that hepls Edited by Mudgedoob 09/14/2019 12:47 pm Report this Post to the Staff
John1 Moderator United States 56855 Posts	Posted 09/14/2019 1:34 pm to CCF. What are some of the better ones? Depending on the values you may use ebay or an auction house. John1 Edited by John1 09/14/2019 2:45 pm Report this Post to the Staff
moxking Rest in Peace United States 17900 Posts	Posted 09/14/2019 1:42 pm It's difficult to give you a firm idea of options when we know no specifics about what you would be selling. Tell us -or better - show us some photos of what you consider your best pieces. Report this Post to the Staff
Dorado Bedrock of the Community Canada 24885 Posts	Posted 09/14/2019 2:16 pm To the Forum. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 09/14/2019 2:41 pm US coins or World or Both? Modern or classic or both? Cheap or expeensive etc. It's impossible to give answers without knowing what kinds of coins. You're going to have to pay some sort of fee basically anywhere. Coins shows you would be selling to dealers, if you get seen trying to sell to other collectors you get kicked out and possibly banned. Craigslist I would never do for coins. Anything like coins or jewelry the chances of being followed home by the buyer or a second person scouting you out is much higher with things like that as they will assume you have more at home. Report this Post to the Staff
tdziemia Pillar of the Community United States 7936 Posts	Posted 09/14/2019 3:07 pm @numicraze, it sounds like you may have already learned a good lesson about doing research before your buy . Most of us have lessons learned like that. You've gotten a lot of good responses here. If your coins are fairly common, and you have the time to sell them on ebay, that may turn out to be best. You know exactly how much you will lose in fees (a little over 13%), and you can easily do the research on ebay to know what each coin is likely to sell for. You can start out listing them as Buy It Now at the same price you paid, and if that doesn't work, can drop the price, or add Best Offer. If getting cash back quickly is more important, take them to a dealer, and take a deep breath. If they are high value, then maybe use an auction house. Again, if you can give us an idea of what you have, you will get better answers. Report this Post to the Staff
BStrauss3 Pillar of the Community United States 4589 Posts	Posted 09/14/2019 4:21 pm GreatCollections -----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/ Report this Post to the Staff
tdziemia Pillar of the Community United States 7936 Posts	Posted 09/14/2019 4:33 pm Looking back at the original post and seeing they are all certified, indeed that could be a good way to go. Report this Post to the Staff
jbuck Moderator United States 187950 Posts	Posted 09/16/2019 12:03 pm to the Community! Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
	Replies: 9 / Views: 1,010

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