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 Replies: 9 / Views: 3,883 |
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New Member
Australia
10 Posts |
Greetings! Let me first start with; 1. I am new here, please be gentle; 2. If this is not the right forum, sorry and can you please relocate. I am a beginner noodler (courtesy of 'PJ's Coin Capers' Youtube channel) who believes he has found some interesting coins that may be of value to others. I am not really interested in the keeping of the coins, over the investigation and discovery of them. I've got a small collection growing of what I believe to be valued coins (known errors, low mint and non-circulation found in circulation), however, before continuing further, I need to find the right avenue of passing these on to other collectors. ebay is a given, but I was wondering what other avenues there are online. I have done searches, but nothing sticks out right away (except this forum community). Thank you in advance for your time and suggestions, and hopefully a new member of your community. Reg.  |
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Pillar of the Community
United States
4212 Posts |
Back when the US could participate, I sold on Kiwi, a NZ site. You might try that. I had relatively good times, they
really ate up the state 25c.
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Pillar of the Community
Australia
2180 Posts |
ebay is probably the biggest market. I've seen some shows that allow collectors to have tables on their second day but I'm not sure of the specifics (cost) or how successful they are.
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Moderator
 United States
188213 Posts |
 to the Community! Your post was moved to the appropriate forum for the proper attention.  |
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Bedrock of the Community
Canada
24885 Posts |
To the Forum. |
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New Member
 Australia
10 Posts |
Thanks to everyone so far for your help. Question now directed to Australian collectors - are there any Australian local sites that are frequented higher than this site*? *no disrespect to the community here intended  Reg. |
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Bedrock of the Community
Australia
21786 Posts |
Australian coin auctioneers will take almost anything, and break up large collections or accumulations of lower valued coins into lots of a few or lots of hundreds of coins, depending on the average value of each coin in the lot. This requires work and advertising, so their fees tend to be high, at around 20% of the highest bid. This margin is probably OK, because a dealer also looks to getting a profit margin of 20% to 50%, or even more, for on selling coins he may buy into inventory for later re sale. If the dealer is unable to sell out of his inventory, he looses money. This is why ebay is so popular, if you don't mind to take the time and effort to sell your coins on your own behalf. |
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Bedrock of the Community
United States
20753 Posts |
To bad your not here in the USA. We have so many coin shows where you could sell your coins. |
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Valued Member
United States
442 Posts |
If your coins are ungraded, starting a new ebay account with no reviews, will net you less than someone with a well established account. Maybe start with the lower value items. Then when you've established some good feedback, move on to the more expensive stuff. In the US I buy a lot on Proxibid. They aren't very well established internationally. Local auctioneers can host their live auctions on Proxi, which gives them a much larger buying pool. A lot of the auctioneers have stared to specialize in coins. Because they are so easy to ship. Check to see if your country has a similar set up. |
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Valued Member
United States
392 Posts |
Do you have coin clubs in your area. Maybe they can be of some help?
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Replies: 9 / Views: 3,883 |
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Posted 11/29/2019 11:36 pm
