Selling Part Of My Collection

I was still editing. Considering you owned many of these coins for very little time and finding out that many are details. By getting back 70% you still did well ( it wasn't a total loss)

There were coins in the early 2000-2010 that went crazy high as funds started purchasing them , many people way overpaid at that time as the market was hot, we are now in the same place, there are coins many of us are buying that we might not make all of it back. But I look at this as hobby not my retirement. I get to enjoy the coins and I plan on keeping them safely stored and my daughter wants them, so I'll leave them to her in a few decades. If coin collecting is still a hobby many of the coins I have may be worth a pretty penny, if it isn't then they aren't but for now I'm enjoying them and the history they've been through.

NumisEd, I'm sorry the coins didnt end as strong as you had hoped. I ended up being the winning bidder on 4 of your coins, including the Shield nickel you were talking about.

I will, thank you. The 1837 Half Dime is gorgeous, regardless of the details grade it was assigned. I'm most excited for that one.

An LCS is a business they pay wholesale or less and get retail. We aren't a business, heck an LCS makes more money on buying and selling junk silver than a few slabbed coins. They also buy a lot of stuff we aren't interested in, it's not the same.

Seems like you tracked Numismedia prices very closely on the straight grades and got taken to the cleaners on the three big ticket items that detailed - 1805 10c, 1814 1c, and 1802 1c. (Yes, I looked up sold price and Numismedia on all of them - I'm bored). I don't know what you paid of course but those three seem like they were big gambles.

I am a novice, and I buy tons of raw coins on ebay. But to value them I always assume they would come back details of some sort. If someday I slab them and they come back straight graded, then 'bonus'!

So the raw sold with BP on those three was $2141 and you paid $2207, which means they sold for 97% of what you paid, even though all three came back Details. I guess I was expecting it to be worse. A few of them did go for more than the Numismedia estimates, notably the 1877 T$1 $395 versus $360, even though it was Details.

Also buying from a well established, respectable and reliable seller. I've personally found success selling coin sight unseen. I grade strict, describe the coins to the finest details, and I've never had a buyer complain once. The coins they received, even having never seen them, were exactly what they expected.