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Best Way To Sell Coins

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Irishraider's Avatar
United States
1454 Posts
 Posted 01/22/2009  08:02 am Show Profile   Bookmark this topic Add Irishraider to your friends list Get a Link to this Message Number of Subscribers
I have a mixture of things that I want to sell due to my recent job loss. What is the best way to sell? Local Bid Board? ebay? Coin Community? I am open to all opinions. Thank you all.

Here is what I have for sell:

Bag of mixed world coins (approximately 100-150 coins)

U.S. Cents carded from 1916-1958 (all brown, from G-EF) have a little over 100 of these.

3 Canadian silver nickels (1899, 1902, 1914)

Various modern Canadian coins (tube of 1965 cents, nickels, dimes and quarters from 1960's)

2 boxes of unopened "Ocean in View" Jefferson nickels

1964-D Roosy about XF and a 2004 error dime. No clad on reverse with a slight clip.

So, I know, most of these things won't bring much but they are just sitting around and I am downsizing. I may, depending on how things go, have to start selling off things I don't want to sell which would really be the pits but the house comes first.

Dean
Irishraider

Pillar of the Community
WpgLwr's Avatar
Canada
1082 Posts
 Posted 01/22/2009  08:58 am  Show Profile   Bookmark this reply Add WpgLwr to your friends list Get a Link to this Reply
I'm sorry to hear that you feel like you're forced to downsize your collection. This is always tragic, in a way.

Anyway, let's take a look at what you have:

Bag of mixed world coins (approximately 100-150 coins)

Unless there's something there of any real value, you've got to know that these aren't going to gather much money. Exceptions: Silver, foreign Crowns, key dates, but the rest will likely be worth anywhere between 3/$1 to a couple of bucks each for the best ones. You can get around this by listing them either separately or in small lots, it would seem to me. Local bid board or Coin Community makes more sense. ebay isn't all it's cracked up to be these days; this morning's news says that sales were down there by 12% the last three months of 2008, which is a significant amount, and likely will drop further the first quarter of this year, I believe.

U.S. Cents carded from 1916-1958 (all brown, from G-EF) have a little over 100 of these.

See above. You have a better bet of getting these to cent collectors yourself than to pay listing fees to do so. You know what they're worth and what the going rate likely is for them, so price accordingly.

3 Canadian silver nickels (1899, 1902, 1914)

and

Various modern Canadian coins (tube of 1965 cents, nickels, dimes and quarters from 1960's)

Canadian coins seem to be hot here(see the sale thread), so why would you want to go anywhere else? Condition is key, naturally, but on the silver, you could expect to get at least 8 - 10x face easily anywhere, with the low end from a dealer, and the high end coming from a direct sale to a collector.


2 boxes of unopened "Ocean in View" Jefferson nickels

This is a toughie. On one hand, there are zillions of them out there. On the other hand, there may be some cachet value to an unopened box. Were there any real significant errors in this series? If so, that may dictate your decision. My gut says you would have better luck flogging these for $3/roll, a price anyone can afford who wants to speculate in a hobby-like fashion.

1964-D Roosy about XF and a 2004 error dime. No clad on reverse with a slight clip.

The '64 isn't exactly rare, even in that condition, while the error may be worth a little more. Even there, I would say bid board or local community.

This is only my opinion, mind you, and I will admit freely that due to my own experiences, I am extremely anti-dealer when it comes to selling. Yes, I know they have to eat too; so what?
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Hollywood's Avatar
United States
1228 Posts
 Posted 01/22/2009  09:38 am  Show Profile   Bookmark this reply Add Hollywood to your friends list Get a Link to this Reply
you can try craigslist,kijiji,or any & all free classified adds to maximize your profits,for best results market them as much as possible hope this helps and good luck!http://www.google.com/search?q=free...&rlz=1I7SUNA
Valued Member
kceb10's Avatar
United States
392 Posts
 Posted 01/22/2009  11:45 am  Show Profile   Bookmark this reply Add kceb10 to your friends list Get a Link to this Reply
list them here
Rest in Peace
pls's Avatar
United States
1729 Posts
 Posted 01/22/2009  12:49 pm  Show Profile   Bookmark this reply Add pls to your friends list Get a Link to this Reply
My local dealer pays $5/pound for mixed foreign coins - no silver or billon, of course. Depending upon what you have, I'd be interested in this lot. Sorry to hear about your job loss, and frankly I hope that you can come up with something so that you don't have to consider dispersing your collection.
Valued Member
rbf's Avatar
United States
56 Posts
 Posted 01/29/2009  11:35 pm  Show Profile   Bookmark this reply Add rbf to your friends list Get a Link to this Reply
Unfortunately, those "Ocean in View" nickels don't bring much of a premium over face; in fact I had a whole bunch of them I cashed in at the bank not too long ago. I would say try to sell them on ebay, but their fees are so high I imagine it would probably eat up all your profit :( On the other hand, I think the U.S. Cents are probably good ebay material -- those seem to be really "hot" right now.

Sorry to hear about your financial difficulties -- hope everything works out for the best.
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GO's Avatar
United States
6563 Posts
 Posted 01/29/2009  11:40 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
I'd sell them here.
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