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Value Of My Collection ?

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sel_69l's Avatar
Australia
21788 Posts
 Posted 04/15/2023  11:23 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
$123 average value per coin.
May be viable to submit for public auction, some as individual coins, some in job lots of two or more.
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kbbpll's Avatar
United States
4233 Posts
 Posted 04/15/2023  12:58 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply

Quote:
I don't know what a BP is
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NumisEd's Avatar
United States
5192 Posts
 Posted 04/15/2023  6:28 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
I have a different approach to selling coins.
Low values coins (less than $20) go to ebay. Because grading fees at GC will kill any profit potential. I list these at BIN with an option to make an offer.
Higher value, graded coins go to ebay and are listed at BIN as well, with a NYP option.
High value ungraded coins go to GC for obvious reasons.
However, if I want to get rid of coins quickly, I list them on ebay in auction format.
Valued Member
United States
83 Posts
 Posted 04/16/2023  08:17 am  Show Profile   Bookmark this reply Add shug23 to your friends list Get a Link to this Reply
Yeah. I agree ebay seems to be the path I am going to be heading down ( I have no ungraded coins) There are also coin shows periodically in the area, so I may actually try to see if this is also a viable strategy, since I have around 100 graded coins to let go.
Detailed coins present a problem, as far as pricing them. My 'best' detailed coin is an NGC Morgan 1886-O UNC improperly cleaned, but it looks very good to me. so who knows if it is a $200 coin or a $700 coin......ah well
Valued Member
United States
125 Posts
 Posted 06/15/2023  5:54 pm  Show Profile   Bookmark this reply Add General Sherman to your friends list Get a Link to this Reply
expect around 60% of FMV from a dealer. or ebay them for 87% or so.
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 06/16/2023  03:31 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The majority of the more valuable coins in my collection are ancients.
But not all.

For what I consider to be the top 10 percentile of valuable coins, I refer to CoinArchives for prices realized at public auction.
It is possible to arrive at good esitimate of what each one of those 10 percentile coin may be currently valued at,
I first grade those coins in my collection, then review the CoinAchives prices realized.
I remove the lowest value and highest value prices paid for the equivalent coin in my collection after grading, and average the rest of those prices realized, to determine a current value of what my 10 percentile coin may be.

CoinArchives provide enough recent prices realized information from public auctions around the World to make this sort of valuation exercise realistic..
That way, I don't have to consider past or recent inflation rates.

I also review Vcoins ancients, where at any one time, over 100,000 ancient coins around the World are available for sale. Sometimes, a near equivalent to a top 10 percentile coin in my collection may be found.

I rarely do this sort of valuation exercise, partly because it is an exercise in futility, and not worth the bother.
Philosophically, I feel more like a museum curator, where the value of the collection is almost irrelevant.
Edited by sel_69l
06/16/2023 03:39 am
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TinyRetreat's Avatar
United States
345 Posts
 Posted 07/14/2023  12:43 am  Show Profile   Bookmark this reply Add TinyRetreat to your friends list Get a Link to this Reply
Greysheet has always delivered the most "up to date" information ... my buying "go to". When selling, in my experience, you will want to analyze your "time vs. value" situation ... "need the money quickly", expect to get less ... take the time to sell individually, expect to earn more.
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