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NZ Coins

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Australia
0 Posts
 Posted 06/13/2010  9:23 pm Show Profile   Bookmark this topic Add peters to your friends list Get a Link to this Message Number of Subscribers
Hi folks, my wife has inherited a large collection of NZ coins. She has asked me, her husband, to sell the whole collection - family reasons. Can anyone advise the best way to sell a collection of NZ coins when the starting point is little knowledge of the subject? I'm fearful of her being ripped off. We live in Cairns, Queensland, Australia.
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tumbleweedtrumpet's Avatar
United States
1418 Posts
 Posted 06/13/2010  10:18 pm  Show Profile   Bookmark this reply Add tumbleweedtrumpet to your friends list Get a Link to this Reply
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jbuck's Avatar
United States
188342 Posts
 Posted 06/14/2010  09:34 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
to the Community!

I moved your topic to the World Coins Forum.
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augsburger's Avatar
Germany
1063 Posts
 Posted 06/14/2010  10:36 am  Show Profile   Bookmark this reply Add augsburger to your friends list Get a Link to this Reply
Most people would say get a book and find out the price of the different coins, take about 25% off the total amount, go to a dealer and see if you can get that price!!

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Sap's Avatar
Australia
16827 Posts
 Posted 06/15/2010  12:51 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Unfortunately, "going to a dealer" in tropical north Queensland can be a little tricky, but Cairns is better situated than most other regional cities; there are two dealers listed in the Yellow Pages there but I've never been to Cairns so I can't comment on them. Your next nearest dealer is in Mackay, 730 km away. I have been there, and while I'd vouch for him being honest enough, he doesn't tend to offer anywhere near 75% for non-Australian coins, simply because very few of his customers up there want foreign coins. I suspect any shop-front dealership in Cairns would be similar.

Your best bet at not being "ripped off", in terms of getting full value for the coins, would be to sell them yourself on ebay. This, however, takes a lot of time and effort on your part, which you may not be able to spare.

Your other option, especially if there are a large number of coins and/or there are valuable coins amongst them, is to contact one of the big coin auction houses down south (either in Brisbane or interstate) and consign with them; some of these auction houses make tours of regional Australia to collect items so you might not have to pay much for shipping. The disadvantage with this method is having to wait for their next auction before you are paid.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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