What Is The Best Way To Sell Coins?

I would suggest ebay or going to a local flea market and finding a buyer/seller.

Do you think that the estimated values posted on bestcoin are accurate?

When you say, "certified through ANA," do you mean that they are in the old-style plastic slabs which carry ANA identification on them? For instance, the first few on this page:

http://www.sampleslabs.com/anacs.html

The point I'm making is, if the grades you mention are assigned by a reputable third-party grader (and slabs such as I linked above would most definitely qualify), then you've got a couple of pretty valuable coins in your group which deserve to be marketed to the appropriate collectors. A proper MS65 1886-S is worth north of $2000, for instance, and I don't know if ebay will bring out the right people with pockets deep enough to maximize your value.

If the coins are not graded by such a reputable company, then their value is greatly diminished, and you should get them into PCGS slabs (greatest resale value).

I would describe Bestcoin as, um, a little optimistic.

And I didn't really answer your basic question, cjdlight about the best means to sell coins. And welcome to the forum!

The best place to sell coins, in my not so humble opinion, depends on where an individual is located and how much effort s/he wants to spend on selling his/her coins. I'm a fulltime RVer, work out of my travel trailer, and live/travel far, far from the nearest coin shop, coin club, auction house, or coin show. My only practical venue for buying and selling coins is on ebay unless I want to travel a fair distance to sell... which I don't, given the cost of gas these days. If I were to sell any of my top grade slabbed Morgans, I would consider sending them to one of the big auction houses (Heritage, Bowers & Merena) to gain top dollar. For my lower grades, I'd sell them on ebay as a practical matter. No sense in spending $250 - $300 in gas to sell a $600 coin which cost me $400. I would NOT consider selling nor consigning them to a dealer who is gonna give me only 50% of what they're worth or taking a 30% consignment fee (lotta qualifications here - depends on the dealer, value of the coins, travel distance, the venues he/she uses to sell coins, his/her turnover rates, how hungry I am for the money). However, for someone who is located near a city, a sale or consignment might be the best sales route. Each person with coins to sell has to do a benefit-cost analysis to determine what is right for him/her.

Fred

Also, I was wrong. All of these coins were certified by the NGC.

cj, as biokenist stated, you should get top dollar for NGC-slabbed Morgans since NGC is a top-of-the-line grading service. You have some nice Morgans there. I think if it were me, I'd see what the potential buyer would offer, then compare his/her offer to the approximate Book Value (BV). If it approaches, say 75% of BV, I'd take the offer. If it's only 50% or less, then I'd negotiate upward or decline the offer. This isn't a firm rule of thumb, percentage-wise since the more valuable a coin, the higher the percentage of BV a seller can demand. Chances are good that the buyer wants the whole collection just for the MS-65 86-S and MS-65 87-S; the remainder might be secondary to his/her needs and he may not have considered the lower valued coins in his/her calculations. If s/he did not calculate in the lower valued coins and indeed wants only the 86-S and 87-S, I'd keep the others and sell them on ebay which is what s/he would do. No sense in letting the buyer pad his income with the other Morgans; might as well take the profit yourself.

Fred