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Set Of Lincoln Cents ... Ebay Sell Advice?

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paleoguy45's Avatar
United States
2936 Posts
 Posted 08/16/2010  8:07 pm Show Profile   Bookmark this topic Add paleoguy45 to your friends list Get a Link to this Message Number of Subscribers
Recognizing that I don't meet the number of posts parameter to be able to offer the set on the CCF, I'm looking for advice on how to "safely" sell my set of Lincoln cents on ebay (only missing the 09S VDB and the 22 No Date). The rub is sort of a Catch-22. I currently am an ebay seller with perfect feedback and always have offered a seven day return policy on my coins/items. However, if I were to offer the set with this guarantee, what's to preclude someone who's "less than honest" from popping out the 14D, 09S, 31S, etc. and replacing them with fakes - then decide they wanted their money back. I suppose I could sell them with "No Returns" but that sends up flares and caveat emptors. Ideas? Paleoguy
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Jamez's Avatar
United States
750 Posts
 Posted 08/16/2010  8:37 pm  Show Profile   Bookmark this reply Add Jamez to your friends list Get a Link to this Reply
Excellent point. Selling on ebay is now and always has been a gamble. (I have been on there since 1997) I dont know that I would list something like your suggesting simply because of the reason your stating. Your best bet would be to see what the local dealer would pay, then weigh your options.. Remember the fees you will be paying on ebay. Another thing you could do and I hope I am not out of line here but contact bobby (The admin here) and talk to him. I have heard good things about his consignments. (He is a dealer) There ya go my friend, my Two Cent Piece worth of advice..
Valued Member
tampabaygrampa's Avatar
United States
408 Posts
 Posted 08/16/2010  9:10 pm  Show Profile   Bookmark this reply Add tampabaygrampa to your friends list Get a Link to this Reply
Take good pictures of all the coins, especially the key dates. Advertise no returns based on the fears you have stated. People will bid if the pictures
are good and I believe most anyone interested in the set would understand your
concerns. Good luck.
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fioti's Avatar
United States
4212 Posts
 Posted 08/16/2010  10:47 pm  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
I prsonally would watch hoe quickly you achieve 250, then offer them here. First , you would probably see more, and second, the folks here are unlikely to pull a fast one. And, you beat all those dreaded fees. Just what I'd do.
Pillar of the Community
United States
687 Posts
 Posted 08/16/2010  10:47 pm  Show Profile   Bookmark this reply Add RollHunter to your friends list Get a Link to this Reply
Put the keys in those self sealing 2x2's with your markings on them and only offer returns if the 2x2's remain unopened. Don't refund anything (and state so in your auction) unless and until you get the same 2x2's back. Definitely spring for insurance and delivery confirmation - you're more likely to be scammed by someone who claims you never shipped than by someone trying to switch coins on you.

None of that will stop someone from trying to scam you, but it will deter them.
Valued Member
United States
467 Posts
 Posted 08/17/2010  02:15 am  Show Profile   Bookmark this reply Add oober to your friends list Get a Link to this Reply
I would just wait to sell key dates here. ebay can be a dangerous place when selling. Good luck on what ever you decide.
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KenKat's Avatar
United States
4085 Posts
 Posted 08/17/2010  08:43 am  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
I would pull the key date and semi-key date (10-S, 24-D, 11-S, etc.) coins out of the set to sell separately and then sell the remaining common date coins as an 09-40 starter set, a 41-59 set and a memorial set. I would also pull out any high grade BU wheats (and maybe even really high grade memorials) and sell them separately as well.

It is more work but I think you will get considerably more money out of the set this way. Many people already have sets started and so most people are going to focus on the key coins and not want many of the others common date coins. The end result is you give away coins for a discount or for free when selling the set.

Really good photos would be a must and you can use this to help you prevent swapping of coins - i.e., no returns if removed from original holder (2 x 2).

Best regards,
Ken
Edited by KenKat
08/17/2010 08:44 am
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mrwisker's Avatar
United States
581 Posts
 Posted 08/17/2010  2:01 pm  Show Profile   Bookmark this reply Add mrwisker to your friends list Get a Link to this Reply
I would recommend participating here then possibly selling them here.
fioti is right, posts add up quickly.
<------Look I just got one more (I think this one might even might even make it a "quality" post too)
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weerdsteev's Avatar
United States
1291 Posts
 Posted 08/17/2010  3:59 pm  Show Profile   Bookmark this reply Add weerdsteev to your friends list Get a Link to this Reply
Is the set in some sort of an album that has the removable slides which allow you to see both sides of the coins? If so, you might want to consider doing something that will prevent the slides from being removed, perhaps a piece of tape that runs the length of the edge of each page. Then, in your listing you can say that if the tape appears tampered with you will not allow a return (and also mention WHY you've done this).

If you're worried that your audience might not like the tape on the edges of the page you might mention in your listing that "I know the tape detracts from the appearance of the album. Please feel free to bid $20 less than you might have otherwise and use that $20 to buy a new album after you win this one."

As a final comment, I have sold over 40 full sets of Buffalo nickels on ebay and never had anyone try to pull a fast one on me. Granted, my sets usually contained 4 or 5 "acid dated" keys, but most sold for around $400 and that's still an awful lot of transactions with no foul play.
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cwb1877's Avatar
United States
1659 Posts
 Posted 08/17/2010  4:13 pm  Show Profile   Bookmark this reply Add cwb1877 to your friends list Get a Link to this Reply
I agree with KenKat in selling the coins separately. It's like the saying, "the sum of the parts is greater than the whole". An added benefit of selling the coins individually is the fact that by doing so you would spread your risk out of getting scammed. Someone could scam you on one coin and you might lose money on it, but that would be better than having that happen with the entire collection.

While your concerns are about getting scammed are certainly possible, it is my opinion that the chances of it are rather small. I can tell you that I have conducted well over 1,800 sales on ebay to buyers all over the world. Out of all those transactions, I could probably count the number of "problem buyers" on one hand (excluding unpaid items).

There is risk involved in any sort of business and the business of internet sales is no different. Nothing ventured, nothing gained.
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paleoguy45's Avatar
United States
2936 Posts
 Posted 08/17/2010  7:13 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
Great advice guys. I'm thinking of pulling the keys and selling separately. All it takes is time and I have plenty of that. Wish I could offer them here... <blink blink blink>
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paleoguy45's Avatar
United States
2936 Posts
 Posted 08/18/2010  9:17 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
Took everyone's advice and now the key dates are up there on ebay.... Here's hoping... Wanna swap that revenue over into the start to a good set of Washington's pre-1999. Paleoguy
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jokingjoker's Avatar
United States
2150 Posts
 Posted 08/18/2010  9:58 pm  Show Profile   Bookmark this reply Add jokingjoker to your friends list Get a Link to this Reply
Links to the auctions?

May wanna bid!
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paleoguy45's Avatar
United States
2936 Posts
 Posted 08/19/2010  06:58 am  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
Link to my Lincolns and other stuff:

http://shop.ebay.com/paleoguy45/m.h...trksid=p4340

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weerdsteev's Avatar
United States
1291 Posts
 Posted 08/21/2010  09:54 am  Show Profile   Bookmark this reply Add weerdsteev to your friends list Get a Link to this Reply
In case anyone was wondering, I was SERIOUS about my tamper-proofing tape idea. I can tell you from experience what's going to happewhenif you break the set up and sell them individually on ebay: You'll start by photographing some of the keys and semi-keys, but as you progress through the set you'll probably run out of steam. The time and effort involved in photographing and uploading and listing and shipping the COMMON dates will wear you out when you realize you're not getting enough $ for them to justify your time.

I absolutely agree that the parts are worth more than the whole with a set like this, but your TIME ought to be worth something, too.
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paleoguy45's Avatar
United States
2936 Posts
 Posted 08/21/2010  11:47 am  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
I have the key and semi-key dates up on ebay now, but maybe was a bit too proud of them. Only bids so far are the $.99 to open ones. We'll see how it pennies out. I'm thinking of selling the residual ones in groups in the Dansco pages (e.g., all the wheaties, all the memorials, etc.)as suggested earlier in the advice to my original post. As for time - I have forever (famous last words).... Paleoguy
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