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 Replies: 21 / Views: 3,151 |
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Pillar of the Community
United States
1454 Posts |
Well, I've enjoyed collecting coins over the last 6 years but now my interests have turned elsewhere and I haven't bought a coin for the collection in over 2 years now. I have become busy with my girlfriend and child support has taken it's toll as well. I just wanted to get some opinions as to what is the best way to sell my collection and maximize my investment. I have almost a complete collection of Lincoln cents except for the major pieces. Almost a complete collection of Liberty nickels. Jefferson nickels, Mercury dimes, Roosevelt dimes, JFK halves. The State Quarter collection (consists of all Mint Set coins I am saving for my Grandaughter). Of course all the albums for the above plus a couple others). Supplies such as magnifying glasses, cotton gloves, 2x2's, etc. I know people will say just keep them and that I may want to do it again someday but honestly I won't. Thank you all for your input. |
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Pillar of the Community
United States
797 Posts |
Sell it as individual pieces or sets rather than the entire lot. You could sell it on here and get pretty good prices for it, or go with ebay (but fees and time might be a bit annoying). A dealer might be another possibility; you wouldn't get near as much for your collection, but it could be done in one deal and not cost you much time. Honestly, I would list it here on these forums, you get lots of interested buyers and honest people and fair prices. |
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Valued Member
Canada
442 Posts |
I think selling here is probably the best as well. No listing fees, and for the most part you know that those posting on these forums are actual coin collectors.
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Valued Member
United States
312 Posts |
Plus we all want a shot at purchasing the coins :)
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Valued Member
United States
312 Posts |
By the way, if you have a bit of time to put into it, you can check the completed listings on ebay for to get a feel for pricing (keep in mind you'll lose 9% + shipping) - and could also get a quote from a dealer (though I'd imagine we'd beat the dealer offer). Edit: I forgot to include the additional 3% for Paypal (as Maineman points out in his post) Edited by mshev
04/05/2011 4:42 pm
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Moderator
 United States
187702 Posts |
I agree that you should try to sell everything here first, but you will need to list firm prices (as per the rules) or put them in an auction (with a minimum bid you can live with).
I also agree that you will need to break everything apart if you want to maximize your return.
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Pillar of the Community
United States
3592 Posts |
One piece at a time and good pictures will get you the most money. ebay is almost a guaranteed and fast sale, but the fees are 12% when you count paypal. |
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Pillar of the Community
United States
1064 Posts |
Would love to see some photos, when you have a chance
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Pillar of the Community
United States
797 Posts |
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Pillar of the Community
United States
1348 Posts |
I'm sure people have already PMed him saying they'll buy it. Best way is to put into 1 large lot, post a ton of pictures, and do it all here. You'll get fair offers and good prices.
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Bedrock of the Community
United States
20753 Posts |
If you try to sell it on this forum, think of this: 1. NO paypal fees 2. NO lost in the mail routines. 3. NO ebay fees 4. NO insurances, tracking, deciding methods of delivery 5. Almost all here are, hopefully, trustworthy, except me of course. 6. You would get the most honest values possible compared to coin stores, coin shops, coin shows, ebay, other on line places. 7. AND you might get an offer for the entire collection. |
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Pillar of the Community
United States
3540 Posts |
Sell it here. Might seem like a hasle, but it is no more than going to fleacebay.
NO FEES! This adds up to a lot in a quick hurry.
You will realize more money selling off individually as well.
Dibs on the Lincolns! :)
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Valued Member
United States
374 Posts |
selling each coin or set will maximize your return. But it will be time consuming and tedious. The forum has no fees but you can probaly get more on ebay. I would put it on ebay as 1 big lot and post a link here. |
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Pillar of the Community
 United States
1454 Posts |
Thank you all for your comments. I believe I have made a decision and that is to list them all here. I have been on this forum (although not lately) since I started collecting. I will start taking pictures soon and will probably start by selling off the Mercury dimes and Liberty nickels first. Varying grades abound. It is lots of work but I would rather the collector base here end up with them for all the friends I've made and I know that the people here are good people. I have one drawback however, I do not have a checking account nor do I any longer have a Paypal account. All got frozen because of a vindictive ex-wife who saw to it I could not have either. I have back child support to pay on my son who I didn't even know was my son for 13 years of his life. So, I have to figure out what to do with that as well and how to get paid and get the coins to the people that want them. Quite a quandry but I suppose it will be figured out. Ended up with a new family a couple of years ago and now have a Harley I want to fix up a bit so time and money for coins is pretty hard to come by these days. I will try to get some of them up this weekend, perhaps start with some of the better ones. |
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Pillar of the Community
United States
1454 Posts |
spaceace, I got your e-mail and will get you a list first of the Liberty nickels and will let you have first shot at any of them. My grading is maybe not spot on but I get pretty close usually. Will get you a list and pics as soon as I can. Probably won't be tonight as my granddaughter is here and it would be near impossible to do with her here. She's only 20 months old and is a pistol. |
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Pillar of the Community
United States
797 Posts |
Take your time. PM whenever or whatever is easiest for you.
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Replies: 21 / Views: 3,151 |
Posted 04/05/2011 1:45 pm
