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Consignment

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Author Previous TopicReplies: 9 / Views: 1,279Next Topic  
New Member

United States
37 Posts
 Posted 04/17/2011  9:53 pm Show Profile   Bookmark this topic Add jamesinmich76 to your friends list Get a Link to this Message Number of Subscribers
i have about 1000 us and world coins and tokens that aren't worth very much ...like 1-15 bucks max apiece .....is there a place I can send my coins for someone else to sell for me for a cut ? .....i don't want to deal with the numerous auctions and shipping that it would take to sell off one by one ....any help would be appreciated thank you.
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ikandiggit's Avatar
Canada
1166 Posts
 Posted 04/17/2011  9:57 pm  Show Profile   Bookmark this reply Add ikandiggit to your friends list Get a Link to this Reply
Anybody that does that would charge 50% to 60% of the final price to make it worth their while.
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jokingjoker's Avatar
United States
2150 Posts
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cwb1877's Avatar
United States
1659 Posts
 Posted 04/17/2011  9:59 pm  Show Profile   Bookmark this reply Add cwb1877 to your friends list Get a Link to this Reply
New Member
United States
37 Posts
 Posted 04/17/2011  10:02 pm  Show Profile   Bookmark this reply Add jamesinmich76 to your friends list Get a Link to this Reply
i appreciate that link but it says they deal with us coin and I have mostly world coins ....
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 04/17/2011  10:05 pm  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
site says " United States coinage is our specialty". You could email them to check, and they may point you in the correct direction.
Edited by Fuzzy317
04/17/2011 10:06 pm
Bedrock of the Community
United States
20753 Posts
 Posted 04/18/2011  07:39 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
If there are any coin shows in your area, try going and seeing if any of the dealers deal with World coins. If so ask if he would sell yours for his cut of the profits.
Would be the fastest, easiest method.
However, a few problems with that. As already noted you would probably be splitting about 50/50. You would not really know how much he sells them for unless you stood right there. You may never see him again.
You could try coin stores but I think you would get about the same as a coin show or even less. At least he wouldn't just vanish.
Try renting a table at a coin show yourself. What doesn't sell by the end of the show, offer to any dealer there that will take them.
Put the entire lot up on ebay and note must sell all together. Naturally mention Not Searched.
I just checked out that link that said


And note it did say specialized in US coins but they may well also deal with World coins. Again, 32% isn't bad considering all they do. Try contacting them.
Edited by just carl
04/18/2011 07:43 am
New Member
United States
37 Posts
 Posted 04/21/2011  5:58 pm  Show Profile   Bookmark this reply Add jamesinmich76 to your friends list Get a Link to this Reply
i emailed them with what I have and asked if they would be interested and no reply ...i guess they are not interested lol:)
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 04/22/2011  07:09 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
Sorry for the delay in responding, but I have some medical issues and was out of town for appointments. Please check your email.
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SA4H's Avatar
United States
2764 Posts
 Posted 04/22/2011  2:49 pm  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
Susan, I hope you are doing OK and everything is fine now.

I never did any consignment so I don't know the detail but I have heard of 50/50 or 60/40 commission split.

At 32% is not very bad at all, considering: 12% for ebay, 3% for PayPal, may be 5% for shipping material (I can give example on this: I bought a total of $23.51 in coins, they charged me $3.50 for shipping and packed with layers of bubble wrap that was more safe/secure than my other purchase of $300+ package.... the shipping cost alone was close to $3.50, if you have done enough shipping then you'll know. Btw, the USPS have increased their rate now). Susan is a very nice person and it was great dealing with her!

Good luck.
Edited by SA4H
04/22/2011 2:50 pm
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