Looking for some more avenues to sell and buy US coins!

alexerca

I love the bst but am looking for some more forums, websites etc. where I can buy and sell us coins. I don't do ebay and reddit is too bizarre for me! I do buy and sell at various auction houses but trying to limit the 10-20% buyers fees! Would appreciate any help!

Hydrant

Good luck.

ctf_error_coins

I sell coins on eBay, my website, Instagram, and people randomly emailing or texting me.

I sell more on eBay than any other venue.

neildrobertson

It sounds like you know about the main ones.

TurtleCat

David Lawrence might be kind of what you’re looking for but there is not much out there better than eBay for what you’re wanting I think.

Along

Insta

P0CKETCHANGE

Reddit is weird and may be considered foreign especially to the older folks here, but as an individual collector it’s been great using it to both sell and buy. I’ve been able to sell coins and end up with a higher net gain than if I’d sold on eBay, and I’ve been able buy coins and bullion at lower prices than any of the major sites offered.

stealer

@P0CKETCHANGE said:
Reddit is weird and may be considered foreign especially to the older folks here, but as an individual collector it’s been great using it to both sell and buy. I’ve been able to sell coins and end up with a higher net gain than if I’d sold on eBay, and I’ve been able buy coins and bullion at lower prices than any of the major sites offered.

As a younger volk, how do you balance the risk / reward of higher net gain but also higher risk?

My biggest concern is dealing with people sans eBay being a bigger brother to watch over the transactions, or the specter that is "forum karma".

P0CKETCHANGE

@stealer said:

@P0CKETCHANGE said:
Reddit is weird and may be considered foreign especially to the older folks here, but as an individual collector it’s been great using it to both sell and buy. I’ve been able to sell coins and end up with a higher net gain than if I’d sold on eBay, and I’ve been able buy coins and bullion at lower prices than any of the major sites offered.

As a younger volk, how do you balance the risk / reward of higher net gain but also higher risk?

My biggest concern is dealing with people sans eBay being a bigger brother to watch over the transactions, or the specter that is "forum karma".

It’s a good question. I keep the dollar value of my transactions below where the level of a complete loss would be more than just a mild annoyance. I also waded into it by selling first, so I got paid in advance which really puts most of the risk on the buyer. That helped me discover that there is a community of mostly good folks using the forum regularly.

yspsales

Never had much of an issue with Ebay.

Thousands of transactions.

jmlanzaf

Its not about the premium, it's about the cash in your pocket.

You can sell a Brasher doubloon on Facebook for free. I guarantee the consignor got more money from the auction house.

jmlanzaf

@stealer said:

@P0CKETCHANGE said:
Reddit is weird and may be considered foreign especially to the older folks here, but as an individual collector it’s been great using it to both sell and buy. I’ve been able to sell coins and end up with a higher net gain than if I’d sold on eBay, and I’ve been able buy coins and bullion at lower prices than any of the major sites offered.

As a younger volk, how do you balance the risk / reward of higher net gain but also higher risk?

My biggest concern is dealing with people sans eBay being a bigger brother to watch over the transactions, or the specter that is "forum karma".

Use PayPal and a credit card. Different big brother looking over the transaction.

stealer

@jmlanzaf said:

@stealer said:

@P0CKETCHANGE said:
Reddit is weird and may be considered foreign especially to the older folks here, but as an individual collector it’s been great using it to both sell and buy. I’ve been able to sell coins and end up with a higher net gain than if I’d sold on eBay, and I’ve been able buy coins and bullion at lower prices than any of the major sites offered.

As a younger volk, how do you balance the risk / reward of higher net gain but also higher risk?

My biggest concern is dealing with people sans eBay being a bigger brother to watch over the transactions, or the specter that is "forum karma".

Use PayPal and a credit card. Different big brother looking over the transaction.

What is the dispute process like with your CC / PayPal? It seems like a situation that would easily devolve into a 'he said she said' scenario -- which means it goes both ways.

If I sell something and the other side complains for no good reason, what recourse do I have? At least on eBay there seems to be some level of reasonable arbitrator since there is an established listing + transaction history. What would I tell PayPal? Check out this Reddit thread?

@P0CKETCHANGE got it thanks, I'll definitely venture over there. I've made a few transactions on Instagram (buying and selling), but still much prefer eBay.

jmlanzaf

@stealer said:

@jmlanzaf said:

@stealer said:

@P0CKETCHANGE said:
Reddit is weird and may be considered foreign especially to the older folks here, but as an individual collector it’s been great using it to both sell and buy. I’ve been able to sell coins and end up with a higher net gain than if I’d sold on eBay, and I’ve been able buy coins and bullion at lower prices than any of the major sites offered.

As a younger volk, how do you balance the risk / reward of higher net gain but also higher risk?

My biggest concern is dealing with people sans eBay being a bigger brother to watch over the transactions, or the specter that is "forum karma".

Use PayPal and a credit card. Different big brother looking over the transaction.

What is the dispute process like with your CC / PayPal? It seems like a situation that would easily devolve into a 'he said she said' scenario -- which means it goes both ways.

If I sell something and the other side complains for no good reason, what recourse do I have? At least on eBay there seems to be some level of reasonable arbitrator since there is an established listing + transaction history. What would I tell PayPal? Check out this Reddit thread?

@P0CKETCHANGE got it thanks, I'll definitely venture over there. I've made a few transactions on Instagram (buying and selling), but still much prefer eBay.

Actually, eBay will not intervene until the CC company is done with the investigation. You basically have an extra layer of protection with eBay involved, but you don't have zero protection with just PayPal. Just don't get talked into F&F

All disputes are fundamentally he said/she said.

stealer

@jmlanzaf said:

@stealer said:

@jmlanzaf said:

@stealer said:

@P0CKETCHANGE said:
Reddit is weird and may be considered foreign especially to the older folks here, but as an individual collector it’s been great using it to both sell and buy. I’ve been able to sell coins and end up with a higher net gain than if I’d sold on eBay, and I’ve been able buy coins and bullion at lower prices than any of the major sites offered.

As a younger volk, how do you balance the risk / reward of higher net gain but also higher risk?

My biggest concern is dealing with people sans eBay being a bigger brother to watch over the transactions, or the specter that is "forum karma".

Use PayPal and a credit card. Different big brother looking over the transaction.

What is the dispute process like with your CC / PayPal? It seems like a situation that would easily devolve into a 'he said she said' scenario -- which means it goes both ways.

If I sell something and the other side complains for no good reason, what recourse do I have? At least on eBay there seems to be some level of reasonable arbitrator since there is an established listing + transaction history. What would I tell PayPal? Check out this Reddit thread?

@P0CKETCHANGE got it thanks, I'll definitely venture over there. I've made a few transactions on Instagram (buying and selling), but still much prefer eBay.

Actually, eBay will not intervene until the CC company is done with the investigation. You basically have an extra layer of protection with eBay involved, but you don't have zero protection with just PayPal. Just don't get talked into F&F

All disputes are fundamentally he said/she said.

Understood, you're not wrong that the concept of legitimacy in an eBay transaction is fairly thin.

jmlanzaf

@stealer said:

@jmlanzaf said:

@stealer said:

@jmlanzaf said:

@stealer said:

@P0CKETCHANGE said:
Reddit is weird and may be considered foreign especially to the older folks here, but as an individual collector it’s been great using it to both sell and buy. I’ve been able to sell coins and end up with a higher net gain than if I’d sold on eBay, and I’ve been able buy coins and bullion at lower prices than any of the major sites offered.

As a younger volk, how do you balance the risk / reward of higher net gain but also higher risk?

My biggest concern is dealing with people sans eBay being a bigger brother to watch over the transactions, or the specter that is "forum karma".

Use PayPal and a credit card. Different big brother looking over the transaction.

What is the dispute process like with your CC / PayPal? It seems like a situation that would easily devolve into a 'he said she said' scenario -- which means it goes both ways.

If I sell something and the other side complains for no good reason, what recourse do I have? At least on eBay there seems to be some level of reasonable arbitrator since there is an established listing + transaction history. What would I tell PayPal? Check out this Reddit thread?

@P0CKETCHANGE got it thanks, I'll definitely venture over there. I've made a few transactions on Instagram (buying and selling), but still much prefer eBay.

Actually, eBay will not intervene until the CC company is done with the investigation. You basically have an extra layer of protection with eBay involved, but you don't have zero protection with just PayPal. Just don't get talked into F&F

All disputes are fundamentally he said/she said.

Understood, you're not wrong that the concept of legitimacy in an eBay transaction is fairly thin.

I'm a HUGE eBay fan. And they made me whole just last month on a package that got lost in the Christmas USPS disaster but then showed up. Since it was eventually delivered and the recipient wouldn't respond to emails, eBay paid me off ($290) and let the buyer keep the stuff for free.

But, as I say, you have some protection just from using a CC through PayPal. When people get taken, it's usually because of F&F or some kind of cash transaction that leaves zero opportunity for appeal. Anything can go wrong at anytime, but you can't live in constant fear. You do your best to mitigate the risk to something manageable and hope things average out in the end.

Orlena

I don’t mind the eBay fees, it’s the damn sales tax that gets me. Can’t wait to get back to a show!

neildrobertson

@stealer said:

@P0CKETCHANGE said:
Reddit is weird and may be considered foreign especially to the older folks here, but as an individual collector it’s been great using it to both sell and buy. I’ve been able to sell coins and end up with a higher net gain than if I’d sold on eBay, and I’ve been able buy coins and bullion at lower prices than any of the major sites offered.

As a younger volk, how do you balance the risk / reward of higher net gain but also higher risk?

My biggest concern is dealing with people sans eBay being a bigger brother to watch over the transactions, or the specter that is "forum karma".

Be cautious on large transactions or deals too good to be true. They have a feedback system too for knowns to become established. I use it for coins and bullion.

ricko

If I ever sell my coins, it will be to trusted individuals in a venue with no fees. Cash is king... Cheers, RickO

stockdude_

I highly recommend Great Collections. The sellers fee is only 5% ( for less than $1000 coins). All you have to do is get the coins to them. They do everything else ie list them, photograph them etc. Ive had very good results using them

jmlanzaf

@Orlena said:
I don’t mind the eBay fees, it’s the damn sales tax that gets me. Can’t wait to get back to a show!

Coin shows, the home away from home for tax cheats everywhere!

If you live in a state that charges sales tax on coins - which you must if eBay is charging it - then they should be charging you tax at the coin shows also. I wish the states would crack down on coin shows. It's really unfair to sellers who are obeying the laws.

jmlanzaf

@stockdude_ said:
I highly recommend Great Collections. The sellers fee is only 5% ( for less than $1000 coins). All you have to do is get the coins to them. They do everything else ie list them, photograph them etc. Ive had very good results using them

The total fee is 15+% (10-13% buyer's fee). They are a great venue, but eBay is generally cheaper.

davewesen

it depends on price range and quality

Jimnight

Good luck!