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SALES

Anyone selling much these days? seems to have slowed to almost a hault.

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    CatbertCatbert Posts: 6,605 ✭✭✭✭✭

    Sure. Check out Great collections, Heritage, Stacks, Legend, etc. lots of consignments and sales!

    "Got a flaming heart, can't get my fill"
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    CollectorcoinsCollectorcoins Posts: 3,189 ✭✭✭

    selling on here?

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    Cougar1978Cougar1978 Posts: 7,640 ✭✭✭✭✭

    Online sales this month strong.

    So Cali Area - Coins & Currency
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    JimTylerJimTyler Posts: 3,060 ✭✭✭✭✭

    I have a few things for sale and not selling that’s OK. All I would have to do to make them disappear is to keep lowering the price.

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    As usual, I am not selling.... Well, sold one coin this year. Contemplating some gold sales though... Cheers, RickO

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    U1chicagoU1chicago Posts: 5,619 ✭✭✭✭✭

    It is slow. I’ve also heard some dealers have built up larger inventories and are struggling to move much. Maybe the post 2020 market bump has come to an end and it will take lower prices to have items start selling again. Or it could just be that people have reached a point of uncertainty and are taking a break (and things will pick back up when they realize there aren’t better places to park their funds).

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    privatecoinprivatecoin Posts: 3,190 ✭✭✭✭✭

    My ebay sales have slowed a bit.

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

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    jclovescoinsjclovescoins Posts: 1,853 ✭✭✭✭✭

    Markets are not friendly the past week - that could definitely be why. I have several holdings down 25% in just the past week lol

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    291fifth291fifth Posts: 23,945 ✭✭✭✭✭

    The coin market only goes up. It has no top. Sales are always double-nuclear. ;)

    All glory is fleeting.
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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    Very strong sales this.

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    jmlanzafjmlanzaf Posts: 31,997 ✭✭✭✭✭

    @ErrorsOnCoins said:
    Very strong sales this.

    Agreed. I can hardly keep up with the shipping.

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    jmlanzafjmlanzaf Posts: 31,997 ✭✭✭✭✭

    @Collectorcoins said:
    selling on here?

    Try a real marketplace like eBay.

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    Jzyskowski1Jzyskowski1 Posts: 6,651 ✭✭✭✭✭

    As an avid eBay traveler and explorer, I’ve received offers this week for items at the very top of my want list. With the best price I’ve ever seen. ( ofcourse, I wish I had purchased at times of release 😁)
    I’ve pulled the trigger twice in the last 2 days on both items I’ve been actively watching for a longggggg time and one of which completes an entire series of every example available. 😁.

    🎶 shout shout, let it all out 🎶

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    pcgscacgoldpcgscacgold Posts: 2,638 ✭✭✭✭✭

    Prices are down. Sales have slowed. A quick look at Half Eagles up for auction on GC shows that only 3-4 of the first 20 items have opening bids. Sellers still want strong prices but buyers have been expecting lower prices. Could be time to take advantage of slow sales.

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    FrankHFrankH Posts: 780 ✭✭✭✭✭

    Seems from looking that the "sorta stretch" prices are softening quite a bit.

    "Irrational exuberance" on toned Morgans. :/

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    bigjpstbigjpst Posts: 3,033 ✭✭✭✭✭

    According to ebay my sales are up 123% over same time last year and 15% over last month. Doesn't seem that busy, but slow and steady wins the race.

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    PhillyJoePhillyJoe Posts: 2,687 ✭✭✭✭

    I receive a lot great advice from this board. The most recent one said” I don’t sell/ship anything last 6 weeks of the year.” Makes sense. Anything I have to sell (and many times buy) can wait until next month.

    The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition. image
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    yspsalesyspsales Posts: 2,231 ✭✭✭✭✭

    Not much at all.

    Been reorganizing clutter and taking images.

    Got more sports cards than coins to sell anyway.

    Most of my time has been family, travel, and setting and studying for my real estate exam.

    BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out

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    coinbufcoinbuf Posts: 10,771 ✭✭✭✭✭

    @Collectorcoins said:
    selling on here?

    I bought five coins in the past two months from the BST, all great coins (imo). I like several of the coins you have/are offering but none were coins that fit what I was looking for. Sometimes it is just that simple given that the BST is a smallish marketplace.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
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    DeplorableDanDeplorableDan Posts: 2,562 ✭✭✭✭✭

    @pcgscacgold said:
    Prices are down. Sales have slowed. A quick look at Half Eagles up for auction on GC shows that only 3-4 of the first 20 items have opening bids. Sellers still want strong prices but buyers have been expecting lower prices. Could be time to take advantage of slow sales.

    I'm not a fan of how GC listings have been headed in that direction. Many consignors listing with opening bids at full retail, priced above recent auction sales, its reminiscent of eBay now. I know on the consignment form it says they wont list coins with an opening bid over 80% of a coins value, but I imagine the consignor just overshoots the "value" to circumvent that. If you ask me, people are taking advantage of the low listing fee (10$) and they get their coin photographed and listed up to 5 times for no additional cost. Seems like a lot of extra work for Ian and the team that slows production, with no benefit to them. Eventually, I wouldn't be surprised to see listing fees raised for this reason.

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    CoinHoarderCoinHoarder Posts: 2,471 ✭✭✭✭✭

    I have not sold anything this year.

    As far as buying, I have found very little of interest lately, for what I am willing to pay.

    For quite some time now, I have primarily been into hand picked "junk" silver, and low priced silver dollars.

    If prices continue to rise, I will probably quit buying all together, and just hold what I already have accumulated over the years, at much lower prices.

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    fathomfathom Posts: 1,513 ✭✭✭✭✭

    Yes, decent material is so hard to buy, you can see it in the mid-market consignments at auction. They are of sub par quality to be generous.

    Sales for me as a small seller are up and down.

    The good stuff is holding pricing quite strong and sells easily.

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    SurfinxHISurfinxHI Posts: 2,351 ✭✭✭✭✭

    I am consistently outbid on things at auction, but I am pricing my bids to be competitive with resale. So I'm not surprised. I am surprised at the optimistic opening asks on many coins...which is why they sit (to include places like BST).

    I've done three shows in the last 2 months. I was wiped out by buyers like heritage and stacks....all paying full wholesale or better. So they are expecting to get more than that in their auctions. And my inventory dwindled down, for sure!

    90% softened dramatically, as did bars and rounds. Might be a good entry point in front of the new year, hard to say....Gold is still nicely strong for common date materials, but it is not "overly optimistic" per transactions at shows.

    Overall for the year, I'd say sales are up 25% with an increase in ROI by about 5-8%. But again, your mileage may vary, and my target markets are often different than other dealers.

    Surf

    Dead people tell interesting tales.
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    DisneyFanDisneyFan Posts: 1,722 ✭✭✭✭✭

    @DeplorableDan said:

    I'm not a fan of how GC listings have been headed in that direction. Many consignors listing with opening bids at full retail, priced above recent auction sales, its reminiscent of eBay now. I know on the consignment form it says they wont list coins with an opening bid over 80% of a coins value, but I imagine the consignor just overshoots the "value" to circumvent that. If you ask me, people are taking advantage of the low listing fee (10$) and they get their coin photographed and listed up to 5 times for no additional cost. Seems like a lot of extra work for Ian and the team that slows production, with no benefit to them. Eventually, I wouldn't be surprised to see listing fees raised for this reason.

    I'd hate to see GC listing fees raised. In fact, I just sold some coins outright because I didn't want to deal with these extra fees.

    I'm also beginning to notice the number of coins still listed at BID. For example, in this week's auction of early commemoratives I'm seeing 25 out 58 CACs still showing no bids. How long they have been there, I have no idea. What first caught my attention was a pair of early date Buffalos that have been listed continuously since early summer.

    Don't get me wrong, I really like GC; but, I think they need to be stricter in what they list for auctions. At this point in time they seem to have too many listings if we are seeing listings for auctions as far out as January 29th. Another reason why I decided to sell outright.

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    1madman1madman Posts: 1,298 ✭✭✭✭✭

    Relax everyone, it’s the holidays. Sales will jump back after the FUN show, like they do every year. Prices are actually quite strong right now considering that fact

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