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Choices for world coin auction house.

FrankHFrankH Posts: 982 ✭✭✭✭✭
in World & Ancient Coins Forum

As you may know, I have a few world coins on the BST here.
https://collectivecoin.com/Sluggo

I'm in the process of making a decision on many more and ...scarcer.... world coins.
Range: $100.00 to $3,000 to $4,000 coins.
An eclectic mix and a fun time acquiring. :)
But it is getting too close to the end of my time and I think now is the appropriate time to "let go."
My cursory analysis indicates:
Great Collections
Heritage
Stacks
I don't know if geographic location of auction influences world coins or not.
All the coins are slabbed.
Any advice will be appreciated.

:)

Comments

  • SimonWSimonW Posts: 981 ✭✭✭✭✭

    Any pillars (1732-1772) or Bolivia republic? (1827-1863)

    I would do Stacks personally

    I'm BACK!!! Used to be Billet7 on the old forum.

  • YQQYQQ Posts: 3,314 ✭✭✭✭✭

    TRY ** MA-Shops** in Germany or Kuenker

    Today is the first day of the rest of my life
  • FrankHFrankH Posts: 982 ✭✭✭✭✭

    @SimonW said:
    Any pillars (1732-1772) or Bolivia republic? (1827-1863)

    I would do Stacks personally

    That's why I mention them. However, I am a bit confused on their fee structure and sale commission.
    One Google source says no buyer fee, but on same page says it is 20%
    I don't want to bother them with needless questions as at this time it's too preliminary.
    Their realized results seem pretty attractive but I would like all phases clarified.

    ... so I'll bother you folks on the forum. :D

  • neildrobertsonneildrobertson Posts: 1,223 ✭✭✭✭✭

    If you want to send them all to a single place, then probably Stack's. If you are willing to split things up and go international, then you could target some others.

    Where did you buy the coins from? The same places could be where they are sold, even if it is a dealer.

    IG: DeCourcyCoinsEbay: neilrobertson
    "Numismatic categorizations, if left unconstrained, will increase spontaneously over time." -me

  • SimonWSimonW Posts: 981 ✭✭✭✭✭

    Buyer premium is 20% (the person bidding on your item pays an additional 20% on top of the hammer price.)

    I believe the Seller/consignor pays between 10% and 20% depending on the value of the consignment.

    I'm BACK!!! Used to be Billet7 on the old forum.

  • SimonWSimonW Posts: 981 ✭✭✭✭✭

    So they make 30-40% on a coin, some on the front end, some on the back end. As far as I understand it. I’ve consigned before, but never to Stacks.

    I'm BACK!!! Used to be Billet7 on the old forum.

  • ExbritExbrit Posts: 1,318 ✭✭✭✭

    What kind of coins do you have? You say world, but depending on what you have a foreign house might be worth considering. There are plenty of good ones out there and some with lower commissions.

  • FrankHFrankH Posts: 982 ✭✭✭✭✭

    I only have about 50 total world coins so I will be keeping everything on US shores. ;)

    They're a hodgepodge eclectic bunch so no country is represented heavily.

    I wish GC would finish updating their world coin archive.

  • neildrobertsonneildrobertson Posts: 1,223 ✭✭✭✭✭

    GC seems to only do well with certain types of world coins. I would be nervous about consigning a broad range of material there. The audience for GC seems to be primarily people in the US and the interests reflect that. High grade coins and old holders have done decent for me there. Things that are niche with a more limited interest tend to go for less.

    IG: DeCourcyCoinsEbay: neilrobertson
    "Numismatic categorizations, if left unconstrained, will increase spontaneously over time." -me

  • AbueloAbuelo Posts: 1,842 ✭✭✭✭✭

    I think depends on the material. Stack's or Heritage will negotiate commission depending on the size and quality. If you have, as I understand, 50 coins, decently graded and they are truly numismatic material and not bullion, they will likely offer you a deal. If the coins are not expensive, it is less likely that this would happen.

  • realeswatcherrealeswatcher Posts: 414 ✭✭✭
    edited September 13, 2023 7:24PM

    Ditto the 2 comments above.

    For the lower material, it's probably worth it to keep trying on the Sell forum here... OR, of course, eBay (perhaps even an eBay consignment dealer if you don't want the hassle).

    I will say that the Heritage Weekly auctions DO seem to do quite decently even on low 3-figure material.

  • JabshierJabshier Posts: 30 ✭✭
    edited September 14, 2023 11:03AM

    For higher end nicer coins (with good eye appeal and toning) say $500, $1,000+ or more heritage is your best bet for selling them if you want get the best crowd bidding on your stuff like platinum night …. Stacks is alright too but heritage pulls in more dealers/collectors looking for nice nice coins for their collections

    As For lower end stuff Great collection will do , when I want nice coins I always go to heritage or stacks , great collections is “so-so” in my opinion they sell/bid off a lot of the lower end stuff

  • NapNap Posts: 1,731 ✭✭✭✭✭

    Latin American you’ll do well with HA and Stacks due to a large number of American collectors interested in that material.
    British Isles consider CNG, Spink, Noonans
    Other European consider Kunker
    Islamic consider Steven Album
    Ancients you have many options, including the above. If high end material, consider one of the Swiss auctioneers.
    I have no experience buying or selling coins from Asia, Africa, etc. so can’t advise there.

    I’ve bought from most of the above but have limited experience as a seller. Good luck!

    My medieval coin collection
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