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Shout out to Great Collections

Last year I sold some British coins via Great Collections. I was very pleased with the results. I put 3 more British coins in the auction that closed last night. Again, I am very pleased with the results. The total commission that I paid works out to only 2%. I will use Great Collections again in the future.

Comments

  • jt88jt88 Posts: 2,781 ✭✭✭✭✭
    edited September 25, 2023 6:17PM

    Nice

  • RSPRSP Posts: 64 ✭✭

    And the buyers fee?

  • goldengolden Posts: 8,965 ✭✭✭✭✭

    @RSP said:
    And the buyers fee?

    10%.

  • GC was a hidden gem for Mexican coins when I began collecting several years ago. Not so anymore as all the vultures have discovered the site. Buyer’s fee is 12.5% via credit card. There’s also like one week wait when you first buy.

  • jt88jt88 Posts: 2,781 ✭✭✭✭✭

    GC should setup Zeller so buyer can use Zeller to send money not wire.

  • 1960NYGiants1960NYGiants Posts: 3,441 ✭✭✭✭

    @Faith23219 said:
    GC was a hidden gem for Mexican coins when I began collecting several years ago. Not so anymore as all the vultures have discovered the site. Buyer’s fee is 12.5% via credit card. There’s also like one week wait when you first buy.

    Similar thing happening with Canadian coins. Wouldn't exactly call them vultures though :) . Smart collectors go to where the coins are.

    One thing I've noticed on GC is the many listings starting at stupid high (over cat) prices. Example: https://www.greatcollections.com/Coin/1408203/Canada-1892-Cent-KM-7-PCGS-Genuine-VF-Details. This is an $18 CAD coin when straight graded. Ian, if you are reading this, please remove these kind of listings. They ring like the over graded / priced junk found on eBay. No need to bring that distaste to your platform.

    Gene

    Life member #369 of the Royal Canadian Numismatic Association
    Member of Canadian Association of Token Collectors

    Collector of:
    Canadian coins and pre-confederation tokens
    Darkside proof/mint sets dated 1960
    My Ebay
  • @1960NYGiants said:

    @Faith23219 said:
    GC was a hidden gem for Mexican coins when I began collecting several years ago. Not so anymore as all the vultures have discovered the site. Buyer’s fee is 12.5% via credit card. There’s also like one week wait when you first buy.

    Similar thing happening with Canadian coins. Wouldn't exactly call them vultures though :) . Smart collectors go to where the coins are.

    One thing I've noticed on GC is the many listings starting at stupid high (over cat) prices. Example: https://www.greatcollections.com/Coin/1408203/Canada-1892-Cent-KM-7-PCGS-Genuine-VF-Details. This is an $18 CAD coin when straight graded. Ian, if you are reading this, please remove these kind of listings. They ring like the over graded / priced junk found on eBay. No need to bring that distaste to your platform.

    I call that the noob tax. When I first got into Mexican Numismatics I didn’t completely comprehend the market and definitely got hosed by some sellers who have very high sales numbers and high feedback on ebay but egregiously overprice their items. IMO these folks feast on noobs and the uninformed as no informed person is going to buy anything they sell.

  • Project NumismaticsProject Numismatics Posts: 1,284 ✭✭✭✭✭

    @1960NYGiants said:

    @Faith23219 said:
    GC was a hidden gem for Mexican coins when I began collecting several years ago. Not so anymore as all the vultures have discovered the site. Buyer’s fee is 12.5% via credit card. There’s also like one week wait when you first buy.

    Similar thing happening with Canadian coins. Wouldn't exactly call them vultures though :) . Smart collectors go to where the coins are.

    One thing I've noticed on GC is the many listings starting at stupid high (over cat) prices. Example: https://www.greatcollections.com/Coin/1408203/Canada-1892-Cent-KM-7-PCGS-Genuine-VF-Details. This is an $18 CAD coin when straight graded. Ian, if you are reading this, please remove these kind of listings. They ring like the over graded / priced junk found on eBay. No need to bring that distaste to your platform.

    If I had one critique of GC (among the many positive contributions GC has made to the hobby), it is that starting bids on some material are too high. This material attracts no bids and sits for week after week through several relistings and cluttering up search results. I would Imagine consignors of these coins are disappointed too - though a consignor with excessive expectations will always be disappointed regardless of auction mechanics.

  • jgennjgenn Posts: 734 ✭✭✭✭✭
    edited September 29, 2023 9:12PM

    Interesting. I sold a set of coins through Heritage and because several were purchased through Heritage (something I was sure to mention when I met with the representative) I did not pay any commission. Do shop around when you place your items for sale.

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