How do you use the BST (Buy, Sell & Trade) forum?
P0CKETCHANGE
Posts: 2,560 ✭✭✭✭✭
Curious how many of the folks that frequent the US Coin forum are also participants over on the BST. Please comment and add context about why and how you use it, if you’re so inclined.
Nothing is as expensive as free money.
How do you use the BST (Buy, Sell & Trade) forum?
This is a public poll: others will see what you voted for.
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Comments
I plan on resuming more offerings on the BST once my work hours go down.
I’ll also add that the majority of my sales, (and a few buys) with forum members are direct and not posted on the general forum.
I don't use the BST which is not actually an option.
I've offered items for sale more often recently but have made a number of purchases there as well.
Typically I'm selling common coins there at a significant discount to eBay/auction prices. If I buy, similarly I'd be looking for a bargain if a common coin.
I haven't seen any scarce coins that interest me pop up in some time.
Chopmarked Trade Dollar Registry Set --- US & World Gold Showcase --- World Chopmark Showcase
I have mixed feelings on some of the sellers and wares offered there.
I have grown my collection using the bst and very satisfied. More importantly, I've met some interesting transcontinental people, for sure. Peace Roy
BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW
I like using it, I've purchased 2 coins from the BST. But in some cases the prices are higher than I can get locally, so I pass. I do like some of the nice coins for sale though.
My current registry sets:
20th Century Type Set
Virtual DANSCO 7070
Slabbed IHC set - Missing the Anacs Slabbed coins
I tend to buy more than I sell, the BST has been a great resource for me and over the years have bought many really nice/great coins. I can usually find at least one nice collectable coin being offered almost every day, price is the one stopper as of late much of what is offered is offered at retail or better prices. As such I have bought less in the recent years than I did in years past.
There has always been a large percentage of dealers here on the forum, but it seems to me that the number of collectors has fallen and the board has a higher population of flippers, and vest pocket dealers, perhaps that explains what I have noticed over time with respect to the pricing on the BST.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
I just browse and see what's out there
I sell frequently on it. You can see my listing currently. Often, stuff sells quickly, as I try to price things as close as I can get to wholesale than retail, which I think helps collectors here (I mean shoot, BU morgan dollars at $2 over wholesale, and $8-15 under retail, bargain! ). I would argue that I do between 25 and 50K per year on BST, on coins that are typically less than $400 each. Frequently, its coins at the $100-200 level, unless I'm moving gold, big 90% deals, or better date CC dollars, etc. I've got a lot of great connections due to BST, and I'd argue, several good friends as well. And now I know who I can reach out to directly to offer something they might like in advance, rather than having them miss a posting. As for high-end collector coins, when I have offered them, they frequently get the "nice coin" response with little to no action. Therefore, I typically don't offer those much anymore. But every now and again I do...!
When I seen something I want at a good price, I'll also buy it quickly. Every now and again, other folks beat me out to the deal, and that is A OK in my book!
Surf
Used it a few times and hopefully more coins I am looking for show up for sale.
LOL, oops.
would you care to elaborate? I’m curious
Nothing is as expensive as free money.
It's very often the first place I go to sell; if I can sell there 7% back where something would land on GC then it's a win for everybody. Same re: ebay prices. But it's a thin marketplace and sometimes the buyer just isn't there, regardless of advantageous pricing. I've bought plenty of nice coins there too and would again although my wish list now is pretty narrow and specific so it's not all the time that there's anything for me there.
Edited to add -- out of curiosity I went through my records and found that 24 items from my 7070 type set came from the BST, mostly purchased between 2005 and 2014.
No categorically correct answer for me. I used to both buy and sell frequently on the BST and have nothing but good things to say about those times. It no longer offers coins that interest me and hardly ever even view it now.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
I’ve bought some great coins on the BST and sold my fair share without any problems. I think there are a few too many sellers on the BST who have unrealistic prices or there are others who play the make me an offer game.
I know someone on the boards who I sold some very nice coins to and I’d accept a return from him in a heartbeat.
I don't want to give out my address and personal info. Its nothing personal, I live with my parents and they would not support that. Also, I don't like paying shipping. Edit: I do actually know what it is, I've just never looked at it.
God bless all who believe in him. Do unto others what you expect to be done to you. Dubbed a "Committee Secret Agent" by @mr1931S on 7/23/24. Founding member of CU Anti-Troll League since 9/24/24.
I occasionally look at BST as a potential buyer, but the asking prices seem too high, usually. I have never bought or sold anything there, but have done a lot on eBay.
Somewhat surprised that you don't at least post your ebay handle on the BST. You would garner more eyes for possible sales there I would think.
So.....no-one has had problems with how the search format works. I just love getting results that are years old and one time, I tried contacting the seller before realizing the guy might be dead.
I know how to enter search terms and isolate the forum to search. But entering a date and the time frames it offers, a day or week..... Yeah, I keep trying with an assortment of combinations.....there are no clear posted instructions on how one should proceed. The other option is to search every page and click away and keep scrolling!
Leo 😅
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Anyone who's actively selling an item probably bumps the thread to make sure it doesn't fall too far behind. My typical BST perusing involves going through the first page, maybe the second, and then I'm caught up. Using the search feature is unlikely to help with anything, being that the search function is poorly refined here, and not everyone lists the coin the title.
Founder- Peak Rarities
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I sell some gutter metal over there. THKS!
The whole worlds off its rocker, buy Gold™.
I've never used it but do browse the first few pages fairly often so no category really fits. The above comment by @hfjacinto says it best for me. I have plenty of local sources where I get deals that can't be beat in the BST or most anywhere else on line for that matter.
It does seem to be a good place for many to locate some great items. I'll keep browsing and maybe list some in the future.
Mark
I bought my first BST coin back in 2007 and I'm still going to this day. I've bought way more than I've sold but have sold a handful of raw and slabbed coins as well. Other than 1 instance in the early 2010's where I had concerns with the coin in hand and worked with the seller to return it to them on their dime, I've had an excellent track record with the BST and have added some nice pieces to my collection gradually over time through it.
Bottom line, the BST is always worth checking in, as there are sometimes exceptionally great deals for some killer coins.
I've been more in "buy" mode for the last year, but I'm going to make a concerted effort to sell more this year...
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
I check the BST board at least twice a day. I've sold a few items there, but I'm generally just a buyer. I usually pick up a few coins every year. I love the BST.
Dave
Fair point. I don't know why I don't. Although long-time users here know it. Others occasionally ask what it is.
If you wish I would appreciate it,via pm if you desire, to peruse your wares.
BST purchases. I added a sticker to the 39-0.
I have sold some coins on the BST over the years. With the exception of one buyer choosing to return the coins I sold him all sales were completed and the transactions went smoothly.
I have never bought a coin on the BST, yet.
Positive transactions over the years, no complaints....
Many years ago I made a few purchases but nothing for nearly a decade or so.
I use it BOTH buy and sell, occasionally (a few times a year)
I really like using the BST for buying and selling, more selling than buying, just not that many gold dollars for sale. However it does get frustrating with some peoples comments.
For example, I listed this coin a couple years ago, with the following description:
This is a nice clean and lustrous civil war era gold dollar.
Never been to CAC and likely will sticker.
$599 shipped.
I received this comment as a post. not a PM. "Tell me, is an unreadable C in America a common thing with this year or was this one just beat up at that particular spot??"
BTW, no one on the forum bought it, and I did submit and receive a CAC sticker. It later sold for $1275 on ebay.
I check out the BST every day but mostly I put my Wanted To Buy posts.
I've had many WTB posts and very rarely do I get anybody to respond, sometimes I wonder if "anybody" is watching!
Some of the coins are diffecult coins but not rare in any way
Mike
My Indians
Danco Set
To be fair, the photo does look like it could be a ding on the C.
everythingvaluable (more comics than coins at the moment, but some nice paper money)
Inexpensivetrifles (really cheap stuff)
Had some good deals there both sides of the ball. One local guy (on sell side) became a regular buyer / investor client. Another near me, became partners on an estate deal which panned out real nice.
I've found it too hard to find anything I would be interested in buying
Those comics bring back memories. Some nice issues. Mom threw them out along with the 60's baseball cards. An oft repeated dilemma. That's why the value in the survivors today.
The BST is a great resource, but I use the BST the same way as how porcupines make love---very carefully! If I don't know you as an active and long-time forum member, I won't buy your coin unless I can pay for it after I receive it and examine it. Caveat emptor.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I have used it sparingly for many years. I have had some good transactions. Unfortunately, you run into a lot of wannabe dealers who tire kick and lowball offers. In the future, I will likely use it to buy but not so much for selling.
I have used BST successfully many times over the last several years and have made some friends along the way due to similar interests !! win win.
Top 10 Cal Fractional Type Set
successful BST with Ankurj, BigAl, Bullsitter, CommemKing, DCW(7), Elmerfusterpuck, Joelewis, Mach1ne, Minuteman810430, Modcrewman, Nankraut, Nederveit2, Philographer(5), Realgator, Silverpop, SurfinxHI, TomB and Yorkshireman(3)
Best thing that ever happened for Great Collections.
Oops, I picked the wrong one and don’t know how to fix it. I meant to pick “I use it to buy a couple times a year. Sorry about that
Mr_Spud
Fixed it for you. I use it only to sell and have had really good luck selling old coins. I price them pretty cheap and they sell fast.
Moderns sell only irregularly on the BST.
Thanks 😊
Mr_Spud