Thinking of selling my soapbox set soon
AlanSki
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Should I try and sell it as a set or piece it apart two to three at a time? Should I just send to auction and let them deal with it? There are some low digit serial number and others that would 100% upgrade today. I’m not planning on selling for at least 5 months so I have time to plan.
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With that much time I would either upgrade or CAC in order to improve your sales. You could do so by sending them to Ian at GC. Best of luck. I have 20 half cents with him 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
More information please.
What TPG -- PCGS, NGC, ANACS?
What generation of holders?
Since you mention a soapbox set I will have to assume they are the old ANACS holders. If so, then CAC is not an option. Also, since the set is dedicated to soapbox holders then it kind of defeats the purpose to send them in for regrade.
It all depends upon how much work you want to do. The amount of work will dictate to an extent the amount of income. Lots of low value or non-liquid coins will require a ton of work and get little financial reward, but high value and high liquidity coins will sell quickly. How many coins to you have? What is their average value on the market? What is the range of value?
In honor of the memory of Cpl. Michael E. Thompson
I’ve only owned 1 soapbox, and it was a common date Barber Half in AU53 that I bought as part of a collection. I didn’t really want the coin, but there were others in the group that I did want and I bought it as more of a courtesy. Walked the floor with it at CSNS and no one would buy it for $300. I had it posted on Facebook for $320, no bites or offers at all.
Sent it to GC and it sold for $400, I netted $370. That’s the only data point I have for you.
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There are very rare exceptions (such as matched original proof sets or three-piece classic commemorative P, D, S sets), but it’s almost always better to sell coins individually than as a group/set.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Seems like just yesterday you were busy putting together your set. Do you routinely buy and assemble then sell the set when you've done with it? From what I've seen over the years rarely do people sell the set and come out as well as they would have by selling the separate parts. Not to say that I haven't done exactly that and sell sets that I've assembled, and just taken the beating to move on quicker.
I’m sending mine to GC to see how they fare at auction
I enjoy finding and releasing. The hunt of finding the best I can afford is what my projects are about. When continuing on prices me out, it’s time to start a new set.
I have ANA holders mixed in with 3 digit + serial numbers. It starts with Wheat cents and ends with a Trade Dollar. PDS set of 51 Carver’s. 95% is toned. There’s an 1884-S that’s toned. Toned 1923-S Peace, 1877-CC Arrows Small CC Seated half dollar, 1892-O VAM-7 and 1880-O 2nd 8/7 Morgan’s. Lots of random items I thought were interesting at the time.
@TomB
Sorry, you are right. I knew they were soapbox, just wasn't thinking. I would still send them to Ian. JMO
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
Depends on how many total slabs, but it sounds like a hodgepodge of stuff. Sell individually in groups of 10, over a period of weeks. Don’t dump like 100 at once all ending in 1 night.
Ian does this very well. When I send Great Collection stuff to auction, it’s broken up over multiple auctions so that the same coins aren’t in the same auction competing against each other (both my coins and the coins of others).