is the largest possible venue always better?

dorkkarl

i guess ebay generally get's coins for sale in front of the largest audience. heritage might come in 2d? but what i'm wondering is, if $$$ is my primary concern, is the best venue for selling coins always the largest possible venue? just curious what you think.

K S

Barry

Personally, I've listed a few pricey coins (1-15K) on Ebay over the years and have done fine with all of them. Would I have done better with Heritage. I doubt it, though we'll never know. I do know it didn't cost me 15% in fees.

elwood

I think the best venue is one of the major numismatic auction houses.

If you have a certain series of coins to sell, it's best to piggyback them with similar material of a major collection that gets hyped and draws a lot of attention from collectors of that series.

MadMonk

Too many shades of gray Dorkkarl. This hobby is about the hunt as well. We do not want to limit our resources.

dorkkarl

madmonk, i don't understand... ?

K S

mgoodm3

The best venue is the one that has the most people who want to buy your coin.

Dave99B

Yes!

Veep

Absolutely not. I believe that there are different markets for different coins. Some will do better on e-bay, some will do better at a place like Heritage, some will do just fine on our own BST Board, some will sell for crazy prices at a local auction, others will do better in private treaty. Some coins will do fine no matter what the venue. I think you need to match the coin to the the right target group of
customer(s). Its part of the marketing process just as much as chosing a certification company (or not) is.

dpoole

I agree, Veep. It depends on the coin.

If the coin is generic, even an expensive one, then Ebay is fine. Save the 15%. If eye-balling the coin by knowledgeable people can make a difference, because it's particularly strong for the grade, has enhancing toning, has other charactgeristics that set it apart to a knowledgeable buyer, then definitely a major auction house that allows people to preview the coin.

WaterSport

I concur: I think Ebay is a "blue collar" venue. I often see Very high price/Quality stuff being posted and no bids taken. If it were my high quaility stuff, I would go to where the deeper pockets are.

WS

Dave99B

Ebay is a "blue collar" venue....


Hmmmm, I wonder why Heritage and some other big auctions companies spend $$$$ to co-list their auctions there.....

Hmmmmm....

Dave