I need some selling advice on small lots on EBAY.

TheLiberator

Hey guys. I have a small lot of mercury dimes and I am wondering the best way to get rid of them on ebay. There is a small ziplock bag full of them and they are from the vg range to ef. In other words, they are a nice circulated group that would be a good starter set for someone. Here is my question: Should I sell them as a whole lot with many duplicates or try to sell several smaller lots with individual dates? The dates are from the late 30's to 45. I could sell several smaller 5 coin sets (40 -45 for instance) and do it that way. What do you guys think I should do? I am a new seller and I am trying to sell some smaller items to get my seller feedbak going but I also want to make the sales worthwhile for myself and the buyer. Also, since I am not a circulated merc guy, what do you guys think is a fair starting or buy it now price for something like a 5 or a 10 coin set? The whole lot?

Thanks in advance for any help you might be able to give me!!

Coinerww

List them here for a week and then do them on ebay. Ebay has fees this place does not. I would sell them in a lot worth $10 or so.
Warner

Zulan

Should we l@@K!!!! at your UNSEARCHED LOTS!!!?

Just fooling around.

Zulan

Option1

Put them in a small antique tin or box mixed with other stuff as a lot. Make the lot worth about 35-40 bones.
This works seems to work well.

bestbino

I would first of all count them. Let the buyers know exactly how many they are getting. I would guess your going to get between $.50 - $.75 per coin. I would sell them all together as one lot to save money on your listing fees. 10 coins is going to cost you a couple of bucks just to list them. I normally start my auctions very low to attract a few starting bidders. Then let the market fall where it may for your particular coins. You should get several bids, especially the last day. Then the buyer will feel good that he got a decent deal. And you get some good feedback.
One more thing, Make sure you specify in the Title "Mercury Dime Dimes" .

Baley

sell them by the roll of 50.

relayer

You could put as many in a Whitman folder as you have and sell it as a starter set.

Then take the rest and include a PCGS MS65 Mercury dime and list them as

42 Mercury dimes - and one is a PCGS MS65

WACoinGuy

You didn't specify what your goal in selling these dimes is -- to get the most money possible, or to have some fun selling? If you want to have some fun, I'd try to break them into a few lots and sell them that way. Find a few date runs that might interest a collector and sell them as a separate lot. I like the idea of throwing them in a Whitman folder, that would really be a nice way to market it as starting a collection. If you have enough, try to pull out the VF-XF coins and see if you can get a good date set from those coins. Try putting together a roll. You'll probably find that most of these lots will sell for the silver melt value or slightly above, and the E-Bay and mailing fees eat in to your profits. But you may have some fun, and you'll gain selling experience. If this is something that appeals to you, that's the way I'd go.

If you're in it just for profit, it's probably better to put them into 2-4 lots. The best thing about having more than one lot is that you may end up getting lucky with one of the lots and it will go for a good premium. If you only have one lot, the odds of that happening are lower. Also, since these lots will go for close to silver melt price, you'll essentially be dollar-cost averaging against the price of silver by going in several lots over a few week period.

I'm reminded of some advice I read about playing blackjack in Vegas. If your goal is to double your money (and you're not counting cards), the best thing to do is put all your money on one hand, and you'll have close to a 50/50 chance of doing it. But if you want to have fun, you want to spend your bankroll over many hands, even if your odds of doubling your money go down dramatically.