Collections on Ebay

eyoung429

Has anyone here ever purchased or considered purchasing one of the estate auctions from ebay?

If so, what kind of a return could you get if you were after only about 8 of the coins?

Or, are mose of these just circulated coins that hold no resale value?

I am looking to purchase one of these around December to pick up some of the slabbed issue and sell off the raw (unless they are worth a certain percentage of the initial auction).

mirabela

When I was real new to ebay I considered doing that, so I followed a bunch of them and tried to figure resale value, etc. Most of them get bid up to levels where you'd do a huge amount of work in terms of listing and shipping in order to make very little profit. In some of them, I'm sure people lost money. Maybe there's a score out there somewhere still. I've done OK breaking up a few smaller lots, not whole collections, but I've concluded I'm better off just buying what I want and accepting that I'll have to really pay for things that are any good.

TWODOGS

If you have an outlet for the junk that's not worth selling on ebay, you can come out pretty well on buying some of those collections. Over the years I have found some nice stuff buried in all the junk.

relayer

If all of the "Estate" sales on eBay were from actual dead people, there wouldn't be anybody left on Earth to buy them.

SQLgeek

Would these be good for some starter collections, not for resale?

RotatedRainbows

<< <i>If all of the "Estate" sales on eBay were from actual dead people, there wouldn't be anybody left on Earth to buy them. >>

mirabela

I'd avoid them as starter collections too, since most of them are mostly junk. Why start a collection with somebody else's nearly-random assemblage of things you'll eventually want to get rid of? Why not go and find something you're really interested in? There is lots of cool coinage out there that doesn't cost much.