POLL: If you had to pick a way to sell a coin...

Barry

I have a key date type coin I'm looking to sell. It's worth about $25K. I've considered an auction house. It was also suggested to me (by a dealer) that I consign it to him. What would you do?

Longacre

I don't think you can go wrong first starting out with the personal service of a highly respected high end dealer.

ms70

I sold directly to Heritage at the Pittsburgh ANA and was quite pleased. They suggested that I consign but I didn't want to. I later saw the
coin in one of their online auctions and it hammered for less than I sold it to them for.

RYK

I think I know what the coin is, and I thought I already offered "25' for it.

Tough to answer. I assume that choices 2, 3, and 4 are actual dealers. Choices 2 and 3 should not be mutually exclusive (ie. Pinnacle and Legend). You might also consider that both of these firms (and other high-end firms) have numismatists who are specialists, or at least super-generalists.

The other thing to consider doing is consigning the coin with a dealer for a certain time period (say 3 months), and if it is not sold by then, you might be able to get it into a summer ANA auction.

I think your choices are far less limited than you have presented.

I voted "other" since you can do a combination of these...or you could sell it to me for 25.

Shamika

I'd go with the well-respected dealer specializing in this type. He/she will usually have the kind of contacts who are waiting for such a coin and will also have the 25 G's necessary to purchase it.

michael

Shamika
Master Collector

Posts: 5462
Joined: May 2003
Friday March 11, 2005 9:35 PM (NEW!)



I'd go with the well-respected dealer specializing in this type. He/she will usually have the kind of contacts who are waiting for such a coin and will also have the 25 G's necessary to purchase it.

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Interested in unused pre-1950 U.S. coin albums.