Help please with terminology for ebay listings ..
mart
Posts: 108
I have been asked by a neighbor to list & sell paper currency & coins on ebay !! Is there a publication that will tell me all the terminology? I will be listing coins & paper currency as well as silver bar sets and other collectables !! His father was a collector & he heired some of the coins and doesn`t have room for it all !!
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Read enough around here and you will meet people who devote and have devoted their lives to learning "the terminology" of this hobby/ business. If you are adamant about going down this road, versus very wisely suggesting to your neighbor that he donate all of his coins and currency to me
1. Spend a lot of time here, reading threads.
2. The same at the pcgs.com website.
3. Look at a lot of Ebay auctions for coins, pay special attention to sellers with few or no negative feedback
4. Enlist the (paid) assistance in grading of a local coin dealer
5. Ask here for references to a good local dealer in your area
6. Use the Redbook to find or, with the assistance of a local dealer, locate and submit any rarities or super high grade examples to a reputable TPG such as PCGS or NGC.
7. Get out of your committment as quickly as possible before you get hooked
Donating all of the coins to me I still believe to be your best option.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
For example, say you have a coin that has some doubling on some of the features or lettering. It could be hub doubling (of which there are at least 8 different types), machine doubling, die erosion doubling, Longacre doubling, repunching, re-cutting, or double striking. Each of these are caused by a different thing and each has various features that identify which one it is. But if you don't know how to recognize those features you don't know which term to use to describe it.
This is why there are a tremendous number of coins on eBay being called doubled dies (another term for hub doubling) which are actually one of the other forms of doubling, usually machine doubling.
<< <i>Mart-
Read enough around here and you will meet people who devote and have devoted their lives to learning "the terminology" of this hobby/ business. If you are adamant about going down this road, versus very wisely suggesting to your neighbor that he donate all of his coins and currency to me
1. Spend a lot of time here, reading threads.
2. The same at the pcgs.com website.
3. Look at a lot of Ebay auctions for coins, pay special attention to sellers with few or no negative feedback
4. Enlist the (paid) assistance in grading of a local coin dealer
5. Ask here for references to a good local dealer in your area
6. Use the Redbook to find or, with the assistance of a local dealer, locate and submit any rarities or super high grade examples to a reputable TPG such as PCGS or NGC.
7. Get out of your committment as quickly as possible before you get hooked
Donating all of the coins to me I still believe to be your best option. >>
<< <i>Knowing the terms doesn't help unless you have the knowledge to recognize the different things that the terms represent so you will know which term to use.
For example, say you have a coin that has some doubling on some of the features or lettering. It could be hub doubling (of which there are at least 8 different types), machine doubling, die erosion doubling, Longacre doubling, repunching, re-cutting, or double striking. Each of these are caused by a different thing and each has various features that identify which one it is. But if you don't know how to recognize those features you don't know which term to use to describe it.
This is why there are a tremendous number of coins on eBay being called doubled dies (another term for hub doubling) which are actually one of the other forms of doubling, usually machine doubling. >>
Well maybe the people here will be so kind as to assist a rank beginner !!!
You are geographically challenged - you don't have a local resource. In this case, you may best be served by identifying a larger city within a reasonable drive, let us know here, and take the coins in for an appraisal at a legitimate dealer.
The alternative is to take large scans of each item, post them on Ebay with minimal information, and let the market decide. You may get cherrypicked, but you will sell the stuff, no doubt.
IMO there is no possible way that in a short time you can learn any depth of knowledge sufficient to address issues such as posed by Conder. If you are alright with that, carry on. Ebay's a great place to dump unwanted items, sometimes for very good profit. Whatever you decide to do, don't make representations regarding the items which cannot be supported in fact. That's just my opinion, but if you do make unsupportable claims, it'll just be an all-around bad experience.
Good luck!
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
As for the Redbook, the proper title is A Guidebook of United States Coins by R S Yeoman. If you have a public library close by I'd check there first. In fact if you have a local library check out the 737 section in non-fiction to see what other coin books they have. If you don't have a library you can easily buy a copy online. It doesn't have to be the latest edition (try for a 2003 or later one) and in the Used & New section on Amazon you can get them for for less than what the postage to send them to you will be. Once you find the Redbook READ it, don't just jump into the price listings. The first section of this book (About 60 to 80 pages. Hmmm just looked at the 2006 edition they've shortened down the really important part to 26 pages.) is the best condensed history of US coins and coin collecting than you will find anywhere else. It discusses grading, has a glossary, has pictures, mintages, A couple introductory paragraphs about each coin type and grading tips on it at the beginning of each type, and of course prices. But take the prices with a grain of salt because in general even for the latest edition they are out of date because of the lead time need to create the book. But the Redbook is the best one volume library for a beginner on US coins.
For foreign or Paper currency there are other books. For the foreign coins you want the Standard Catalog of World Coins. Just hope your library has that one or that you can get it through interlibrary loan because it is actually four volumes 17th, 18th, 19th, and 20th century to date and they are each the size of a big city telephone book and cost about $50 each. If you can borrow them you will be WAY ahead. For the most part you will probably only need the 19th and 20th century books.
For Paper money I can't help you much. I don't know what the best book on US paper would be, and on World paper once again it is three "phone book" sized volumes. Standard Catalog of World Paper Money general issues, specialized issues, and modern issues. Once again interlibrary loan is your best bet here.
Worse comes to worse some of us here will help answer questions, make indetifications etc. Just don't depend on us to do your work for you.
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2. 5-22-99 Warrenton GC 6 iron 189 yards 10th Hole
3. 7-23-99 Oak Meadow CC 5 iron 180 yards 17th Hole
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Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
<< <i>What is your ebay ID????? Thanks!!!!! >>
My ebay Id is... texartt1 . Yes, I can post scans here if thats allowed !! But again, I am not well versed at the language needed to describe the coins so I would have to depend on the scans and your integrity as buyers and collectors as to their receiving a fair price !! Since the items are not mine, as long as the owner is ok with a price, I sure do not have a problem !!