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newbie needs major advice

bronc88bronc88 Posts: 39
in Buy, Sell, & Trade - U.S. Coins
hi, I am trying to sell some coins my brother had for years . my question is this: what is the best method for me to sell . to reach collectors and not dealers. one local guy bought some coins from me using a dealers blue book offering bottom line. I grant u this , these coins are not graded but some are without a doubt uncirculated or vf. I'm not out to make a killing here,, just like to get fair price. am i dreaming or should i just put them on the lousy ebay auction and let em go . appreciate any feedback
bronc88 on yahoo messenger and kicknit58 on EBAY

Comments

  • kryptonitecomicskryptonitecomics Posts: 9,185 ✭
    If you don't know how to grade your coins and assess value then starting them out on Ebay might not be a bad idea. Problem is that you might have a rarer variety etc and if you don't list it as such then someone might come along and win an auction for much less than it's worth. I would suggest getting a copy of the Red Book for United States coins and gettting a better idea of what you have as far as key dates etc. Then you can either list the coins here in the Buy Sell Trade section or go the Ebay route....just make sure you include descent photos so folks can make their own grade assessments and bid accordingly.


    Good Luck!
    Kryptonitecomics Ebay Auctions
  • mr3holesinonemr3holesinone Posts: 444
    Post some pictures of them here. Set your own prices to start and then take offers after a few days for the ones that haven't sold yet. I'd take my chances here with strangers before I'd do it on EBay.
    Holes-in-One
    1. 7-17-81 Warrenton GC Driver 310 yards 7th Hole (Par 4)
    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
    4. 9-19-99 Country Lake GC 6 iron 164 yards 15th Hole
    5. 8-30-09 Country Lake GC Driver 258 yards 17th Hole (Par 4)

    Collector of Barber Halves, Commems, MS64FBL Frankies, Full Step Jeffersons & Mint state Washington Quarters
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    DON"T TRY CLEANING THEM.
    The first mistake many new people to coin collecting do is try to make them nice and shiey. That ruins there value.
    Then learn what you have the Red Book is a great Start.
    Then if you still want to sell them learn to take detailed pictures, and it is free to link pictures into the BST board.
    If they don't go there then maybe you will be ready and able to make a good listing on eBay that might get you what they are worth.
    And BTW image
    My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794
  • NorthCreekTradingNorthCreekTrading Posts: 88
    Hello there,

    Just a few remarks speaking from past experiences. I agree whole hardly with the last post. First and foremost do not clean the coins. Leave them as they are.

    1) Next would understand what you have BEFORE considering to sell. Make a list, research the coins a few at a time, determine grades, get opinions from this board or others, then you can establish a value. There are many resources including PCGS website, greysheets, coin world values to target rough value. Search Heritage past auctions to understand market value. Look at ecoinage.com for several auction results.. The time spent researching could be worth thousands maybe more.

    2) Selling, hopefully I won't offend anyone, rightfully so dealers need to make money to stay in business so selling them to a dealer unless you want to move them quickly is probably not your best approach. Selling them on this board or through a reputable auction house (Stack's for raw coins if you plan to keep them raw) seems to be the best approach. EBAY, The thing I have learned about ebay is unless you are a regular seller with a reputation of selling coins, the bids can be very low. I know I learned the hard way from actual ebay experience... If selling on the boards is too much hassle for you, then another approach to consider is consigning them to a dealer... Most will do it for 5-7%...

    Once again, understand what you have before selling. You might be sitting on a real rarity... Get mulitple opinions... Opinions are free on this board and there are numerious experts willing to offer an opinion...

    Good luck

    NCT

    First,
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