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Teletrade vs. Ebay

skier07skier07 Posts: 4,275 ✭✭✭✭✭
I'm upgrading my Morgan/Peace collection. I have around 50 Morgans and a dozen Peace dollars that I would like to sell. Most of them are
slabbed by PCGS. I'm in a quandry about how to sell them. A little bit about my background might be useful. I have never sold anything on
ebay. I don't even know how to image a coin. I have a digital camera, but not a scanner, and I'm not real good with it. This is not meant to suggest
I can't learn how to image coins. I believe Teletrade charges 5% for sellers and I live 5 miles from them so I can drop everything off to them and they would list and image everything for me. All things considered what does everyone think would be the best way for me to sell my excess coins?

One other question. Do prices go up or down around Christmas for coins? I would think volume and prices go down because the people buying
presents don't know the first thing about coins, unless they're willing to allow their significant other to select a coin as a gift. If I had a coin shop I would
probably expect volume to go up.

Thanks for your advice.

Bruce

Comments

  • CladiatorCladiator Posts: 18,191 ✭✭✭✭✭
    You could try the Buy/Sell/Trade forum here and pay zero fees to anyone.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>You could try the Buy/Sell/Trade forum here and pay zero fees to anyone. >>



    Good place to start. Make sure to establish prices for each coin. There's nothing more annoying than quasi-auction listings on the BST. Also, if you can, images are helpful.

    Russ, NCNE
  • CoxeCoxe Posts: 11,139
    BST forum for starters and teletrade sounds convenient. I drive coins up to them and am not 5 minutes away like you. I'd wait for a good sellers promotion and make sure you understand how buybacks there work. I thought I did before I got hit good by them. They are a good place to sell some stuff, especially if you don't want to deal with the craziness of running your own eBay lots.
    Select Rarities -- DMPLs and VAMs
    NSDR - Life Member
    SSDC - Life Member
    ANA - Pay As I Go Member
  • 123cents123cents Posts: 7,178 ✭✭✭
    I would try the BST forum first as previously suggested and then Teletrade if you are not satisfied with the results.
    image

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