Common coins and their disposal

laurentyvan

As a former One From Every Country Collector, I have numerous common coins from any number of countries, dozens and dozens into the hundreds really...

I've tried in the past to buy them from VF and up. I have had great success in selling the better items with good images (at a level when most sellers won't pay for gallery images) but now I come to the majority of them: a lot of $2, $4, $6 and up items from what I would term ABC countries. Should I keep spending the money for gallery images and individual auctions or should I sell them in some kind of bulk arrangement?

One discovery I made was that a lot of common (but rarely shown) coins in XF and up fetch pretty decent dollars. Should I continue with this method? I'm ready to go country by country with gallery images and shipping at .35 per coin if they will buy multiple items. Is this a wise strategy?

I've had numerous $1 coins I sold at $3, $4, and up using the gallery image and dirt cheap (but accurate) shipping costs. It's just that there are so many left to sell with profit margins of just a few dollars and it's daunting.

Is bulk the answer?

koincollect

I would go bulk if I were you. Imaging and listing each would take lots of time and unless you had the time or enjoying this activity as a hobby, not worth it IMO. Ask yourself whether sweating over a dollar for 10 mins is worth it and you would get your answer!

ajaan

If you are selling them by bulk, expect to get about 25-50c/coin if you are lucky.

dcamp78

You could list them in the BST forum...

lordmarcovan

If the coins are in neatly-labeled 2x2 holders, why not put together some binder lots, with 20-pocket pages? Assembled into several small collections, well-organized in binders, you might do okay, and you could start your bid a little higher, perhaps?

I would buy some, or swap you one or two quality pieces for your quantity of items, if I could have them at a big enough discount to turn 'em over myself. I would prefer not to have any post-WW2 era material, though, unless it's bullion.

I think BST is your answer, and eBay what's left, either in binder lots or 20 at a time in pocket pages.