How successful are "lot" sales on venues such as ebay?

gecko109

I have a large assortment of decent type coins that I'll be selling, and rather than list each one individually, I was wondering what you guys think of selling them in groups of 3-4 instead? Would this really kill my bottom line, or do you think there would be little difference in final sale price realized? Here is a group photo so you have an idea what Im talking about.

ahooka454

Good question. I have wondered this too.

BobSav

I bid $5.00

gecko109

<< <i>I bid $5.00 >>



You dont win many auctions, do you?

BobSav

I'm just getting warmed up

Bob

thezookrew

I think they are hit or miss. If there are key dates then I would go single. If they are worn and not worth much, you may get more interest in a lot. I sold two lots of common date Morgans and barely got melt for one (the other I pulled for lack of interest). I really think it is all a crapshoot.

ahooka454

I bid $5.25

Frankcoins

Anything over $5 should be sold as a single.

Baley

depends on how much your time is worth. I'd group coins worth less than $10 into lots worth $30 or more but sell coins worth more than $10 individually, you'll get maximum value that way. Then again, maybe you'd like to sell them all in one easy swoop to a friend like me for, say, 15X face? (way over melt btw)

They'd have a nice home dumped into this bag o coins I like to keep around

Steve27

If sold in a lot, many people would assume that there is something wrong with them and bid low IMO.

P.S. How much for the 1807 half dollar?

ziggy29

I'd be inclined to sell the better stuff (over $25) individually for sure. Stuff under $10 would go into a lot. In between $10 and $25, kind of a crap shoot especially with eBay's new punitive fee structure for items under $25.

Some of these look like pretty nice coins and you may want to try BST first if they're problem-free on both sides -- especially some of the Bust and Seated stuff.

Steve27

I forgot to ask, is that a Churchill Crown on the end?

gecko109

<< <i>I forgot to ask, is that a Churchill Crown on the end? >>




Its a Canada 1958 "totem pole". Whats your best offer on the DBH?

BobSav

Seriously , if you listed that as a lot with that really good photo showing what you got, you'll probably do ok.

Most "lot" auctions don't give a very good idea of what's in them and therefore don't bring in the bids.

I'd break that stuff up if you have the time, there is some decent stuff in there that someone will want.

Bob

gecko109

<< <i>Seriously , if you listed that as a lot with that really good photo showing what you got, you'll probably do ok.

Most "lot" auctions don't give a very good idea of what's in them and therefore don't bring in the bids.

I'd break that stuff up if you have the time, there is some decent stuff in there that someone will want.

Bob >>




I am considering doing just that. Maybe into like groups of 2-4 coins each with better pictures and accurate descriptions. I just HATE spending a few hours to list each one seperately. There are more, this is just a representation of the group.

BlindedByEgo

All it takes is a couple of bidiots. I've seen otherwise pedestrian lot sales go for way more than the sum of their components - I think that there is a psycological component to it.

ziggy29

<< <i>I am considering doing just that. Maybe into like groups of 2-4 coins each with better pictures and accurate descriptions. I just HATE spending a few hours to list each one seperately. There are more, this is just a representation of the group. >>

I absolutely think that the Bust coinage and some of the nicer, problem-free Seated stuff should be listed individually. IMO, selling them as a lot would leave way too much money on the table.

gecko109

I just had a PM offer of $80. And I think he was serious.

harvey85422458

<< <i>I bid $5.25 >>


I'll give you $200

gecko109

I have had offers of $80, $125, $200, and $300 so far. Is it just human nature to look for a rip?

Steve27

"Is it just human nature to look for a rip?"

With a poor quality pic of one side of the coins, and no list of the coins, the question is, who would be ripping who?

gecko109

<< <i>"Is it just human nature to look for a rip?"

With a poor quality pic of one side of the coins, and no list of the coins, the question is, who would be ripping who? >>




Sure steve. At $300 as a "high" offer, im sure whoever spent that much on this group would be crying all the way to the bank.

Steve27

"Sure steve. At $300 as a "high" offer, im sure whoever spent that much on this group would be crying all the way to the bank. "

If there's a big "X" scratched into the back of each coin then the crying would be foul.

gecko109

<< <i>"Sure steve. At $300 as a "high" offer, im sure whoever spent that much on this group would be crying all the way to the bank. "

If there's a big "X" scratched into the back of each coin then the crying would be foul. >>




Would you like me to flip each one over for a group shot of the reverses steve?

holeinone1972

<< <i>

<< <i>"Sure steve. At $300 as a "high" offer, im sure whoever spent that much on this group would be crying all the way to the bank. "

If there's a big "X" scratched into the back of each coin then the crying would be foul. >>




Would you like me to flip each one over for a group shot of the reverses steve? >>



YES

But be careful with all of the replies you are making, typing with 1 finger, we do not want you to injure yourself and thus deprive us all of your entertaining posts.


Dude you are quite a Donkey!

Steve27

Yes, if it isn't too much trouble. I wouldn't want you to strain yourself.

gecko109

Here are a few from the group pic that I have photographed in the past. Most of these coins have not been individually imaged.

coinsarefun

I don't think it does very well. Or maybe its just the way I did my listing.

I should have listed them seperatly but thought that I would give it a try.

Check it out

Steve27

I repeat, if you sell those coins as a lot with a single pic, you'll screw yourself. In the original pic, the 1854 half looks like a dog, in the individual pic it looks like a super coin (except for a few hairlines on the obverse).

seemyauction

I would not lot them.............but I like to catalog items........its an OCD thing.

gecko109

<< <i>I would not lot them.............but I like to catalog items........its an OCD thing. >>




A recent Stacks auction catalog is what gave me the idea to sell lots rather than pieces. I see it alot in large auctions. "Grouping of 5 seated half dimes", etc.

sinin1

If the coin is worth more than $50, sell it on eBay by itself

unless you have no time/desire to do it - then try either selling to a local dealer or show

or get someone to sell on consignment -



with that group - you also may consider a local or mid-level auction company that has frequent coin auctions



When you look at Stacks or Bowers or Heritage or Goldberg


you need to consider that their overhead is substantial and their average lot value could easily be over $1K/lot

you don't see many(any?) $10 coins sell in their big auctions

gecko109

No Sinin, you dont see any $10 coins in those catalogs. Maybe i'll just bite the bullet and list them individually on ebay. Thanks for all your input guys.

Silverstate

Post the auction links here...

bigmansam88

If you sell them separate then I'm sure people would bid on multiple items if you were willing to combine shipping costs.

This is what usually happened to me when I listed random coins and it brought the price up a lot because people wanted

to win more items to "save" on shipping fees.

direwolf1972

I'm curious now that you mentioned it. Keep us informed if you sell them as a lot on eBay as to how much they went for.

p8nt

Linkification.