Time to sell some of the collection. Wish me luck.

SanctionII

I have sold a few things over the years since I started collecting again as an adult. However the acquistions have exceeded the dispositions and the collection keeps getting bigger. Time to downsize. Lots of raw coins, including cameo proof and SMS coinage from 1950-1970.

For those of you who have "downsized" a collection of mostly raw coins, do you have any suggestions on how best to go about it (including how best to list on the BST)?

Thanks.

jessewvu

I wish you luck.

jessewvu

I sold a substantial amount of my personal collection to refinance my house a few months ago. eBay was the best place to do that because it was mostly PCGS graded coins. You have to sell for about 90%, or less, of what you could sell it for on eBay on the BST. And eBay is quick. You could be updating the BST every day for weeks trying to sell some stuff.

LotsoLuck

Posting here is a good start

ModCrewman

<< <i>eBay was the best place to do that because it was mostly PCGS graded coins. You have to sell for about 90%, or less, of what you could sell it for on eBay on the BST. And eBay is quick. You could be updating the BST every day for weeks trying to sell some stuff. >>

From my experience this has proven true, I've gotten frustrated with the effort required to sell things on the BST in the past as opposed to just putting them up on Ebay and being done with them.

I of course expect to get first dibs on all the best stuff! (a guy can hope can't he?) From my experience, anything worth over $75 or so as a cameo, is likely worth getting graded. Although you of course have to add in the cost and time required for grading. If you don't want to mess with photoing yourself, you know Todd isn't far away and I'm sure you'd get your money back on the higher value listings for sure. I'd also be glad to take the pictures for you, and I wouldn't even swap out many coins. Of course you've been around long enough to know that there are a number of great guys here through whom you could consign them all to Ebay.

Good luck parting with your babies, I'm sure you'll have a nice return.

66Tbird

Advice? Just the usual, Good pics and an accurate description. I've had little luck with small stuff on the bst. Big stuff priced right no problem. As far as the small stuff I just took my time and opened an eBay store at 20¢ per month/item and $15/mo for the store and in a year I've sold enough till next year.

fivecents

Grade your raw coins. If you have any homeruns submit to the TPGS. Nice better date superb 1950-1970 DCAM coins can bring more money if blessed by the TPGS.
Good images and accurate discriptions for the raw (and slabbed) coins will help them sell.

LanLord

Lots of good pics.
My recommendation is to list with your asking price as opposed to waiting for offers.

mirabela

Good luck. IMO it's a good thing to do from time to time. The collection that lasts through the occasional purge will be a strong, focused group of coins that truly have what it takes to stay with you over the long term.

Good advice already on the BST/ebay situation. I can only add the following couple of pointers:

1. The BST is a pretty small community. Sometimes there just isn't a buyer here, even though the coin is nice and your price is fair. I usually start here, but if there just isn't any action, then go to ebay.

2. Sometimes it can make things a lot quicker and easier to group items together and sell them at a small discount to someone who handles a lot of that sort of material. You have to leave some meat on the bone for that buyer, but depending on the situation it can be worth 10 or 15% to do one transaction (and one package) instead of fifteen or twenty. I'll sometimes PM likely people before I post to the BST at large. More than once I've had one of these correspondents refer me to someone else, who then takes the coins.

keyman64

Good Pics and Good Descriptions! Good luck!

ambro51

If you are not a member of a local coin club...JOIN.

club auctions are a main part of every meeting and there is a good chance you can find buyers for your material there. Nice thing is the buyers get to see what they are bidding on, and no ebay fees!

DCW

<< <i>Lots of good pics.
My recommendation is to list with your asking price as opposed to waiting for offers. >>



I agree with the landlord. Have some decent pics and tell potential buyers what you are looking to accept in cash/trade. I can't stand when sellers don't list an asking price.

cladking

Good luck. Be sure to let us know how you did.

At the risk of stating the obvious, high grade moderns and cameos need to have 3rd party grading to fetch the highest prices.

NewParadigm

Post baby post

Myqqy

Make sure you let me know if you are selling any really KEWL cameo franklin halves, or anything eye-popping from 1970!!!!

PerryHall

<< <i>If you are not a member of a local coin club...JOIN.

club auctions are a main part of every meeting and there is a good chance you can find buyers for your material there. Nice thing is the buyers get to see what they are bidding on, and no ebay fees! >>



I belong to two coin clubs and based on my experience coin club auctions are a poor venue to sell coins. Most coin club members are retired on a limited budget and won't buy a coin unless they can get it well below wholesale.

coolest

It is a bad time to sell.
The collectors have dried up, only dealers are left looking to the future and buying at low prices/melt.
Just my opinion