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Advice On Liquidating Modern Stuff - Proof Sets and Mint Sets

cameonut2011cameonut2011 Posts: 10,483 ✭✭✭✭✭
in U.S. Coin Forum
Where is the best place to liquidate these? I don't want the modern proof sets, prestige proof sets, or mint sets anymore and haven't looked at them in years. I also don't want to take the time to image them and put them on eBay. Are there any suggestions?

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    cladkingcladking Posts: 30,162 ✭✭✭✭✭
    A lot of the mint sets you can just cut up and spend. It'll save postage.



    For the rest I'd suggest you just sell them to a wholesaler. You should easily get 80% of bid and if you're willing to shop around a bit it's not hard to get 100% of bid. Check out Arizona Coin and Jewel and Littleton. There are other big buyers but they buy more sporatically.



    I've had little interest offering themon the BST board here but it might not hurt to try.
    tempus fugit extra philosophiam.
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    TomBTomB Posts: 23,081 ✭✭✭✭✭
    Unlike cladking, I have never found a wholesaler willing to give 80% of bid for common, modern, non-silver proof and mint sets, let alone receive 100% of bid. In general, to receive that high an offer, one has to have many hundreds of sets for delivery at one time. The local B&Ms around here likely offer 60-70% for large collections and they sell up the food chain for 80% or thereabouts.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
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    TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭
    To liquidate, probably just take one picture and sell them on eBay as a lot. Or try the BST, but people there are just as cheap as the nice people on eBay.
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    wondercoinwondercoin Posts: 17,133 ✭✭✭✭✭
    If the deal totals $500 or more bid, please send me a list of what your selling via PM. Since I am often the stronger buyer on the dealer network for these, I think I have a strong chance you will be happy with my offer. Wondercoin.
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
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    amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭
    We have a local dealer here that pays 90% of bid. I have rarely seen him not buy all but it does happen occasionally. PM me if you would like his contact info.
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    gripgrip Posts: 9,962 ✭✭✭✭✭
    Always had great transactions with Wondercoin.Give him a try.
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    DollarAfterDollarDollarAfterDollar Posts: 3,217 ✭✭✭✭✭
    I just went to a local auction where these were packaged up 5 to 10 to a bundle. The bidders went crazy. Definitely an option to explore.
    If you do what you always did, you get what you always got.
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    winkywinky Posts: 1,671 ✭
    Smart folks will sell to Wondercoin.
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    ebaytraderebaytrader Posts: 3,312 ✭✭✭
    What Tom Bush said.
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    Interesting... I have been thinking about all the modern mint sets I have accumulated

    (stopped around 2008)... might have to give this some thought since they are just

    sitting in a box. Cheers, RickO
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    cameonut2011cameonut2011 Posts: 10,483 ✭✭✭✭✭
    Thank you everyone. And thank you Wondercoin. I will take a look to see if value wise my holdings exceed your cap (I have no idea how to price these anymore).

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