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Why eBay is important.
291fifth
Posts: 23,985 ✭✭✭✭✭
This morning I went over to my local dealer to sell some very minor coins that I had accumulated over the past few years. This stuff was low end and cheap, but saleable. The dealer's offer was so low I rejected it and promptly came home and put it up on eBay. It sure is nice not having to be at the mercy of the dealers anymore!
All glory is fleeting.
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Many brick-and-mortar shops/dealers will stiff you on buying your coins.
They gotta do it though just to keep the lights on in the place.
Common coins will always be common which is probably why the dealer gave you the offer that he did.
Now YOU have to do all the work and are at the mercy of the public. Only now you are additionally faced with non paying bidders, negative feed back and other eBay quirks.
Have fun.
Got quoins?
Always remember and never forget, Packaged Bullion, is just Bullion in a package.... get it ?......
LM-ANA3242-CSNS308-MSNS226-ICTA
<< <i>Low end and cheap = common. Common coins will always be common which is probably why the dealer gave you the offer that he did. Now YOU have to do all the work and are at the mercy of the public. Only now you are additionally faced with non paying bidders, negative feed back and other eBay quirks. Have fun. >>
Common coins do not mean that they are worthless, nor do they mean that they are not desirable, just means that they are not rare.
Non paying bidders just means you have to relist. EBay really does give the common collector often a better way to sell and a higher price than dealers. Basically you become your own dealer and get to keep a much higher percentage than could be realized from a dealer.
Dealers still have their place, but collectors now have an alternative.
Long live eBay.!
Tom
The dealer I mentioned earlier is OK when bullion related material is involved. His offers on numismatic coins have always tended to be low.