I need suggestions on selling to forum members

NoGvmnt · June 21, 2004 3:07AM

Here is my conundrum, in a Recent post I asked whether or not some prices offered by a local dealer for my recently graded coins was fair.

I received quite a few PM responses from forum members who were very interested in purchasing individual pieces.

The two coins that received the most interest were:

1902 Barber Quarter (white-light cameo) PCGS Proof 64, and

1827 (Square Base 2) Capped Bust Half (light russet around the obverse periphery) PCGS Au 58.

With the 1844 Seated Liberty Quarter (white) PCGS AU 50, and

1941 Walking Liberty Half (white) PCGS Proof 64, also receiving strong interest.

I did not want to discuss a sellling price on any of the coins as I had not yet received them back from PCGS. Well, they arrived today and I don't know how to determine who to sell them to. Unfortunately, I currently have no way of posting pics of the coins. I need insite from the forum members for one of the following suggestions:

1.) Hold an Auction on the BST board and limit the bidding to 1 bid per person and sell to the highest bidder after 24 hours, or

2.) Take them to the Mid-America show this weekend and sell them to forum members that will be attending, or

3.) Just sell them at the Mid-America show, or

4.) Please make a suggestion......................

I really would rather sell these coins to forum members because I know that they are of high enough quality that they will remain in a true collectors collection for a long time to come (I would not be selling these if it were not absolutely necessary, and I will miss them).

I want to add that I am willling to send these coins out on an approval basis and/or with a 7-day (from receipt) "no questions asked" return policy.

In conclusion (sorry for the length of this thread), Please post or PM your suggestions on how I can be fair to determining who should be the next protector of these coins.

Thanks, Jim

PS, If there is anyone residing in the Chicago (SW Suburban) metropolitan that would agree to look at these coins and then post an impartial opinion of the quality in this forum, pleas PM me.

mercurynut · June 21, 2004 3:12AM

I would sell them to forum members I know first and help them build their sets. Based on your options I would do #2 first and then with whats left over if any then #1.

JadeRareCoin · June 21, 2004 3:13AM

To make it fair to everyone, simply sell all of the coins to jaderarecoin. It's only logical.

BigE · June 21, 2004 3:13AM

I would just put the price that you want for them and sell them to the first member who pays it-------------------BigE

JrGMan2004 · June 21, 2004 3:14AM

Sell to the highest offer

NoGvmnt · June 21, 2004 3:15AM

"To make it fair to everyone, simply sell all of the coins to jaderarecoin. It's only logical. "

So, exactly how many of those 100 oz Silver ingots (at $5.90/oz are you offering?).

Jim

Louis · June 21, 2004 3:16AM

#1

SarasotaFrank · June 21, 2004 3:42AM

why limit an auction to one bid?

Set an end time and sell to the highest bidder.

Or just set a price and sell at that price. Selling to and buying from board members is always the best solution.

goose3 · June 21, 2004 3:55AM

set prices on each and post them on the b/s/t board. Pm the members that PM'd you and tell them that they are for sale on that board.

UncleJoe · June 21, 2004 4:04AM

4. eBay

Fair to everyone.

Joe.

razorface1027 · June 21, 2004 4:15AM

I'm with Joe...Use the Ebay simple lister. You don't need pics. However, good feedback with zero negatives helps when auctioning with no pics.

If you're "Dead set" on selling to strictly forum members, do the 24 hour thing.

BigD5 · June 21, 2004 4:22AM

I'm with goose and bigE. List them on the BS&T with some prices, and move 'em out.

If the show isn't too far away, you may want to try there first, and then put the leftovers up on the BS&T. That's a larger show, and if it's this weekend, you could probably sell the whole group at that show.

You should get some pricing ideas in mind, whether you list them on the boards for sale, or sell them at the show. Find out Greysheet numbers, and then do a bit of poking in Heritage's/Ebay's archives to see what similar items may be selling for.

At least that will give you a ballpark to start, and you'll be better served having that information.

Good luck!

IvanOnly · June 21, 2004 4:24AM

<< <i>4. eBay

Fair to everyone.

Joe. >>

I agree

nOoBiEeE · June 21, 2004 5:01AM

#4 - Ebay all the way.

Neptune · June 21, 2004 5:44AM

you could always have a private eBay auction for the forum members who contacted you.

jeffnpcb · June 21, 2004 5:46AM

Respond to who asked first about the coin and run down the list! Don't waffle on price and see if you can make one of them happy!

pontiacinf · June 21, 2004 7:04AM

tell me what you want for the cap bust half, Ill give it to you, end of the story

or Ill not be able to afford then you keep, end of story

pm me a pice

Bochiman · June 21, 2004 7:20AM

Screw ebay...put them in the BST forum as mentioned.....inform those who have asked you about them. Make it open to offers (ask for them in private PMs) but post the most recent high price in the thread there. Tell everyone you will do this upfront. Do it hourly.

Why pay ebay fees if you don't have to? Even if you got $10 or a "bid increase" over what a forum member was willing to pay by putting it on ebay, it is likely all the fees will knock that down again.

MICHAELDIXON · June 21, 2004 7:27AM

To make it fair to everyone, simply sell all of the coins to jaderarecoin. It's only logical.
.
What the heck! I agree!! Just this once!

I need suggestions on selling to forum members

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