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Sell on ebay or Auction house?

tizofthetizofthe Posts: 1,365 ✭✭✭
I am thinking about selling off several of my coins to pay for my sons college. I dont have coins that are in the HUGH amount $$$ but some are not bad. Example. I have the Modern Comm Siler at PR69 PCGS and about 1/2 of the gold. I have a few Binion and Battle Creek coins and a few rolls of CH BU Morgans and peace common dates. I also have some nice pedigree coins that came from a huston bank back in the 1920's with the morgan dollar still in the little plastic case that says what the coin is and what bank gave them away. They toned nicly and are about a MS63/64 MS. These are jsut some examples but I want to know if I would get more auctioning them off to an auction house or selling them on ebay? What are my pro's and con's on both.. Thanks again and I am looking for infomation from the Pros out there that have done both>
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Comments

  • SmittysSmittys Posts: 9,877 ✭✭✭✭✭
    Personally I think auction house are good for scarce and rare items (bigger exposer).
    But for lower priced item and common items you'll do just as well if not better on ebay.
    JMHO
  • RussRuss Posts: 48,514 ✭✭✭
    Sounds like eBay type material.

    Russ, NCNE
  • krankykranky Posts: 8,709 ✭✭✭
    Ebay pros: quicker sale, probably less fees than an auction, better idea of what you might get for your coins
    Ebay cons: much more work (listing auctions/packing/shipping to individual buyers), risk of scammers

    Auction pros: can't think of any
    Auction cons: probably higher fees than ebay, wait longer for your money



    The Buy/Sell/Trade board here vs. ebay pros: less work than ebay, less risk of scammers, no fees to pay
    The Buy/Sell/Trade board here vs. ebay cons: you have to name your asking price, it's not an auction.

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • RussRuss Posts: 48,514 ✭✭✭


    << <i>The Buy/Sell/Trade board here vs. ebay cons: you have to name your asking price, it's not an auction. >>



    And, you have to deal with a lot of cheapasses.

    Russ, NCNE
  • relayerrelayer Posts: 10,570

    This usually the worst time of the year to sell coins on eBay. With the sun and summer, people are outdoors more and on vacations.

    That leaves the only the cheapest of the nice people on eBay left to rip your coins, since they are even too cheap to go on a vacation.

    Unfortunately pre-1995 modern gold PCGS proofs go for a little more than melt value nowadays.

    If you go to the Advanced Search on eBay and check the []Completed Listings Only box you can see what the coins you have have sold for.

    As Kranky said, you can try the BST Forum.

    If they don't sell there, then list them on eBay
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  • flaminioflaminio Posts: 5,664 ✭✭✭


    << <i>I dont have coins that are in the HUGH amount $$$ but some are not bad. >>

    Who is this "Hugh" person, and how much money does he actually have?
  • He is know as Huge Hugh ! eBay for quick sales of moderately priced coins if that is of primary concern.
  • "And, you have to deal with a lot of cheapasses"

    image !
  • tizofthetizofthe Posts: 1,365 ✭✭✭
    Thanks for your help. Looks like ebay and it will have to wait until winter if I am going to get the most out of them?
    Transactions..
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  • BoomBoom Posts: 10,165


    << <i>And, you have to deal with a lot of cheapasses >>



    AMEN TO THAT ! image

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