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Another Doug Winter thread-- this guy can sell a coin with the best of them (Five Oaks Collection)

LongacreLongacre Posts: 16,717 ✭✭✭
I was taking a look at Winter’s website because the Five Oaks Collection went on sale yesterday. The collection consisted of 28 coins. As of my last look at the website, 20 of the 28 coins have sold already. That’s a sell rate of 71.4% in a single day.

I remember when Winter sold the Pinnacle Collection, and I put up a thread about its sell rate. If I remember correctly, an almost complete run of New Orleans gold, in very high grades and some finest-knowns, sold out within a day or two.

Is there something special about Winter’s selling techniques, or do the coins sell themselves? If the latter, maybe I should bag reading the Internal Revenue Code all day long, and put up a website with some coins, and start raking in the dough. What do you think?
Always took candy from strangers
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)

Comments

  • FatManFatMan Posts: 8,977
    You should definitely stop reading the Internal Revenue Code all day long. That is not much of a life.

    As for the selling of those coins, it seemed to me that DW put fair prices on those nice coins and the combination makes them sell themselves. Of course having an email list containing such high rollers as you and RYK doesn't hurt either.image
  • Longacre, give yourself some credit too. I actually noticed your previous thread, got curious, checked the collection out, and called DW about a coin totally outside my normal area of pursuit. Now it's going to be on it's way to me.

    Shame on you !! I should be spending my money on really nice 1798 large Cents !!! image

    Does you Avatar spin in a hypnotic fashion when people read your threads image
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    Doug has a website that is a destination, not just for coin shopping, but for reading and learning. He updates articles and blogs regularly, so the front page never seems stale. I think that encourages a lot of people to sign up for the infrequent emails. He generally keeps a small inventory and does a good marketing these small collections when he buys them.

  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    The right high-quality coins, marketed to the right audience, in a market environment where almost all we see is the same old recycled nothing-special schlock, are pretty much a guaranteed quick-sell if the pricing isn't to the moon.

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