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04-29-2007, 02:06 AM
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#1 (permalink)
| | Junior Member
Join Date: Jan 2007 Location: Kingsland, Georgia
Posts: 13
| Selling my collection
Just wondering if anybody can give some advice....I want to sell off my collection....I have over 800 slabbed PCGS coins and around 320 slabbed NGC Coins. All my PCGS coins are in the registry 844 coins with a PCGS value of $39,000.00 which include over 80 morgan/peace mainly old green holders, over 135 ASE and a variety of others....on the NGC side over 100 ASE, state quarters, modern comms etc.... I also have every proof set clad and silver from 1957 to the present...and many doubles....tons of IKE brown boxes various mint products. I dont have the time to sell it on e bay too much stuff, does anybody have any info on some of the dealers that have ads in coin world etc....where they say they will buy your whole collection....etc Thanks
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04-29-2007, 02:08 AM
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#2 (permalink)
| | You get what you pay for.
Join Date: Feb 2006 Location: Nebraska/Iowa
Posts: 5,244
My Mood: |
you might try consigning it to someone who has time to ebay it, those magazine ad guys will low ball you
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04-29-2007, 06:04 AM
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#3 (permalink)
| | Senior Member
Join Date: Dec 2006
Posts: 232
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If it was me I would consign my PCGS and NGC coins to Teletrade or Heritage with a leaning toward Teletrade because they have sent me free passes (for resale) on some of the coins I have won at auction from them. You have a large collection, did you build it? The ones that are not slabbed I might take to a coin dealer. Any time you need a fast sale you must expect to receive less than market.
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04-29-2007, 09:14 AM
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#4 (permalink)
| | Supporter**
Join Date: Sep 2005 Location: Michigan
Posts: 8,049
My Mood: |
i would try a auction house for a lot that large ... if you want to have fun selling, sign up for Ebay..
more importantly, before you sell to anyone outright, get more then 1 quote |
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04-29-2007, 11:05 AM
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#5 (permalink)
| | Coin Collector
Join Date: May 2005 Location: in a house
Posts: 1,124
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You could always offer some of the coins you want to sell, right here in the forum. Just a suggestion.
I wouldn't expect that you would achieve a final value anywhere near the PCGS price listed, but you never know. PCGS seems to over-value thier coins, especially the modern (not super high grade) coins.
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Collecting the first fifty years of U.S. coins 1793-1843. All denominations and all grades.
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04-29-2007, 11:05 AM
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#6 (permalink)
| | Retired
Join Date: Mar 2004
Posts: 5,822
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Originally Posted by alwayslost If it was me I would consign my PCGS and NGC coins to Teletrade or Heritage | You might also want to consider David Lawrence,Superior Galleries, or Bowers & Merena. They all have websites.
If I were you I would probably send my inventory to at least 3 of them and see what they have to say. Good luck!  Quote: |
Originally Posted by YNcoinpro_U.S. You could always offer some of the coins you want to sell, right here in the forum. Just a suggestion | If you go that route, just remember to do it in the Open forum, and follow it's special rules.
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Roy
Last edited by satootoko; 04-29-2007 at 11:09 AM.
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04-29-2007, 11:09 AM
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#7 (permalink)
| | Coin Collector
Join Date: May 2005 Location: in a house
Posts: 1,124
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What are your registry set names?
__________________
Collecting the first fifty years of U.S. coins 1793-1843. All denominations and all grades.
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04-29-2007, 11:12 AM
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#8 (permalink)
| | Supporter**
Join Date: Jul 2004 Location: Jefferson City, Tennessee
Posts: 3,008
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Selling the coins on eBay will give you a very large Collector/Buyer base. However, you will need the time to organize what items and how many you will sell with each Auction, build the Auctions (compose them using Turbo Lister II), babysit the Auctions including answering numerous emails about the coins or sets and then take care of all of the emails, insuring payments are received, shipping, Feedback, etc. once the auctions close.
With such a large lot of coins, I agree with "alwayslost" and advise that you should consign the coins to Heritage. You can call up a Consignment Representative with Heritage, make arrangements to consign and ship the coins to them and with such a large amount of coins, you should be able to negotiate a lower Sellers fee. My friend has consigned coins to Heritage in the past and he advised that their' fees are higher for one time or small (amount) consignments but they are negotiable and will charge less to the Seller for repeat and large (amount) consignments (I was told that they only charge 5% on repeat or large (amount) consignments). With Heritage, you not only get a company known for high volume/high value sale, you also get the visibility of eBay as well as thousands and thousands of Coin Dealers, Coin Collectors and Coin Investors all at the same time (since Heritage usually offers these items at auction on eBay, via their' Website and call in all at the same time).
Considering the cost of the fees that eBay will charge you for each Auction (up front and at the end of the Auction), the hassle and time that it takes to organize, compose and load the Auctions on to eBay and then the hassle of dealing with all of the emails, insuring that all payments are received, the shipping and the Feedback, you will proabably fair much better with consigning the coins to Heritage.
Good luck...Frank
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04-29-2007, 12:28 PM
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#9 (permalink)
| | Coin Fanatic
Join Date: Feb 2007 Location: Portsmouth GB......
Posts: 1,342
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Sell them to a coin dealer or have them auctioned. Ebay is just too unpredicatable.
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04-29-2007, 12:33 PM
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#10 (permalink)
| | Coin Collector
Join Date: Feb 2007 Location: FL
Posts: 1,679
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Give them all to me. |
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04-29-2007, 02:04 PM
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#11 (permalink)
| | Numismatist
Join Date: Nov 2002 Location: PA
Posts: 24,638
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Consigning the slabbed coins to Heritage or another auction house is probably the best way to go. Don't expect to get much for the modern stuff though.
But with all of the raw stuff & mint products - it would be a waste of time to try and sell them to an auction house. Your best bet with these will be to just sell them to a dealer.
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knowledge ..... share it
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04-29-2007, 02:31 PM
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#12 (permalink)
| | Junior Member
Join Date: Jan 2007 Location: Kingsland, Georgia
Posts: 13
| selling my collection
To all, thanks for your input.....I have attached 2 files one of my PCGS coins and the other of my NGC coins...My registry name on PCGS is tjace34.
Thanks
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04-29-2007, 02:33 PM
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#13 (permalink)
| | Junior Member
Join Date: Jan 2007 Location: Kingsland, Georgia
Posts: 13
| selling my collecton
Here is my PCGS list...attached.
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04-29-2007, 02:34 PM
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#14 (permalink)
| | The Other Frank
Join Date: Oct 2006 Location: New York
Posts: 17,753
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Originally Posted by tjace34 Here is my PCGS list...attached. | attached to what?
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04-29-2007, 02:37 PM
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#15 (permalink)
| | The Other Frank
Join Date: Oct 2006 Location: New York
Posts: 17,753
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Originally Posted by tjace34 To all, thanks for your input.....I have attached 2 files one of my PCGS coins and the other of my NGC coins...My registry name on PCGS is tjace34.
Thanks |
Think about it:
$2750 for a WV Satin Finish ?
even if it is an MS-69.
With that money you could buy some really nice and scarce coins.
Last edited by Treashunt; 04-29-2007 at 02:39 PM.
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