Best Way to Sell Eisenhower Dollars

I've got 220 mixed Eisenhower dollars. I know that people sell them on eBay, but I'm not sure how good of a response I'll get. Would I be best off going to a coin show and trying to get rid of them, or should I stick with eBay?

 

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Condition? Uncirculated? Blue Ikes? Brown Ikes? Or circulated?

 

I got $225 for 150 of 'em on ebay.

 

Merc, did you do an auction (what was your starting price), or a BIN? I sold 100 of them on ebay on an auction and only got $122.50. Though it was a profit, I was a little disappointed.

 

Auction, 5 days, started at 225.

One bid won it.

 

I have started 100 coin mixed lots at $125 and have sold from $125 up to $147 plus shipping. Not to bad.

 

Are they all clads? I didn't know they were that valuable. I get them from banks from time to time and unless they are in good shape I just respend them.

 

It may be that buyers are searching for certain varieties.

Chris

 

I sold 103 very circulated Eisenhower dollars for $117 (plus $12 for shipping) in 2004.

I believe that the buyer owned a dollar slot machine from one of his remarks to me.

 

Selling these at a coin show would probably be fruitless as MOST coin dealers along with hobbyist/dealers won't have anything to do with them other than "face value". Sure, they'll sell em to ya for $1.50 each but their buy price is usually $1.00. Nice uncirculated coins would fare a little bit better but not by much.

When I go to coin shows, Eisenhowers are always very hard to find simply because the buying audience is limited and 9 out of 10 times, what they haul to the shows just doesn't sell.

For eBay, calculate your break even point by adding the listing fee's, the final value fee's (12% of the first $50 and then 6% of the balance from $50.01 to $1,000) and then the paypal fee's (2.9% + .30).

Start your listing well above that amount and see if you get any buyers.

Remember, its a hassle packaging these up and mailing them and you must weight the difference between selling them for a small profit vs taking them directly to the bank in which case your only out your gasoline.

Unless I have very nice looking, uncirculkated coins, I usually avoid eBay for Eisenhower Dollars since each coin needs to sell for at least $1.25 apiece to realize any profit. I hate selling $100 worth of face value coins, going through the packaging and mailing, only to realize a buck or two in my favor.

It's a choice you have to make.

 

coin shop around here pays $1.10 each. So you make $10 off 100 coins w/a minimal effort.

 

why would anyone sell an ike for a dollar. why not just spend it?

 

I have a hard time finding them at shops or any place that sells coins. There's little money to make off them, so the dealers usually don't sell them. It's irritating as I collect them and I never find any at banks. Whenever I see them for sale, I buy them (granted it's a decent price). Still missing some dates/mint marks though...

 

Locally, these are sold in $100 increments, in ziplocks, for $35 - $42.50 over face.

 

wgpjr; Have you ever purchased Eisenhowers from Coinshop.com? I have bought several Ikes from them in proof and uncirculated format and have been very pleased with the quality of each and every coin I have received from them. The prices are very reasonable also. You might be able to fill some of those holes with Coinshop.com.

 

I'm accumulating even more. I don't know why, but I can't resist. I swear, I'm finding more banks with Ikes than I am halves...

"No, we don't usually carry those. But we do have these big silver dollars!"

I always have to give in and buy them, no matter what. I'm just banking that some day, when the planets align, some fool will take all of their Morgans and Peace Dollars to the bank, and the tellers will all be fools, and I will celebrate.

 

me too. I get butterflies every time they say "we have some big dollar coins".

 

Thanks for the link! I'll be sure to check them out.

 

I have 108 Eisenhower dollars that I inherited and they're in amazing shape. I'd like to sell them but not for $1.25 each so I just hold on to them. I would be happy with $150. for them all. I wish I could post photo.

 

First, welcome to the neighborhood, Debbie!

Although it doesn't really matter but this thread is almost 9 years old.

I assume that these (inherited) Ikes are your first foray into the hobby. It's not easy trying to assess the value of any coin without photos, and your assertion that they are in "amazing condition" doesn't mean a whole lot to most collectors. (No offense intended!) Their condition could be Extra Fine (EF), Almost Uncirculated (AU) or even Mint State (MS), and the differences in value can vary widely. ~ Chris