Out with the old ?

Hey everyone
I'm needing some advise.
When I first started collecting coins about 3 years ago I wasn't that picky . I purchased lower grade good - very good as i didn't realize being a new collector that one nice coin that I really liked would mean more to me than 100 lower grade coins. So since I mainly collected barber dimes And by Me upgrading several times over the last few years has left me with an extra album with around 60 of the 74 barbers and several more of the same date/mm all lower grade . So what I've been thinking is maybe I should put these up on eBay . Take what money they bring and buy me a coin or couple coins that I really like . Even though these are low grade some of these dates like 1913s,1893o and other better dates still bring a decent amount .I don't know if I should just list everything as one lot or sell it in several lots. I don't really expect to make any more than I paid or even that. I'm just worried if I just put it all up for auction I will lose my a$$ .
Would you guys sell and buy that one MS barber you want ? If so how would you go about doing it ?I buy often from eBay but really haven't sold anything.

 

Log in or Sign up to hide this ad.

I would sell a partial set minus more expensive dates, then the key dates individually and then whatever duplicates are left as a group.

 

What I would do is.. Take the better date coins and list them separately as "Buy it Now" auctions and then take the more common dates and sell them as a bullion lot with a "Barber" premium. If your not in a hurry to sell them, then list them all as "Buy it Now" for a little over what you would like to realize and add the "Best Offer" feature and list them on the 30 day listing option.

I recently flipped a bunch of Washington Quarters that I bought at essentially bullion value and listed them individually on eBay. My initial investment of $50.00 turned into just over $500.00. So taking your time and doing your homework will pay off in the end.

 

I'm really not in a big rush to sell them but didn't know if it would be a big headach trying to do several lots rather than list it as an almost complete set. I probably would come out better the way you mentioned. So say like semi key 1899s dime in good condition it might bring 5 bucks list it seperate? Free shipping ? The common dates that are from AG to Vg what do you suggest with them ? I thought maybe like 1906p,d,o,s for a lot. Sell the more common lots with the m/m for that year. So you think BIN would be better?

 

I think a BIN option is always the way to go, just include the OBO option, that's what I do.

 

@Barber dime 94s Anything that is over $5.00 and under $25.00 I would charge shipping on. Anything over $25.00 do free shipping on. Also offer combined shipping. Remember that eBay will take 10% plus $0.30 listing fee, Pay Pal another 3% and shipping will run around a $1.00 - $2.00 depending on how you ship it. Make sure your not losing money. I'd take the rest and sell either as $1.00 fv lot's or do a full roll of Barber dimes. Take the melt and add 20% or 25% or so. I think you'd have a decent chance at recouping some money out of them and buying better coins down the road.

 

It looks like current melt on a roll of silver dimes is around $61.00 and completed listings of a roll of average Barber dimes are selling for just over $100.00.

 

Go through your better dates, look at the completed auctions and look at the sold prices. That will give you an average to shoot for.

 

That's what I'd like to do is maybe get a nice toned slabbed barber. I believe one nice coin would bring me more joy than a bucket full of average circ coin. The better part of these coins I purchased in lots of 10 just to get 1 maybe 2 out of the lot . I never paid more than 20 -25 for those lots. So if I can figure out how to get like 2 bucks each from the common and a bit more for the better dates. I'd be happy. The coin I'm looking at is about 150. So I've got 60 dimes just in this album not counting the extras.

 

There you go. The average for a roll of them puts them at around $2.00 each. List a roll at $119.99 BIN OBO and accept any offer over $110.00 and anything between $100.00 and $110.00 send a counter offer.

 

Your best strategy might be ebay, might be listing them on CT or might be going to a local shop. I did a quick search through ebay and found completed sales of Barber dime rolls over the last two months have averaged about $109. After free shipping, which I would assume might be $5 or so and ebay/PayPal fees, perhaps another $11, you are looking at around $93 net on a roll. Of course, these values would be sensitive to the spot price of silver and the rolls that sold for the most were solid-mint rolls such as all S-mint coins.

You should weigh whether or not it is worth your time and effort to image, package, list, ship and deal with ebay/PayPal or if it might be better to use another venue even if you net a few dollars less.

 

Thanks for posting Tom. I listed 51 of the common more worn coins in a roll listing in eBay. I'd say most of these I have around 2 buck each in. I don't have any local coin shops to try. So I listed the 51 for 121.99 plus shipping as of this morning I've recieved 2 offers 105+ s/h and 110+sh I've countered with 115 as I'm hoping to get atleast my money back from these . I haven't listed any of the semi key dates yet as I have put them all aside . Im thinking 115 plus shipping fee will net me right at the 2 each price after I pay all the fee that go with selling on eBay . Even though these are old worn coins part of me hates to part with them but at the same time don't see why I would need several of the same date and mm when I have them in much higher grades.

 

Very nice.. I wish you luck. Just think of them as ganging up to help you get funds for a newer and better coin.

 

Thanks for the help everyone . I just sold the roll for 112 plus 2.99 shipping. Any ideas on how to ship ? I'm sure I need tracking .

 

Like people said before, take the nicer/scarcer ones and sell them by themselves of in small lots. And then just take the junk and sell if for melt of a bit more. I do the same thing with aussie pennies.

 

I'd ship them via USPS Priority Mail.

 

Put the rare dates on the outsides of a roll and make a cheesy title and description. (JK: don't do that please, stuff like that is reserved for scammers) Realistically, I think your best bet is to take out all the better dates, and sell the rest in a tool. Best specific about the conditions and take good pics of the better dates.

Edit: I just realized you sold some already, so you must be doin' the right thing.

 

These kinds of stories amaze me. The last time any G-VG coin that wasn't a stone cold key coin interested me, I was 9 or 10. Then I got over the "hole filling" fetish. I turned 60 today. My motto is always buy the best you can afford. I know one guy at a local coin club who is my age or a bit more, and he is so into worn flat Barbers, I just can't fathom it! Sometimes it's hard to tell them from conduit breakouts on an electrical box. What IS the fascination with hole filling?

I guess I have the other disease - the search for the right piece is more fun than the having of an inferior one.

 

It seems to satisfy the OCD type people. They have to have those holes filled..

 

Well, happy born day @V. Kurt Bellman