NOT FOR SALE... yet

Discussion in 'US Coins Forum' started by mikenoodle, Feb 22, 2008.

  1. mikenoodle

    mikenoodle The Village Idiot Supporter

    I wanted the advice of anyone and everyone who would like to pitch in their own 2¢ worth.

    I have an "orphan" coin in my collection. An "oddball", a "misfit". It's almost like I have been playing the "one of these things is not like the other" game from Sesame Street... but I go on sometimes...

    Anyways the question is this: I have a 1914-D Lincoln that I sent in to NGC and got back as I had expected slabbed and entombed a nice F-15 BN. The problem is that my entire collection centers on coins in high-end AU and UNC grades. The coin just doesn't fit, so I have decided that it is probably time to let some more entry-level collector own and enjoy this coin. This is NOT a normal thing for me. I generally NEVER part with coins from my collection. I have joked on occasion that I don't collect coins, I impound them. Once I take them in, the value is inconsequential to me because it will be something my heirs have to deal with. Again, I digress... How do I go about selling it if I want to maximize my price realized?

    I have an eBay account with a feedback score of 150 and it's perfect, but almost exclusively buyer feedback. It doesn't appear to me to be the way to sell this coin if I want to be sure get a good price, but I am open to all of your comments... especially the ones about my question...LOL ;)
     
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  3. asciibaron

    asciibaron /dev/work/null

    wild guess - sell it here or on coincommunity....

    -steve
     
  4. Leadfoot

    Leadfoot there is no spoon

    I would suggest that selling it directly to a collector would be the fastest and lowest overhead. If that would maximize profits, and don't forget to factor in your time, is anyone's guess.

    Personally, I would figure out how much I would want for the coin, then post it to a couple of forums trying to find a buyer. If that doesn't work, then I'd try eBay.

    Hope this helps...Mike
     
  5. Phoenix21

    Phoenix21 Well-Known Member

    I agree with Leadfoot, if you don't really want it anymore, selling is probably the best option. Just list it here on cointalk for a fair price, and you are probably almost sure to get a buyer. ;) BTW, where are the pics of this guy??? :D This thread is almost a tease without pics. :D

    Phoenix :cool:
     
  6. kanga

    kanga 65 Year Collector

    CDN indicates it's worth about $350.
    Coin Values shows about $450.

    I bet since it's NGC slabbed you could get the $450 on eBay.
    If you'll accept $350, start it at that.
    With eBay you're taking a shot at a bidding war that would make it worth while even with the fees.
     
  7. rlm's cents

    rlm's cents Numismatist

    I doubt that you will have any problems selling a certified coin on eBay if you have nice pictures. You may not get the last couple $'s, but I would guess that the couple $'s you might miss there will be less than another auction's percent or your dealers profit. The only place you might do better would be on this site, but that depends more on being able to find the buyer - but it is free
     
  8. Arizona Jack

    Arizona Jack The Lincoln-ator


    Yep...what he said.

    Or consign it to one of your CT buddies who will sell it a zero percent charge to help you out..........perhaps a powerseller with excellent feedback who specializes in Lincolns ? LOL
     
  9. Jim M

    Jim M Ride it like ya stole it

    Try Coinzip, its free.
     
  10. Arizona Jack

    Arizona Jack The Lincoln-ator


    Coinbug too !!
     
  11. kanga

    kanga 65 Year Collector

    But people here are more coin savvy than on eBay.
    You'll get CDN price here, but more likely Coin Values price on eBay.
     
  12. Just Carl

    Just Carl Numismatist

    Not being a person that has ever sold a coin, my suggestion is sort of the opposite of everyone else. My suggestion is to just simply start additional sets of those coins. Eventually you will acquire a set for that coin that way. Example is I have 10 completed sets of Lincoln Cents. I always put the highest graded coin in set #1 which is the one I started with a long time ago. Now every time I acquire a new coin it goes into a set to replace one of lesser quality, then the one in there moves to the next one and to the next one, etc. Eventually set #1 is almost all MS, #2 close to all MS, etc. Then there is the boxes of 2x2's of the ones removed from set #10. Eventually I acquire another album and take the 2x2's out and start set #11.
     
  13. Speedy

    Speedy Researching Coins Supporter

    Nice! Thanks for posting! I bought one of these I guess it was last year for alittle over $200. Looks like I got it at a good price!!

    Speedy
     
  14. Shortgapbob

    Shortgapbob Emerging Numismatist

    Slabbed 20th century keys are really hot at present. It should be an easy sell.
     
  15. mikenoodle

    mikenoodle The Village Idiot Supporter

    Is that an offer to consign, Jack???
     
  16. Arizona Jack

    Arizona Jack The Lincoln-ator


    It was a good spirited hint. Yeah, sure if you want, I'd be honored. No charge of course.....
     
  17. coinnewbie01

    coinnewbie01 collector of things**

    to be honest, if you have seen the prices that wheats are fetching on ebay, you would be silly to not sell on ebay. especially slabbed by ngc or pcgs, key dates are going thru the roof. go on ebay, search for auctions that have already ended for the same coin you have, and see the going rate. it will well be worth your while.

    G
     
  18. Arizona Jack

    Arizona Jack The Lincoln-ator

  19. mikenoodle

    mikenoodle The Village Idiot Supporter

    I added a pic to photobucket if anyone wants to see the coin. It is under mikenoodle_photo. Any more suggestions are welcome.
     
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