Garage sailers, er salers, er sellers.

Discussion in 'What's it Worth' started by Devyn5150, Apr 4, 2019.

?

Are garage sales a good venue for amateur collector coin sales?

  1. Well duh.

    25.0%
  2. Heck no.

    75.0%
  1. Devyn5150

    Devyn5150 Well-Known Member

    C9A3A39A-12C7-4010-8113-F9642BF33E5E.jpeg 4287254D-25EE-4F24-8D1A-B3453236605F.jpeg So yeah, new Penny births in Canada are extinct. Oh what to do with my pennies? Put them in a safe and Will them to my grandkids if I ever have any, but, will they be laughing at us here in 50 or a 100 years, like the pay phone, “pennies? What the heck are those?”

    Been thinking to have a garage sale this summer to try and unload the extras. What are they worth... argh! Been back n forth online and ebay trying to determine a value. A, BU roll of 2012 pennies going for $100 and many singles at a buck or more. Granted, none of my rolls are BU although there are many very nice looking units. I don’t want to give them away for face value or less and I don’t want to price them so high that everyone gags at the sticker price. I have one roll of decent looking 2012’s, half magnetic and half non. My impression for this roll is $10 (20 cents per piece) but is that too high for a garage sale or too low for what they’re really worth? The same question holds true for the rest of them, 10 cents per piece, 5 cents per piece, I just don’t rightly know.

    As well, throughout the penny search and organization process, I made 10 sheets and one book. 2 sheets for me, the book for my brother, 3 sheets one each for my kids and five extra that I hope to sell as a starter kit for new collectors. The kits are just the pages for now. I intend to present them in a binder with extras... a BU 2005 Victory P Nickel to start their Nickel pages and maybe a silver half, quarter and dime. Thoughts are swimming around the $25 mark per kit.

    Your opinions on this matter are valued and would be appreciated. I know there is more to pricing than just lustre but I could still use a little help here. Is selling at garage sales even a thing? I’ve been to many and usually start to drool when I pass a sign on the street announcing one but, I don’t recall ever seeing coins being offered.

    Attaching before and after shots.

    Peace.

    p.s. Not a solicitation post to the community. Not accepting offers.
     
    Randy Abercrombie likes this.
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  3. Kentucky

    Kentucky Supporter! Supporter

    In the United States, I often see garage sales that offer "coins" but I am either too late or they want ridiculous prices.
     
    Seattlite86 and Devyn5150 like this.
  4. Devyn5150

    Devyn5150 Well-Known Member

    The ridiculous pricing is what I’m trying to avoid as well as the losing of profit.
     
  5. Seattlite86

    Seattlite86 Outspoken Member

    Well, selling requires a buyer. You can’t get a buyer if you don’t list them. Think about your bottom line price, list them for a bit more than that and negotiate to your liking. By the way, most people lose money when they sell coins. If I were to sell all of my coins right now, I’d very likely get less than I paid for them.
     
    Devyn5150 likes this.
  6. Kentucky

    Kentucky Supporter! Supporter

    I have started putting coins on a "bid board" at a coin shop I frequent, any of those around?
     
    Nathan401, Devyn5150 and Seattlite86 like this.
  7. MeowtheKitty

    MeowtheKitty Well-Known Member

    Meow only on occasionally finds Canadian pennies CRH. But Meow saved two rolls where one end shows a US Penny and the other end shows a Canadian penny. Meow did not know that they had any value. Meow has only little a more that a roll of saved Canadian pennies, and keeps them is coinsafe tubes that say 'foreign' on the top. Maybe Meow should get an album for those too.
     
    SorenCoins and Devyn5150 like this.
  8. Devyn5150

    Devyn5150 Well-Known Member

    Agreed. I need a buyer, yes. A booth at a flea market for me is premature. The garage sale route is really all I could come up with, thinking that customers might get nostalgic with the penny and eat them up. As for losing money... I took 1 roll of silver quarters and 1 roll of silver dimes and 5 silver halves to a dealer (95 pieces). Except for the 67’s, everything is 80% silver. He offered a hundred bucks. He had silver halves loose in a cardboard box under the counter. They looked no less no more worse than mine. He was selling for $10 each. I didn’t sell.
     
    Seattlite86 likes this.
  9. Devyn5150

    Devyn5150 Well-Known Member

    Not to my knowledge but that sounds good. Actually, I haven’t seen a board like that in about 20 years. There used to be message boards like that in our Safeway that we’d always stop and read. I thought to maybe post on Kijiji or something other of the like.
     
  10. Devyn5150

    Devyn5150 Well-Known Member

    I ain’t getting anymore pennies up here unless I go searching. All my American coin gets put in a 2x2 regardless of quality and the extras get rolled and saved. I’ve come to realize, there are categories in the collection... general circulated (just getting the slot filled) and then the, “ don’t touch my coin with your bare hands one”, lol.
     
  11. MeowtheKitty

    MeowtheKitty Well-Known Member

    Ah yes, Meow has special Kitten Mittons for special coin handling.
     
  12. johnmilton

    johnmilton Well-Known Member

    If you put out anything decent, you might as well put a sign on your front lawn that reads:

    Coin Collector Lives Here
    Come Rob Me!!!
     
  13. Devyn5150

    Devyn5150 Well-Known Member

    Lol, I had that thought. The area of Edmonton I live in, although gotten a lot better than the 80’s and 90’s is still pretty rough. I’ve been told from some that I can appear intimidating. I just don’t eyeball no one when out of the house and in the neighbourhood. In the thoughtful planning of the garage sale, I have contemplated where my baseball bat be laid. If my brother is here then, no one will mess with two of us, he always has people thinking he’s a cop.
     
  14. Collecting Nut

    Collecting Nut Borderline Hoarder

    Forget the garage sale. It's just not a good idea and people want something for almost nothing.
     
    Seattlite86 likes this.
  15. Devyn5150

    Devyn5150 Well-Known Member

    Something for almost nothing is nothing new. The sign of our times. Maybe I’ll go to the flea market and talk with a few folks, and, btw, just in case anyone thought, the garage sale idea isn’t just for coins, we got the usual type stuff accumulating in the garage to fill a few tables. Thanks for the reply.
     
  16. Collecting Nut

    Collecting Nut Borderline Hoarder

    I have an antique shop. Earlier this week a man was interested in a 1950's balloon air inflater I have for $20. The mall offered him a 15% discount and he asked them to call the dealer. I offered a $5.00 discount, that's 25% off. He turned the offer down. His loss, not mine. I'm not in business to give things away.
     
  17. don oswald

    don oswald Active Member

    I found a high grade two cent piece in the bottom of a drawer at an estate sale. the guy gave it to me for free. this was the first estate sale i was ever at.
     
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