How Do You Sell a Coin Collection?

Discussion in 'US Coins Forum' started by centsdimes, Dec 25, 2010.

  1. centsdimes

    centsdimes Active Member

    Hopefully I’ll never have to sell my collection, but can you tell me whether it is more profitable to sell coins out of a collection individually, or is it more profitable to sell the collection as a whole?
     
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  3. Farstaff

    Farstaff Member

    Personally my experience is showing me to sell the coins individually. I have a 1946-1964 collection of Roosevelt dimes that been listed for about a month without any offers. I had a silver Washington set that I am selling the coins individually and I am receiving quite of bit of offers for the individual coins.
     
  4. Fifty

    Fifty Master Roll Searcher

    edited
     
  5. Farstaff

    Farstaff Member

    Let's not get the thread closed, because it was not my intention to solicit a sell but only to answer the OP question.
     
  6. RaceBannon

    RaceBannon Member

    It's probably going to be more profitable to break up your sets and sell the coins individually.

    However, it's a lot less work, and a lot more convenient to sell them as sets or even as a whole collection.

    This is how dealers make a lot of money, they buys sets for cheap, then break them up and sell the individual coins for a profit.
     
  7. saltysam-1

    saltysam-1 Junior Member

    Collectors buy coins, investors buy sets. Investors will look for high quality sets since they will be less likely to depreciate, not those associated with common coins. Collectors will be more likely to buy those (common coins) individually.
     
  8. coleguy

    coleguy Coin Collector

    It really depends on the coins. If you have a set of say seated dimes that are of varying grade and eye appeal, then it's best to sell them individually. But, if that set is of coins of matching quality and eye appeal, in my experience the set as a whole will sell far above the value of the set split and sold individually. Not many people are successful in assembling a matching set. Even the great collections of the past and present are usually split up when sold.
    Guy
     
  9. coinman0456

    coinman0456 Coin Collector

    Thats a difficult , if not impossible question to seek an answer on without first having considerably more information about your collection and a sight seen ( in-hand ) appraisal . I strongly suggest, that you start there, before making any decisions with regards to dispersing any or part of your inherited coins, and pieces you added to that collection, providing your feel you are ill-prepared to go it alone.
     
  10. BadThad

    BadThad Calibrated for Lincolns

    Always best to break a set apart. Most buyers will not want to go through the hassle of grading/valuing every coin in a set. They will price the key dates and consider the rest pretty much "junk" and pay accordingly.
     
  11. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Individually would be your best bet like most people are saying here :) but i would only say
    That 90% of the time, in some instances you have a collection where you have maybe
    5 coins from a set of 10 that are real valuable and the rest or not in order to get everything
    Sold you may want to sell the set that way you wouldnt have to sell the less valuable coins
    For less or have a much harder time selling them
     
  12. zika

    zika Junior Member

    I am always selling my coins individually, but sometimes it is not easy to sell non valuable coins.
     
  13. vnickels

    vnickels Matt Draiss Numismatics & Galleries

    Post some pics here or see a local dealer.
     
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