Is this a fair price to Ask for this lot?

Discussion in 'Coin Chat' started by fred13, May 23, 2011.

  1. NorthKorea

    NorthKorea Dealer Member is a made up title...

    If you're so worried about fees, list it as a Buy It Now.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. fred13

    fred13 Junior Member

    Selling off the collection piece by piece would result in high fees whether auction or buy it now
     
  4. statequarterguy

    statequarterguy Love Pucks

    Then don't list them as bullion.
     
  5. fred13

    fred13 Junior Member

    they arent listed as bullion
     
  6. fred13

    fred13 Junior Member

    Well gentlemen thank you all for your advice especially you North Korea with your spectacular advice that never ceased to dissapoint. I am sorry if I offended anyone through my superfluous violation of this threads rule. Have a good day
     
  7. NorthKorea

    NorthKorea Dealer Member is a made up title...

    I was obviously unclear in my post. I meant place the lot as a Buy It Now ("BIN"). Final Value Fee ("FVF") on a $1900 lot is lower as a BIN than as an auction listing.

    Edit: I'm pretty sure my advice about BIN is useful to someone who's averse to fees. I find it unlikely that a dealer would pay spot on that lot, since most dealers still consider Kookaburras and Britainnias as bullion pieces when purchasing them. None of your coins posted have been professionally graded. For that matter, you listed a 1923 Peace Dollar as AU, which would clearly grade in the VF20-25 range according to PCGS's PhotoGrade resource (http://www.pcgs.com/photograde/#/Peace/Grades).
     
  8. Siggi Palma

    Siggi Palma Well-Known Member

    Then you should say the picture in your lising is not the coins for sale, Because the picutre in your header has swedish and UK coins.

    Does the picture in your first picture contain Swedish and UK coins ?
     
  9. imrich

    imrich Supporter! Supporter

    A Personal Choice

    You can ask whatever you would like, but I , and others with which I often communicate, frequently purchase Numismatic quality coins on eBay at less than melt.

    Regardless of the price at which you may have seen a commercial firm sell an object, the market is "very soft" for moderns that have a niche
    interest, and "Numismatic" material in general.

    EBay buyers generally seem to be of the mind set that everything should be purchased based on its' melt value, and are even reluctant to offer that. Currently it appears that eBay is the best sales outlet to be found for "moderns", because others of like interest are finding that venue to have the best general buyers' selection.

    The mentality created by dealers, that virtually everything except that which they sell, is "junk Silver", has created some great buys for those knowing long term consumer wants.

    You would currently be selling into a depressed market for "niche items", and I personally would offer your lot at an opening price which might net that which you desire. If you use a singular picture with a quality "no B.S." description, you may interest the elusive buyer with desires similar to yours.

    If you don't locate that "specialty buyer", your costs are nothing other than your time allocated to acquiring a "real world" education. You can repeatedly offer your lot at incrementally reduced prices, for virtually no cost on eBay.

    It probably should be remembered that "collectors" generally are not good "investors", often buying items of which the general public would have little interest. I still have 20 beautiful 30+ year old Silver commemoratives in their individual velvet lined cases, and 10 1950D "full step" nickels, which can hardly be sold for their initial purchase price. They are kept to remind me of the impractical habits of collectors.

    I personally agree with the majority posts seen here, estimating a lower sales figure than you'd like. I've been wrong before, and wish you "good luck" in your venture to locate the "real value".

    Rich :thumb:
     
  10. RaceBannon

    RaceBannon Member

    This is the kind of advice that makes CoinTalk a great forum.
     
  11. lkeigwin

    lkeigwin Well-Known Member

    I agree. Separate the ones with numismatic value and sell them individually or in groups. All the rest sell for a reasonable bullion price.

    I would also add that if the numismatic value of any is just a little over spot, in your judgment, throw it in the junk silver pile.
    Lance.
     
Draft saved Draft deleted

Share This Page