Is it really worth it to sell silver coins on Ebay?

Discussion in 'Coin Chat' started by fretboard, Jan 11, 2013.

  1. rockyyaknow

    rockyyaknow Well-Known Member

    Can even get a bit of a premium off craigslist.
     
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  3. rockyyaknow

    rockyyaknow Well-Known Member

    My LCS will buy for about 90% as well which isn't too bad at all. I don't sell myself I just hoard. If you sell 40% to a LCS then you'll get ripped off.
     
  4. Danr

    Danr Numismatist

    if you want to chance it try craigslist- just meet the buyer at a neutral location like a mcdonalds
     
  5. rickmp

    rickmp Frequently flatulent.

    Wouldn't a donut shop be safer?:devil:
     
  6. Detecto92

    Detecto92 Well-Known Member

    What I meant was, a website that would not charge it's users to buy or sell bullion.
     
  7. ikes4ever

    ikes4ever Senior Member

    try selling on coin talk first. then e-bay it
     
  8. Louie_Two_Bits

    Louie_Two_Bits Chump for Change

    Wouldn't two such websites be here at CT or Craigslist?

    -LTB
     
  9. doug444

    doug444 STAMPS and POSTCARDS too!

    Got a local flea market or antique show that's not snowed in? Put $5 face in silver in your pocket and "go shopping" for coins or other collectibles. You're likely to score some great barters - flea marketers are nutty about silver, they all visualize silver going up and up and up.
     
  10. Danr

    Danr Numismatist

    Literally i laughed out loud
     
  11. largecent37

    largecent37 Coin Collector

    Every coin shop is different. I've had mostly good experiences with them. I wouldn't lump them all together as places that will rip you off:)
     
  12. Tyler

    Tyler Active Member

    He had a bad experience selling 3 silver dimes for slightly over $4 when they were worth 22x face. He was given a free dated buffalo nickel by the same dealer. The dealer probably would have preferred not even buying them but needed to make a couple of bucks for his time. If you know what the value of your coins are you can't get ripped off. Selling to dealers is a convenience. I have sold to dealers because I didn't want to go through the hassle to make 15% more. I don't think anybody thinks they will get the best deal at a dealer. Coingeek is just 13 though.
     
  13. doug444

    doug444 STAMPS and POSTCARDS too!

    Convenience is worth a lot. I picked a SDB less than a hundred yards from the biggest coin shop in the Columbus metro area.
     
  14. Silverhouse

    Silverhouse Well-Known Member

    Hey now, I bought my 1882 CC GSA Morgan off CL and I met the guy at a dunkin donuts. LMAO. He had a receipt all ready to go and everything. I got it for 200.
     
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