Collection, for purpouses of starting over again with the money. THIS IS NOT AN OFFER, NOR SHOULD ANYONE PM ME WITH AN OFFER, THIS IS TO GET SOME QUESTIONS ANSWERED, thank you. I have both U.S. and Foreign coins, should I include the foreign coins with the U.S. , or would I do better by listing the u.s. and the foreign seperate?? What would get me more bang" 1: selling collection off into small lots 2: selling collection together as one huge lot I have a large hoard of just circulated change, much of which is dates that are known to have an error, I also have a lot of 70S lincoln cents, 82 Sm date and Lg date, and lots of the 60's varieties included in this hoard, should I sort out all the varieties, and take the rest to the bank? or offer this as well. I have 40.00 face value in jefferson nickels, should I keep them, for reasons that jeffersons are fixing to go up in price? Or dump them in the entire collection? Would just several pictures of the whole collection be alright? Or do I necessarily need to have pictures of all the carded coins by theirselves? How much would it effect the bids if I only had lets say 5 pictures on the auction, of just basically showing how large the collection is, of course I'll have every single coin listed down in the item description. I have over 4000.00 worth of coins, around 500 of it is just face value stuff that really just has that, face value. Should I Start the bidding at .99, and risk taking a major loss,which I don't necessarily think it would, I just don't want my lack of pictures on there, to make me loose money. Or should I start it off at around 1,000.00 , and let the bidding proceed from there?' Thanks for your suggestions in advance, no I'm not stopping my hobby, I plan on turning right around and buying the coins that I really want
I'm not really sure I understand what you have. Are all the coins circulated and are they all modern ?
Anything that you have that is just face value stuff should be taken to the bank, IMO. It's not exactly a hot item on ebay and nobody wants to 1. ship it, and 2. pay for shipping it. I don't think I'd list an entire collection of various things on ebay. I'd try to list them by groups, or rolls, or something. The more different lots you can make, the larger amount of interested bidders you'll have. That's my 2c Nick
I've got a little bit of everything GD, uncirculated barber coinage, FSB mercuries, High grade seated coins, most of what my collection consists of is pre 1964 coins, no lower than F-12. Thanks tradernick, that probably would be my best bet, place the winged liberty coins together, then the barber, then seated, etc.... It sounds like it would be better than putting up my whole collection, although, I've been watching one private collection go for over 1000.00 , and the guy really doesn't have a thing in it worth shaking a stick it, and not even a great quanity of it either, I was just looking at well, if he can get that much for what he has, i'm sure I could do real well ya know...
It is a principle that if you offer "X and Y" for sale, you will not find the people who want "either X or Y" but only those who want "both X and Y." You get the intersection, not the union. In other words, differentiation will pay more. Yes, you can find mixed lots selling "well" but that does not measure what they would have sold for individually. You also have to count your work. Most people, it seems to me, overvalue their own labor: doing the best job is not worth the effort. I feel that it is. Scan the coins and describe them, honestly, but fully, and with the best adjectives for their finest virtues. But do the work. You said that you would sell the Barbers as a lot, the Mercs as a lot, and so on. If you have any coins that are individually specially, then market them separately. Remember that a lot of all Barbers is still a mixed lot of Barbers. If you are experienced at selling on eBay, you ought to have a lot of fun. If you are not, this is going to be a nightmare. Either way: good luck!
Thanks mmarotta, Yeah I'm somewhat familiar with selling on e-bay, I think I have came to the conclusion though that I'm selling everything except my seated and barber coins.... It really is a tough decision for some to let go of a collection that they hold so dear to them ya know...
With a better understanding of what you have to offer, I would have to say selling the coins individually would be your best bet. It would certainly be a whole lot more work though.
I'd sell the cheapies as lots and seperate them by country. They aren't worth the trouble. I agree that the higher end coins should be sold separately. Offer people an incentive to buy coins from several of your auctions such as no additional shipping charges when you buy a second coin or more. Make this offer obvious (bold type) and provide a link to your other auctions. It will make things easier on you when you have to ship and will increase the hits you get on each item. I'm no coin expert but I've got a degree in advertising.
I'm not turning darkside completely if that's what your asking I'm going to focus my goals more on seated and barber coinage from half dollars to half dimes, probably going to go with EF - MS examples, i'm going to have a breakdown when getting rid of my FSB mercury dimes though, they have always been a real treasure in my collection, but, I think in the long run, I can build a more valuable collection to pass on to my future children, if I set my goals into just collecting the two previous types I have mentioned, barber coinage and seated coins are at a low right now, which gives me plenty of money to buy many differant high grade examples... I don't think i'm going to go for a complete set, just whatever is high grade, and is at a good price right now ya know.
Hey that's just as good! Barber coinage can look pretty spiffing in top notch conditions... i always thought it an uninspiring design till i saw the MS examples and then i had to have a recount. Nice Barbers are very nice coins. Mercs are very nice coins too, but mercs come and mercs go... i think you're right about the barbers. Good luck!
The mercury design is gorgeous. Maybe you should hold on to them and sell off everything else. It sounds like you are sentimentally attached to them!
I think it's a waste of my time to contemplate on selling any of my coins actually ... So far I have only been able to let go of 36 pounds of wheaties, 3 proof sets, and some foreign coins.
Is this because you cannot find buyers for the prices you are asking - or is it because you don't want to let them go ?
Well, one part of it is because I don't want to let go. And the other part is because of how low some very nice coins are going for, I'm thinking I should buy now, up untill income tax time, then sell what I intended to sell in the first place.
I wondered if that was the reason. Only you can decide - but keep in mind - we have been in a bullish market for almost 5 yrs now. And these cycles do not last forever. This one may be at its end - or it may continue. But 4 to 5 yrs is a typical length of time for a bullish coin market. Something to think about.
Absolutely, positively, without a doubt separate the U.S. and world coins! There are many, many world coin collectors like me, who specialize in a country, or group of countries, but would consider coins from other countries as well, especially if they would add to a one-per-country collection; but there are far fewer folk who seriously collect both U.S. and world. I personally would break the collection up into related groups of individual or small numbers, but at the very least you should keep the liteside/darkside distinction in mind.