I have circulating coins from Switzerland, Canada, and a few other coins. I was going to sell them on ebay but you know how much you can lose from fees, shipping, and low bids is significant. I found this web site and it looks like a good idea. What do you think? Lastly, do you know if they buy mexican pesos coins? I thought I saw a page mentioning that but now I can't find it, and it's not on the application you are supposed to fill out and send with the coins. Thanks
I've used them before, along with another site that I can't remember the name of. Just make sure to check the rates of the coins that you are selling against the competitors. Some vary more than you think. Good service. Funds were sent via PayPal.
No. If I ship in a small flat rate, that's 6 bucks or so. I got 400 Nuevo pesos, 40 or so in Swiss francs, 30 Canadian, etc. I'll make at least 50 or more
You should get at least exchange rate on ebay. Worried about low bids... start closer to the exchange rate. You have close to $80 US. Edit... I just checked the rates on that website. The coin rate they are giving you is really low. I have noticed on ebay that coins go closer to the real rate.
You pay for the convenience. Trying to extract the theoretical $80 out of that lot would be the time-wasting hassle of a lifetime. Even the CoinStar machine bangs you for 7.5% (I think).
I think coin star is 10.9 percent! At least where I live. Thanks for the replies. I'm going to stockpile a little more before I sell to this place, or I'll think of something else. The local shop over here buys some of the stuff, but mostly only the larger denominations
While the flea market season's in high gear, run the whole lot on CT first - doesn't cost you a dime. We'll slice and dice you, your coins, your grammar, your reputation, and your attitude, all no charge, straight up.
Doug5353 wrote: run the whole lot on CT first - doesn't cost you a dime. Great idea!! Do very many sales occur on CT? Say...out of 100 coins offered (with nice pics etc) how many would sell? About what percentage? Is there a special forum for sales on CT? Oh, I sell on www.usacoinbook.com. Very low fees (2%). Quick Paypal, and many sales options. At least I like it.
Sure: https://www.cointalk.com/forums/#advertising.5 Those WTS/WTB/WTT forums are for active Coin Talk members. The primary plus is not the potential profit (as far as I can tell) but the fact that you usually know who you deal with. Christian
USACoinBook is EXACTLY what I've been looking for -- a low-key and transparent and CHEAP place to sell off about $500 worth of duplicates. Best tip of the month, at least for ME.
I've been looking at USACoinBook just now. I was hoping to see what prices coins are actually getting there. When I click on "Recently Sold Items", though, I get a list with some very optimistic prices (nearly all Buy It Now); it makes me think that I'm actually seeing all recently closed auctions, whether they resulted in a sale or not. I've grown quite dependent on the "sold items" search facility on eBay, and I'm finding it really hard to engage with a site that doesn't offer it.
Agreed, but my strategy is going to be a little different; my prices will be LOW, and the money will be made when I re-deploy that capital as good purchases. If I can turn over $50 worth of cheap coins to buy a good $30 coin, I'll be satisfied. We can't always maximize.
I have to say that I've been extremely disappointed with the CT sale forum. I don't believe I have sold a single thing that I have posted there, nor even generated requests for info or offers. Worst forum sales site I've dealt with. As a comparison, when I sell guns, I've had pretty good luck on the gun forums I frequent. Rob
Can't disagree. The buyers are usually too advanced for the material being offered. Last year I made one or two good buys of "new" interests, but will not return to Supporter status, and have not even participated in the "1 per week" entitlement. Waste of time. Now that eBay has cut deals with big companies, which generally means free postage and insurance, bullion's out of the question too.
It lacks a few bells and whistles (www.usacoinbook.com) but for the free price of just listing hundreds or thousands of coins is unbeatable. it can even serve as your personal catalogue!! Many dealers quietly use the site. It is very low pressure, if a coin sells it is removed and goes into your "invoices". If you are charging too much, it will not do well. Often you can scan posted coins (say: 1919 Mercury dimes), and easily see the standard price for the coin you are thinking of selling, and the grade. Tracking the sales prices for other sellers (besides yourself) is difficult on the site. But hey, it is a very relaxed way to sell. I use no tracking for coins under $20.00, and there is an option available for sellers to select "tracking" and to add the cost to the sales price. The site is not very specialized for "world coins", but the search engine pulls up most of them. You can also go to the "store" of a seller you like and search his/her stock. "Greenfield" for example, is a typical seller who offers "world coins". Most sellers are into US coins, but all sorts of exonumia (did I spell that right ?) are sold, books, tokens et al.. At the beginning of my use of USA Coinbook, I was skeptical, but my sales are good. I am not a dealer, but some folks on the site have thousands of sales!! The site is a nicely kept secret amongst those who dwell there. At the moment there are 9,166 members with sales of over 25,000 items. I joined last December, then it had 7,500 members, with a total sales of just over 18,000 items. SO...in 6 months sales of just over 7,000 items occurred. Be patient!! People look at your feed back!! [ps. you can import your EBAY feed back stats into USA Coinbook!!]. Most of the sales are by a group of old timers. I would hazard to suggest that less than 100 sellers provide the bulk of all sales. You can find my site there easily, My store is -- GSDykes - hope this post helps.
I i looked at it and it's pretty cool. However, I did a search for doubled die and want to see if there are world coins with that, but you can't search within world coins. I couldn't figure it out. It seems up and coming. I'll give it more time
