I am currently going through a number of fair-to-poor quality silver coins. I wonder about many of the older ones if they have any value above the silver content. For example, what about these I have pictured here, an 1894 and a 1907-D Barber half, with a pretty obliterated reverse. Would these sell on coinbug.com or ebay for anything over the bullion value, or should I just lump them in with the Kennedy halves and silver Roosevelts? I have the same question about a stack of silver Washington quarters (most of the 1934-1959 set) a number of 50's and 60's Franklins and a pile of Mercury dimes. Aside from many Mercury's with sad green scotch tape marks, the quality is definitely well above these halves seen here, but still AG, G, F. Maybe it would be better to group them together in smaller lots and sell them that way... I guess my real question is: If I'm wanting to sell down this part of the collection, should I sell the non-Kennedy/non-Roosevelt/pre-1950 Washington silver coins individually or in small groups instead of as bulk 90% silver bullion?
First, note that the 1894 half dollar is from New Orleans. (O mint mark). That said, they are in such poor condition that I would only pay bullion for them. however, there may be an ebay premium. Good luck.
I meant to say "-O", not "D". I'd imagine that the ebay premium would be negated by listing fees. So, bullion value then. Thanks!
If you check closed auctions on eBay, you will notice that many of the auctions for Bullion Silver Coins, sell above the going rate of what most Coin Dealers and Bullion Silver Buyers are paying for them (i.e. current factor times face value of the Silver). It is best to sell these by denominations, Series and Types if possible (i.e. Mercury Dimes, Silver Washington, Barber Halfs) as they seem to bring higher prices this way. However, if you don't have a lot of each, you could sell Barber, Walking Liberty, Franklin and 90% Silver Kennedy Halfs in one lot and they should still bring a premium over what most Coin Dealers are paying. The key to keeping your eBay fees as low as possible, is to keep the listing simple (one or two pictures, no Reserve if you are certain that they will sell for what you need out of them and no extra frills) but provide enough information in the Auction Listing to sufficiently inform any potential bidders of what you are selling. There is nothing you can do to lower the final bid price fee that eBay charges but I think that they still refund the Reserve Price fee if the item(s) sell. I would advise that you check out any and all closed eBay auctions where the Silver coins sold well above what any Coin Dealers and even some Silver Bullion Buyers would pay for them and see what worked for these Sellers. Frank
Hey there - another way to lower listing fees is to use an application like Garage Sale to list your ebay items. It uses HTML magic and allows you to load unlimited photos while only paying for 1 on ebay. A lot easier to manage and post listings with as well. And no - I don't work for the company