Bought this from a dealer who helped me assemble a quarter collection back in the 70's for $10.00. A similar coin (1940-D) from the same place, PCGS graded MS66. I am having no luck selling these beauties raw. Sold the 40D at HA and was very pleased. Why is it so difficult to sell a nice specimen raw?
The pics are not good. Many potential buyers would pass unless you can upload better ones outside of the capsule.
Because @philjam most of the people on FleaBay can't grade and are too cheap to pay anything more than silver spot for any raw coin. Chris
There are exceptions, but I don't think serious buyers visit eBay more often than just once a week to see if anything good has surfaced. Speaking for myself, there's so much swill to wade through these days that it would be a waste of a lot of my time to visit as frequently as I used to. I'd be very surprised if that isn't a common sentiment among most of the long-time collectors.
There was a time when I would browse eBay everyday looking for interesting coins. Not anymore. Too much junk and over-priced slabbed stuff. Just don't go there anymore.
I knew it wouldn't take long for someone to respond to that post . . . My eBay listing volume has dwindled to about 20% of what it once was, in favor of listing elsewhere.
As far as raw coins go, a lot of the ones on eBay have been cleaned, are misrepresented or are just downright fakes. A lot of your potential buyers have been burned once already.
I agree with what has been said about ewwbay. Way over priced BIN especially on graded coins. The starting prices of most of the auctions are outrageous too. For the quality that is. I do look for the "Make an offer" ones on certain graded coins. I found that some sellers will shoot for the moon on their BIN prices. However if you make an offer (that you are comfortable with) within a couple days of the ending, sometimes they surprise you and accept.
You have to study each coin when buying on ebay, but also depends on the cost of the coin, if you want a good one for nothing that's possible, either a lot of work or trust someone or find it in person, depends on your wants and your dealer, market availabl. as far as selling, I loose that battle too, because I cant waite a year. so it brings what it does, and they get one heck of a deal sometimes I wish I got the same deal they got from me. I try to keep it moving, because I keep learning, and the wow, I love that coin. wish it sold for more. really one of them things you have to learn for yourself, don't expect to make a profit as a collector, unless you can hold it for a while. and don't need the money for your next money loss.
Remember when you could post a coin for auction and start it at $0.01 (penny) and in 7 days it would crawl close to market? Everybody had fun with those, even the seller. It was more of a swap meet - collector helping collector. Of course, that was a long time ago, before big business and the affect of the US Mint flooding the market entered the picture.
I wish I had every coin I ever bought, Id be rich, ,,,, or Im rich because I did own every coin I bought. passed it on because I had to.
Because those of us that grew up building our collections with raw coins are fading away. Ethics have deteriorated and the younger savvy coin buyer for the most part is not very trusting of a nice raw coin.... And for good reason too I might add. I do the vast majority of my deals with a local shop. I would be in trouble if he retired or closed shop.
I think that's the key Ethics have taken a downturn to collector selling to a collector with honesty. Ive been tru with my dealings, but well also had bad experiences. don't have a good buddy at a coin shop.
Phil its easy to sell, its hard to get market value. have to find the person looking for that coin. the 1941 S is MS-61 at best. @ 20