selling coins at garage sales

Discussion in 'Coin Chat' started by sweet wheatz, Aug 20, 2009.

  1. sweet wheatz

    sweet wheatz Senior Member

    Has anyone tried to sell at one?

    I am asking because I am planning on having one soon and am wondering if it was worth selling some wheats there. I already have them sorted and ready to go. For the commons I thinking 10 cents each or 15 for a dollar.

    How did you go about it if you did sell this way?
     
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  3. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I wouldn't do it. Around me it would be inviting a burglary. You are safer if nobody knows you collect coins.
     
  4. sweet wheatz

    sweet wheatz Senior Member

    It will be at a different location other than my house and it will involve several families so I don't think I have to worry about theft.
     
  5. TheNoost

    TheNoost huldufolk

    I have some halves and $2's ready for the garage sale that probably won't happen this year. Please let us know how it goes.
     
  6. jloring

    jloring Senior Citizen

    Buyers at garage sales (and flea markets also) are notoriously cheap... just try and sell a coin for anywhere near retail! I've tried a few times to dump some extras and believe me, it's no easy task. As an experiment, I priced a common $2 bill at one dollar. Not a single taker, though I did have an offer for fifty cents. It's still alot of fun, and putting out some wheats or dateless buffalos can result in some interesting conversation. I did sell a tin can full of common wheats for a couple of bucks... there were about 150 of them, so I had a happy buyer. I wouldn't worry about any perspective burglars unless I was showing off a bunch of gold or some really rare and expensive stuff. And I don't think anyone would be doing that at a garage sale, at least none I've ever seen.
     
  7. Razor

    Razor Senior Member

    Now that's funny :thumb: Then again, I lived in New Jersey for a few years so it's not that surprising.
     
  8. coloradotokens

    coloradotokens Junior Member

    I say go ahead and do it, because it only takes one interested person to buy the whole lot. You made a little bit of money and they just got a bunch of wheats for less money. I wish more people sold coins at garage sales, sometimes some cool things can be found.
     
  9. sirfordster

    sirfordster Member

    A buddy of mine sold some morgans that he bought at the local coin store for $14 a piece at the garage sale for $25 apiece! Sweet $9 profit, I'm thinking about doing the samething at my next garage sale.:thumb:
     
  10. ldhair

    ldhair Clean Supporter

    I had a garage sale about a month back. We had hundreds of the better Whitman albums and Redbooks at $1.00 each but sold very few. I gave away probably 50 Redbooks but some folks wouldn't even take them for free. It was fun talking with folks about coins.
     
  11. sweet wheatz

    sweet wheatz Senior Member

    will let you know how it goes.
     
  12. Just Carl

    Just Carl Numismatist

    As soon as I saw your post the above is the first thing that came to my mind. Although you may think all your neighbors are nice people and they well may be, stories about money tend to change as they are told. A stranger seeing some coins for sale may tell someone about many coins for sale who tells someone about thousands of coins for sale. This may tend to grow until the wrong individual hears about your fantastic wealth and one more home invasion on the way.
     
  13. Just Carl

    Just Carl Numismatist

    My post of a possible robbery due to the advertising of someone with coins may well be something for the present. Today the amount of home invasions are fantastically on the rise. This is possibly due to the economy but letting anyone know you have anything of value today is just not smart. Try to remember that it is not necessarily someone you know but the many, many people that roam the garage/yard/estate sales for just those possilbe next robbery sites.
     
  14. covert coins

    covert coins Coin Hoarder

    The garage sale is the great American common man's store. Go ahead I have actually picked up some coins and other great stuff at them.....
     
  15. Grbose

    Grbose CoinSpace.com CEO

    I haven't done it but I've looked for them at Garage sales and never had any luck.
     
  16. yorkiedad5

    yorkiedad5 Senior Member

    give me a good deal and i will take them off your hands. i love wheat pennies bill
     
  17. biggiej

    biggiej Member

    My wife yells at me all the time, the little town we live in has one tavern which is where we all go to gossip and swap stories. Everyone in town knows I am into coins and they get tired of me going on and on about them. wednesday is cheap beer day and kind of the day we all get together. Just to agravate everyone I try and take a different coin or mint set or proof set each wednesday to talk about and to bug my buddies.
    My wife says that someone who is a crack head or other low life will see me doing this and kill us in our sleep for our coin fortune!!! That would definately liven things up in our sleepie little town!!!:hatch:
     
  18. RickieB

    RickieB Expert Plunger Sniper

    That is 1000% correct!!!

    Heed that advice young man.

    RickieB
     
  19. Arizona Jack

    Arizona Jack The Lincoln-ator


    My very first thought. If I were to have a garage sale, the last thing I would put out is coins or anything similar.
     
  20. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    I'll give you a dollar per $2 bill you got... anyone that turns that offer down is an idiot cause you can only double your $$$ at least
     
  21. green18

    green18 Unknown member Sweet on Commemorative Coins

    Biggie, My wife always tells me I never listen to her. Now I'm tellin' you....LISTEN TO YOUR WIFE.
     
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