Need advice on dispersing capped bust dime collection.

I have decided that the time has come to sell my collection of capped bust dimes by die marriage that I have been assembling for a number of years. I have some concerns about what is the best method, or mix of methods to use.

I'm thinking that the lower-end, more common marriages should go onto to eBay for quick, no fuss disposal.

Likewise, I think the rare dates like 1809, 1811, and 1822 will do well there because of many eyes looking for them.

What I'm wondering about are the collectorgrade rare marriages and better-grade common stuff. Is it worth submitting these to one of the big auction houses, or will I just be wasting money on commissions. Would I do better with sealed bids? I don't see selling it outright to a specialist as an option.

What about weird stuff like split planchets and vintage buttons?

I look forward to your thoughts.

 

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There are a few collectors of capped bust coinage on the forum, since you have ten posts you are permitted to post on the open forums, you might want to give the fellows here a look at them first.

 

Try selling the collection of as a whole or lot. Private party. USrarecoininvestments.com may be an interested buyer.

 

If the collection is worth enough you might want to go the heritage route.

 

I know the JRCS has been joining with the EAC convention for the past few years. I don't know if they would welcome the early silver into the annual sale or not. The Copper sale does well because it is directed at a serious group of copper specialists. If M&G would accept them into the sale and include distribution of the catalog to JRCS members it might do well. One problem would be whether or not we could open the bidding in the sale up to the JRCS members. The EAC sale is a private sale that has only been open to EAC members. I don't know if we can open it up to the members of both clubs. Even so it is too late to get into this years sale so it would be a year before the sale.

 

Do you have one or more expert dealers that you bought some of the coins from? That could be a good resource for consignment for retail sale, or going through them to Heritage. The bigger consignors get better deals at Heritage, than the smaller fish. A big dealer is likely to be able to get much better terms than a first time, small time seller at Heritage. If you are on good terms with the dealer, they are likely to pass along a few of those bucks to you.

I reread your post, and I'm not sure why you rule out selling the entire collection complete to a specialist dealer. You'd probably come out close to what you'll get at Heritage/Ebay after paying typical small fish commissions, with a quicker check and less fuss, no Ebay returns, etc.

Are you set up to sell on Ebay? Meaning expert coin photography, a long and flawless feedback history as a seller? If not, you may be in for an awakening at the price gulf that exists between what expert sellers with a long history, get for their coins, and less-expert sellers, or first time sellers are able to get.

Consignment is another option, whether to a dealer, or an expert Ebayer. As others have said, the value of the coins, the grades, whether raw or slabbed (with attributions or not) are all factors. That said, if you assembled the set, you probably know more than most about the series, and the active dealers, and the market for the coins.

 

Thanks for your insights. I have posted it in the open forum.

 

I would NOT sell a collection like this on Ebay. Buyers on Ebay lately have only been looking for a deal, and are generally not willing to pay premium prices for premium coins. Not to mention the large amount of time and effort that it would take to properly list and market the collection.

You best bet, as mentioned already, is going to be a specialist dealer. The JRCS would be the primary place to get in touch with someone like this - and they can offer specialized assistance with the particular material you have. By the way, your collection is fantastic, and I know it will make a few lucky collectors very happy!

 

You could probably try teletrade. They are also running a free grading special though pcgs and ngc at the moment if your coin sells for over $250 ($11 per coin if it sells for less then $250 paid after it sells). Additionally the buyers pay most of the fees. As a seller you only pay 5% and you can place buyback bids to protect your investment. They also show the catalogs of previous auction realized prices. For you to get a better idea what your coins will sell for. Its a higher class then ebay for sure!

Its not that ebay buyers are all looking for a "deal" its that most sellers over hype, over grade, and miss represent damage on coins. So who is going to want to pay full price for sub par coins in most cases?

 

I buy special coins,errors,and specific die varieties.If I can afford them at the time.ebay can be a good route for very specific items,as long as your willing to wait the amount of time it may take to sell them for the price you want.but like others suggested,you can get teletrade to work a pretty good deal.

 

I would NOT sell a collection like this on Teletrade. Teletrade is high volume, generally average to low quality mostly modern coins, bought by wholesalers, dealers, and deal-seekers. You will not get a good price for high quality material, and Teletrade is TERRIBLE at specialized material, especially early US variety type material. Its great for what it is, but Teletrade is absolutely NOT the venue for a collection like this.

I keep on eye on Teletrade, but I am a deal seeker - and I only buy what I think might be above average. I have gotten some great deals on Teletrade, but I would not pay premium prices for specialized material on TT.

 

You have had some good advice. Stuff like this is hard to sell. Ballpark, how much is it worth in your opinion?

 

if you want a quick, hassle free sale and get a strong price; i would advise offering them to

www.richuhrichcoins.com
or
www.dickosburn.com

possibly dr. gene bruder @

www.typecoins.com

good luck...I have used your online collection as reference many times.

I would avoid ebay if at all possible.

 

I would also put out feeler on the bust forum
http://www.half-dimes.com/forums/

and the JR newsletter/blog

http://jr-newsletter.blogspot.com/

 

http://www.byronreed.com/byrons_collections/capped_bust_dimes/index.htm

pick out the priciest ones and slab them. These are very cool coins and most of these are definitely worthy of being slabbed. You may want to slab almost all of these. It seems like that would increase the value

 

I don't know Rich Uhrich, but I can personally vouch for Dick Osburn and Gene Bruder. Great folks. Often folks like to work on a consignment basis on a big group like this; that way, they're not out of pocket a large stack of change, especially since specialty die marriages can move very slow. Best of luck !

 

You have gotten some great advice here regarding some tough coins. Listen to the ones that mention Dick Osburn and the other dealers. This is a specialty coin series and you need to find the right marriage to sell it to. Dick has the connection in the bust series to move items like these.