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<p>[QUOTE=&quot;RScott, post: 269969, member: 9998&quot;]Greetings---This looks like a great site for coin questions and answers. I apologize if this has been asked before, but I searched many threads in this forum and could not find a question/answer quite like mine.</p><p>&nbsp;</p><p>Over many years my family and I received collectible coins as gifts from a relative who was an enthusiastic coin collector. It was such a nice gesture to include us in her hobby, and we always carefully stored the coins, thinking that someone in the family might take up coin collecting as a hobby someday. I collected as a child, but didn’t keep it up--and now I just have too many other hobbies to take on another. So now our family has quite a number of coins, but nobody to appreciate them. So I would like to look into how I can sell them.</p><p>&nbsp;</p><p>I’ve done quite a bit of research over a few weeks, and it looks like some of the coins are quite valuable. There are many coins (probably over 100), with a wide variety. A few random examples include: Many Morgan Dollars, Krugerrand 2001 1oz Gold, British Royal Mint 2000 Millennium Gold Sovereign 1st Strike gold PCGS MS67, etc. I randomly looked up a few of my PCGS-graded Morgan dollars, and PCGS says some are worth well over $2,000 each. I won’t bore you with a full inventory, and I’m sure some aren’t worth nearly that much, but the point is that many have significant value---so I want to be well-educated.</p><p>&nbsp;</p><p>It seems there are many different options for me, such as: sell to a coin dealer, bring to a coin show, auction them online, etc. The most appealing to me is auctioning them online, since I can sell them one by one on my own time, and since I&#039;m not an expert, seems like I should be able to get more fair prices in an auction versus trying to sell them to a coin dealer. Better to have more than one bidder. </p><p>&nbsp;</p><p>The only problems I can see with the online auction approach for me are these: 1) Most of the coins have not been graded (though some have grades, and at least all of them are in some kind of slab). I can certainly take decent photos, but seems like even good photos are no substitute for a PCGS grade, or for actually holding a coin. 2) I have only bought and sold a few things on eBay (none of them coins), so don’t have anywhere near a “Power Seller” reputation built up. So I’m guessing these factors would quite negatively impact the bids I would get.</p><p>&nbsp;</p><p>So I have a few questions, please:</p><ul> <li>If you were in my shoes, would you sell them through an online auction site---even with the drawbacks mentioned above?</li> <li>If online auction, would you use eBay? (vs. some other auction site)</li> <li>If online auction, does the “no grade” issue matter a lot if you have decent photos? (Would it be worth the $30 per coin to send all the obviously valuable ones to PCGS to get them graded/slabbed?)</li> <li>Do you have other ideas that I’m overlooking for a better way to sell them at the fairest price?</li> </ul><p>Keep in mind that I am in no particular hurry to sell the coins...I just want to get a fair price for them. I think coin collecting is very interesting, and have learned a lot over the past few weeks, but with family/work obligations and other hobbies, I just can’t afford the time to become a collector---and I think others would get more enjoyment out of the collection.</p><p>&nbsp;</p><p>Sorry this is such a long post. Any and all advice greatly appreciated![/QUOTE]</p><p><br /></p>

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