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<p>[QUOTE="Lehigh96, post: 1827974, member: 15309"]It is obvious that your attempts to sell this collection have been very frustrating for you, but I doubt many people are going to want to help you if you take those frustrations out on members of the forum.</p><p><br /></p><p>Rather than sell the collection to a dealer, why don't you seek out an online dealer who will auction your collection piece by piece and charge you a consignment fee for their trouble. That way, you will be assured that each coin is sold for market value and that only the auction transaction costs and consignment fees are deducted from the sale price. I think that if you achieve 70% of hammer, that would be a good price. Certainly better than the 10% that dealers have been offering you to date.</p><p><br /></p><p>Now for the bad news. If your collection is full of hundreds of low value low grade coins, it may be very difficult to find anyone interested in offering their consignment services. The reason is much the same that many of the B&M dealers have been offering you 10% of book value. You see, it doesn't matter what value any book or guide says, if nobody comes into the store looking for those coins, they will sit there for a very long time. For example, I don't know a single person who collects 20 cent pieces, and I know a lot of coin collectors. So while you may think your 20 cent pieces are worth what the price guide says, the dealer may know that nobody collects them, or he may have an abundance of inventory in that type of coin already.</p><p><br /></p><p>In the end, time is money. I buy and sell coins online and if I don't think I can make at least $20 per coin, I don't buy the coin. It just isn't worth my time.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 1827974, member: 15309"]It is obvious that your attempts to sell this collection have been very frustrating for you, but I doubt many people are going to want to help you if you take those frustrations out on members of the forum. Rather than sell the collection to a dealer, why don't you seek out an online dealer who will auction your collection piece by piece and charge you a consignment fee for their trouble. That way, you will be assured that each coin is sold for market value and that only the auction transaction costs and consignment fees are deducted from the sale price. I think that if you achieve 70% of hammer, that would be a good price. Certainly better than the 10% that dealers have been offering you to date. Now for the bad news. If your collection is full of hundreds of low value low grade coins, it may be very difficult to find anyone interested in offering their consignment services. The reason is much the same that many of the B&M dealers have been offering you 10% of book value. You see, it doesn't matter what value any book or guide says, if nobody comes into the store looking for those coins, they will sit there for a very long time. For example, I don't know a single person who collects 20 cent pieces, and I know a lot of coin collectors. So while you may think your 20 cent pieces are worth what the price guide says, the dealer may know that nobody collects them, or he may have an abundance of inventory in that type of coin already. In the end, time is money. I buy and sell coins online and if I don't think I can make at least $20 per coin, I don't buy the coin. It just isn't worth my time.[/QUOTE]
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