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<p>[QUOTE="mark_h, post: 1446617, member: 3726"]Here is from my experience:</p><p>(1) If you sell to the local dealer. This gets you money the quickest, but also results in a bigger loss. I would call this last resort.</p><p>(2) Consign the coins to a dealer. Several dealers do this. This can take time to move the inventory - patience is a key. Results in a smaller loss or no loss at all depending on the coin, what you paid and the value.</p><p>(3) Sell on something like heritage. Probably better for the rarer or high grade stuff - what I have on consignment at long beach will only cost me 5%. But it takes them 45 days to cut the check. Not as long term as number 2 and from the way I figure it will result in the same small loss percentage as 2.</p><p><br /></p><p>Now the last way to sell is on ebay - I don't like this option, but it works for others. The reason I don't like it is - can you handle the loss of shipping or dealing with bad buyers? For me the time was not worth the risk. I have some coins on consignment that might end up there. I have almost completely thinned my collection down to the "what I will collect". </p><p><br /></p><p>Selling is a real and good experience to help you understand collecting. If you go back several years you will find a thread from Mark Feld talking about collecting. One of the steps was selling - I disagreed. Now at this time I can say I completely agree with Mark Feld's post. I wish you good luck on selling.[/QUOTE]</p><p><br /></p>
[QUOTE="mark_h, post: 1446617, member: 3726"]Here is from my experience: (1) If you sell to the local dealer. This gets you money the quickest, but also results in a bigger loss. I would call this last resort. (2) Consign the coins to a dealer. Several dealers do this. This can take time to move the inventory - patience is a key. Results in a smaller loss or no loss at all depending on the coin, what you paid and the value. (3) Sell on something like heritage. Probably better for the rarer or high grade stuff - what I have on consignment at long beach will only cost me 5%. But it takes them 45 days to cut the check. Not as long term as number 2 and from the way I figure it will result in the same small loss percentage as 2. Now the last way to sell is on ebay - I don't like this option, but it works for others. The reason I don't like it is - can you handle the loss of shipping or dealing with bad buyers? For me the time was not worth the risk. I have some coins on consignment that might end up there. I have almost completely thinned my collection down to the "what I will collect". Selling is a real and good experience to help you understand collecting. If you go back several years you will find a thread from Mark Feld talking about collecting. One of the steps was selling - I disagreed. Now at this time I can say I completely agree with Mark Feld's post. I wish you good luck on selling.[/QUOTE]
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