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<p>[QUOTE="westindia, post: 1220711, member: 32015"]Hi Everyone - I am new to this forum but have been a collector/investor/speculator for about 15 years. I recently attempted to unload some things first at my only local coin shop, then on ebay. My local dealer bid me below <u>spot</u> by about 20% for PCGS Liberties and 15% for Silver Maples. So I restorted to eBay where a decent price was obtained, but then I paid out about 15% between ebay fees and paypal. I had another problem with eBay in that with the volatility in the gold/silver spot market a 3+ day auction can leave you to seriously misprice a coin.</p><p><br /></p><p>That leads to my open question - wouldnt an "exchange" be better than an "auction"? By exchange i mean you post your buy or sell price, and if someone likes it then you can transact. I know that there is a "buy it now" button on ebay but that function doesnt seemed to be used accept to find a buyer willing to pay over the value of the merchandise. </p><p><br /></p><p>I have seen the certified coin exchange <a href="http://www.certifiedcoinexchange.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.certifiedcoinexchange.com/" rel="nofollow">http://www.certifiedcoinexchange.com/</a> but that is only for dealers, and certified coins. Typically I would like to move into or out of bullion.</p><p><br /></p><p>Any thoughts/feelings would be most appreciated. Thanks in advance[/QUOTE]</p><p><br /></p>
[QUOTE="westindia, post: 1220711, member: 32015"]Hi Everyone - I am new to this forum but have been a collector/investor/speculator for about 15 years. I recently attempted to unload some things first at my only local coin shop, then on ebay. My local dealer bid me below [U]spot[/U] by about 20% for PCGS Liberties and 15% for Silver Maples. So I restorted to eBay where a decent price was obtained, but then I paid out about 15% between ebay fees and paypal. I had another problem with eBay in that with the volatility in the gold/silver spot market a 3+ day auction can leave you to seriously misprice a coin. That leads to my open question - wouldnt an "exchange" be better than an "auction"? By exchange i mean you post your buy or sell price, and if someone likes it then you can transact. I know that there is a "buy it now" button on ebay but that function doesnt seemed to be used accept to find a buyer willing to pay over the value of the merchandise. I have seen the certified coin exchange [URL]http://www.certifiedcoinexchange.com/[/URL] but that is only for dealers, and certified coins. Typically I would like to move into or out of bullion. Any thoughts/feelings would be most appreciated. Thanks in advance[/QUOTE]
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