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<p>[QUOTE="IdesOfMarch01, post: 2917638, member: 39084"]Let me preface this by saying that I personally haven't sold my or another person's collection, but I've observed collections being sold (mostly on auction sites but occasionally via consignment or elsewhere).</p><p><br /></p><p>Even though there are over 300 coins in the collection to which you refer, my first step would be to research and value the collection as accurately as possible. This may take some time but my point here is to set your expectations rationally rather than optimistically. </p><p><br /></p><p>Suppose your research (on VCoins, Sixbid, ACSearch, etc.) indicates that the collection is valued at about $20K <i>retail.</i> I would then estimate the potential liquidation value using your fairly thorough list (above) of the various means of disposing of the collection.</p><p><br /></p><p>For example, selling a retail value $20K collection to a dealer is probably going to bring in $12K - $15K at most, based on the dealer's risk, turnover, etc. Really, most VCoins dealers probably have the wherewithal to purchase a $12K collection if it has enough coins they're willing to add to their inventory. Is this a sufficient amount for you/the collector? If so, it's probably the fastest way to liquidate.</p><p><br /></p><p>If that amount is insufficient, my observation is that you're probably going to have go the consignment/auction route to potentially maximize your return. Possibly you could choose the top 100 coins from the collection and auction them, or consign them, and then sell the lesser 200 or so coins to a dealer. This is a slower liquidation method, though, and if you want to have your top coins included in the higher profile auctions, you'll probably need 6 - 12 months lead time.</p><p><br /></p><p>Personally, I would not want to sell a larger or even moderate number of coins individually myself through EBay or similar person-to-person auctions. It's just too much hassle for the incremental return.</p><p><br /></p><p>BTW, when you write "...collection of 300+ that has high/mid to high value coins..." what are your definitions of "high/mid" and "high" value? For some collectors, "high" value is $50,000+; for others, it's $1,000+.[/QUOTE]</p><p><br /></p>
[QUOTE="IdesOfMarch01, post: 2917638, member: 39084"]Let me preface this by saying that I personally haven't sold my or another person's collection, but I've observed collections being sold (mostly on auction sites but occasionally via consignment or elsewhere). Even though there are over 300 coins in the collection to which you refer, my first step would be to research and value the collection as accurately as possible. This may take some time but my point here is to set your expectations rationally rather than optimistically. Suppose your research (on VCoins, Sixbid, ACSearch, etc.) indicates that the collection is valued at about $20K [I]retail.[/I] I would then estimate the potential liquidation value using your fairly thorough list (above) of the various means of disposing of the collection. For example, selling a retail value $20K collection to a dealer is probably going to bring in $12K - $15K at most, based on the dealer's risk, turnover, etc. Really, most VCoins dealers probably have the wherewithal to purchase a $12K collection if it has enough coins they're willing to add to their inventory. Is this a sufficient amount for you/the collector? If so, it's probably the fastest way to liquidate. If that amount is insufficient, my observation is that you're probably going to have go the consignment/auction route to potentially maximize your return. Possibly you could choose the top 100 coins from the collection and auction them, or consign them, and then sell the lesser 200 or so coins to a dealer. This is a slower liquidation method, though, and if you want to have your top coins included in the higher profile auctions, you'll probably need 6 - 12 months lead time. Personally, I would not want to sell a larger or even moderate number of coins individually myself through EBay or similar person-to-person auctions. It's just too much hassle for the incremental return. BTW, when you write "...collection of 300+ that has high/mid to high value coins..." what are your definitions of "high/mid" and "high" value? For some collectors, "high" value is $50,000+; for others, it's $1,000+.[/QUOTE]
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