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<p>[QUOTE=&quot;GDJMSP, post: 20481, member: 112&quot;]notacoinguy - </p><p><br /></p><p>If you choose to use an auction house - and I don&#039;t care which one - be it B &amp; M or Heritage or 95% of all the others - you will end up paying them fees to sell your coins, usually about 15%. Not that there is anything wrong with that as they are providing a service. But it has not been mentioned yet. There are a few auction houses now offering to sell collections with no fees. This is almost unheard of - but the offers are being made.</p><p><br /></p><p>Secondly - it has been suggested that the auction house will come to you to appraise the collection. This is true - if the collection is worth enough - usually $100,000 minimum. It does not sound like yours is. So they likely won&#039;t come to you - unless you live nearby to them.</p><p><br /></p><p>This being said - someone in your position should never consider trying to sell the coins yourself. You need either a dealer or an auction house. If you go to a dealer - they are going to offer you approx 15 - 20% less than wholesale. If you go to an auction house - most of them are going to charge you 15% to sell your coins. So either way - you pay. Unless of course you use one of the houses who are not charging fees.</p><p><br /></p><p>As for the coins being in old slabs - yes - some of them may get upgrades if they are re-submitted. Some of them may get downgrades as well. There is no certainty in this. It is a gamble - plain and simple. You could win thousands or lose thousands.</p><p><br /></p><p>Now you say you could take the collection to 5 dealers - if this is so - you likely live in a fairly large city, otherwise there would not be 5 dealers. Given this - I would shop around and get their bids. I would also contact the auction house closest to you and ask them for a bid. If you are close enough - they may come.</p><p><br /></p><p>Now I am going to say something no one else likely will. It is my belief that the coin market is on the eve of a substantial downturn. Not many agree with me. But - if it turns out I am correct then prices are going to drop. And when they do - they drop quickly. So it may not be wise to wait for an auction in Jan. or Feb. Given this - were it me - I would sell to the dealer with the best offer and sell now - or soon.[/QUOTE]</p><p><br /></p>

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