I will start this thread without any pics...you'll understand why soon. I have purchased over 30 years, and then inherited 5 years ago, a great number of Morgan (and Peace) dollars. They are virtually all non key-dates. Their condition ranges from 'slick' to VF+. I've been greedy, waiting always for silver to go up a little more before selling...but when it does, and then goes down without me selling, I've squandered another opportunity to get rid of some at or near the high. My silver guru has a phrase about that: Bulls get rich, Bears get rich, but Pigs get slaughtered. I'm getting old, could handily use some spare cash, and am weary of waiting for $50 silver...which I doubt I'll live long enough to see. A couple weeks ago I grabbed about a dozen of each at random, slipped them into 2X2 folders, took good enough pictures, and listed them individually on eBay as $10 start 5-day auctions. I was careful not to grade them, adding YOU GRADE to each listing. I know nothing about VAM's, so didn't mention it. The average sale was within a nickel of $25 each; some as high as $29+. Hard to complain about for a coin with <$14 silver content...as long you don't consider what your weighted average cost may be (fairly low, with the inheritance...but unknown). There are several hundred of these. I have sorted them by mint. I'm willing to put time & effort into listing them on the Bay. But I wonder whether there's a better way, one that would expose them to more discerning buyers, thereby getting a slightly higher figure for the better ones (to be listed first?), and attracting more traffic to my listings. I hereby expose myself (in all my greed and ignorance) to the tender mercies of all interested members of CT. I'm in need of a good lesson; I promise to consider well and long what you have to say. Thanks, wlw
If they're all like you say there's no "discerning buyers" just list them all individually or in lots of 10 or 20 on the bay and let them roll. You did slightly above average for what you are describing so I'd say do what you were doing.
