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<p>[QUOTE="stldanceartist, post: 1485171, member: 13307"]My two cents from a few years of buying/selling coins:</p><p><br /></p><p>I have only taken coins to sell to a B&M when I absolutely needed the money the next day to pay a bill. This is even at a local coin shop that I have worked, whose owners I consider friends. There have been many good explanations before mine of why they offer the prices they do...they gotta make a living, too.</p><p><br /></p><p>I have sold a few thousand coins and coin lots on eBay. Don't sell during the summer months, ever, because people are on vacation and realized prices are usually pretty low. Plus, the aforementioned reasons that the Bay is stacked heavily against you...but it can work if you group your items right and have decent photography skills.</p><p><br /></p><p>I have sold a few thousand coins and coin lots on Craigslist. If you can learn to weed out the crazies and lowballers, this too can work. Good advice has been given already for this.</p><p><br /></p><p>I have been to a few auctions with my auctioneer friend - and I wonder if this may be a median option for you that may work? Sometimes coins go for a crazy amount...normal sets that I see in a B&M coin shop for $20 going for $45, CC Morgan dollars going for 2x their BV...etc. I think with good advertising, this may be an option for you. I might give a couple of your local auctioneers a call and see what they think - chances are, they'll be able to tell you if there is a heavy demand for what you've got to sell.</p><p><br /></p><p>Finally, I've had some decent luck selling items here on CT - just thought I'd give them a nod - it's free, if you do PayPal gift there aren't fees there, and you might be able to group your collections and get more than the B&M offered you.</p><p><br /></p><p>Hope that helps![/QUOTE]</p><p><br /></p>
[QUOTE="stldanceartist, post: 1485171, member: 13307"]My two cents from a few years of buying/selling coins: I have only taken coins to sell to a B&M when I absolutely needed the money the next day to pay a bill. This is even at a local coin shop that I have worked, whose owners I consider friends. There have been many good explanations before mine of why they offer the prices they do...they gotta make a living, too. I have sold a few thousand coins and coin lots on eBay. Don't sell during the summer months, ever, because people are on vacation and realized prices are usually pretty low. Plus, the aforementioned reasons that the Bay is stacked heavily against you...but it can work if you group your items right and have decent photography skills. I have sold a few thousand coins and coin lots on Craigslist. If you can learn to weed out the crazies and lowballers, this too can work. Good advice has been given already for this. I have been to a few auctions with my auctioneer friend - and I wonder if this may be a median option for you that may work? Sometimes coins go for a crazy amount...normal sets that I see in a B&M coin shop for $20 going for $45, CC Morgan dollars going for 2x their BV...etc. I think with good advertising, this may be an option for you. I might give a couple of your local auctioneers a call and see what they think - chances are, they'll be able to tell you if there is a heavy demand for what you've got to sell. Finally, I've had some decent luck selling items here on CT - just thought I'd give them a nod - it's free, if you do PayPal gift there aren't fees there, and you might be able to group your collections and get more than the B&M offered you. Hope that helps![/QUOTE]
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