Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
'junk' silver definition...
>
Reply to Thread
Message:
<p>[QUOTE="imrich, post: 2507029, member: 22331"]I've been selling similar material and more for the last ~5 years, in minimum $25 Face Value lots.</p><p><br /></p><p>You should be able to sell any unmutilated pre-1965 90% U.S. coin with a full date/mint-mark at a NET premium, <b>dependent upon where it's sold.</b> The only coins I've seen as "junk" on your list, are undated S.L. quarters. I initially feed the coins through a manual coin counter, which generally catches the mutilated coins. I then stack the coins in an appropriate tube, which will rapidly allow additional culling as the undesirable coins wont stack evenly. Don't bother with holders, as most buyers just want to see general condition and count, which can be seen by stacked placement in a plastic transparent $10 worth holder. While stacking/placing the coins in a pouch you can also remove undesirable coins.</p><p><br /></p><p>I initially tried the avenues that members of a site as this would suggest, but found that "professionals" have established numerous methods to confiscate your coins, often quite "dis-honest". I've determined that Craigslist is the best media for sales, when practicing safe transfer procedures. I'd suggest that you never ship coins to a potential buyer, unless you've been paid in advance, and you use a method assuring delivery. There are "big-time" thieves offering "consignment"!!</p><p><br /></p><p>I've found that a discounted (i.e. <melt) sale of "Junk" on Craigslist will allow a NET sale value greater than any normally recommended. The discount amount is generally determined by "market" conditions. Currently, generally a 10% discount will sell virtually whatever 90% "junk" you've to offer.</p><p><br /></p><p>I recommend that you limit the sales amount at any given time, to dollar-cost-average. I've often received offers to purchase "everything", but limit my sales to ~$200 Face Value/buyer.</p><p><br /></p><p>The uncirculated 90% pre-1965 and generally pre-1916 will command a premium above normal "no junk", dependent upon condition.</p><p><br /></p><p>JMHO[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 2507029, member: 22331"]I've been selling similar material and more for the last ~5 years, in minimum $25 Face Value lots. You should be able to sell any unmutilated pre-1965 90% U.S. coin with a full date/mint-mark at a NET premium, [B]dependent upon where it's sold.[/B] The only coins I've seen as "junk" on your list, are undated S.L. quarters. I initially feed the coins through a manual coin counter, which generally catches the mutilated coins. I then stack the coins in an appropriate tube, which will rapidly allow additional culling as the undesirable coins wont stack evenly. Don't bother with holders, as most buyers just want to see general condition and count, which can be seen by stacked placement in a plastic transparent $10 worth holder. While stacking/placing the coins in a pouch you can also remove undesirable coins. I initially tried the avenues that members of a site as this would suggest, but found that "professionals" have established numerous methods to confiscate your coins, often quite "dis-honest". I've determined that Craigslist is the best media for sales, when practicing safe transfer procedures. I'd suggest that you never ship coins to a potential buyer, unless you've been paid in advance, and you use a method assuring delivery. There are "big-time" thieves offering "consignment"!! I've found that a discounted (i.e. <melt) sale of "Junk" on Craigslist will allow a NET sale value greater than any normally recommended. The discount amount is generally determined by "market" conditions. Currently, generally a 10% discount will sell virtually whatever 90% "junk" you've to offer. I recommend that you limit the sales amount at any given time, to dollar-cost-average. I've often received offers to purchase "everything", but limit my sales to ~$200 Face Value/buyer. The uncirculated 90% pre-1965 and generally pre-1916 will command a premium above normal "no junk", dependent upon condition. JMHO[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
'junk' silver definition...
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...