Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Not sure if this type of post is allowed, but
>
Reply to Thread
Message:
<p>[QUOTE="DonnaML, post: 4169547, member: 110350"]Obviously you could consign to one of the auction houses, but it could take quite a few months from the time you consign until you receive the proceeds. So about five years ago, when I had to liquidate my collection of British gold and silver coins and historical medals accumulated over a 30-year period, because I needed money right away, I sold them directly to Stack's Bowers (which, of course, deals in ancient coins as well). They paid me about 40-50% of retail value, which I'm sure was less than I would have ended up with by consigning them to an auction (even with seller's fees), but the consolation was that I received the money immediately instead of having to wait 6 or 7 months. And I had bought most of them so many years earlier that I still ended up receiving more than I had paid for them. I don't know how many other major auction houses also buy coins directly, but Stack's can't be the only one.[/QUOTE]</p><p><br /></p>
[QUOTE="DonnaML, post: 4169547, member: 110350"]Obviously you could consign to one of the auction houses, but it could take quite a few months from the time you consign until you receive the proceeds. So about five years ago, when I had to liquidate my collection of British gold and silver coins and historical medals accumulated over a 30-year period, because I needed money right away, I sold them directly to Stack's Bowers (which, of course, deals in ancient coins as well). They paid me about 40-50% of retail value, which I'm sure was less than I would have ended up with by consigning them to an auction (even with seller's fees), but the consolation was that I received the money immediately instead of having to wait 6 or 7 months. And I had bought most of them so many years earlier that I still ended up receiving more than I had paid for them. I don't know how many other major auction houses also buy coins directly, but Stack's can't be the only one.[/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
>
Ancient Coins
>
Not sure if this type of post is allowed, but
>
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...