Message:

<p>[QUOTE=&quot;GDJMSP, post: 6852, member: 112&quot;]Not too long ago I decided to switch my collecting focus - I am no longer collecting US coinage - only world coinage. But over the course of my life I have managed to form a rather large US collection. I am currently in the process of selling this collection. So I think I can offer an answer to this question.</p><p><br /></p><p>Basically it all depends on several things. Among them it depends on the dealer I will be offering the coins to - some offer more than others. And in some cases I know I can get more by selling my coins to collectors than I can a dealer - dealers have to make a living and so it is obvious they cannot offer retail prices. But there is something else to consider as well.</p><p><br /></p><p>If one decides to sell their coins, say on ebay, do they have a current feedback rating or reputation ? Without it - you won&#039;t sell much at retail prices. So until you get this reputation you can lose a good bit on your sales. And you also need to know what the real retail prices are. In very few cases is the true retail price the same as those published in the various price guides. So what the dealer is offering may be much closer to the true value than you realize.</p><p><br /></p><p>Then of course one needs to consider the time and effort it takes to sell coins via the on-line auctions. It&#039;s not as easy as you think. To get anywhere near true values quality pictures are a must - even for slabbed coins. And if you don&#039;t already have a good digital camera or scanner - you have to purchase one. Then you have to take the pics - this takes time as well. And as anyone who has ever tried to capture true, lifelike images of coins can tell you - that&#039;s not easy either. It takes a good bit of time. And your time is worth something. One way or another you are either losing work time when you could be making money or you are losing leisure &amp; family time which is often far more valuable.</p><p><br /></p><p>Then of course there are the fees. All the on-line auctions charge the sellers fees to be able to sell your coins. And they add up rather quickly. If one is selling several hundred of a thousand items that 2 or 3 percent for the fees can turn into a sizable chunck of change.</p><p><br /></p><p>Taking all this into consideration it is not so hard to see why some collectors would choose to sell all or part of their collection to a dealer. For that $5, $10 or $15 per item may not seem so important when you do.[/QUOTE]</p><p><br /></p>

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