Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
question for you coin collectors.
>
Reply to Thread
Message:
<p>[QUOTE="Vess1, post: 1394656, member: 13650"]I don't blame you. They'll take a 12% cut. Selling coins involves some difficult decisions. Ideally, you want to sell to collectors. But it's difficult to reach them without using an online auction service with high fees involved. Dealers try to buy EVERYTHING at melt value these days, unless it's something very special. Although, they tend to sell some nice pieces right around melt too so it works well for buyers. </p><p><br /></p><p> If I was going to sell part of my collection I might try to find somebody to share a table with at a coin show and set up shop. I might wait for a larger show to come to the area if I were you. Go around to all the tables and see what you can get. No better way to do it if you're going to sell to a dealer. Other than setting up your own table. Be prepared for them to talk the collection down though. And you will probably hear " I have 200 of these back at the shop" several times. (I have over heard deals going on at shows where people were trying to sell commemoratives and that's how the conversation goes.)</p><p><br /></p><p> Numismatic premiums on stuff like this were higher (relative to metal value) before the precious metals market took off a few years ago. It has made everything with silver and gold in it fairly pricey nowadays. </p><p><br /></p><p> There were a few exceptions with commemoratives because of lower mintages and high demand. The 2001 Buffalo silver dollar commem has maintained a 130 to $150 price tag. The 1999 George Washington $5 in MS is also up there. The real 'hits' only come out once in a while and they can be hard to predict.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 1394656, member: 13650"]I don't blame you. They'll take a 12% cut. Selling coins involves some difficult decisions. Ideally, you want to sell to collectors. But it's difficult to reach them without using an online auction service with high fees involved. Dealers try to buy EVERYTHING at melt value these days, unless it's something very special. Although, they tend to sell some nice pieces right around melt too so it works well for buyers. If I was going to sell part of my collection I might try to find somebody to share a table with at a coin show and set up shop. I might wait for a larger show to come to the area if I were you. Go around to all the tables and see what you can get. No better way to do it if you're going to sell to a dealer. Other than setting up your own table. Be prepared for them to talk the collection down though. And you will probably hear " I have 200 of these back at the shop" several times. (I have over heard deals going on at shows where people were trying to sell commemoratives and that's how the conversation goes.) Numismatic premiums on stuff like this were higher (relative to metal value) before the precious metals market took off a few years ago. It has made everything with silver and gold in it fairly pricey nowadays. There were a few exceptions with commemoratives because of lower mintages and high demand. The 2001 Buffalo silver dollar commem has maintained a 130 to $150 price tag. The 1999 George Washington $5 in MS is also up there. The real 'hits' only come out once in a while and they can be hard to predict.[/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
>
question for you coin collectors.
>
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...