Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Selling Gold Sovereign - how to ...
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 1736174, member: 112"]Hanz - </p><p><br /></p><p>The answer to your question depends greatly on your situation. For example, selling the coins on Heritage could take up to 3-6 months because Heritage doesn't just add your coins to any old auction. They wait and put them in the best auction where those particular coins are likely to bring the best price. And that could take a while before one of those auctions comes along. You also have to have a minimum $5000 consignment before Heritage will work with you.</p><p><br /></p><p>Selling in ebay, while it can be done, has its own set of issues. For example, if you have no previously established ebay presence and a good reputation, meaning you have never sold on ebay before, then many bidders will be reluctant to buy from you because they don't know you or have any trust in you. (there are a lot of crooks on ebay) And so as a new ebay seller it may take a few weeks for you to sell your coins, and they will likely bring low prices because you have no presence there. And you may have to deal with a few non-paying buyers as well, or a few who buy only to return the coins to you for a refund.</p><p><br /></p><p>So your best bet may be to just sell to a dealer, especially if time is an issue and you need or want the money right away.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1736174, member: 112"]Hanz - The answer to your question depends greatly on your situation. For example, selling the coins on Heritage could take up to 3-6 months because Heritage doesn't just add your coins to any old auction. They wait and put them in the best auction where those particular coins are likely to bring the best price. And that could take a while before one of those auctions comes along. You also have to have a minimum $5000 consignment before Heritage will work with you. Selling in ebay, while it can be done, has its own set of issues. For example, if you have no previously established ebay presence and a good reputation, meaning you have never sold on ebay before, then many bidders will be reluctant to buy from you because they don't know you or have any trust in you. (there are a lot of crooks on ebay) And so as a new ebay seller it may take a few weeks for you to sell your coins, and they will likely bring low prices because you have no presence there. And you may have to deal with a few non-paying buyers as well, or a few who buy only to return the coins to you for a refund. So your best bet may be to just sell to a dealer, especially if time is an issue and you need or want the money right away.[/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
>
Selling Gold Sovereign - how to ...
>
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...