Send to NGC or What?

Discussion in 'What's it Worth' started by philjam, Sep 21, 2019.

  1. philjam

    philjam New Member

    Bought this from a dealer who helped me assemble a quarter collection back in the 70's for $10.00. A similar coin (1940-D) from the same place, PCGS graded MS66. I am having no luck selling these beauties raw. Sold the 40D at HA and was very pleased. Why is it so difficult to sell a nice specimen raw?
    1941s cropped.jpg 1941s reverse cropped.jpg
     
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  3. Johndoe2000$

    Johndoe2000$ Well-Known Member

    The pics are not good. Many potential buyers would pass unless you can upload better ones outside of the capsule.
     
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  4. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Because @philjam most of the people on FleaBay can't grade and are too cheap to pay anything more than silver spot for any raw coin.

    Chris
     
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  5. ToughCOINS

    ToughCOINS Dealer Member Moderator

    There are exceptions, but I don't think serious buyers visit eBay more often than just once a week to see if anything good has surfaced. Speaking for myself, there's so much swill to wade through these days that it would be a waste of a lot of my time to visit as frequently as I used to. I'd be very surprised if that isn't a common sentiment among most of the long-time collectors.
     
  6. Inspector43

    Inspector43 70 Year Collector

    There was a time when I would browse eBay everyday looking for interesting coins. Not anymore. Too much junk and over-priced slabbed stuff. Just don't go there anymore.
     
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  7. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I knew it wouldn't take long for someone to respond to that post . . .

    My eBay listing volume has dwindled to about 20% of what it once was, in favor of listing elsewhere.
     
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  8. Santinidollar

    Santinidollar Supporter! Supporter

    As far as raw coins go, a lot of the ones on eBay have been cleaned, are misrepresented or are just downright fakes. A lot of your potential buyers have been burned once already.
     
  9. MontCollector

    MontCollector Well-Known Member

    I agree with what has been said about ewwbay. Way over priced BIN especially on graded coins. The starting prices of most of the auctions are outrageous too. For the quality that is.

    I do look for the "Make an offer" ones on certain graded coins. I found that some sellers will shoot for the moon on their BIN prices. However if you make an offer (that you are comfortable with) within a couple days of the ending, sometimes they surprise you and accept.
     
  10. Autoturf

    Autoturf Well-Known Member

    You have to study each coin when buying on ebay, but also depends on the cost of the coin, if you want a good one for nothing that's possible, either a lot of work or trust someone or find it in person, depends on your wants and your dealer, market availabl. as far as selling, I loose that battle too, because I cant waite a year. so it brings what it does, and they get one heck of a deal sometimes I wish I got the same deal they got from me. I try to keep it moving, because I keep learning, and the wow, I love that coin. wish it sold for more. really one of them things you have to learn for yourself, don't expect to make a profit as a collector, unless you can hold it for a while. and don't need the money for your next money loss.
     
    Last edited: Sep 21, 2019
  11. Inspector43

    Inspector43 70 Year Collector

    Remember when you could post a coin for auction and start it at $0.01 (penny) and in 7 days it would crawl close to market? Everybody had fun with those, even the seller. It was more of a swap meet - collector helping collector. Of course, that was a long time ago, before big business and the affect of the US Mint flooding the market entered the picture.
     
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  12. Autoturf

    Autoturf Well-Known Member

    I wish I had every coin I ever bought, Id be rich, ,,,, or Im rich because I did own every coin I bought. passed it on because I had to.
     
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  13. Inspector43

    Inspector43 70 Year Collector

    All I can say to that is 'everything I own is paid for'.
     
  14. Autoturf

    Autoturf Well-Known Member

    I don't own much but me too.
     
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  15. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Because those of us that grew up building our collections with raw coins are fading away. Ethics have deteriorated and the younger savvy coin buyer for the most part is not very trusting of a nice raw coin.... And for good reason too I might add. I do the vast majority of my deals with a local shop. I would be in trouble if he retired or closed shop.
     
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  16. Autoturf

    Autoturf Well-Known Member

    I think that's the key Ethics have taken a downturn to collector selling to a collector with honesty. Ive been tru with my dealings, but well also had bad experiences. don't have a good buddy at a coin shop.
     
  17. Autoturf

    Autoturf Well-Known Member

    Phil its easy to sell, its hard to get market value. have to find the person looking for that coin. the 1941 S is MS-61 at best. @ 20
     
    Last edited: Sep 21, 2019
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