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<p>[QUOTE="Owle, post: 1174345, member: 22004"]If you look at prices realized and their price guide, you will get an idea whether your coins are worth listing there. The major wholesalers regularly put out a list of what they are paying for coins. If you can ship coins to one of these companies at above what you would get going through the auction system, it makes no sense to auction them. If your coins have rainbow toning, etc. you may get a lot more than the wholesale companies will pay.</p><p> </p><p>As for the raw coin submission, if you get a "raw deal" with the grading company, a coin you think is an MS64 comes back AU58, you just have to wait for the three auction rule to play out and pay the reserve and other fees. So the $11 deal is useful if you have the right coins with a high liklihood of a good grade. Ebay fetches higher prices on a lot of coins because they have greater exposure.</p><p> </p><p>What is needed is a low cost system, where buyer and seller pay less than 10% of hammer price, 6% would be nice. But to have a system where quality imaging is done and where the whole infrastructure costs a lot of money to run, means that they have to charge a lot. Downside is that the more they charge the less likely it is that there will be a large volume of submissions by knowledgable collectors.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1174345, member: 22004"]If you look at prices realized and their price guide, you will get an idea whether your coins are worth listing there. The major wholesalers regularly put out a list of what they are paying for coins. If you can ship coins to one of these companies at above what you would get going through the auction system, it makes no sense to auction them. If your coins have rainbow toning, etc. you may get a lot more than the wholesale companies will pay. As for the raw coin submission, if you get a "raw deal" with the grading company, a coin you think is an MS64 comes back AU58, you just have to wait for the three auction rule to play out and pay the reserve and other fees. So the $11 deal is useful if you have the right coins with a high liklihood of a good grade. Ebay fetches higher prices on a lot of coins because they have greater exposure. What is needed is a low cost system, where buyer and seller pay less than 10% of hammer price, 6% would be nice. But to have a system where quality imaging is done and where the whole infrastructure costs a lot of money to run, means that they have to charge a lot. Downside is that the more they charge the less likely it is that there will be a large volume of submissions by knowledgable collectors.[/QUOTE]
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