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<p>[QUOTE="prolawn_care, post: 1072427, member: 28155"]Coin auction houses have always yeilded the highest return for me... And i only list with auction houses that do online and in person or just online bidding. Reason for that is:</p><p>1. I can watch the auction and see what my coins are bringing in.</p><p>2. With an online auction the sky is the limit to the amount of people watching and or bidding.</p><p>3. Most auction houses charge 10% or so (i've cosigned at 5% before) and then the buyer has to pay a slight buyers premium. But most auction especially here lately have brought higher than normal prices. One example a 1964 half dollar is auctioned, and it's melt is worth about $10 or so and it sells for $12... Not sure why but it's been very common in the past month or two.</p><p>4. They have the ability to sell houndreads to thousands of coins in one night. </p><p>5. If they need to they can split up a large collection into multiple days...</p><p> </p><p>Just my opinion but all dealers are there to make a profit alnog with these "traveling" companies (especially these guys with the large overhead), where as an auctioneer makes his money, but at the same time they are selling direct to the collector, and not using a middleman such as a coin dealer. And they have less overhead, because they might only store your coins for a few days or weeks before selling them rather than sitting on them for a few months or years before they sell.</p><p> </p><p>Just my 2 cents worth...[/QUOTE]</p><p><br /></p>
[QUOTE="prolawn_care, post: 1072427, member: 28155"]Coin auction houses have always yeilded the highest return for me... And i only list with auction houses that do online and in person or just online bidding. Reason for that is: 1. I can watch the auction and see what my coins are bringing in. 2. With an online auction the sky is the limit to the amount of people watching and or bidding. 3. Most auction houses charge 10% or so (i've cosigned at 5% before) and then the buyer has to pay a slight buyers premium. But most auction especially here lately have brought higher than normal prices. One example a 1964 half dollar is auctioned, and it's melt is worth about $10 or so and it sells for $12... Not sure why but it's been very common in the past month or two. 4. They have the ability to sell houndreads to thousands of coins in one night. 5. If they need to they can split up a large collection into multiple days... Just my opinion but all dealers are there to make a profit alnog with these "traveling" companies (especially these guys with the large overhead), where as an auctioneer makes his money, but at the same time they are selling direct to the collector, and not using a middleman such as a coin dealer. And they have less overhead, because they might only store your coins for a few days or weeks before selling them rather than sitting on them for a few months or years before they sell. Just my 2 cents worth...[/QUOTE]
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