Where to sell coins, gold or silver if need to?

Discussion in 'Coin Chat' started by Krd046, Apr 17, 2017.

  1. Johndoe2000$

    Johndoe2000$ Well-Known Member

    Wouldn't those places still need info/pics ?? Unless in person ??
     
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  3. imrich

    imrich Supporter! Supporter

    I believe you'll find that if a credible seller with a generous 90 day return policy for product sealed in packaging allowing viewing without opening, will not require images. If a "standard" is defined, with a sample image, the general public is seemingly receptive. Look at eBays new policy of allowing 4 figure coins to be sold without an actual product image.

    I've never had a complaint, or a return, selling lots up to 1000 coins, and have calls for larger quantities than offered. Just as I purchase in a dollar-cost-averaging manner, so are my sales. The lots are generally divided into multiple packages, and I'll allow a new buyer to order a smaller lot if they pay the shipping cost. Often return customers ask that since they know all coins are individually inspected to a stated A.N.A. technical or ad described standard they would rather receive the coins loosely packaged within my customary custom boxes.

    When you are on a site for better than 5 years as generally the lone consistent seller, trust is established.

    Most buyers would rather acquire a product with "no question" return policy, than an image which is often mis-leading. Usually a "positive surprise", and open communications/accessibility before and after a purchase, instills a desire to revisit with a renewed interest.

    A less than market price doesn't hurt customer acceptance, in addition to selling theoretically "common" products that are generally unavailable. Being offered "cull" products, where the "flaw" generally can't be determined, at "melt" pricing, also doesn't deter a purchase.

    JMHO
     
    Last edited: Apr 18, 2017
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  4. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Of course... but the only "right" here that matters is for the OP, and being as we had nothing to go on, it's impossible to suggest (much less know) what would be best for them. What is "best" for one isn't necessarily "best" for another, and is something I'm quite sure you understand, perhaps more than most.
     
  5. Johndoe2000$

    Johndoe2000$ Well-Known Member

    I can see your point, in your situation, but, I would prefer pics, "and" a good return policy. Are we not discussing the ways for a person to sell his personal property, who likely has no established methods ?
     
  6. baseball21

    baseball21 Well-Known Member

    Since when?
     
  7. Odomax

    Odomax Member

    A couple years ago I bought 100 Indian incluse rounds from provident. They came 20 to a generic room, that let them rub all over each other during shipment. When I reached out to them it took them so long to respond after a second reach out they called me a week later to talk about it. It seemed to be too much trouble back then for generic rounds that. I paid 16.00 each for. Last week after I sold my gold libertys for quite a profit. I got another buying itch and needed a little more cash. I noticed Provident now was rebuying the rounds back now at 18.00 each. Which was a dime over spot at the time. Long boring story short.it took one two minute call, one five minute 7.00 trip to the post office and three days later I had 1800 dollars deposited in bank, so easy. Although now I slightly regret shrinking my moderate stack it sure was easy quick money.
     
  8. TheMont

    TheMont Well-Known Member

    I think the key is how valuable the coins are that you are selling. High value coins tend to do best at auction houses, and if you're lucky you'll get two or more people bidding against each other. For moderately priced coins I bring them to the coin club i belong to, members buy, sell, and trade their coins from 6:00pm to 7:00pm when the meeting starts and then again during the 15 minute break during the meeting. I've gotten some really good buys at the coin club meetings and sold some of the doubles I owned.

    i'll buy on eBay, but selling there is a hassle with the eBay and PayPal fees and eBay's obvious bias toward Buyers. I'm also lucky to have 5 coin shops within a short drive and one shop tends to give members of the coin club really good prices for coins and currency, he was a past president of the club.
     
  9. imrich

    imrich Supporter! Supporter

    You are correct, that different individuals have varying criteria for sales and purchases, but after more than 60 years of selling/buying many "Things", I've determined a process that generally works for the average buyer/seller, regardless of whether the product is tangible or just a need/service. It may not work for you, but I and many others know that it generally works, and current buying/selling techniques are changing to suit.

    The general norm today regardless of if "it" is a commodity or a service is a simple illustration/picture, description, various parameters, cost, availability, and warranty.

    You're correct that one can't nor wants to meet the needs of all selling or buying, so a process that meets the needs of the majority will generally suffice. An example is, as I've previously stated for eBay to increase its profits, removing the requirement for an actual product picture, e.g.:
    http://www.ebay.com/itm/US-Gold-20-...143203?hash=item5d67c85ea3:g:vecAAOSwTuJYvfhZ
    The buyer of this product barely hasn't a clue of what will be received for their funds, as grading today can vary multiple technical grades and extremes of condition, grading firm, and date/mint.

    The discontinued requirement of an actual product image may not suit your needs but apparently is acceptable to many or it wouldn't be allowed. I trust that some of the suggests in this thread may also meet your needs, as I believe the resources presented here may be quite valuable, from many experienced and talented individuals. We realize the information advanced may not be of value to you, as we don't know specifically what you want either.

    As for my input it may be worth that paid for same.

    JMHO
     
  10. thomas mozzillo

    thomas mozzillo Well-Known Member

    Maybe the op was asking the question I would like to have an answer to. Are there other online sites where I could list the coins I'd like to sell?
     
  11. baseball21

    baseball21 Well-Known Member

    I butt heads with brooks plenty but this is just silly at this point. Are there places to sell stuff yes, is eBay going to net the highest for most stuff yes. If someone cannot be bothered to say what it is there is no point in writing a diatribe about what could maybe be sold where
     
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