Message:

<p>[QUOTE=&quot;princeofwaldo, post: 5517144, member: 24091&quot;]As much as I hate eBay, for many world coins and medals it is the best way to sell provided you have the luxury of waiting 60-90 days for someone to Buy-It-Now at a decent price.&nbsp; </p><p><br /></p><p>Wasn&#039;t always like that, 20 years ago coins sold at no-reserve auction on eBay tended to do better than Buy-It-Now listed coins because price discovery was so much more difficult for world coins which increased the chance of it selling for more than it was worth.&nbsp; </p><p><br /></p><p>The markets have always been much deeper for US coins.&nbsp; Unless it is just plain ugly you can generally estimate within 25% of what your coin will sell for.&nbsp; World coins tend to be all over the place for price if it&#039;s anything unusual at all.&nbsp; </p><p><br /></p><p>Selling world coins outright to a dealer provides immediate liquidity, but chances are the price realized will be at least 30% less than if sold at auction either through eBay or an old-school auction house.&nbsp; Even then, has to be desirable material or places like Stack&#039;s or Heritage will turn you away.</p><p><br /></p><p>There are exceptions when using a dealer makes sense, especially for very desirable material.&nbsp; Guys like James Ricks at Atlas Numismatic will pay roughly wholesale or about what he would expect on a good auction deal in Europe, but then only if he thinks he has a guy who will be readily interested in the coin.&nbsp; </p><p><br /></p><p>Common more pedestrian material is almost sure to sell for a steep discount if it is liquidated in an &quot;emergency&quot; sale to raise cash.&nbsp; Most novice collectors would do better to buy interesting modern bullion coins with a chunk of silver in them than chasing common circulated base metal coins (even if somewhat scarce and hard to locate) especially if there is any chance of a liquidity crunch requiring the immediate sale of the collection.[/QUOTE]</p><p><br /></p>

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