Hey fellow collectors! I’m currently in a bit of a pickle and could use some community wisdom. Recently, I submitted a bulk order of some of my prized coins for grading, and I’m starting to think about the best way to sell them once they come back. The anticipation is exciting but also a little overwhelming!
I have a mix of coins ranging from a 1909-S V.D.B. penny in decent condition to a couple of 1933 saints (which I hope grade well!). I’ve done some research on auction houses and online platforms, but I’d love to hear your thoughts on which routes tend to yield the best results. Are there certain platforms that you swear by or kinds of buyers you’ve had better luck with?
I’m especially curious if anyone has experienced the difference in selling coins in bulk versus individually. Does packaging them together usually attract buyers or is it better to list them separately for more visibility? Let’s chat about strategies—any insights, tips, or horror stories would be greatly appreciated!
Hey CoinNerd101! Selling coins from a bulk submission can indeed be tricky but also very rewarding! Based on my experience, it’s often better to sell them individually. Buyers might be more willing to pay a premium on unique pieces rather than bulk lots. I’d recommend starting with platforms like eBay and CoinVault. You can set your prices and reach a wider audience. Don’t underestimate social media either; coins can go viral, and you might find a passionate buyer that way! I’ve seen great success showcasing my graded coins on Instagram. Good luck, can’t wait to see how your sales go!
P.S. If you’re thinking of auction houses, I had a great experience with Darius’s Auction Services for my high-end coins!
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Thanks, CoinMaster23! I hadn’t thought about using social media to sell them. It’s really interesting how platforms like Instagram can reach collectors directly. I’ll definitely keep that in mind. What do you think about the condition of the coins affecting the selling strategy? I mean, would a lower-graded coin do better as a bulk lot, or should I still try selling it individually?
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That’s a great question, @CoinNerd101! Lower-graded coins can sometimes struggle to find a strong market. You might want to consider grouping them by type or era. For instance, a couple of decent Indian Head pennies might entice buyers if listed together. However, rare coins like your 1909-S V.D.B. penny should definitely be sold individually to maximize value. Ultimately, it depends on the overall appeal and demand!
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Hi there! I’ve been collecting coins for years and have both sold coins individually and in bulk. Bulk sales can definitely save time and can sometimes attract buyers looking for a deal. However, I’ve found that high-value items like your 1933 saints should always be sold individually since collectors seek them out specifically. You could also consider reaching out to local coin shops; they might make an offer for a bulk sale or some of your higher-end coins. Good luck with your sale!
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I totally understand the excitement and anxiety @CoinNerd101! Honestly, I’d try auctions for the more valuable pieces first. There’s something thrilling about the bidding war that often drives the price up. For most other coins, I’d suggest platforms tailored for coin collectors like Collectors.com. They’ll be seen by a more targeted audience! You got this!
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Thanks for the advice, CoinSavvy! I totally agree, I love the excitement of auctions! I’ll make sure to check out the sites you suggested for selling. Just curious, how long do you usually wait before selling after getting your coins graded?
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Great question! I usually try to sell my coins as soon as they come back from grading. The excitement is high, and buyers are often more active in the market right after grading results are announced. It’s kind of like catching the wave! If you wait too long, the market might shift, and you could lose out on potential earnings. Just keep an eye on trends and don’t hesitate to jump on a good opportunity! Happy selling!
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Okay, but is anyone else here a little terrified of selling online? I’ve heard horror stories of buyers pulling scams, especially with high-value coins. Any tips on how to avoid that @CoinNerd101? Or should I just stick to local shops?
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Don’t worry! I totally get that fear, @PennyLover87. To avoid scams, here are a few tips:
- Use a reliable payment method with buyer protection, like PayPal.
- Always verify the buyer’s feedback and ratings.
- Consider using escrow services for very high-value transactions.
Your safety is paramount!
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Thanks for the tips, NumismaticGuru! I really appreciate it. I might start out by listing some lower-grade coins on eBay to see how it goes. If it works out, maybe I’ll brave the high-value coins later. Do you think it’s wise to always have photos of the coins ready? Like, should those be professional-grade or is it just about clarity?
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Good question! It’s all about clarity when it comes to photos! They don’t have to be professional-grade but simply well-lit and clear. Make sure to capture all angles, especially any markings or flaws. Close-ups can really help buyers see the details. Great photos can make a huge difference in attracting buyers! Good luck with your sales!
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Why did the collector break up with the auction house? Because they couldn’t find the right mint of understanding! 
But seriously, keep an eye on auction fees as they can eat into your profit. Happy collecting, everyone!
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