Fsuguy83 Posted May 10, 2012 Report Share Posted May 10, 2012 Just found out my grandmother bought her grandchildren coin sets. I received the 1993 Russian Bear Gold and Silver Proof Set. It has a Gold 100 Roubles proof, Gold 50 Roubles proof, Gold 25 Roubles proof, and Silver proof weighing 31.1 grams. It says 1400 pieces were minted. I am looking to sell this set. How much should I sell this for and where? On ebay? I would appreciate any input. Quote Link to comment Share on other sites More sharing options...
one-kuna Posted May 11, 2012 Report Share Posted May 11, 2012 ebay can be one of the choices Quote Link to comment Share on other sites More sharing options...
Fsuguy83 Posted May 11, 2012 Author Report Share Posted May 11, 2012 I see. I just have no idea where to even start the bid and for how long should the period should be. Think something like this should on there for a couple weeks and start the bid at several thousand. Is it even worth that? Quote Link to comment Share on other sites More sharing options...
gxseries Posted May 11, 2012 Report Share Posted May 11, 2012 It's a rather scarce set by it's own right - last time I saw one going for sale with complete documentation was more than 7000 dollars. You definitely want to sell it as a lot instead of breaking it down or rethink if you really want the money because these don't float around in the market. Quote Link to comment Share on other sites More sharing options...
Fsuguy83 Posted May 11, 2012 Author Report Share Posted May 11, 2012 Oh, wow. What does complete documentation mean? The only piece of paper in the box is the certificate of authenticity with some handwritten dollar amount on the back. I assume how much they paid for it at the time of purchase $1400. And another note indicating the grandchild the box belongs to, which of course will not be included. Unless the buyer wants it. I have no sentimental attachment to it as I didn't even know she had it. I have some paintings of hers that are worth more personally, than this coin set and they are worth five dollars on the market. I'll post some pictures tonight if anyone is interested in seeing it. Quote Link to comment Share on other sites More sharing options...
alexbq2 Posted May 11, 2012 Report Share Posted May 11, 2012 Take very good pictures of the set and of each coin (perhaps using a scanner would be easier). Cut the pictures of coins out, so there is no huge empty spaces around them. List on eBay under both Coins & Paper Money > Coins: World > Europe > Russia > Federation (1992-Now) and Coins & Paper Money > Coins: World > Gold You can probably start the auction at $100 and see where it takes you. If you don't have a PayPal account, it's a good idea to start one now. Quote Link to comment Share on other sites More sharing options...
Fsuguy83 Posted May 11, 2012 Author Report Share Posted May 11, 2012 This is my set someone sold a year ago for $2600. http://www.ebay.com/itm/ws/eBayISAPI.dll?ViewItem&item=390313808122+#ht_5042wt_1189 Quote Link to comment Share on other sites More sharing options...
one-kuna Posted May 11, 2012 Report Share Posted May 11, 2012 put a reserve price, otherwise can sell cheaper than you wanted Quote Link to comment Share on other sites More sharing options...
Fsuguy83 Posted May 12, 2012 Author Report Share Posted May 12, 2012 What does reserve price mean? Starting price? Or a minimum price that has to be met before it actually sells? Quote Link to comment Share on other sites More sharing options...
alexbq2 Posted May 12, 2012 Report Share Posted May 12, 2012 The Reserve Price gives you a choice not to perform the transaction if the winning bid is lower than the reserve price. Bidders know that there is a reserve price but do not know what it is. This can actually somewhat reduce interest in your item, as people might assume that the reserve is quite high and there is no point in trying to win. Quote Link to comment Share on other sites More sharing options...
Fsuguy83 Posted May 12, 2012 Author Report Share Posted May 12, 2012 I see. Quote Link to comment Share on other sites More sharing options...
one-kuna Posted May 12, 2012 Report Share Posted May 12, 2012 alex right from that point, however, you may not reach your desirable price because most buyers want to buy it cheaper than it is, these just a little tips to you, also some do not like to buy from seller with zero or low feedback Quote Link to comment Share on other sites More sharing options...
alexbq2 Posted May 13, 2012 Report Share Posted May 13, 2012 alex right from that point, however, you may not reach your desirable price because most buyers want to buy it cheaper than it is, these just a little tips to you, also some do not like to buy from seller with zero or low feedback Very True! Quote Link to comment Share on other sites More sharing options...
bekiz Posted May 15, 2012 Report Share Posted May 15, 2012 If seller is new to ebay I doubt he will get a decent bids for the coins. May be to offer the coins' set on different forums is an option, but again, from the user with low feedback or few messages I doubt there will be a glut of buyers. One of the options is to ask someone with ebay account to do it for you, but you will have to pay some %, because the ebay account holder might pay the taxes. Quote Link to comment Share on other sites More sharing options...
Fsuguy83 Posted May 25, 2012 Author Report Share Posted May 25, 2012 I'm still undecided. Worried selling on ebay I will not get their true value, but if I go through someone else I will not get their true value. I never have sold anything on ebay so my feedback will be zero. Maybe the only option is to hold onto them. Quote Link to comment Share on other sites More sharing options...
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