Advice Please!!!!

Advice Please!!!!

Post by Brian Edward » Tue, 19 May 1998 04:00:00



I want to sell some coins at an internet auction. Which is the best ebay
or collectorsauction? Are their any other services?

thanks

 
 
 

Advice Please!!!!

Post by eastsout » Wed, 20 May 1998 04:00:00


Coin Universe is a nice site & has a good auction service.
www.coin-universe.com



Quote:
> I want to sell some coins at an internet auction. Which is the best ebay
> or collectorsauction? Are their any other services?

> thanks


 
 
 

Advice Please!!!!

Post by Jeffrey Saltzm » Wed, 20 May 1998 04:00:00


My personal experience has been that I get more "action" with lower bids on
eBay and higher opening bids with less "auction" on CU.

Quote:
> I want to sell some coins at an internet auction. Which is the best ebay
> or collectorsauction? Are their any other services?

> thanks

--
Jeffrey Saltzman
SALTZMAN NUMISMATICS
P.O. Box 497661
Garland, TX 75049-7661
(972)240-5780
Fax: (972)240-2017

 
 
 

Advice Please!!!!

Post by Ourgy » Wed, 20 May 1998 04:00:00


Quote:

>I want to sell some coins at an internet auction. Which is the best ebay
>or collectorsauction? Are their any other services?

If your collection is US Copper issues. USCents.com would be the place to go.
Low sellers fee's and reliable server.

http://www.USCents.com       All Copper All the Time              

                  - Auction,Photo Library,Discussion,Chat-

 
 
 

Advice Please!!!!

Post by THEBIGE » Wed, 20 May 1998 04:00:00


I think internet auctions are still problematic. I have had some bad expierence
with them. Try a mail bid auction put on by Heritage at 1-800-872-6467 ask for
Leo Frese

 
 
 

Advice Please!!!!

Post by Quadrig » Wed, 20 May 1998 04:00:00


Quote:

> I want to sell some coins at an internet auction. Which is the best ebay
> or collectorsauction? Are their any other services?

> thanks

I've been selling thru collectors auction (Collectors Universe or CU)
for several months now, and I've found that in general, I do fairly
well.  I have not done any business thru ebay yet, but may in the near
future.  Here's a link to CU:
http://www.collectorsauction.com/

Essentially, you can do well with ANY auction if you list your items
right, and provide clear, accurate information to help buyers along.  By
listing items right, I mean your headings should be as clear and brief
as possible - for example, "1906 Indian, PCGS 63RB" is a better heading
than "Indian Head Penny, 1906, PCGS MS63 Red Brown"... mainly because
many auction services only use the first 25 characters of your heading
in their listings.

If you have a scanner, and can upload pictures of your coins to a web
server, then you'll increase your sales dramatically... folks like to
see what they're buying, as I'm sure you understand.  I got my scanner
at a Staples office store for under $100, and it came with all necessary
software, so we're not talking about buying the Hope Diamond or anything
like that... IMHO, having a scanner is the KEY to making your online
auctions as successful as possible.

You also need to be careful of setting your opening bids too high.
Asking full book value as an opening bid makes you look like a dealer
who's just using an auction service as a front for a retail operation.
I've seen too many dealers who have 200 or more items listed, and only
three or four items actually bid upon... what this essentially does is
spam the index with overpriced merchandise which is not truly being
"auctioned", but rather, "retailed under the guise of an auction".

Some of my best auctions have begun with $1 bids, and oftentimes we're
talking about pieces that are worth $20 or more... what happens when you
set an opening bid at $1 (even for an item which is clearly worth $20,
$50, or even more) is that you get maybe ten people bidding on your lot,
and therefore not only do you have several interested parties, but you
also have the fun factor.  NB: I would not advise this method until
you've had a few weeks' worth of experience with the nuances of the
auction service, and I would kind of hesitate to use this method with a
Saint-Gaudens $20 gold piece, but then again, common sense always plays
a role in any business undertakings.

Good luck, and happy auctioning!

Kevin Colosa
Quadriga Ancients

http://homepages.together.net/~trolhaus/quadrigaancients.html

 
 
 

Advice Please!!!!

Post by Brian Edward » Wed, 20 May 1998 04:00:00


Thank you!!!

I now have a better view of coin auctions.

One more question if you have the time...

Do you take a picture of your coins anc scan it of do you take a photo
and scan that? I have never owned a scanner and don't know much about
them.

brian

Quote:


> > I want to sell some coins at an internet auction. Which is the best ebay
> > or collectorsauction? Are their any other services?

> > thanks

> I've been selling thru collectors auction (Collectors Universe or CU)
> for several months now, and I've found that in general, I do fairly
> well.  I have not done any business thru ebay yet, but may in the near
> future.  Here's a link to CU:
> http://www.collectorsauction.com/

> Essentially, you can do well with ANY auction if you list your items
> right, and provide clear, accurate information to help buyers along.  By
> listing items right, I mean your headings should be as clear and brief
> as possible - for example, "1906 Indian, PCGS 63RB" is a better heading
> than "Indian Head Penny, 1906, PCGS MS63 Red Brown"... mainly because
> many auction services only use the first 25 characters of your heading
> in their listings.

> If you have a scanner, and can upload pictures of your coins to a web
> server, then you'll increase your sales dramatically... folks like to
> see what they're buying, as I'm sure you understand.  I got my scanner
> at a Staples office store for under $100, and it came with all necessary
> software, so we're not talking about buying the Hope Diamond or anything
> like that... IMHO, having a scanner is the KEY to making your online
> auctions as successful as possible.

> You also need to be careful of setting your opening bids too high.
> Asking full book value as an opening bid makes you look like a dealer
> who's just using an auction service as a front for a retail operation.
> I've seen too many dealers who have 200 or more items listed, and only
> three or four items actually bid upon... what this essentially does is
> spam the index with overpriced merchandise which is not truly being
> "auctioned", but rather, "retailed under the guise of an auction".

> Some of my best auctions have begun with $1 bids, and oftentimes we're
> talking about pieces that are worth $20 or more... what happens when you
> set an opening bid at $1 (even for an item which is clearly worth $20,
> $50, or even more) is that you get maybe ten people bidding on your lot,
> and therefore not only do you have several interested parties, but you
> also have the fun factor.  NB: I would not advise this method until
> you've had a few weeks' worth of experience with the nuances of the
> auction service, and I would kind of hesitate to use this method with a
> Saint-Gaudens $20 gold piece, but then again, common sense always plays
> a role in any business undertakings.

> Good luck, and happy auctioning!

> Kevin Colosa
> Quadriga Ancients

> http://homepages.together.net/~trolhaus/quadrigaancients.html

 
 
 

Advice Please!!!!

Post by Slabbin' Bo » Wed, 20 May 1998 04:00:00


Quote:

> Do you take a picture of your coins anc scan it of do you take a photo
> and scan that? I have never owned a scanner and don't know much about
> them.

I don't recommend scanning the coins directly. It can be done, but
the results are very dissappointing.

Take a good close-up photo of your coin (using a $20 gizmo that
you***on to the lense of your camera; they're called
close up lenses, and you get 3 to a pack).

Wait a day or so to get your photo developed at your photo store.

Then scan-in the close-up photo.

The results are superior, because you are scanning an enlargment
(better detail).

Happy scan'n!

Slabbin' Bob

 
 
 

Advice Please!!!!

Post by Andrew W Precht » Wed, 20 May 1998 04:00:00


Hi Brian,

Collectorsauction site works about 10% of the time I go there. Ebay
where I close 50 auctions a week on the other hand works around 98% of
the time. Ebay has thousands and thousands of buyers. CA on the other
hand has a few hundred hearty souls that continue to brave the worst
site on the internet. Use eBay and you will secceed.

Quote:

> I want to sell some coins at an internet auction. Which is the best ebay
> or collectorsauction? Are their any other services?

> thanks

 
 
 

Advice Please!!!!

Post by Andrew W Precht » Wed, 20 May 1998 04:00:00


Hi Brian,

Collectorsauction site works about 10% of the time I go there. Ebay
where I close 50 auctions a week on the other hand works around 98% of
the time. Ebay has thousands and thousands of buyers. CA on the other
hand has a few hundred hearty souls that continue to brave the worst
site on the internet. Use eBay and you will win.

Regards, Andrew

Quote:

> I want to sell some coins at an internet auction. Which is the best ebay
> or collectorsauction? Are their any other services?

> thanks