How To Make The Most Money Selling Your Coins How to sell your coins ruclips.net/video/w9b4-Tw7tDw/видео.html Buy Coins From Us: portsmouthcoinshop.com/ CoinHelpu Community coinauctionshelp.com/welcome-to-coinhelpu-community/ Coin Value App: coinauctionshelp.com/coincollectingapps/ Mint Error App: errorcoins.coinauctionshelp.com/wordpress/ Join this channel to get access to perks: ruclips.net/channel/UCIYtW3byS0u7rBmXg71pXQwjoin
When I used to do EBay I would try to have my auctions end around 8pm California which is 11pm Eastern time so I would have the highest number of people watching hopefully. Also I had 3 pieces of white plastic board taped together that I would use to photograph coins so it would be lit well from all sides. It made a huge difference taking photographs.
Always read the fine print. I've found a few that will use a stock image & state somewhere that "you'll receive a coin of the same date, mm, denomination and comprerable condition, not the coin pictured"
Thank you for bringing up this topic. I have always been confused with coin prices. I see that I have lots of what I see, but some of the prices are so skyrocketed, and I don't dare to put my coin for that price because I feel like it could be a bit of a rip off ⁉️ Then, I see the same coin for almost free. Then, I just don't post my coin at all. Thank you so much. I really appreciate your very valuable information.🙏❣️
Like you say a lot goes into the desirability of a slabbed coin. The slab, the lustre, the toning, milk spots, black spots, etc, etc, not to also forget the pedigree. These daft price guides on pcgs and ngc just take the highest price sold at auction and a lot of sellers then think that is the grade price.
I agree that an excellent image of the coins will help maximize the final selling price. This is why I buy the coin, not the holder. Sometimes I will buy a raw coin because I suspect the actual coin will look better than the description. Am I happy with the coin I receive? Most of the time I feel the coin I receive is undergraded and worth more than what I paid. For example, I recently won a 1927-S SLQ. Most of the time this date is for sale in AG-G and I wanted a better mid-grade coin. In this case the seller graded the coin as VG. The scan of the coin showed more detail than a coin in VG. When I got the coin it's at least in Fine. But then again, SLQs are difficult to grade, especially Type 1s.
I enjoy your videos; you call it the way it is; good photos make a big difference! Recently purchased a beautifully toned indian head cent from the bay; receceived the coin and it had been digitally enhanced; there was No colors on the coin as advertised on the bay; this has happened on fb as well; folks are digitally enhancing their coins to get more $$$; I just send them back when that occurs.
Great advice for prospective sellers. I know for myself if the pictures are blurry, even a tad blurry..I won't bid on the item. I feel like the seller is trying to hide something..taking good pictures does take time but it's not rocket science, in focus pictures can be done.
Thank you Daniel. So many important things you have pointed out. For the eBay Bins, I can definitely see where bins would go for an overall higher price...Reasonable prices, some don't want to bother trying to watch and update bids, some just want it and forget. Being an honest person, growing your base and selling at great prices will get your coins sold. Just like you do. Have a great blessed weekend. Be safe. I know it was allot of behind the scenes work..any more thought for a WhatNot ?
I appreciate You I beleive Vou are Genuine! I have aquired agreat deal of coin from from a relative who was a horder from the early 1900's . i wont't reachout to find an appraisel... cause of deceit and mistrust I have in this world! I will hold onto my collection and let my Adult children work on the apraisel!
Daniel after watching your 1942 P Proof video I remembered I had a 1942 Proof set. I found it!! And yes I have a gorgeous 5c 1942 Proof. I’m going to send it in to PCGS and hopefully get a nice high grade. Thank you for all of your videos. What imaging tool do you use?
"You can cheat people and make more money, but we're talking about the honest way of doing it." Oh man, looks like I'm in the wrong place... nah just kidding. 😂 There's some good tips here. The over sensationalized titles are a good thing to advise against. It really does give a bad impression, makes you look like a con artist with clickbait like that. I also never thought about scheduling. Having it end on Sunday is a smart idea. Wonder why I never thought of that 🤔 Anyways, thanks again for all the content!
Good advice for the honest seller! Why do all that when I can go on Whatnot and sell 1921D morgan dollars and sell the coin by saying it was the lowest mintage 1921 coin. I literally heard a whatnot coin dealer say that, and the coin sold for 80% more than it should have. I am kidding, of course. I have way too much respect for myself than to sell like that on Whatnot.
I went to sell my 21 Morgan in pretty damn good condition at RINKOR RARE COINS in Santa Rosa and I think it’ll be the last time I go there to sell them anything, even with premium for a Morgan and spot being at 30 dollars they only offered me 21 dollars!! What the hell? And yet they sell them for 40 dollars each? I’d be better off selling 1 dollar face of dimes?!? It’s unfortunate that coin shops even offer such low prices to people. As I said, last time I’ll ever go there.
@@CoinHELPu21s are about .77344 of an ounce of silver in 90% but even that comes out to 23 dollars? it was in BU condition at the very very least which I thought would at least make it slightly more desirable. Heck I’d buy up every single 21 Morgan for 25 dollars if someone would sell them for that low? The lowest I’ve seen Morgan’s go for is 30 and those are straight up culls or slicks at times?
@@CoinHELPuhonestly any coin dealer that pays back of spot is ripping people off I got lucky and work for an honest shop we always pay bare minimum spot but usually try to pay spot plus and most shops in the area pay 50-60% of spot at best needless to say when it comes to precious metals we are the busiest location in the area.
@@TheShmeebitdog I don't agree, it's more complicated than that, the market dictates what a dealers pays. Honesty or dishonesty isn't the issue, because dishonest dealers do other things to do their ripoffs.
I think you would have success if you put together a learning course on Masterclass (online). You know your business and you do such a great job teaching. I don’t know how much instructors get paid for that but… you and this subject seem like a good fit for a Masterclass course.
Hello have a question for you today I found a old nickel up here in Canada, I found a 1919 Philadelphia nickel was really surprised. Also I notice two small letters punched into the coin there is a f punch under the last 9 and harder to see a l near the rim have you have any clue what this is I will await your reply.
The Succesfull Always be With You Sir,and Now i Want to Sell It All in my Hand by The Old Parents But Now i'm In Indonesia,East Nusa Tenggara and How To Do It Sir?And Thankyou So Much Before to Do It and GBU
Ive got to several LCS to get bids on some ASE and maples. All of them wanted a 30%-40% haircut with a 30-40% markup. Oh andn their inventory was laughable. Junk silver and some basic morgans. One of them had zero gold and the others had 3 and 5 pieces respectively. I get the fact its a business and they are there to make money. But eventually they will go the way of the dinosaur. Ill stick with Bullion Exchange for buys and pick up 5% cashback to offset the premium or in many cases have it go negative.
This isn’t about dealers or negativity, this is about how to sell your coins for more. If you want dealer privileges then open up a brick and mortar and invest all you got in it, all your free time and money and quit your day job. Then let someone like you come along and tell you how to run it and bash you.
@@CoinHELPu i quite my "day" job 15 years ago. I have no qualms about folks making money, but running an 40% margin going AND going out is just greedy and foolish. Especially when its a low margin, highly liquid product with bigger retailers with far less overhead. its a volume game. thats it. and yeah there's collectable stuff out there and its a fun hobby, but thats about it. A hobby for both the dealer and the collectable. and fwiw, i dont sell unless its converting gold to silver or vice versa, only buy. its our insurance policy. and im not bashing you personally, but many MANY LCS have become basically pawn brokers from what I see.
The top dealers sell on there and the best dealers sell on there too, so this is not good advice. You don’t ever limit your options based on emotions if you any to be successful in business.
Don't sell your coins. I did years and regret doing so.....I will sell plasma before I sell another coin. Get a second job......go work a second shift......and if you do sell.....just don't sell until way down the road where you won't care about this offer vs that one.....the spread will be so huge.
The talk now should be only about the US Mint 2024 flowing hair silver medal and the gold coin. SO much going on with the silver medal! Then the Nice Gang's Eighth Era doing business with NGC and the US Mint to get the 2024 Silver Eagle with the star privy mark. It's unfortunate that only a couple of RUclipsrs have talked about either. The Baltimore show will be going on when the 2024 gold flowing hair coin will go on sale there. Wow! That will be more epic than can be believed! Will the US Mint director be there to sign COAs? Then after the hype for these coins and the medal, talk about the 2026 coinage with CCAC! O'h yeah, isn't DC Comics and Warner Bros will be doing business with the US Mint! Come on guys do I need to start podcasting too?
Im so tired of paying feebay over 13%, for every coin I sell. Then I most likely have to pay for the shipping. My profit margin can go down to almost nothing. I sell some coins on youtube live auction sites and make more money there, than selling on feebay.
Morning Sir!Thankyou For The Information To The Seller of The Old Money Liberty and Alls of It and by The Information We Hope The Number Phone to Call Sir Because It's All In Our Hand and Thankyou So Much before For Replay to Us and Our GOD Always Blessing In The Guide of Our LORD.
How To Make The Most Money Selling Your Coins
How to sell your coins
ruclips.net/video/w9b4-Tw7tDw/видео.html
Buy Coins From Us: portsmouthcoinshop.com/
CoinHelpu Community coinauctionshelp.com/welcome-to-coinhelpu-community/
Coin Value App: coinauctionshelp.com/coincollectingapps/
Mint Error App: errorcoins.coinauctionshelp.com/wordpress/
Join this channel to get access to perks:
ruclips.net/channel/UCIYtW3byS0u7rBmXg71pXQwjoin
When I used to do EBay I would try to have my auctions end around 8pm California which is 11pm Eastern time so I would have the highest number of people watching hopefully. Also I had 3 pieces of white plastic board taped together that I would use to photograph coins so it would be lit well from all sides. It made a huge difference taking photographs.
Great information Daniel 👍
Appreciate you taking the time to explain it in layman terms.
I am grateful for your good character
Always read the fine print. I've found a few that will use a stock image & state somewhere that "you'll receive a coin of the same date, mm, denomination and comprerable condition, not the coin pictured"
Thank you for bringing up this topic. I have always been confused with coin prices. I see that I have lots of what I see, but some of the prices are so skyrocketed, and I don't dare to put my coin for that price because I feel like it could be a bit of a rip off ⁉️ Then, I see the same coin for almost free. Then, I just don't post my coin at all. Thank you so much. I really appreciate your very valuable information.🙏❣️
You the man sir! Great job as usual.
Thank you for all your videos
Thanks for the tips Daniel! They seem pretty basic, but would make a huge difference in the end.
Like you say a lot goes into the desirability of a slabbed coin. The slab, the lustre, the toning, milk spots, black spots, etc, etc, not to also forget the pedigree. These daft price guides on pcgs and ngc just take the highest price sold at auction and a lot of sellers then think that is the grade price.
A great reminder that I need to check out what's up for auction this week on your site.... here I go...
Thank you!
Excellent information Daniel. Thank you.
I agree that an excellent image of the coins will help maximize the final selling price. This is why I buy the coin, not the holder. Sometimes I will buy a raw coin because I suspect the actual coin will look better than the description. Am I happy with the coin I receive? Most of the time I feel the coin I receive is undergraded and worth more than what I paid. For example, I recently won a 1927-S SLQ. Most of the time this date is for sale in AG-G and I wanted a better mid-grade coin. In this case the seller graded the coin as VG. The scan of the coin showed more detail than a coin in VG. When I got the coin it's at least in Fine. But then again, SLQs are difficult to grade, especially Type 1s.
Good show Daniel, vague coin listings I agree they're usually a scam!
💯
I always appreciate the knowledge.
I enjoy your videos; you call it the way it is; good photos make a big difference! Recently purchased a beautifully toned indian head cent from the bay; receceived the coin and it had been digitally enhanced; there was No colors on the coin as advertised on the bay; this has happened on fb as well; folks are digitally enhancing their coins to get more $$$; I just send them back when that occurs.
There is not a lot of honesty on eBay !
Thank you!
Great advice for prospective sellers. I know for myself if the pictures are blurry, even a tad blurry..I won't bid on the item. I feel like the seller is trying to hide something..taking good pictures does take time but it's not rocket science, in focus pictures can be done.
Thank you Daniel. So many important things you have pointed out. For the eBay Bins, I can definitely see where bins would go for an overall higher price...Reasonable prices, some don't want to bother trying to watch and update bids, some just want it and forget. Being an honest person, growing your base and selling at great prices will get your coins sold. Just like you do. Have a great blessed weekend. Be safe. I know it was allot of behind the scenes work..any more thought for a WhatNot ?
They sometimes use stock images.
Always wait. Honestly matters
I appreciate You I beleive Vou are Genuine! I have aquired agreat deal of coin from from a relative who was a horder from the early 1900's . i wont't reachout to find an appraisel... cause of deceit and mistrust I have in this world! I will hold onto my collection and let my Adult children work on the apraisel!
Great advice
Daniel after watching your 1942 P Proof video I remembered I had a 1942 Proof set. I found it!! And yes I have a gorgeous 5c 1942 Proof. I’m going to send it in to PCGS and hopefully get a nice high grade. Thank you for all of your videos. What imaging tool do you use?
Nice
Eye appeal is EVERYTHING when selling coins. Shiny silver increases the dopamine in your brain. It excites us. So taking great pics is a necessity.
So does colorful toning if you can get it across in the pic well
@@Silvercrypto-xk4zy Exactly
I wish we could report more people on eBay. So much garbage. Anyway--it's a good way to learn what not to do. Another great video. Thank you!
"You can cheat people and make more money, but we're talking about the honest way of doing it." Oh man, looks like I'm in the wrong place... nah just kidding. 😂
There's some good tips here. The over sensationalized titles are a good thing to advise against. It really does give a bad impression, makes you look like a con artist with clickbait like that. I also never thought about scheduling. Having it end on Sunday is a smart idea. Wonder why I never thought of that 🤔
Anyways, thanks again for all the content!
I don't like giving EBay 10-15% of my money. I advertise local this way here they get to see what they're really buying and no third party gets a cut!
Good advice for the honest seller! Why do all that when I can go on Whatnot and sell 1921D morgan dollars and sell the coin by saying it was the lowest mintage 1921 coin. I literally heard a whatnot coin dealer say that, and the coin sold for 80% more than it should have. I am kidding, of course. I have way too much respect for myself than to sell like that on Whatnot.
I went to sell my 21 Morgan in pretty damn good condition at RINKOR RARE COINS in Santa Rosa and I think it’ll be the last time I go there to sell them anything, even with premium for a Morgan and spot being at 30 dollars they only offered me 21 dollars!! What the hell? And yet they sell them for 40 dollars each? I’d be better off selling 1 dollar face of dimes?!? It’s unfortunate that coin shops even offer such low prices to people. As I said, last time I’ll ever go there.
A 1921 Morgan isn’t an ounce of silver and it’s not a popular date and I bet it was lower grade or condition than you think.
@@CoinHELPu21s are about .77344 of an ounce of silver in 90% but even that comes out to 23 dollars? it was in BU condition at the very very least which I thought would at least make it slightly more desirable. Heck I’d buy up every single 21 Morgan for 25 dollars if someone would sell them for that low? The lowest I’ve seen Morgan’s go for is 30 and those are straight up culls or slicks at times?
@@CoinHELPuhonestly any coin dealer that pays back of spot is ripping people off I got lucky and work for an honest shop we always pay bare minimum spot but usually try to pay spot plus and most shops in the area pay 50-60% of spot at best needless to say when it comes to precious metals we are the busiest location in the area.
@@TheShmeebitdog I don't agree, it's more complicated than that, the market dictates what a dealers pays. Honesty or dishonesty isn't the issue, because dishonest dealers do other things to do their ripoffs.
Should we sell on ebay or do Herritage auct? Hummmm
Thank You! jP
I have a 1985 1 cent with a raised ring! What could have happened?
My video instructs you where you can get help with your coins and answers.
I think you would have success if you put together a learning course on Masterclass (online). You know your business and you do such a great job teaching. I don’t know how much instructors get paid for that but… you and this subject seem like a good fit for a Masterclass course.
Hello have a question for you today I found a old nickel up here in Canada, I found a 1919 Philadelphia nickel was really surprised. Also I notice two small letters punched into the coin there is a f punch under the last 9 and harder to see a l near the rim have you have any clue what this is I will await your reply.
The Succesfull Always be With You Sir,and Now i Want to Sell It All in my Hand by The Old Parents But Now i'm In Indonesia,East Nusa Tenggara and How To Do It Sir?And Thankyou So Much Before to Do It and GBU
Hi am in England but found a lot of old American coins can you help me please
I learn so much from your videos it's appreciated
Thanks - I currently have a microscope/camera --not sure if the quality is enough
Yup, the Keystone photo look sells better.
I don't intend to sell, question is will those who inherit know how to make the most out of selling it ?
That’s who this video is for, you got to become a dealer to get the most money out of your coins.
I found a nice Penny when I bought a box of Pennie’s from the bank.
I av found a lot of 1 cent coin and 5 shillings and quarter dollars
I'm just a collector. My LCS pays 70% of greysheet. I'm not looking to make a profit. I just want better value when I sell.
Then sell it yourself
@@CoinHELPu I will. I'm in collector mode now. In 15 years, I'll shift to seller mode as a retirement funding source!
Ive got to several LCS to get bids on some ASE and maples. All of them wanted a 30%-40% haircut with a 30-40% markup. Oh andn their inventory was laughable. Junk silver and some basic morgans. One of them had zero gold and the others had 3 and 5 pieces respectively. I get the fact its a business and they are there to make money. But eventually they will go the way of the dinosaur. Ill stick with Bullion Exchange for buys and pick up 5% cashback to offset the premium or in many cases have it go negative.
This isn’t about dealers or negativity, this is about how to sell your coins for more. If you want dealer privileges then open up a brick and mortar and invest all you got in it, all your free time and money and quit your day job. Then let someone like you come along and tell you how to run it and bash you.
@@CoinHELPu i quite my "day" job 15 years ago. I have no qualms about folks making money, but running an 40% margin going AND going out is just greedy and foolish. Especially when its a low margin, highly liquid product with bigger retailers with far less overhead. its a volume game. thats it. and yeah there's collectable stuff out there and its a fun hobby, but thats about it. A hobby for both the dealer and the collectable. and fwiw, i dont sell unless its converting gold to silver or vice versa, only buy. its our insurance policy. and im not bashing you personally, but many MANY LCS have become basically pawn brokers from what I see.
Got a possible 1 of a kind error coin
Silver is freedom!
First advice: SKIP EBAY!!!
The top dealers sell on there and the best dealers sell on there too, so this is not good advice. You don’t ever limit your options based on emotions if you any to be successful in business.
Don't sell your coins.
I did years and regret doing so.....I will sell plasma before I sell another coin.
Get a second job......go work a second shift......and if you do sell.....just don't sell until way down the road where you won't care about this offer vs that one.....the spread will be so huge.
This is about selling them yourself
The talk now should be only about the US Mint 2024 flowing hair silver medal and the gold coin. SO much going on with the silver medal! Then the Nice Gang's Eighth Era doing business with NGC and the US Mint to get the 2024 Silver Eagle with the star privy mark. It's unfortunate that only a couple of RUclipsrs have talked about either. The Baltimore show will be going on when the 2024 gold flowing hair coin will go on sale there. Wow! That will be more epic than can be believed! Will the US Mint director be there to sign COAs? Then after the hype for these coins and the medal, talk about the 2026 coinage with CCAC! O'h yeah, isn't DC Comics and Warner Bros will be doing business with the US Mint! Come on guys do I need to start podcasting too?
Im so tired of paying feebay over 13%, for every coin I sell. Then I most likely have to pay for the shipping. My profit margin can go down to almost nothing. I sell some coins on youtube live auction sites and make more money there, than selling on feebay.
✳️we 😺😾 Opal an Wezie an Me enjoy your show each morning
Is a 1837 no star large date seared half dime worth what it says on google ? Ive got other coins that are rare like this I think
Google is not a price guide. Only use Google to look up a price guide website.
Morning Sir!Thankyou For The Information To The Seller of The Old Money Liberty and Alls of It and by The Information We Hope The Number Phone to Call Sir Because It's All In Our Hand and Thankyou So Much before For Replay to Us and Our GOD Always Blessing In The Guide of Our LORD.