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All good advice above. I’ve never been a coin collector and know nothing about it but I’ve been selling off an estate horde for a while myself, bit by bit. I can usually get quite a bit above melt for older ungraded circulated silver dollars and such and I think they are worth selling individually. For example common Morgan Dollars in decent shape are selling right now in the $20s and melt is only $12.
It helps to have a little familiarity with grading to help assess value as you go through and check dates and mints for rarities. When selling individually I take good photos of front, back, edges, and angles (to show relief) and point out things that I know are important to collectors such as marks, and sometimes give an “amateur opinion” of the general grade. I also include a photo of the coin on a digital pocket scale. I have a book called Making the Grade by Beth Deisher that is extremely helpful. It has color illustrations and graphics on grading the top 25 most widely collected US coins.
The web site http://www.silverrecyclers.com is convenient to use to get current silver price because it gives you current gross melt value for specific US coins by the each or for multiples.
When the gold and silver market was really hot in the depression a while back I put coins up on 3 day auctions and always did well. Now I prefer to put them up BIN with free shipping and do not accept returns (though of course a buyer can always claim INAD). Many dealers are still using auctions and seem to do well.
For shipping an individual coin I put the coin in a tiny zip lock envelope, sandwich it between two pieces of heavy cardboard taped together with an indentation made in the center to hold the coin, and ship First Class Package in a 6×9 padded envelope.
All this has worked well for me as a coin amateur and I’ve never had any issues.
All good points. I disagree that the times of good, cheap inventory are coming to an end but the big deals can be really good.
For me, though, the thought of creating a huge backlog of clothing inventory would make me very unhappy. I hate selling clothes and I do so only if they fall in my lap. If it were me, I’d be talking to SEAM Store about a bulk deal – maybe even just a referral fee so I don’t even have to touch the stuff.
Also I would look at the sell-through rate on eBay listings. It might be a really long-tail category. Which means you’d need lots of storage space for the inventory that will be sitting.
Great episode. Congratulations on your sizzling 10,000 feedback! OK so it maybe it means nothing, but still it’s pretty cool.
Sorry to hear it has been slow for you. My Jan – Feb – Mar 2019 has been the best ever, but I will admit that every year these months have traditionally been my strongest months. Maybe that’s when eBay turns on my store and turns off yours? Ha ha, just kidding.
Comcast may suck but it’s awesome, given rural alternatives. Congrats! Comcast was all we had in Florida on a military base and I was very happy to have it. Here in DC on a military base again and it’s dismal – either dish or AT&T over phone lines. Lots of cable laid but no tapping into it for personal use. With a teenager who’s gaming, we have to take turns. We have a house in Texas and the only internet is air. Full time residents in that area are always crying on Nextdoor and hassling all the providers about when they’re going to wire/cable the area but no one coming in any time soon. “Too remote; not enough people” is all they say.
Recession! Talk is in the air! The press wants SO BAD for there to be a recession going into 2020 for the election so I expect that’s all we will hear about for the next year and a half. Before you deny it, I always say that just because I’m paranoid doesn’t mean they’re not out to get me.
It’s also my opinion that the press turned what should have been just a minor blip recession in 2008 into a full blown depression by scaring the living crap out of everyone. People just stopped buying things. Restaurants were empty. Convenience stores were empty. All retail was a ghost town. Nobody did anything. Why should a stock market drop hurt the average person? So a bank goes bankrupt, but your deposits are insured! People were irrationally frightened and the government reacted stupidly in response. Many of us here on the forum know and practice living frugally but with our current economy it’s those people rich and poor spending their paycheck every week who keep our economy chugging along. I wish it weren’t.
Flea market bargaining: It may be painful and perhaps a little disgusting to watch but I always attract more flies with sugar. You cannot be too obsequious with a flea market seller. Flattery will get you everywhere. The story may change about why I can’t pay full price but I always love their item, their display, their clothes, their car, their hair, whatever I can think of to butter them up. It works!
I have been top rated for years, have been getting the discounts, have never had a shipping claw-back. Not for USPS nor for FedEx.
You’re welcome. That time I was having a problem with the site I called eBay and although I only have a basic store I got an American CSR who seemed to know what he was talking about and solved my problem. It was a weekday, though; not sure if you’d get a good CSR on a weekend.
That’s weird. It did not do the same for me. The $450 Fuschia one was first. Here’s the link to it:
https://www.ebay.com/itm/Dooney-amp-Bourke-Florentine-Small-Fascia-Pink-Satchel-Shoulder-Bag-/113496015602?hash=item1a6ce3c2f2%3Ag%3AtcAAAOSwmaJcJSyA&nma=true&si=bDt4RTk977KlTi6QCfSJv3tudec%253D&orig_cvip=true&nordt=true&rt=nc&_trksid=p2047675.l2557And there are like 20 more in the $400s, $300s, and $200s showing before hitting the $214. Are you sure you don’t have a price limitation entered over on the left?
Also, one time I was having weird glitches and the eBay CSR suggested I clear my cache / browsing history in the browser and that worked.
I’m not, and I’ve been on last night and this morning and also doing solds searches.
Although at random times for a long time I occasionally come up with 0 results on a search that I know should have some results. Then I rerun the search and the results then do appear.
Joe, that’s the price I get for padded FRE. I ship through eBay, usually charge buyers calculated shipping and have shipping settings to pass on my discount. Since the last rate raise for a padded FRE, USPS retail is $8, my buyers are paying $7.55, and I am being charged $7.33.
For other USPS shipping, I sometimes a get a little bit of a discount off what my buyers pay (up to several dollars when I ship international), and sometimes my buyer pays exactly what I pay. (I have not used the regular FRE that I recall so cannot comment on that.)
Don’t know why it happens and it may be a glitch but I am happy to get a little extra sometimes since I do buy some shipping supplies but do not charge a shipping and handling fee and of course I pay a FVF on shipping.
Thanks for sharing your video Thrift Raider. That Dick Dale CD was probably real, just a bad printing from his low-budget record label. He was a guitar legend – pretty much invented surf music in the ‘60s. The theme from Pulp Fiction is a song of his from 1962. That album was at a low ebb of his career in the early 2000s after the boost he got in ’94 from the movie so I doubt many were sold, but probably not worth someone bootlegging. He just died last week.
Fascinating and unique set of pictures from Iran! That area was known as Persia to the west prior to the 1930s. In the ‘80s and ‘90s Iran was frequently in the news and not in a good way, after the hostage crisis, Desert One disaster, etc. If you met an Iranian back then in the US and asked where they are from, they would just say “Persia” to avoid an uncomfortable situation. There is a trade embargo against Iran and in fact eBay prohibits Iranian goods from being sold on the platform, though their enforcement of that is spotty. Your pictures are not an issue since they’re actually US items and they are photographs, which are all allowed. Care should be taken with key words, though, to avoid being nailed by the take-down ‘bots.
I’ve been watching that now and again. It is entertaining. It does help that the hoarder was a notable Canadian potter and that he’s found a few of her pieces buried among the newspapers and trash.
Yeah, most holsters are certainly a dime a dozen. I’m sure you see your share out there. There are almost a million listings on eBay just in Sporting Goods, not including Military Collectibles. I look mostly for older military (though there are countless reproductions) or cowboy rigs of any age for likely good scores. Also any style, signed. I don’t know the custom maker names off the top of my head but if it is well-made leather and not a name I recognize, it’s worth looking up or just grabbing if cheap enough. I’m not riding anything at the moment unfortunately due to my current location, which is fortunately temporary. I’m counting the days….
Ha ha indeed it is so annoying. The message I get is that the seller is clueless and apparently does not realize not only that it is considered rude but also that all caps is harder to read. (People recognize words more easily and quickly by their contours.) If just the title, I agree with Sharyn on the intentional attempt to make their listing stand out. The same irresistible and brainless impulse that makes them write “WOW!” or “LOOK!” in the title.
But if you see the entire listing is in all caps, they are probably unintentionally doing it, having never heard of the unwritten rule. Yes, Jay, codgers like me tend to do it. Then there are the military vets (also like myself, but even younger ones too) who got in the habit of typing and seeing all caps in official message traffic at work and not having the visceral negative reaction to it that others may have. I will have to confess to initially doing it in my first days on the internet in the ‘80s until I got called on it a few times and changed my tune.
For me there is one positive to the all caps listings: Anything like that that annoys buyers and keeps them away can make the listing good snipe-bait.
