Comments on Profile Post by crenca

  1. crenca
    crenca
    My father-in-law has a sizable collection, curiously of what he calls "celtic" coins (?) and Thai coin/paper,, and I assume also "normal" stuff. Now that his dementia is advancing, it has fallen on me to help him sell if off...
    Dec 4, 2021
  2. YMO
    YMO
    No coin groups in NM/El Paso area?
    Dec 4, 2021
    crenca likes this.
  3. crenca
    crenca
    You might be on to something (going local), I just assumed the way to do this was online on whatever the Ebay site is for coins. That, and I don't really want to put that much effort into it, like going personal/local ;)
    Dec 4, 2021
    YMO likes this.
  4. Tchoupitoulas
    Tchoupitoulas
    My wife's a fine art appraiser but doesn't have any expertise in coins. She used to work at an auction house and knows a nice guy who could give you some advice. I'll PM you with the details.
    Dec 4, 2021
    Lyander and Cryptowolf like this.
  5. Tchoupitoulas
    Tchoupitoulas
    Her general advice is that selling privately online can involve risks, especially with potentially valuable coins. Buyers might falsely claim the coins are fake, for instance, and you might not be able to charge as much, if the coins are valuable, because online shoppers may not be serious collectors.
    Dec 4, 2021
    crenca likes this.
  6. Tchoupitoulas
    Tchoupitoulas
    Other options are to consign with a coin shop or to sell via auction house. The benefits of doing so are that both have relationships with dedicated collectors whom they contact when items come up for sale. These collectors are prepared to pay top dollar. You’ll have to pay a fee – often a % of the sale (as with online sale) – but you might secure a higher sale price this way.
    Dec 4, 2021
    Lyander and crenca like this.
  7. crenca
    crenca
    Thanks Tchoupitoulas, this is the sort of thing I need to know.
    Dec 4, 2021
    Tchoupitoulas likes this.