Do to some unfortunate circumstances and redirection of my collecting taste, I'm drastically thinning out, I've bought through DLRC but have never sold through them. Anyone that has consigned through DLRC your experience would be appreciated as it will likely be them or Great Collections that get the majority of the coins. Nothing rare just solid collector coins.
No I haven't but I highly suggest going through Ian at Great Collections. His consignment fee is almost a joke at only 5% for coins hammering at sub $1k and better yet, 0% for coins that hammer over $1k. And he has the clientele to move stuff at decent prices. Www.greatcollections.com
The first batch was but he had only been going less than six months and it was a buyers paradise if you were looking for anything other than mogans and busties
KoinJester, I'd be happy to speak with you about consigning with DLRC. Depending on what parts of your collection you're looking to sell, we can compare all 3 options that we offer for selling your coins. Whichever option you choose, we'll do our best to market the coins and I think that you'd be happy with the final results. Thanks! John Brush john.brush@davidlawrence.com
I know John was just looking for people that used you, some of them are coins I bought from you over the years. I may be at Central States next week to drop them off in person
I certainly understand KoinJester. If you check at the PCGS message board, I'm sure you'll get a few more responses. Hope to get the chance to speak with you!
I don't want to thread-jack, especially on my first post, but what kind of experience have people had selling on Great Collections? I have considered selling off some parts of my collection. As far as Great Collections is concerned, I just won my first auction on the site this evening - this was the bounty - http://www.greatcollections.com/Coin/345706/1873-CC-Seated-Liberty-Dime-Arrows-PCGS-VF-35 As a buyer, I am ecstatic about getting the coin for the price I won the auction at. Was this a fluke? Or is it still a buyers paradise?
As far as customer service and working with the seller there is no one better imo. They will work with sellers and are very adaptable to starting prices. As far as strength of prices there isn't an easy answer. Somethings are just so common it is a race to the lowest prices in auction settings, the market in general ect. The thing to remember though is that they have much lower seller fees and you don't have to ship everything out ect. The price may be lower but with lower fees the return to seller is generally the same or greater. Things that sell over 1k don't even have a sellers fee as an example. Needless to say I am a big fan of the environment they are building.
Thanks for the input Baseball. And even though this is my first purchase from GC, I have long admired that they are building a business centered around a model of not screwing people over. The only reason I haven't purchased from them in the past is because something usually ends up taking me away from a computer on Sunday evenings. I am not really in a rush to get rid of portions of my collection, but it is worth seeing how things work out first.
Obviously you know what you have I would just say to look around and do the math on average prices after taking out selling fees. If they're items of value I would remove ebay from the equation, I personally put a value on not having to worry about charge backs and frauds ect where I would take a little less from GC or DLRC to not have to deal with that aspect. I have no complaints about GC though so anyone considering using them and I have sold a few things through them
I guess I am just a bit shocked - 7k for an 1873-cc in 35 is a lot less than what I am used to seeing coins like that sell for. For the sake of comparison, here is one in 25 at Heritage that still has a couple of days to go, and it's only $1200 less than what I paid - http://coins.ha.com/itm/seated-dime...39.s?ic2=mytracked-lotspage-lotlinks-12202013
Heritage seems to operate in a world of their own, that said though the GC seller is paying about a dollar in seller fees and Heritage will take what 15-17.5 percent? Maybe he got it down to 5-10 to if he has a 6 figure sale for them. The lessen may be set a minimum bid and just go for one bid over an auction bid in today's environment, but unless that Heritage goes to the moon that GC seller has a good chance of coming out ahead
That one also had a CAC sticker, the one before without a CAC was 7,637 in Jan 2015 with the BP. So Heritage takes what 30 percent of 7600 the GC seller paying a dollar did better in that case.
Thanks again Baseball. I have done a lot more buying than selling over the years. I need to do more research before I pull the trigger. As far as CAC stickers are concerned, I know they command higher prices. But having looked at the 35 with a CAC sticker, and having also looked at my new coin, I think mine is a little nicer. I don't think getting a sticker will be a problem when the time comes to sell it.
You very well may be 100 percent right I haven't seen any of those in hand. I am sure as you noticed though it needs to be done already for buyers to stretch like that. Just for a comparison though that 12k with the CAC, if the BP is what 19.5 and seller premium of 17.5 that's 37 percent to the auction house. If someone can get those fees lower tip of the hat to them, but 37 percent of 12k is 4.4k. That seller netted 7.6k for that CAC one, yours was 6.4k to the seller no cac. Seems a reasonable difference to me
