eBay Coins: Selling coins on eBay is not difficult. Creating an accurate and quality eBay listing for your coins is essential in order to build a good reputation and realize top-dollar for your coins. If done well, you will get more money for your coins on eBay than if you sell them at the local coin store or coin show. www ebay com coins
Remember, listing coins on eBay is not free. There are listing fees, shipping fees, and final value fees that are based upon the final selling price of the item. Additionally, there are payment fees if you use PayPal. Therefore, you should select carefully what coins you are going to sell on eBay.
If you inherited a coin collection or are new to coin collecting, you will want to spend some time learning about coins before you start to sell them. This will help you avoid some of the pitfalls that novice coin collectors make when selling the coins. Additionally, you will want to take the time to organize your coin collection before you start listing it for sale on eBay.
In Hindi:
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eBay पर सिक्के बेचना मुश्किल नहीं है। एक अच्छी प्रतिष्ठा बनाने और अपने सिक्कों के लिए शीर्ष-डॉलर का एहसास करने के लिए अपने सिक्कों के लिए एक सटीक और गुणवत्ता वाली ईबे सूची बनाना आवश्यक है। यदि अच्छा किया जाता है, तो आपको ईबे पर अपने सिक्कों के लिए स्थानीय सिक्का स्टोर या सिक्का शो में बेचने की तुलना में अधिक पैसा मिलेगा।
याद रखें, eBay पर सिक्के सूचीबद्ध करना मुफ़्त नहीं है। लिस्टिंग शुल्क, शिपिंग शुल्क और अंतिम मूल्य शुल्क हैं जो आइटम के अंतिम बिक्री मूल्य पर आधारित होते हैं। इसके अतिरिक्त, यदि आप PayPal का उपयोग करते हैं तो भुगतान शुल्क हैं। इसलिए, आपको ध्यान से चुनना चाहिए कि आप eBay पर कौन से सिक्के बेचने जा रहे हैं।
यदि आपको एक सिक्का संग्रह विरासत में मिला है या सिक्का एकत्र करने के लिए नए हैं, तो आप उन्हें बेचना शुरू करने से पहले सिक्कों के बारे में सीखने में कुछ समय बिताना चाहेंगे। यह आपको सिक्कों को बेचते समय नौसिखिए सिक्का संग्राहकों द्वारा किए जाने वाले कुछ नुकसानों से बचने में मदद करेगा। इसके अतिरिक्त, आप अपने सिक्का संग्रह को eBayपर बिक्री के लिए सूचीबद्ध करना शुरू करने से पहले उसे व्यवस्थित करने के लिए समय निकालना चाहेंगे।
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Set up Your eBay and PayPal Accounts
Selling an item on eBay is as easy as 1-2-3.
- Set up an eBay Seller account
- Set up a PayPal account to receive payments
- Create your eBay listings
Experts at eBay and PayPal have created these easy-to-follow step-by-step articles that will guide you through the process of how to become a first-rate eBay seller and verified PayPal member. After you get your account set up you will be ready to start selling coins on eBay so you get the most money for your coins.
If you never sold on eBay before, start by selling low-value coins first before you start selling your high-value coins. After you have built a reputation as a trustworthy seller you may then start to sell your higher-value coins. Additionally, if you make a mistake your error will not cost you a high dollar value coin. Sell about 10 to 20 low-value coins before you start selling intermediate and high-value coins. selling coins on ebay
Know What Coins You Are Selling
- First and foremost, you need to identify the coin you are going to sell and get an approximate value of the coin’s wholesale price. The Blue Book and Coin Dealer Newsletter (aka, The Gray Sheet) give average prices that dealers are paying for U.S. coins. Wholesale prices are usually 50% – 70% of what is listed in the retail price guides such as the Red Book, and Coin Digest.
- Secondly, to determine the correct value of your coin, you must accurately grade it. You can use an online grading guide or buy a printed grading guidebook to grade your coins accurately. For beginner and intermediate coin collectors, I would recommend Making the Grade by Beth Deisher.
- Do not over-grade your coins. If potential buyers believe that the coin is over-graded, they will shy away from bidding which will result in a lower final price or maybe the coin not even selling. Additionally, you will not build the trust of prospective buyers on eBay. This is most important if you plan on selling higher-value coins. If a buyer does not trust you, they will not be willing to take a risk of buying a valuable coin from you in the future.
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Detailed and Honest Descriptions
Look at your coin carefully and describe its condition in the description portion of your listing. If there are noticeable scratches, dents, surface damage or any other distracting characteristics, describe them accurately and honestly. Accurate descriptions will serve you; in the long run, because buyers will know exactly what to expect when they receive their coin, and then they will leave you positive feedback.
If a buyer suspects that you have misrepresented a coin with an obvious defect; this will hurt your rating and lead to overall lower sales prices. Honesty is the best policy and a satisfied customer is more valuable; than a few extra dollars because the coin was misrepresented.
Use descriptions like the following examples:
- Small scratch on Lincoln’s cheek
- Dark toning over the entire reverse
- Brilliant surfaces and excellent eye appeal
- Corrosion damage on about a third of the obverse
- A small hole at about six o’clock position
Quality Photos of Your Coins
Nothing else leads to getting top-dollar for your coins more than high-quality and accurate photographs. Invest in a decent digital camera and learn how to photograph coins well. Poor quality photographs that are out of focus and scans that do not capture the true features of the coin will result in less than maximum bids on your coins.
If you are serious about selling coins on eBay, then investing in a quality camera and taking the time to learn how to use it, will pay for itself many times over. If you don’t have a digital camera, or the one you have cannot do close-up photography, your second best option is to use a colour scanner.
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eBay Auction vs. Buy It Now
There are two ways to list items on eBay: auction-style and “Buy It Now.”
- “Auction” style listings allow sellers to set a beginning minimum bid and then allow potential buyers to bid on your items for up to 10 days. When the end of the auction is reached, you are obligated to sell the coin to the winning bidder. Be careful not to set the opening bid (or place a reserve) that is out of touch with what the market will bear. This will just cause people to pass over your coin and look somewhere else.
- “Buy It Now” listings allow you to list your coins indefinitely with a set price that a buyer will immediately pay if they want to purchase your coin. In my experience, auction-style listings have achieved better results than “Buy It Now” listings.
- “Auction and Buy It Now” You can also combine an Auction listing with a Buy It Now price. A buyer can choose to buy your item immediately by clicking on Buy It Now. If any bid is placed on the auction, then the Buy It Now option is removed and the item will sell as an auction-style listing. Therefore, do not set your Buy It Now price too high in the hopes of making a quick buck. Set an honest Buy It Now Price that may lead to an immediate sale without sacrificing your profit on selling your coin.
Shipping Cost
In order to maximize the number of bids on your coins, offer “Free Shipping” on low-value coins (less than $10-$20). For intermediate-priced coins ($20-$200), a reasonable shipping fee includes delivery confirmation and insurance. For coins priced over $200, you should ship them via insured registered mail with a shipping charge that accurately reflects the additional costs. If you make the shipping charge too expensive, buyers will pass over your coin and look for another item with a cheaper or free shipping charge.
Special Considerations for Shipping Coins
Although coins are made out of metal, surface damage can occur during shipping. To adequately protect the coins during shipping; place the coin in a non-PVC coin flip or securely mounted in a 2 x 2 cardboard holder. Since the environment can be extreme during shipping, use a plastic Ziploc bag to protect the coins against moisture. Place them in a padded envelope for an additional layer of protection. Never ship coins in a standard business envelope.
Coin flips and cardboard holders can be purchased online or at your local coin dealer. Make sure you tape the ends of the envelope to ensure that no one tampers with your package during shipping. If you use a box, make sure you tape all the edges of the box; to ensure that it cannot be slit open and that the coins are removed during shipping.
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FAQs on eBay Coins
How do I sell my old currency on eBay?
- Open the homepage of websites where you want to sell your old note. You can visit Ebay, Click India etc.
- For selling the note online in an auction, you have to click the photo; of the currency, a note having 12345 or 123456 digits on it.
- Register yourself as a seller on the bidding website
How do I find out what my coins are worth?
Receiving a certified appraisal from a coin dealer is another way to evaluate your coins. There are many dealers qualified to give you an estimate of the value of your coin; in the highly specialized world of numismatics. Find a local coin dealer and get their professional opinion! www.ebay.com coins 786