Coins are one of the most potentially profitable items to sell on eBay, mainly if you can target the right buyers for your listings. Several avid collectors are willing to pay a lot for higher value coins or rare ones.
1. Is selling coins on eBay profitable?
Coins are one of the most potentially profitable items to sell on eBay, mainly if you can target the right buyers for your listings. Several avid collectors are willing to pay a lot for higher value coins or rare ones.
2. Why is accurate coin grading important on eBay?
Grading your rare coins means you can verify their condition to help determine value for prospective buyers in the future.
3. What are the benefits of using eBay for coin sales?
If you are trying to move a lot of coins, you can make a lot of profit on eBay as many avid collectors frequent the site in search of new high-value rare coin listings. Here are some key takeaways to consider before you start selling: Make sure you can authenticate your coins for a more efficient transaction.
4. How to protect coins during shipping on eBay?
I have sent hundreds with no problem. Put the coin in a flip, put the flip in the brown coin envelope, print a packing slip and fold it in thirds, staple the coin envelope to the packing slip, put it all in a #10 envelope. A half dollar will be less than one ounce and will not have a problem in the sorting machine.
5. What is the role of mint marks in coin value?
Mint marks were first developed to locate a problem. If a coin was underweight, or overweight, the mint mark would immediately tell where the coin was minted, and the problem could be located and fixed.
6. How to build a good reputation as a coin seller on eBay?
Describe the actual condition of the coin and its unique features that could affect its value. If there are scratches or surface damage, you must add that to the listing description. Accurate descriptions when you sell coins could help you establish a good reputation as a seller.
7. What are the fees associated with selling coins on eBay?
Jewelry and watches – 15% (up to $1000), 6.5%, or 3%. Paper money, coins, and bullion – 12.35% (up to $7.5 thousand) or 7%.
