Selling the lot

Discussion in 'Numismatics' started by ashleyd123, Oct 26, 2024.

  1. ashleyd123

    ashleyd123 Member

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    Hello stackers,

    After 30 years of collecting all sorts of coins time has come to sell the lot. My collection is varied, graded/ungraded, proofs, circulated/uncirculated, mint rolls, dec/pre-dec, lots of commemorative $2 stuff, pattern dollars, centenary florins, crowns, PM, RAM stuff etc etc.
    I'm seeking advice on best way to liquidate everything and realize best prices. TBH I also have no interest anymore in putting prices on everything and would like the market (via auction) or an expert decide. I don't want the hassle of ebaying and posting piece by piece (probably best returns?) The idea of sending to Imperials or Roxbury's is appealing, I'm just not sure if they would accept everything and may only want the >$500 items leaving me with thousands of other coins behind. I'm located in Perth so logistics may be a problem. Local dealers are limited and not my preferred option. I guess first step is to photo and catalogue everything (which is going to take some time)
    Has anyone sold bulk coins previously? Any lessons learnt and help would be great.
     
  2. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Start today to get a decent return. Don’t bother categorising.
    Grab a few rolls of kooks and put them up for sale. Then grab some lunars etc.
    Laziness is not a virtue until done properly.
    Before you know it, they’re all gone.
     
  3. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    I’m chasing a roll of 2019 kooks at $1,150 plus $15 express post.
     
  4. Craig321

    Craig321 Member

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    Will send you a pm
     
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  5. dollars2

    dollars2 New Member

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    PM Message sent
     
  6. SteelHand

    SteelHand Well-Known Member Silver Stacker

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    Australian Specialty Auctions is based here in Perth and regularly run coin and note auctions. It may be a way for you to offload a large amount of product all at once.
     
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  7. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    Agree with @sammysilver advice.

    That said...
    What's your own estimated total ballpark value for the lot?
    Maybe give @thepurplepenny in Adelaide a shout? IAG can liquidate those, if you have time and don't care for Rox or Downies...
     
  8. dollars2

    dollars2 New Member

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    Haven’t recently read the Auction Houses terms and conditions.

    Can anyone verify if one of the Auction houses still offers zero sellers commission if the collection is valued over a certain threshold? ( buyers still pay commissions ~20% ish).
     
  9. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    IAG has 0% commission. Of course the seller in reality also pays the buyer's premium (quiet part said aloud).
     
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  10. ashleyd123

    ashleyd123 Member

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    Thanks everyone for the feedback, I've got a few options to look into now.

    I will post a few nice items up on here in coming weeks to give members first dibs on them too.
     
    PM, barneyrubble, dollars2 and 3 others like this.
  11. SteelHand

    SteelHand Well-Known Member Silver Stacker

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    Aus Specialty Auctions has the 0% for sellers as well just like IAG and Downies, the buyer pays the commission
     

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