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Home > Business & Careers > Internet Business   »   Selling rare US coins on eBay

 
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Old Aug 12, 2006, 05:31 PM
Andyrose
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Selling rare US coins on eBay

I've attended trade shows, visited coin dealers, done all of my due diligence, but have been unable to come up with a reliable source for wholesale rare US coins to sell on eBay. I prefer to sell PCGS or NGC certified rare coins, as those bring in the most money. Does anyone know who I can contact that would be willing to wholesale these coins to me.

Also, there are many training courses available on eBay selling, each claiming to make the buyer of the course rich. I've struggled with selling on eBay for years, sometimes putting in 15 hours a day. I've yet to find a course that will teach me the ins and outs of selling in a way that makes it profitable for me. Is eBay no longer a good vehicle to sell goods? It seems that everthing for sale on eBay is being sold for less than I can purchase it for wholesale. I have a tax exempt certificate which allows me to buy at wholesale, yet I still see items for sale on eBay for less than I've paid for them. Any thoughts on this.? Thanks.

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Old Aug 14, 2006, 02:38 AM   #2  
RickJ
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I don't know about wholesalers, but...

I'm no PowerSeller on eBay, but I'm half convinced that those "courses" are baloney.

As eBay is the biggest, there's definately potential for you to make big bucks there...but in my opinion, it's a matter of the right title and description.

As for the time it takes you to put them together, one tip would be to use an html editor to make a layout template for yourself. From there, all you need to do is paste in a new description and photo and put it up.

...just my 1.5 cents worth.
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Old Aug 14, 2006, 05:39 AM   #3  
Andyrose
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Thanks
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Old Sep 13, 2006, 01:05 PM   #4  
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Quote:
Originally Posted by RickJ
I don't know about wholesalers, but...

I'm no PowerSeller on eBay, but I'm half convinced that those "courses" are baloney.

As eBay is the biggest, there's definately potential for you to make big bucks there...but in my opinion, it's a matter of the right title and description.

As for the time it takes you to put them together, one tip would be to use an html editor to make a layout template for yourself. From there, all you need to do is paste in a new description and photo and put it up.

...just my 1.5 cents worth.


I have to agree with RickJ. Have you tried going around the Ebay boards and seeking advice? Ebay provides almost all the information you need onsite. If you really want to "pay" something, check out one of the many books on the subject. You might find them at your local library or I know they are on amazon (I have links to several good books on my site, but you could easily find them through a search at any bookstore).

WFH guide
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Old Sep 13, 2006, 01:33 PM   #5  
Andyrose
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Thank you. Great website!
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Old Sep 13, 2006, 03:35 PM   #6  
Fr_Chuck
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Ok, I have a friend who sells model cars and planes on ebay. They buy them from china ( they buy boxes at a time and import direct)

And buying in bulk is how you get cheaper prices, most "wholesale" is not true wholesale since you are not buying from the real supplyer.

I buy and sell a few items on ebay ( about 1/3 of my purchases have had bad results sadly)

But yes what you have to do is get a price low enough to make money, that is the same for any business.
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Old Sep 13, 2006, 06:18 PM   #7  
Andyrose
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Thank you. Excellent advice.
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