Don't Sell Your Own Coins - 10 Reasons You Shouldn't
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- Опубліковано 7 чер 2024
- Don't Sell Your Own Coins - 10 Reasons You Shouldn't
How To Take Coin Images
coinauctionshelp.com/forum/vi...
Taking Coin images video • How To Take Coin Image...
Coin values www.numismedia.com/rarecoinpr...
Sold coin auctions coins.ha.com/c/search-results...
Coin photograde coinauctionshelp.com/indian-c...
Error and variety coin guide coinauctionshelp.com/indian-c...
Mint error app errorcoins.coinauctionshelp.c...
CONECA conecaonline.org/
Cleaned coin video guides ua-cam.com/users/results?searc...
How to be a coin dealer
Part 1 • Make Money Like A Coin...
Part 2 • Insider Coin Dealer Se...
How to sell your coin collection • How To Sell Your Coins...
How to sell your coin collection you inherited • How To Sell Your Coin ...
Sell your coins to a coin dealer at a coin show • Selling Coins To A Coi...
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I love this guy!! I have watched all the videos I can find...he has been so very helpful - and NOW I have even MORE respect for him and his wife and crew...the way he speaks of honesty and KINDNESS!!!!!! He should speak to all peoples all over the world, every career office and every vocation! Just lovely!! And I'm so greatful he shares his knowledge - that there is also kindness shown to you and !!
Thank you, Daniel! Unfortunately not every coin dealer is as honest and forthright and ethical as you are. Sellers and buyers both need to self-educate and be cognizant of their own interests!
Here's video after video on how to sell your coins, on your own.
Don't Sell Your Own Coins - 10 Reasons You Shouldn't
How To Take Coin Images
coinauctionshelp.com/forum/viewtopic.php?t=23514
Taking Coin images video ua-cam.com/video/h-eSaQnHYIg/v-deo.htmlsi=hYvEvTDbm-SAItG5
Coin values www.numismedia.com/rarecoinprices/fmv.shtml
Sold coin auctions coins.ha.com/c/search-results.zx?Ne=13&N=790+231+3183&ic4=Refine-Department-102615
Coin photograde coinauctionshelp.com/indian-cent-coin-grading-photo-grade/
Error and variety coin guide coinauctionshelp.com/indian-cent-coin-grading-photo-grade/
Mint error app errorcoins.coinauctionshelp.com/wordpress/
CONECA conecaonline.org/
Cleaned coin video guides ua-cam.com/users/results?search_query=cleaned+coinhelpu
How to be a coin dealer
Part 1 ua-cam.com/video/A6-X1hofjfo/v-deo.html
Part 2 ua-cam.com/video/poQCTv77ss4/v-deo.html
How to sell your coin collection ua-cam.com/video/I8jHpfsQZf4/v-deo.html
How to sell your coin collection you inherited ua-cam.com/video/deHp7xcW_2U/v-deo.html
This all is applicable to selling ANYTHING. You must know the subject with more than a hobby interest. You want to maximize your product and get the best that the market will bear. If you don't want to learn your product to sell then find someone you trust to help you. Great stuff Daniel.
I'm in agreement with your Daniel. We also need more reputable dealers who don't try to over grade a coin.
The “Dealer” in my town is a Strait 8ish! Shes Rude and Condescending it’s Awful
The problem is people do and will continue to do everything you say not too. It is really more up to the BUYER to understand everything you've shared here. Great material!!. But buyers shouldn't just accept that seller is knowledgeable.
Yep you can tell when photos are being doctored or something is fishy. I buy from people who have long selling history's and thst I have bought from in the past. I have been burnt and it was my fault but thats how you learn!
My typical process for selling is 1: Know exactly what I have. 2: Before I look up the price I determine the grade and always go with the more conservative grade if it's a borderline grade. 3: research book prices and ebay sold listing. 4: put the price tag at 80% of that for more desirable coins and 70% for less desirable. If it's going up in the club auction that range can be anywhere from face value for the reserve and up to 80% for certed coins.
My favorite part of watching ur videos is you don't blow smoke u anyone backside n ur straight up. So rare nowadays. Thank u
Plus there is so much to learn. ..I'm trying
Daniel you are about the most Honest Person in this Hobby and the Education you put out to us is nothing but You doing Your Best to help those who have the willingness to learn. You are a person that is in no way selfish and doesn't hold back or leave tid bits of information out that is crucial to understanding what this hobby is about. Thank You is all I can say.
It’s Uncanny just how Knowledgeable Dan the Man is! It’s a Very SPECIFIC Hobby/Career/Enterprise/Business/Etc. And THIS MAN has ALL The Correct and Realistic as well as Reasonable Information! I’m SO hyped I’m a COINHELPU Subscriber! He should be as Viral as the Coin Channel for Real…Altho I’m sure Sometimes MFs DONT wanna hear the Real Deal when it comes to their Beat Up, Barely Fine or Less than Good “Mint Error” No…DAMAGED coin(s)! People wana think they’ve got THE HOLY GRAIL and it’s in fact the HOLY CRAP!
You hit this one out of the ballpark, Daniel. Touched on a lot of areas that apply to responsible selling, and not just coins. Great tool, and very useful video! 😉
Love so much that you consistently help people with your videos! Thanks, Daniel
Thanks man! Great video. Kindness and honesty are rare these days.
Your videos are SOOOOOO helpful and I really appreciate the time you take to create these for those of us trying to learn. Thank you sooo much!
I'm pretty new to your informational videos and love how you speak to us novices and are not afraid to advise us honestly! Thank you for all the information, I save every one of your videos. You're the best coin UA-camr out there for novices. Keep the videos coming!!
What a fantastic video, Daniel ! You tell it the way it is brother , that’s another big reason why I like watching your videos , I am always learning something and always thankful ! ❤
CB
Thankyou Daniel for your time and honesty.
I can think of a few television channels that should take this to heart (particularly 3,2, and 1) in addition to many online sellers.
YOURE THE MAN DAN!! I learn ALL my stuff From YOU!! Youre THE best on YT and That’s BOTTOM LINE!!
This is the 2nd or 3rd video of his I've watched and I feel like he's a stand-up guy. I appreciate this kind of content.
Outstanding video! Thank you. Have a great day!
Always great advice on this channel. Daniel, your awesome. God Bless you!!! You truly have helped me with my coins without even knowing me.....thank you!!!!!!
I love reasons 1 and 2 the most. Great video Daniel!👍
Thank you for everything you do Daniel!
All though I need to sell a coin to keep going/learn about the business. Daniel you have taught me more than anyone else
Good Morning! 🌞☕ This is a WONDERFUL list to use and go by. Thank you so much for sharing. 👏🏼😁🙏🏼🕯️🙌🏼
Thanks Daniel. I started off buying junk Morgan & Peace dollars. I was stacking for weight, not collectability. Most of my silver is in one ounce bars & rounds. I don't need to sell now (already retired), but if / when silver gets over $30.00 or more per ounce I will go to a local coin shop and sell most if not all I have.
Excellent video! I saved it to remind myself of what needs to be done to sell coins.
Just one other thought here. I have sold coins on Ebay, and it is possible to make a Little bit of money doing things honesty, and correctly...yet do not think you will make a ton of money.
It is just that when you think of the labor making the picture look properly, labor writing the description, labor to package, price of packaging, Ebay fees, Paypal fees, and Auction hassle...you might do better getting your coins together and selling them to a honest Dealer.
Thanks Daniel !! Excellent points.
Very good video Daniel!
For all ,and I mean all , people thinking about buying and/or selling coins, I would highly recommend the photo grading books. Daniel is an amazing channel. He does exactly what he claims to be talking about in the title. No click bait, no hyper fixation on some of his or their coins and no salesman BS that other channels would try to shove down your throat, anything to sell you that coin or rounds or bars.
If you need dependable information he would be definitely the person to go to. But after some of his videos, I wouldn’t be surprised if he gets so busy trying to answer all of the questions then he may not always have time for you.
Do not ever buy from tv ads, chances are that they are selling you hyped up coins that are overpriced and over graded. Don’t buy from you tube channels that try to sell metals based on BS SHTF (shit hits the fan) or some other kind of financial meltdown, where currencies like the dollar or euro, go down to almost nothing in terms of value. Or any other type of ARMAGEDDON where you will need gold and/or silver to make purchases.
Instead study up on currency fluctuations, look up for precious metal prices and history of their highs and lows of things that you might buy to see you through the cultural disasters. At least if you learn about them you can make an educated guess on what has happened in the past and what might happen in the future and I use the word MIGHT with a bit of tongue in cheek. I mean ,don’t believe everything that you think that you “know”.
No way can I field questions all day, that's why I have over 1,400 videos and a help community.
@@CoinHELPu I figured that you were too busy. That is why I suggested that they get their own photo guide book . If they are too busy for that then they should just go on the photo website and use just use the website. There are so many different ways for people to grade their own coins I wonder why they ask for help.
Great info Daniel! Thanks.🥰
Great video I'm glad you're here
Good Video, Daniel. Thanks for sharing. 👍
Thank you so much for your guidance in this hobby, couldn't have came at a better time.
Thank you for the informative video, Daniel.
Recently, I was interested in a coin auction by a seller I see quite a lot of on Ebay. The photo's in the auction looked almost like negatives. They most likely revealed bag marks, etc., but displayed nothing in the way of luster, so I contacted him and asked him about the luster of the coin and/or whether it had been cleaned or dipped. His response to me was they handle so many coins that he didn't know, but he told me I should assume that all of his coins are cleaned or dipped. He told me he had a return policy, so if I didn't like the coin, I could send it back.
-I declined to bid on the auction and don't plan on participating in any of his future auctions.
Good for you.
Great video Daniel!
Coin hoard! Estate sale coin! Unsearched!
Should have coin info for you by the end of the week per our email conversation. Darn work keeps getting in the way 😂
Once again great information. I still have a lot to learn.
Thanks Daniel! I see #1 on cable tv and just shake my head when I see what prices that are advertising! 😮
Good man i like honesty
and the passion
Twaskyou sr for all information
Blessings
I've been watchin you Thanks Daniel 😊❤
I sell coins thru my coin club auction, which resolves a lot of these issues. This is because the guy that lists the lots in the auction does his own grading and estimated value of the coins. When I submit my coins to him, I put my idea of the grade and sometimes the estimated price also but he just uses his own opinion anyway in the listing. I trust his grading and estimates because I think he is better at it than I am. Usually, but not always, his estimated price is higher than mine, which is another reason why I trust him. Also, there is no need to take pictures of the coins because the coins are all displayed at the meeting so everyone can examine them for themselves. Seeing what coins sell for at an auction gives you a good idea of what the coins are worth. I generally get better prices for my coins thru the club auction than I would get from a dealer. Another of the many reasons to join a coin club!
I would love to find a coin club, like you're describing. I think that's a fantastic fellowship. 🙌
@@Holly070 In my area (DC-Baltimore), most counties have them. Do a google search for coin clubs in your area.
Thank you Daniel. I really enjoy your videos, learning from your expertise. Moreover, I trust you as a fellow human. :-) I also am very pleased with the purchase I made from your online store. Best wishes to you and yours.
Thank you!
Excellent video Daniel
Great job. I've always admired your integrity. And the best in the business appreciate you. I'm very proud of you.
Hi Daniel, Brilliant video. Thanks. Just getting into coin collecting here in the UK. Can you (or anyone reading this), recommend a magnifier to attach to my IPad, so I can get nice clear images of my coins?
Thanks
Tom
Good video... Thank you
Daniel yet another huge thank you is owed to you! You can lead a horse to water but you can’t make them drink. Thank you for leading the way for us rookies. Hopefully it will sink in 😜
Solid advice Daniel
very well said ...friend thanks
Thanks again Daniel
Thanks for good advice.
❤ you're my favorite Daniel!. 🤗
You're the sh**!! Real talk!! Always 💯% real.
Thank you very much
Thank you Coin For putting out a video about how to sell your coins In the future, I want to start selling coins.
You are the man 💪💪
Great video, I'm agree with you.
Thank you for this video
Daniel honesty is the respect between us as collectors and friends people need to learn🤝🤝🙏
Very good points! Thank you. I would way rather learn about my coins before i sell them.
This made my night Thanks Daniel Go Astros🎉🎉🎉🎉
Great advice
Good Morning Daniel!☕🎃
SO true I see mint errors and variety's on Ebay that are wrong or over priced. My favorite is no "P"
Thanks great video I haven't sold anything not worried about it I like posting when I have time live collecting an can't believe the prices people put out there I go by the red book an I look up the info
I agree with many of the issues that are covered. And honestly it all can be summed up to number 2&3 if you are not interested in the hobby and want to learn and make it better…….. don’t sell your own coins. Thanks again for the advice and the informative post.
I’ve been a collector for several decades. When I have a third party graded coin that’s high quality, but there is no price guide for it because it’s an ancient or medieval or foreign coin - but it is really nice mint state or higher, I have sold my own coins online. I have not cheated or claimed the coin was something it’s not. (I have hyped the positives it actually had - like the third party mint state grade, and/or the actual population or rarity of the coin.) I’ve sold because I had purchased a higher grade or the coin no longer fit in my collection. I never lost money, because the “money” is made on the purchase end not the selling side - and I’m a careful buyer (unless I so desperately want a coin that I’m never going to be selling it!) I’m not selling as a business, but I certainly can sell my own coins when I need to.
Good morning from Arizona Sir Daniel! I've bought several coins and graded coins. I have found errors on others but can't afford to have them graded yet. If I come to sell my coins, would you be interested in those graded? The reason I ask is Noone in my family is interested
Yeah, I hate when sellers give little or no description and say, “Pictures are the description.”
Hey I'm not so good w internet are there any books that tell u about like hub marks and adjustment marks n things of that nature to authenticate coinage n do they have them for all coins
All common sense reasons. Thank you for pointing out what should be obvious to all.
If I had to narrow it down even further I’d say heed #7 & #5. Great points all tho
I have a question how can I know what I have if I can't see it? Is there something I can use to help me identify what I have
have some old wheat steal pennys 1943 D and 1943 S would like to know should I sell them..?
This video was honest to god one of the most necessary coin and currency presentations for everyone invested in this hobby to watch.
Everything you said here was spot on. I’m fairly new to the hobby and like everyone else watching this video got “hooked” to it pretty quickly once I discovered it. I’m taking my time, learning as much as I can with the little time I have because life is so busy. I know there’s so much to learn and would never kid myself that I’ve learned enough and now I can start moving big numbers. Slow and easy wins the race in this instance. Thanks for the blunt truth here. 👏🏼 💰
And dear heavens, DO NOT PUT YOUR COIN IN A SCANNER. I see people with ebay businesses using a scanner. I have learned what a good coin looks like in a scanner but most people don't. I love a picture that appears like when you look at it under a lamp because that's how you will see it. It is not going to look like the "true view" pic the grading company sent.
Believe me I've learned alot in 2018 when I became lost 3 months durin the pandemic, I learned about books & paper 💰🎉🎉🎉❤❤❤😊😮 love Star Notes🎉🎉🎉❤❤❤
Since 2018 I've learned about my coin collection alot,I have almost over a Hundred Coin books because of my collectin since the 1980 collectin had then in Coke -Cola tin cans , pickle jars
Dan can teach a college class on coins before I even buy a coin or sell a coin I watch a couple of his videos so I don't get ripped and the buyer don't get ripped he's right we need to get rid of all these dishonest sellers I don't have enough fingers and toes to count of how many dishonest sellers I came across you don't respect the hobby like the song says Hit the Road Jack and don't come back no more great video Dan
Thank you, coin help you.
Unfortunately, the people who need to see this aren't necessarily on You Tube. I wonder if this could be posted on all social media platforms
Where would you sell coins graded just. Just graded coins beside ebay
I like 😂the eBay auctions that when u read the small print says similar or even more better yet “stock photo”. Yea right
You are what we need a honest coin dealer people like you only prosper on life
There is so much garbage on e-bay error coins, Almost do not want to sort through all the useless listings.
I am from Philippines which coin app is working here so that i can check my coin us coin I have a lot of coin from different country
At this time I don’t pan on selling my coins but if I decide to sell any I will consult with the proper companies so that I don’t say anything wrong or accidentally hurt someone monetary wise.
Again Daniel , you are Right- On ! Ya all ways tell it with honesty . Again , thank you so much . Tom Daytona Beach , FL. 8, April 2024 .
This could all be summed up with one single concept which seems to be rapidly becoming obsolete:
Integrity - or the lack thereof.
Hey how you doing Ihave half dollar coin the lot difference since Franklin. Walking liberty and John Kennedy please can you help me for sales 🙏
I see the word "Rare" thrown around a lot on ebay.
What is your suggestion on the place to get supplies (such as 2x2 , coin tubes , 2x2 sheets , coin capsules ???
I get mine from Amazon...along with note protection sleeves, curator gloves, a coin microscope and even a few books...
Wizard coin supply are more of a mom and pop.
Books a million has what you listed,, my local coin shop gave me some 2x2s for free
@@dwayneendsley6282 thanks haven't seen a books a million in a few years in my area
Little understand ,i have no Idea iam not educated , thank you sir have a nice work day.🙏🏿🙏🏿🙏🏿
I am taking videos of my error collection so I can sell the whole thing. Coin collecting has changed a lot and so have I. I am going to sell it for 40k, it is worth far more graded but I don't have the time, love or resources for it anymore unfortunately. Never thought this day would come.
Is there any way to have someone removed and banned from selling on Ebay? I bought a 1964 SMS Set a couple of years ago and sent them in back in August of this year and as it turned out, they were swapped out for a proof set. PCGS graded them all as proofs. Your thoughts? I consider that fraud!
No one has a 1964 SMS set to sell, they're all proof sets, the fraud was calling a proof set an SMS set. You thought you stole a deal and was going to make bank but you bought proofs thinking they're SMS. I don't know what to tell you. 1964 SMS sets where not issued to collectors or to the public at all. So no one has one to sell unless it's already in a PCGS holder and for sell at a major auction house.
Sir, I want to know where I can sell my coins? I am from Philippines. My coins are not graded and I have no idea of the price either. please advise. Thank you
Buy a 2024 Red Book price guide or use an online price guide to look up their value.
Great news I won’t show and give you the true description and education of my coins still learning 4show coins going too keep my band 100%
I've sold a number of items (not coins) on eBay. I found out the hard way that I need to limit my words to just a couple of facts and then let the photos tell the rest of the story for me. If I did sell coins, I would say what the coin is (US dime, quarter, etc.), and year. If it is in a holder, I would mention the grade on it. A potential buyer would need to look at the pictures to determine all other details. I would simply make too many beginner errors if I described it.
💯% right my friend, great video Dan. I have discovered 6 new varieties.
I also sell on ebay, telling the truth about the coins your selling is a must!
I do see manipulation of images on ebay more than I should. They are usually Morgan Dollars and they lighten the coin so much with Photoshop you can't see the details on the coin such as nicks. Another tactic is to say they are DMPL coins with 30" mirrors.