Create an Ebay account. Sell your coins on Ebay. Coin collectors there will pay spot price all day long.
Look up "American silver coins" on Ebay. Over 100,000 items listed for sale currently.
Get a small camera that plugs into your computer or take photos with your phone and upload them into your ad. Write a small description of the item you are selling and sell it.
Get yourself a small scale, weigh the coin in the shipping envelope, type in the weight and the postal service will print you a shipping label with the buyers name and address. Tape that to your envelop and mail it.
Several options available when selling, make it a true auction, highest price at the end on the auction wins. You can set a reserve price where a minimum bid must be placed and the bidding price starts from there, You can give free shipping or charge the buyer for shipping.
If you charge the buyer for shipping, you typically get less for the coin in the auction. People typically subtract the shipping cost from the amount they will pay for an item so they are still paying spot price.
Ebay takes a small percent of the sale price. They do not take money from the shipping cost. So people sometimes charge more for shipping and that reduces the amount taken by Ebay.
I bought and sold coins on Ebay for many years, you can find some really good deals. You have to be good with your math and calculator skills as the auctions are ending and know the going price of silver.
Be careful when buying, there are scammers. Make sure you are looking at the sellers approval rating. Beware if their ratings suck. Coin companies sell stuff on there. They could have 500,000 ratings with a approval of 100%, they are safe.
If you see someone selling a American Eagle at 50% off market value and they have 50 people providing a approval rating of 0%, it is a scam, stay away.
Do not go to a pawn shop, they will rape you.
Places like JM Bullion will pay you 12% below spot price, that is how they make money, along with premiums when you are buying.
Create an Ebay account. Sell your coins on Ebay. Coin collectors there will pay spot price all day long.
Look up "American silver coins" on Ebay. Over 100,000 items listed for sale currently.
Get a small camera that plugs into your computer or take photos with your phone and upload them into your ad. Write a small description of the item you are selling and sell it.
Get yourself a small scale, weigh the coin in the shipping envelope, type in the weight and the postal service will print you a shipping label with the buyers name and address. Tape that to your envelop and mail it.
Several options available when selling, make it a true auction, highest price at the end on the auction wins. You can set a reserve price where a minimum bid must be placed and the bidding price starts from there, You can give free shipping or charge the buyer for shipping.
If you charge the buyer for shipping, you typically get less for the coin in the auction. People typically subtract the shipping cost from the amount they will pay for an item so they are still paying spot price.
Ebay takes a small percent of the sale price. They do not take money from the shipping cost. So people sometimes charge more for shipping and that reduces the amount taken by Ebay.
I bought and sold coins on Ebay for many years, you can find some really good deals. You have to be good with your math and calculator skills as the auctions are ending and know the going price of silver.
Be careful when buying, there are scammers. Make sure you are looking at the sellers approval rating. Beware if their ratings suck. Coin companies sell stuff on there. They could have 500,000 ratings with a approval of 100%, they are safe.
If you see someone selling a American Eagle at 50% off market value and they have 50 people providing a approval rating of 0%, it is a scam, stay away.