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  • 2 Post By smokeythecat
  • 1 Post By Beachkid23

Thread: Estate sales and Hoards

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  1. #1

    May 2016
    10
    10 times
    All Types Of Treasure Hunting

    Estate sales and Hoards

    So I was recently at a coin show and a guy said he was able to purchase a hoard of civil war tokens from an estate sell. That got me thinking that I should go out and find estates sales and see if I can pick up a hoard or a collection for a good price.

    I googled it and found estatesales.net. The online auctions seem to make the coins too expensive. How do yíall go about finding estate sales in order to find coins?

  2. #2
    Charter Member
    us
    Nov 2012
    Maryland
    XP Deus, Tesoro Cibola
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    Local newspapers and auctionzip.com, but there is a LOT of competition. I bid on a recent auction on 8 items and got 1.
    huntsman53 and PetesPockets55 like this.

  3. #3
    Charter Member
    us
    Dec 2008
    St. Augustine, FL
    4,039
    1507 times
    EstateSales.Net is the main one. You have to be diligent and check on Sunday for the coming week as details might change. Be attentive to start times and arrive early to place your name on the list. In some cases, you have to sign up a day before. Many of them sill start on a Thursday/Friday so by the time Saturday roll around, the good stuff is gone. If you work M-F during the day, you won't have much success.

  4. #4
    Charter Member
    us
    Only boaring people get board

    Nov 2018
    The Thumb
    Mine Lab Equinox 800, Mine Lab Pro Find 35, Garrett Pro Pointer 2, Whites ID5 Classic
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    check the local auction people, they will have a schedule for upcoming estate auctions ans sales...
    I'll sleep when I'm dead

  5. #5
    us
    Jun 2013
    East Tennessee
    6,893
    6554 times
    I agree with the sources Smokey noted and you can also do a google search for Estate Sales and Auctions in your area. Stay away from the online Estate Auctions unless coins being offered by certain Auction companies often sell real cheap. Do keep in mind that there is almost always a Buyer's Premium and often Taxes charged.

  6. #6
    us
    Wood Butcher

    Apr 2013
    Indian River Co.
    349
    377 times
    All Types Of Treasure Hunting
    In Fl. no sales tax on coins as they are considered money (as it was explained to me by an auction house after winning a couple of lots).

    Very few to no coins at estate sales in this area. I've been told that they do not come across them because they assume the heirs usually have removed them or they have been liquidated by other means.

  7. #7
    us
    Voice of Reason?

    Nov 2012
    Thousand Oaks, CA
    1,409
    908 times
    Guns kill people, and people kill people. We can only hope to control both.
    Estatesales.net will send you a weekly email with all of the estate sales within a set distance from your home Zip code. You can also set up a search to automatically send you an Email if a sale has a particular type of item you are looking for (such as coins).

    I used to attend Estate sales, but I've found they are not very good as they estate sale companies are in the business of knowing what stuff is worth, so it is hard to get a bargain. I've gotten silver coins below spot silver. I've found they are good for Books. There are generally too many for them to search for the good ones, so if you have the time or you know what to look for, you can buy books for $1 or $2 and sell them for more.

    Once I was able to get in early because I am the president of the Local Olympic Collectors club. My promise to promote their sale with a few thousand Olympic pins to the members let me in early to scoop up the best pins. Outside of that, not much luck.

    Outside of that, I can't think of a time that I actually was able to buy something at an estate sale that was worth while.
    Big Business is the Biggest special interest.

    Give me liberty or give me death. Just make sure I am not killed by a Terrorist.
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  8. #8

    Oct 2013
    fort myers fl
    4,761
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    Get a card made up from vista print. Make it look pretty, haha. Tell people at Yardsales you buy coins. Alot donít call back, some will. Some will show you on the spot. Donít carry $50 though. Carry $1k+ with you.(maybe like 3k) You may never need it. But you will eventually. These are my 2. Just talk to people. And be genuine. If you can educate, they will show you. I canít tell you the amazing things Iíve seen doing this!
    ***I got tired of people telling me that they have a watch somewhere in their dresser they havenít seen for 10 or 15 years . Hence the back side of the black card.

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    fistfulladirt likes this.

 

 

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