Someone had a thing for NIFCs....

[WheatFromChaff]

Picked up two boxes and the teller mentioned $250 in CWR, so I bought those as well, even though I figured it was a half box dump. The boxes skunked me completely, not even a proof, and for the first time I dealt with the frustration of discovering that $350 of one was searched CWR.

I saved the $250 for last, and it was definitely somebody's dump.....but the good kind: a collection dump. $50 was just circulated 70s Kens, but the other $200 was all NIFCs from 2009-2013, with P and D specimens represented in an approximate 1:1 ratio, along with a roll's worth of 2002s.

I am not the type to save NIFCs beyond a best example for each date and mint because they are so apparently common and I have a limited bankroll, but with this many I have decided to try my luck on eBay.

Does anyone have any tips for getting started or how to best market these? I was thinking that I ought to offer them by the roll, both single date/mint rolls as well as single date, both P and D combined rolls. Any information about the selling process is appreciated. I am aware that eBay has fees that need to be taken into account and that there coins are only worth what someone will pay for them.



Also included were these three 2009S proof beauties

HH All,
WFC

 

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[Diver_Down]

Your biggest cost will be shipping. Figure out what will fit into a small flat rate box, and then divide the coins into equal lots. You won't make a lot of money, but you should easily double your money. I'm too lazy to look it up, but last fall another CRH member was asking a similar question and I responded with a link to a completed auction of mine showing the final selling price. Take plenty of pictures, start the auction at face-value, and shipping at cost. Sounds like you lose money at those initial offerings, but the market will respond and yield your profit.

 

[WheatFromChaff]

Your biggest cost will be shipping. Figure out what will fit into a small flat rate box, and then divide the coins into equal lots. You won't make a lot of money, but you should easily double your money. I'm too lazy to look it up, but last fall another CRH member was asking a similar question and I responded with a link to a completed auction of mine showing the final selling price. Take plenty of pictures, start the auction at face-value, and shipping at cost. Sounds like you lose money at those initial offerings, but the market will respond and yield your profit.

Thanks for your advice! I am a complete noob to eBay, so forgive me this stupid question- what do you mean by shipping at cost?

 

[port ewen ace]

ship USPS as 1st class parcel--rates start at $2.67 & go up by weight up to 13 oz. tracking is included so buyer can't say "didn't get it". a roll of halves will cost about $3.60 to ship. the 30 cent Paypal fee gets added to all items I ship, so a parcel that costs me $2.97 gets a ship fee of $3.25. you know that buyer pays for shipping. I charge $1.25 for a 1st class non machineable item like single coins, my cost is $.70 plus the 30 cents. sold 7 rolls of Mint Rolled NIFC halves for $140 & made money on the shipping too. only the perfect proofs & NIFC should be offered, so a few light hairlines are OK but no scratches dents or wear. offer a full roll at $15 as 10 day auction plus shipping & wait for a buyer

 

[weighit]

I only sell off Craig's List the 'S' mint marked coins when i get a pile of them, and normally they sell for anything from $1.25 to $2.00 each, have sold many. If I get to having more than I sold I spend them. CL has no charges and I meet at either a bank or the police station to exchange money.