Best coin deals on ebay

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The coin's release marks the first anniversary of the death of Prof Hawking, one of the best-known scientists in the world. The coin was only released today March 12 , but the three most expensive versions of the coin are no longer available on The Royal Mint website. It seems coin dealers have taken this in their stride, if the bids on eBay are anything to go by.

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Further down the page there are more of the silver piedfort proof coins for sale. The silver proof coin, which is half the weight of the piedfort version, is also on sale. Surprisingly this coin is also going for a large amount of money. These are all currently reserved and no longer available online.

The coin is presented in a wooden box complete with a booklet that brings the science of black holes to life. Red flag?

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Of course, this is an easy one. There is no good answer. Even without the knowledge that there is a flood of well made counterfeit coins emanating from China, this is an easy one to detect. Thus my key for avoiding counterfeits is to try to avoid high-risk sellers. I know you can weigh it and do other things, but I prefer to rely on a strategy that keeps you from buying likely counterfeits consider the source , rather than a strategy that detects counterfeits after you have already purchased them. I should have simply not bid on the coin because I was somewhat suspicious concerning authenticity, but it was a date I really wanted, so I bid anyway, and won the coin.

However, before I bid I contacted the seller and told him that if I won the coin, I would be submitting it to PCGS and would be returning it if it turned out to be a fake, and without his agreement to accept these terms I would not bid. Of course the seller assured me that the coin was genuine based on what?

Then there is the seller in Germany selling on the German eBay web site, www. He sells rubles which he claims he found in his garage, so he knows nothing about them and therefore cannot guarantee their authenticity.

Best place to buy coins on line that is not EBAY - Coin Community Forum

What a story! Of course I believe he knows darn well his coins are bogus, and tries to prey on buyers who will buy his coins in the hopes that they are genuine. It is a cardinal rule that I will not bid on or buy a coin from a seller who will not guarantee authenticity. Whenever a seller lists a coin that I want with an opening bid amount or a reserve that is substantially above the market price, I see an opportunity for negotiation.

When I see this situation, I expect the coin not to sell during the auction process. Of course someone may still bid and make me look a little silly, but more often than not no one bids, and the negotiation begins. In this situation, you should never be afraid to make a lowball offer for fear of insulting the seller. And it is this initial offer that is critical to a successful negotiation.

If the seller responds with a counter-offer that is only a token amount below his initial price, then either he has not given up on getting a huge profit, or else he paid way too much for the coin himself, and is now stuck. There is a third possibility, namely that you do not have as firm a grip on the market as you had thought. Whatever, the negotiation is now over.

If on the other hand, the seller counters with a price that is substantially below his initial price, you have basically won the negotiation. It is now only a matter of either accepting the counter offer, or countering yourself to try to get the price even lower.

5 Proven Tips for Buying Coins on eBay - How to Avoid Scams and Come Out a Real Winner

If you send the seller a question about an item, find another of their listings, and send the question from that item page, rather than from the one that you actually want. May be telling them that they would not have to wait as long to get their money they would probably know that, but it still might help. If that does not work, use a sniping service such as Bidball. Use a site like Ebuyersedge.

If the item that you are looking for is difficult to spell, try a misspelling search site like Typojoe. Other interested buyers might never see them.

Learn How to Buy Coins Safely from Internet Auctions

Then, if the item is listed an auction format, after a few days of no bids hopefully anyway send the seller and offer to end the auction early and sell the item to you. They may worry that no one is interested, and take whatever they can get. I have read and re-read the coin week articles on ebay practices.

I finally decided to bid on an auction using a sniping service. My bid went in with 21 seconds left on the listing, but I was not the winning bidder. According to the listing, I should have been.

Almost ALL the Gold Sold on eBay is FAKE!!

When I called eBay to find out why I had not won the auction, I was told that sniping services were against eBay rules. Comments anyone? Regarding using Retail or Wholesale Price Guides for information on setting your bid price, Ebay now allows you to review recent auctions or BuyitNow sales. If the coin is not rare you can see what the recent winning bids are to get up to the minute information on what others are willing to pay for the coin. I have bought quite a few coins off of eBay and have employed all 3 bidding practices. Sniping has worked for me a couple of times but what I really liked about the article was contacting the seller as opposed to just waiting to see what happens with the bidding.

I certainly learned a lot from your article! Save my name, email, and website in this browser for the next time I comment. This site uses Akismet to reduce spam. Learn how your comment data is processed.

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Browse through our online coin auctions today to own a piece of history, make a wise investment or both. Ask about our Lincoln Cents, Walking Liberty half dollars, or any other United States mint coin to discover the savings! First Name:. This is a required field. More Info. Buy Rare U. Why Great Southern Coins?

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