Selling Gold Coins on eBay

You may have bought and sold items, perhapsPhotographing a coin is really not difficult with a
many items, on eBay. But have you ever solddigital camera. Use the Macro setting on your
coins? Gold coins?camera for the best close-up result. For best
Gold coins are generally among the more valuablecolor and no glare skip using the flash. Position
coins for sale on eBay. The sale of such a coinyour light source (a lamp is fine) somewhat off to
should be rewarding for both buyer and seller. Asthe side of your coin.
the seller, you must focus on several key issues:It goes without saying (but I will say it anyway)
Pricingthat the photos you submit with your listing
Know the grade (condition) of the coin you areshould be of the actual coin you are selling rather
selling. Explain in your write-up the grading pointsthan a generic photo of the type.
you used to arrive at the grade you haveDescription
assigned. One of the clearest reference books onHere is where you romance the sale! Beyond the
this subject (for US coins) is Photograde, bybasic information about the coin type, date, and
James Ruddy.mint mark, you should include something of the
Next, research its market value. One way to dohistory of the coin and its type. Information about
this is to consult eBay listings. Be sure to use thethe designer, the economic and political context,
Completed Listings checkbox to see what itemsand, for sea a salvage piece, circumstances of its
have recently sold for. Another resource is theloss and recovery.
auction results for gold coins published on majorRemember to clearly state shipping and insurance
coin auction company websites. Coin collectorfees, your payment preferences, and return
magazines and newspapers also publish lists ofpolicy.
gold coin values.Monitoring the Auction
Set your starting bid well enough below theOnce your listing is posted, stay aware of the
market value of the coin to attract the attentioncomments of potential buyers and the status of
of bidders, but high enough to avoid a bargainyour listing through your eBay account. Do not
basement result.just post and forget. Be ready to answer any
Photosquestions posed during the auction. In general,
A gold coin is an object of considerable visualremember the advice of Benjamin Franklin to Mind
appeal. Maximize this with decent photos.Your Business.