Coins Collection

This question has become one for the ages. There are many answers to it, few of which will actually help you. Today we will give you 7 tips you must keep in mind when you search for items to sell on eBay.

The problem with asking the question “What can I sell on eBay” is that you’re likely to get one of a small group of boilerplate answers. These answers get repackaged and dispensed as brand new answers, however they are still the same, reworked, difficult advice.

The most common answers you will find are:

• Look for items at garage sales, flea markets and estate sales.
• Speak to manufacturing corporations and ask them if you can sell their products on ebay for them.
• Buy from wholesalers.
• Buy cheap items from retail stores.
• Negotiate with stores to sell their overstocked items.

The problem with all of these things is they just don’t work, they are too complicated, or they are just overdone.

How to Settle on a Product

There are 7 necessary tips to keep in mind when searching for a product that will sell well. To find the best product it must meet a number of guidelines.

1. Keep it small. Larger items bring with them a host of issues, from storage to shipping and everything in between. Unless storage is not a problem for you, keeping more than a few large items around can cramp up your extra rooms, basement and garage. The problem is that you need to be able to keep a large supply of items that you’re selling to make any real money. Making $100 on a sofa is great, but it hardly pays the bills. If you have any ideas about quitting your job or supplementing your income, you will need to be selling a lot more of these. Heck, 3 or 4 sofas in a room should fill it up. So where are you going to put 10 of them? Keep your items small, and you can use shelves, drawers and closets for storage.
2. Can it ship easily? I know we covered the size issue in the previous paragraph, but it comes up again here. Even if you find the perfect product, you must be able to ship it easily and cheaply. You may find a great deal on rocking chairs, but how are you going to get a box around them? Not to mention, the shipping costs on large, heavy and bulky items can be in the hundreds of dollars. Look for products that can ship for a minimum amount of money. Anything from toothpicks to books fit the bill nicely.
3. Find a niche! If you try to sell everything to everyone, you will end up selling nothing to anyone. The more specialized you become, the better your chances of being able to offer unique items. For example, there are thousands of people on eBay selling DVD’s. Prices have been cut down to nothing, and profits along with them. The only way to make money as a DVD seller on eBay is to be one of the few sellers who have huge volumes. Starting out that way is very tough indeed. On the other hand, if you sell a specific type of DVD, like old horror movies or cartoon sets, you will likely have better profit margins. The large DVD warehouses just can’t move enough of them to make it worth their while. Come up with a few niches, and you should do pretty well.
4. Beware of seasonal items. Christmas decorations may sell well from October until December, but no one will be buying them in April. If you will be selling seasonal items, make sure you know when their season ends, and don’t get stuck with a lot of leftover products.
5. Fads can be great money-makers for short periods of time, but after that, good luck getting rid of them. Think of Beanie Babies, Tickle Me Elmo and Cabbage Patch Kids. All of these fads enjoyed phenomenal sales due to their intense popularity. After the boom, however, sales (and prices) dropped immediately. Ride the waves of popular items, but beware of their life-cycle. Prepare for the end of the fad, even as you are beginning the selling.
6. Bring something unique to the marketplace. This seems difficult - and it can be. If you have access to something unique, such as a specialized book, health product or computer program that other sellers don’t have license for, your products will be in demand. This tip is worth putting some time into. Think of ways to obtain such products, or modify existing ones (But be sure of your rights to do so!).
7. Sell what is in demand. Coins, stamps and other collectibles are always in demand. They are easy to buy and easy to sell and ship. If you spend time researching the ones that sell the best, for the most profit, you can do very well in this area. Try to come up with unique ways of presenting these items as well.

Hopefully these tips will get you started. Always keep in mind that uniqueness seems to be the key to eBay success. Even if you’re selling existing and plentiful items, come up with a unique way of selling or packaging them, and you may just find the next winner.

Good luck, and happy selling!

©2005 Matt Blasses

Matt Blasses is the author of the groundbreaking ebook “How to Get Rich Buying and Selling Stamps on eBay - Even if you don’t know anything about stamps.”

This ebook is available for immediate download at http://www.stampebook.com

You can reach Matt Blasses at: mblasses@comcast.net

Share This

How to Collect Rare Coins
For Fun and Profit

Time has proven that collectors tend to make the most money in rare coins because they search out “undervalued coins” and buy during market lulls. Buying in today’s market climate offers you superb upside profit potential.

PUT IN PERSPECTIVE - Rare coins have an extremely limited, fixed supply which has historically increased in value when demand overwhelms availability. This fact is documented in the enclosed “Dow-to-Gold Report.” It clearly shows how rare coins go up as well as down in price with varying market cycles. We believe the most successful Rare Coin portfolios were built in down markets by systematically assembling a variety of choice, rare, and desirable coins, with a three to five year, or longer, holding period in mind.

HAVE A PRECISE FOCUS - Thousands of coins have been issued over the past 200 years. Very few collectors are experts on more than a few types of coins. For that reason alone, it’s important to build a relationship with a firm that employs a team of knowledgeable Rare Coin Specialists and Numismatic Experts that are recognized as pillars of authority throughout the industry. Together, we can help you define your areas of interest, your investment goals, and our team of specialists can then guide you to a specific area of U.S. Coins designed to be both profitable and extremely enjoyable.

THE FOUR FACTORS FOR SUCCESS - To profitably build a balanced and diversified Hard Asset Portfolio, you need to know the driving forces behind the U.S. Rare Coin Market:

* STRONG DEMAND - We recommend U.S. Rare Coins that have a broad base of both active investors and collectors. The more wealthy, sophisticated, and avid the base of buyers in an area, the more successful your portfolio should be in the long run.

* SMALL SUPPLY - We recommend U.S. Rare Coins of the highest quality for the date that you can afford. These are always the hardest to find, most desirable collector coins and have historically been top market performers. In our opinion, these coins are always in demand by collectors and will be the easiest coins to liquidate later, and turn the best profits.

* STRONG PERFORMANCE HISTORY - Take the time to review the price history of any rare coin you purchase. Rare coins that have a good history of 200% to 300% price increases during recent bull markets, usually offer your an excellent profit potential in the next hot market. While past performance is no guarantee of future value, undesirable coins are losers in any market. It is of utmost importantance to remember that each rare coin must stand on the value of its own individual merit related to grade, price, eye appeal, and rarity.

* GENUINELY RARE - Finally, we recommend you acquire a selection of Genuinely Rare United States coins. There are fundamentally two ways to determine a coin’s rarity. That is “Condition Rarity” and “Absolute Rarity.” Condition Rarity is a coin that is rare in higher grades. Some coins are common in worn, circulated grades, yet there could be only five coins known to exist in higher mint-state grades of MS-63 to MS-65. Absolute Rarity is a coin that is rare in any grade. These are truly desirable gold coins that are hard to locate and acquire in all grades. These few coins that are Absolutely Rare in any grade are the “Blue Chip Recommendations” of the U.S. Rare Coin Market.

Steve is the ceo of cashgcards-goldlynks rare/gold coin club he was the best isp in 1997 check out his about us page at http://goldlynks.tripod.com
this article is free for distribution
you can sign up for a free email course on buying and selling rare/gold coins for profit by sending email to goldcoinsinfo@yahoo.com
membership of the coins club is free to join at http://goldlynks.tripod.com

Share This

Top Investment Performance

Throughout history, many coin collections have produced substantial long-term profits for their owners. This is particularly true for coin collectors of this century. Indeed, Harold Bareford reportedly purchased a collection of U.S. gold coins for $13,832 in the early 1950s which was resold at auction in 1978 for $1.2 million. A more substantial collector, Louis Eliasberg, built a collection that cost about $300,000. In 1982, it brought $12.4 million at auction.

This investment performance has been well documented by sources as diverse as The Wall Street Journal, Consumer Reports and a host of industry periodicals and guidesheets. What these reports have shown is that carefully selected portfolios of rare coins have had a high rate of long-term appreciation.

Of course, past performance is no guarantee of future results and investments in rare coins do involve risk. While the market performance of different coins varies substantially and no representation can be made that an individual investor’s portfolio will enjoy results similar to those that have been documented in the various independent reports and surveys, those reports and surveys illustrate the impressive returns that carefully selected rare U.S. coins can produce.

Tax Benefits

Capital gains on coins can only be taxed at liquidation, when the profits are actually realized. There is no taxation on phantom or undistributed profits as there are with some investments. And unlike most other investments, there is no federal income tax liability on so-called “wash sales” or like-kind exchanges which enable investors to trade their rare coins for other rare coins of equal or greater value

Intrinsic Value

Unlike paper investments, rare U.S. coins have real tangible value you can feel each time you hold one in your hand. Therefore, they offer two ways to build wealth. Carefully selected coins truly offer the best of bullion and numismatics in one investment. They contain the intrinsic security of bullion and can also offer extraordinary profit potential regardless of what precious metal spot prices do. Still, precious metal content is only a relatively small factor in determining the value of many rare U.S. coins whose value is almost solely based on condition, demand and rarity

Historically Significant Beauty

Rare U.S. coins are a part of our history–direct links to America’s rich heritage–as timeless and valuable as history itself. For two centuries, U.S. coins have been symbols of American stability, as well as reflections of national pride. Throughout our nation’s history, coins have spotlighted our national heroes, paid tribute to our great achievements and commemorated significant events. These truly historic works of art commemorate past sacrifices made in the name of freedom.

Rare U.S. coins acquaint investors with historical figures and events, no matter how far removed by time. The satisfaction of actually owning a piece of history from a bygone era makes investing in rare U.S. coins truly unique. Each coin has traveled a different path through history. As a result, each is a unique embodiment of the hopes and dreams of our founding fathers

Condition

The overwhelming majority of U.S. coins ever minted were circulated. Many coins were lost through attrition and others were damaged by use, thus eliminating any potential for numismatic value. The few surviving uncirculated coins are in a much more pristine condition.

Investment quality coins are primarily those coins rated in the 11 uncirculated grades, 60 and above, on the American Numismatic Association’s 70 point grading scale. A coin’s grade is a measure of its condition or state of preservation. The higher the grade, the better the condition.

Uncirculated coins fall into two broad categories: Proof (PF or PR) and Mint State (MS). Mint State coins were originally meant for circulation but never were circulated, so they remain in the same condition today as when they were minted. Proof coins were never meant for circulation, thus they received very careful handling and were specially struck at least twice on highly polished planchets.

The beauty of a coin can attract collectors as well as investors, and hence increase demand for a particular coin or set. This increased demand can result in rising values. Eye appeal is affected by several factors including the beauty of a coin’s design, the minting process used, the fullness and sharpness of its strike, the toning, the brilliance of its luster and the amount of wear and number of blemishes on the coin’s surface

Portfolios or Collections?

The age-old description of coin collecting as the “Hobby of Kings” is both accurate and misleading… accurate in conveying the outdated perception that coin collecting is restricted only to the very wealthy, misleading in that the number of collectors has steadily increased and has been estimated by the American Numismatic Association to include as many as 7-10 million coin buyers in the United States alone. Typically, the coin collector collects coins for their rarity and historical value. Collectors view their coins as rare art and as the tangible remnants of the cultural and economic forces that created them.

The investor begins from a different starting point–the fact that coins of proven rarity have shown remarkably high rates of appreciation. He sees the economic results of the pleasures of collecting and makes his original purchases with profits as his only motive.

However, we have found that the line between those of our clients that are collectors and those that are investors has become increasingly blurred. Collectors can’t help but be pleased when coins that they sell bring an attractive profit. Investors begin to see their coins as works of art and become knowledgeable about the circumstances of their minting and the era in which they were circulated.

Both collector and investor come to realize that their intellectual curiosity, aesthetic sensibilities and enjoyment in our country’s past can be used to create a collection that becomes an important store of value, a way to accumulate wealth that can be passed on to future generations–or used to fund their own retirements.

Steve is the ceo of cashgcards-goldlynks rare/gold coin club he was the best isp in 1997 check out his about us page at http://goldlynks.tripod.com this article is free for distribution you can sign up for a free email course on buying and selling rare/gold coins for profit by sending email to goldcoinsinfo@yahoo.com membership of the coins club is free to join at http://goldlynks.tripod.com

Share This