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GreatCollections launches auction and direct sale marketplace.
Ian Russell on Wed, Mar 23, 2011 03:21:45 AM
March 23, 2011, Irvine, Calif. – GreatCollections has launched its much-anticipated auction and direct purchase website at www.greatcollections.com.  Catering to collectors and dealers, over 1,000 coins are already available for bid and direct purchase.  Initially, auctions will end on Sunday evenings before expanding to other days and times.  Bidding is available 24/7 at the start-of-the-art website.

GreatCollections handles each coin transaction from start to finish.  For sellers, GreatCollections offers professional imaging for each coin, cash advances as appropriate, and other individualized services generally not available with the large auction houses and other websites, freeing the seller to do nothing except collect the proceeds of the sale. This is an alternative to the risks of dealing with unknown buyers and sellers online: a trusted venue whose principals have years of coin experience and whose reputations in the industry are impeccable.

“Our fee structure is simple and highly competitive” says Ian Russell, owner and President of GreatCollections. “We charge a 10% buyer’s fee (minimum $5), and a seller’s fee as low as 0%.  All fixed price listings carry no buyer’s fee and are instantly available to purchase.”

Russell continues, “In our first month of auctions, we are offering a number of interesting coins, including a nice selection of Colonials, Morgan Dollars, and many MS and Proof-70 modern coins.  Over 1,000 coins have been consigned so far, with more arriving each day.  We will be offering PCGS, NGC and ANACS certified coins, as well coins approved by CAC.”  Coins range in price from $10 to $10,000.

Coins are continually being added to the website and members can set up a “saved search,” which will automatically notify you when coins matching your criteria appear at GreatCollections.

For more information about GreatCollections, including consigning coins to auction, please contact Ian Russell or Raeleen Endo at 1-800-44-COINS, 1-949-679-4180 or e-mail info@greatcollections.com.

April Auction Highlights include:

1652 Pine Tree Threepence PCGS VF-25 (Item #6882)
Elephant Token Halfpence PCGS MS-63 BN (Item #6883)
1787 Massachusetts Cent PCGS AU-55 CAC (Item #6884)
Kentucky (Lancaster) Cent PCGS MS-64 RD CAC (Item #6885)
1864 Two-Cent Large Motto PCGS MS-65 Red (Item #6680)
1864 Seated Silver Dollar PCGS Proof-63 (Item #6886)
1880 Morgan Silver Dollar PCGS Proof-64 (Item #6681)
1885-CC Morgan Silver Dollar PCGS MS-65 CAC (Item #7027)
1863 Three-Dollar Gold NGC AU-58 (Item #6682)
2009 Ultra High Relief $20 Gold NGC MS-70 (Item #7047)