"Coin Shop" lowballs

my lcs keeps his 90% bin hidein in the back room and i have to ask if he has any he does have better walkers in the display cases for like $15+

 

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Two questions on this:

When you say "that $1400 Mickey Mantle," do you mean a BGS/PSA 8.5/9 card with a Beckett price of $1400 selling for $500? I don't see that happening at all. If you're using PSA's online price guide, there are two problems: 1) It's out-dated, and they don't tell you what date the prices are from. 2) The "raw" price of a card is usually the PSA7/8 price, but most people assume the highest price to be the price.

 

I'd like to know what card it is exactly, as I have been doing a lot of Mantle research lately and most don't sell for that and haven't for quite some time unless they are VERY high grade.

 

Ok, I will sincerely trade the Double Eagle for a 2 year old who is screaming and will not go to bed, along with a cat in heat.

Let me know if there is any interest... It may take me a while to respond due to the screaming (child or cat, not sure).....



God, I love this forum!

 

I have a lot to learn about cards...

 

Do you mean you WANT a screaming 2 year old or I have to TAKE the 2 year old to get the coin?

 

I too would like to know, but if I had to hazard a guess, I'd say 1962 Topps Mantle #200. PSA quotes $1775 in NM-Mt 8, and the highest "raw" sale on eBay was $600. It's the only card that "fits" the $1400 Mantle for $500-$700 requirements that I saw.

Edit: Of course, PSA's quote on the price is undervalue, since they tend to finish in the $2200 range for PSA8s on eBay.

 

Two walkers will hardly pull a decent offer. I would say that 200+ walkers would bring much stronger interest at that point. Just sayin....
Matt

 

I don't know...I think a lot could fall into it. For example, I have a 1957 #95. According to the PSA guide in 7.5 is is $1300 and in 7 it's $850. In 6 it's $525...which is about where I have seen them selling. In a raw piece...there isn't a big difference between a 6 and a 7.5 sometimes.

That being said, mine is a PSA 4 which I paid $285 for.

 

It probably was a fair offer given his overhead, and that is why the internet is driving retail of all kinds out of business. You could get a better offer on this very site, or others.

 

I agree. The dealer really has no use for two spot value halves. There overhead is actually more per unit if you are working with smaller numbers...as a result, a lower price would be offered. Now...if it were 200 of them, I'll bet the price per coin would be more reasonable.

 

Yes, it has. Quite much indeed really :-(

 

It's somewhat funny, but with the price of bullion being very high, relative to numismatic value, it actually is more profitable to sell bullion to the national gold buyers (like Kitco, Provident, etc) than on eBay.

This is especially true of esoteric things like postal gold. Provident buys postal gold at 3% back of spot. Given that you would pay 10% (11% now?) to eBay, and 3% to Paypal, you're probably better off selling to Provident. Why? It's highly unlikely that you'll receive an 11% premium to spot for postal gold on an eBay listing.