A must-ask question for the dealers...

Discussion in 'Coin Chat' started by The Half Dime, Jan 19, 2025.

  1. The Half Dime

    The Half Dime Arrows!

    Do you go in big on GreatCollections? I know it's a weird question, but I was wondering if you ever go in there looking for Greysheet steals.

    Sometimes I can get lucky and get a Greysheet steal, especially when I can find something like a Classic Head large cent, with a $77 AG3 bid, and graded FR-2 details; I see that as something I can sell for half bid.

    I've dealt with them several times, but probably nowhere near what some people have done.

    What are your thoughts?
     
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  3. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I can't say I "go big" on GC, but I do check their offerings frequently on-line, and probably bid in a couple of auctions per month, on average. Because I can't examine the coin in-hand, I tend to not stretch as much on their offerings. However, if I've previewed one of their coins at a show and really like it, I tend to push my sensibilities harder.
     
    Last edited: Jan 20, 2025
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  4. geekpryde

    geekpryde Husband and Father Moderator

    I bid weekly on GC, and my max bids tend to be close to high retail prices. I still get blown out on most coins.
     
  5. The Half Dime

    The Half Dime Arrows!

    What shows do you see them at? I wonder that they do at those shows.

    Getting blown out on bids is really the part I hate the most. Like, why would somebody bid $30 on a common coin, in a holder, with a value of maybe $10-15? With buyer's fees and shipping, that's about $40.

    I do love to get a steal of a price, sometimes they're good enough that I can make a decent bit on them.

    That ain't stopping me from buying weird coins in slabs for $6-7, though. ;)
     
  6. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I've examined GC offered coins at FUN and Baltimore. They display at some other shows as well. If there's a show they attend near you, and they have a coin in particular that you want to see, it would be smart to try and make arrangements with them to bring it for you to see.
     
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