When your at/or working a Coin Show....

Not sure I follow what you're saying.

 

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It's basically another way of saying "what will you allow me in trade for these coins of mine, for that coin of yours?"

 

TBH, the coin was basically the rarest of the series, with very low mintage. The dealer that purchased it would not likely have simply purchased one at that grade if it was one of the other years, etc. for what I wanted. The money the first dealer offered would have been fair for just about any other ones in the series. What pays is knowing what you have and what your minimum is for it. I was lucky in that that particular dealer was from across the country, was at this coin show, and was accepting of a fair price. Otherwise I would have put it up on ebay and hoped for the best.

 

A happy ending all around.

 

Only that I've found the phrase "the money is going right back in your hand" yields a better offer than if they think I'm walking out the door or to another table to spend it elsewhere.

 

Can be a good option for the 'seller' because say you have a coin valued that day at x and no one wants to take it off your hands at more than say 1/3 x amount. But you find someone who says they will give you, say 19/20 x but you take that in trade of their coins. So you carefully select either a coin/coins you want because you want them or coins you believe you will have a better time selling or think will appreciate better. You get a better value at times. Maybe you can even find something you end up as a sale that day to another dealer. I think a dealer is open to it because chances are just as good to them that you get something they have had in inventory for a while and it gives them the opportunity to not be stagnant.

 

Didn't work for me at Gettysburg Battlefield Coins when I went to trade..........trading a '65 (Booker) for a '66 and the upgrade price was over $300. The guy was trying to 'scalp' me, so I passed. Shoot, the down payment (trade) had to be worth something. Sometimes ya win, sometimes ya lose.....



Didn't lose though........trade fell through.

 

And sometimes you get rained out.

 

Methinks thou hast me head spinnin'.

 

1/3 x is about. 33.33333333% cents to a dollar. 19/20 x is 95 cents on a dollar. Makes a huge diff if you have a coin valued (money you should get for it) at say 30.00$ and someone offers you 10.00 in cash or someone who gets it and you take home coins you and he agree are valued at 28.50$. Even better if you find someone to take your new purchases for 30.00+$.

 

Kripes, dear Lady, math is my weak point, but I know when I'm getting snookered....