2019 Redbook us coins

You are the same as me green...Keep on the way you are going as your book of 2008 and mine of 2009 are more realistic what a dealer would pay...Forget these others in here as they dont know what they are saying....The only advantage of the most recent book is when you are going to insure the items and want to be paid out by the insurance company ( if they are stolen or destroyed ) and want the up to date market price. If you are buying at shows, any book above 2010 are far too expensive in prices and not realistic. Just remember eventually you will want to sell them and hopefully not at a loss so play these dealers at their own game.....They may have the 2016 book at the show but realistically it is not the true value of the item....As it is now 2018 , i would not look at anything over 2010...As you see mine is 2009. But you do as you wish...This is just from a retired dealers point of view. I will work on my 2009 Red book and my 2000 Krauss and i am sure if i was at a coin show, i would get the customers instead of others with up to date issues.... Take no notice of auction results as 20% has to go to the auctioneer off the sale price so once again the sale price is not realistic. Also remember you may strike a person in the auction wanting it more than you and will pay more that the book says.... I was a dealer for over 35 years in Australia and have picked up a thing or to on my ways in the business and hobby..... Then lastly green, dont forget who will eventually end up with all the collections when we all pass on...OUR KIDS and unless it is a mobile phone, computer or a game of some sort, they will sell the collections off for nothing as the intrest is long gone from the generations growing up these days... Average age of my customers were be late 20's to early 30's... Note that is taking into consideration the oldest and youngest. Just think of when you attend coin shows, how many kids you see that actually want to go or are dragged along by their parents and look so bored....Personally i say use all mint stamps on packages , and sell off the numismatic items as fast as possible as that is what i did to my collection and that helped me pay for my shipping container of household items ( $12,6000 ) and air fares when i migrated to Ohio in 2011.....I have included examples of some packages i have ready to ship today using stamps from yesteryear... At least i get face value back instead of my kids throwing them away... Have a nice day

 

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No it's not

 

Sorry, friend, but I don't drink nor will I coddle fools incapable of basic reading comprehension.

Of course we wouldn't want to hurt anyone's precious little feelings by daring to address where the listed values come from or keep things in the intended context. Silly me. As they say: ignorance is bliss.

When you learn to read feel free to let me know. Until then, enjoy the self-fluttery instead of letting the quality (or lack thereof) of your posts speak for you.

 

So, pursuant to this conversation, would it be impolite to ask a dealer how he prices his coins?

 

The 2019 redbook went on sale in April 2018, the prices were compiled in 2017 with a guess as to what the prices would be two years later. Such guesses are not likely to be accurate.

 

With the understanding that not everyone will react the same, as a potential buyer I think you've every right to ask. However, I would try to be very clear you're asking only about how he comes to his prices and not about how much he paid. The former is reasonable while the latter is not.

 

That's a given for me.

 

I think it's like asking a woman how old she is. Maybe you'll get a factual answer, maybe you'll get a lie, and maybe you'll get slapped.

 

Then I wouldn't hesitate. As long as your approach is both respectful and reasonable, the reaction received can tell you much about the person you're dealing with.

 

Yeah, especially if I get slapped!

 

But how many of us have offered a price on a coin to be told "No, I paid $XXX for it"

 

Try isn't and lobotomy.

 

What does he buy at?

 

If one wishes to offer such information, be it true or a ploy, that's his decision and is night and day compared to coming out and asking.

Every dealer is different and perhaps some won't care, but by and large demanding to know how much they've into a coin is a fine way to lose an opportunity, and is especially true with infrequently traded material. After all it's really none of the buyer's business, be it coins or anything else.

 

Never said that I asked, I would never ask a question like that, it's none of my business, but I have had more than one dealer offer some such statement.

 

Yes, I know you didn't and wouldn't, and is why my response was worded in a general way.

On the other hand I now see there was no question mark at the end of your statement, so perhaps I misinterpreted.

 

"chums"
thats a new one

 

You're showing your age again, kiddo

 

But is he telling the truth, or is it a tactic to get you to raise your offer?

Chum = bait tossed in the water to attract sharks.