Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
A very good article I found.
>
Reply to Thread
Message:
<p>[QUOTE="BMoscato, post: 1338870, member: 29978"]The funny thing is that the same dealer will use the grey sheet as a guideline for his purchase price from you.</p><p><br /></p><p>Who sets the prices for a coin? Some entity in the marketplace has come up with a standard model based on rarity or variety of each coin that dictates its approximate buy or sell price. What makes one coin more desirable than another? What makes someone desire a 1909S VDB over a 1909 VDB? Rarity. But who’s the one that really sets the prices? The consumer! A coin is only worth what a consumer is willing to pay for it. Yes, dealers will capitalize on what other dealers or market analysts say regarding a specific coins trend but ultimately, if no one is buying then the coin isn’t worth jack!</p><p><br /></p><p>Rant over… <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="BMoscato, post: 1338870, member: 29978"]The funny thing is that the same dealer will use the grey sheet as a guideline for his purchase price from you. Who sets the prices for a coin? Some entity in the marketplace has come up with a standard model based on rarity or variety of each coin that dictates its approximate buy or sell price. What makes one coin more desirable than another? What makes someone desire a 1909S VDB over a 1909 VDB? Rarity. But who’s the one that really sets the prices? The consumer! A coin is only worth what a consumer is willing to pay for it. Yes, dealers will capitalize on what other dealers or market analysts say regarding a specific coins trend but ultimately, if no one is buying then the coin isn’t worth jack! Rant over… ;)[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
A very good article I found.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...