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<p>[QUOTE="JDS, post: 697510, member: 20515"]I am attending a coin show tomorrow with about 40 tables and I'm looking forward to making a good amount of purchases. This is just my second coin show and I have a question about what is expected in the way of haggling over the price of a coin. At the last coin show, I overheard others wheeling and dealing, but I just paid whatever price was being asked. Should I try to haggle over price at the show tomorrow? </p><p><br /></p><p>I have made myself aware of the different grades of coins, but I would not be able to differentiate among the grades of mint state coins, I can't tell the difference from an MS63 and an MS65, but I know the difference in price between the grades could be quite significant. </p><p><br /></p><p>I am also not real clear on what I should use to determine the fair price once I agree on the grade of the coin. I've been reading the prices shown in the Red Book, "Coin Values" magazine and "Coins" magazine. However, all three of these publication vary a great deal in the prices. I've been focusing on learning the prices of Franklin half dollars. </p><p><br /></p><p>I've done some reading online and came across an article that says one should not pay the asking price, but try for maybe 10% to 20% above the Grey Sheet. I do not have a copy of the Grey Sheet and I am not confident enough in my knowledge to try to haggle with someone who has made this his or her profession. </p><p><br /></p><p>Any advice you care to offer is welcome. I thought that what I'd do is stick with slab coins that have been graded by PCGS or NGC for coins that to me are big purchases, and just not worry too much about the prices I pay for everything else.[/QUOTE]</p><p><br /></p>
[QUOTE="JDS, post: 697510, member: 20515"]I am attending a coin show tomorrow with about 40 tables and I'm looking forward to making a good amount of purchases. This is just my second coin show and I have a question about what is expected in the way of haggling over the price of a coin. At the last coin show, I overheard others wheeling and dealing, but I just paid whatever price was being asked. Should I try to haggle over price at the show tomorrow? I have made myself aware of the different grades of coins, but I would not be able to differentiate among the grades of mint state coins, I can't tell the difference from an MS63 and an MS65, but I know the difference in price between the grades could be quite significant. I am also not real clear on what I should use to determine the fair price once I agree on the grade of the coin. I've been reading the prices shown in the Red Book, "Coin Values" magazine and "Coins" magazine. However, all three of these publication vary a great deal in the prices. I've been focusing on learning the prices of Franklin half dollars. I've done some reading online and came across an article that says one should not pay the asking price, but try for maybe 10% to 20% above the Grey Sheet. I do not have a copy of the Grey Sheet and I am not confident enough in my knowledge to try to haggle with someone who has made this his or her profession. Any advice you care to offer is welcome. I thought that what I'd do is stick with slab coins that have been graded by PCGS or NGC for coins that to me are big purchases, and just not worry too much about the prices I pay for everything else.[/QUOTE]
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