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<p>[QUOTE="Detecto92, post: 1798422, member: 75105"]People will not pay $20 to have just one coin graded. </p><p><br /></p><p>This service primarily is geared for people who do not know about coins.</p><p><br /></p><p>Yes, dealers DO offer free appraisals. </p><p><br /></p><p>However, I think it's quite foolish, as just about any other industry charges for appraisals. </p><p><br /></p><p>A real estate agent will not appraise your house for free, professional appraisal people will not work for free.</p><p><br /></p><p>The reason the majority of dealers offer "free appraisals", is because they are looking to buy your coins. </p><p><br /></p><p>They are not going to charge you, because they make money from the sales.</p><p><br /></p><p>But...and this is a HUGE but....to the clueless folks who were passed down a collection, there is nothing, and I mean nothing, preventing a dealer from offering you $500 on a coin worth $2,000. </p><p><br /></p><p>While MOST dealers are honest, a few are not. </p><p><br /></p><p>If you do not know coins, you can be very easily taken advantage of, this is how the "hotel buyers" thrive.</p><p><br /></p><p>However, my service is different, your under no obligation to sell. Most people who take collections into dealers are looking to sell.</p><p><br /></p><p>However, once I do an appraisal, the sender can "shop around" to see which dealer will offer the most.</p><p><br /></p><p>Since I arming the sender with prices, this totally PREVENTS them from being ripped off.</p><p><br /></p><p>They know I will not "lowball them", because they have the option of "shopping around" after I send the coins back.</p><p><br /></p><p>I can tell you one thing....If I knew nothing about coins, and was given a collection, I would happily pay $19.95 to know what things are worth.</p><p><br /></p><p>That way if the coin has been appraised at $500, and a dealer offers me $50, I can take it to another dealer, and get a better price.</p><p><br /></p><p>That's the basis of my service, providing complete price guidance to non-collectors so they have the peace of mind knowing they will not be ripped off.[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 1798422, member: 75105"]People will not pay $20 to have just one coin graded. This service primarily is geared for people who do not know about coins. Yes, dealers DO offer free appraisals. However, I think it's quite foolish, as just about any other industry charges for appraisals. A real estate agent will not appraise your house for free, professional appraisal people will not work for free. The reason the majority of dealers offer "free appraisals", is because they are looking to buy your coins. They are not going to charge you, because they make money from the sales. But...and this is a HUGE but....to the clueless folks who were passed down a collection, there is nothing, and I mean nothing, preventing a dealer from offering you $500 on a coin worth $2,000. While MOST dealers are honest, a few are not. If you do not know coins, you can be very easily taken advantage of, this is how the "hotel buyers" thrive. However, my service is different, your under no obligation to sell. Most people who take collections into dealers are looking to sell. However, once I do an appraisal, the sender can "shop around" to see which dealer will offer the most. Since I arming the sender with prices, this totally PREVENTS them from being ripped off. They know I will not "lowball them", because they have the option of "shopping around" after I send the coins back. I can tell you one thing....If I knew nothing about coins, and was given a collection, I would happily pay $19.95 to know what things are worth. That way if the coin has been appraised at $500, and a dealer offers me $50, I can take it to another dealer, and get a better price. That's the basis of my service, providing complete price guidance to non-collectors so they have the peace of mind knowing they will not be ripped off.[/QUOTE]
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