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<p>[QUOTE="BooksB4Coins, post: 1826876, member: 36230"]That you've been to, perhaps, but eight dealers, while a decent sampling, does not make everything you've said/implied fact. You need to realize that not all dealers want to or can deal with all coins. Let's use the Anthony variety you mentioned as an example: I would not have offered to buy it, and I know many others who feel the same way. It is a variety in a very unpopular series, so unless one is an ebay seller and/or specializes in such coins, you cannot expect them to want to buy, offer what may be a fair wholesale price if sold in a retail market, or even believe that the coin has anywhere near the claimed value. This is somewhat similar to graded bullion as there are many dealers who will not pay slabbed premiums. I cannot begin to tell you how many times I've declined to make offers on such coins just for the simple fact that if I did, the person would almost certainly have taken it as an insult. I do not deny that graded bullion can and does carry sometimes significant premiums, but since I don't have a clientele interested in them, they are simply not worth it to me. The point here is market: not every dealer can or wishes to sell every type/grade/condition/variety of coin that if offered them, and even if they do, they may be slow movers or be up to their neck in similar coins, etc, etc. There are many reasons for what some see as lowball offers that have nothing to do with the dealer trying to pull a fast one or rip someone off. </p><p><br /></p><p>Another thing you need to consider is this: is your father's grading correct/acceptable, and do the coins truly possess the value you seem to think? Trying to grade by ANA guide is fine and dandy, but there is a lot more to grading that simply using that book and trying to match conditions to descriptions. I clearly do not know your father, and am in no way trying to question his abilities, but this is something you need to ask and answer for yourself. As for value, you mentioned using the red book and if placing any real weight into the listed prices, this was most certainly was a mistake as it is generally a poor value reference and often overvalues many of the more common/plentiful types, even if properly graded. As for the CDN, it too is not a bible of coin values; if any dealer paid straight bid for any coin that walked in the door, they soon would be buried in unprofitable widgets. My point here is that no guide can realistically place a value on all coins, and this is true even if it was not necessary to judge every coin individually on its merits. flaws, etc. </p><p><br /></p><p>Perhaps these dealers were of the type that try to scrounge out every cent possible when buying, but without seeing the coins, I don't know. However, there are other things and factors that you should have considered before you jump to conclusions from what appears to be your first venture into selling coins with collectible value.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 1826876, member: 36230"]That you've been to, perhaps, but eight dealers, while a decent sampling, does not make everything you've said/implied fact. You need to realize that not all dealers want to or can deal with all coins. Let's use the Anthony variety you mentioned as an example: I would not have offered to buy it, and I know many others who feel the same way. It is a variety in a very unpopular series, so unless one is an ebay seller and/or specializes in such coins, you cannot expect them to want to buy, offer what may be a fair wholesale price if sold in a retail market, or even believe that the coin has anywhere near the claimed value. This is somewhat similar to graded bullion as there are many dealers who will not pay slabbed premiums. I cannot begin to tell you how many times I've declined to make offers on such coins just for the simple fact that if I did, the person would almost certainly have taken it as an insult. I do not deny that graded bullion can and does carry sometimes significant premiums, but since I don't have a clientele interested in them, they are simply not worth it to me. The point here is market: not every dealer can or wishes to sell every type/grade/condition/variety of coin that if offered them, and even if they do, they may be slow movers or be up to their neck in similar coins, etc, etc. There are many reasons for what some see as lowball offers that have nothing to do with the dealer trying to pull a fast one or rip someone off. Another thing you need to consider is this: is your father's grading correct/acceptable, and do the coins truly possess the value you seem to think? Trying to grade by ANA guide is fine and dandy, but there is a lot more to grading that simply using that book and trying to match conditions to descriptions. I clearly do not know your father, and am in no way trying to question his abilities, but this is something you need to ask and answer for yourself. As for value, you mentioned using the red book and if placing any real weight into the listed prices, this was most certainly was a mistake as it is generally a poor value reference and often overvalues many of the more common/plentiful types, even if properly graded. As for the CDN, it too is not a bible of coin values; if any dealer paid straight bid for any coin that walked in the door, they soon would be buried in unprofitable widgets. My point here is that no guide can realistically place a value on all coins, and this is true even if it was not necessary to judge every coin individually on its merits. flaws, etc. Perhaps these dealers were of the type that try to scrounge out every cent possible when buying, but without seeing the coins, I don't know. However, there are other things and factors that you should have considered before you jump to conclusions from what appears to be your first venture into selling coins with collectible value.[/QUOTE]
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