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<p>[QUOTE="Amanda Varner, post: 1828157, member: 59002"]I swear, sometimes I hate the Red Book with fiery passion -- and especially it's nickname, "The Coin Collector's Bible". </p><p><br /></p><p>(1) No one in any industry anywhere is going to pay you "full retail" for your product. Not cars, not collectibles, not real estate, nothing. <i>This is what dealers will ideally sell their product for,</i> and even that's a laughable fantasy. "Retail" doesn't really exist in the age of the internet.</p><p>(2) If you are reading a 2013 Red Book, that book was probably written in mid 2011 and started printing mid 2012. I'm making up the numbers, I don't know how early it goes into production, but I do know that we've had 2014 redbooks in our shop since at least late summer. </p><p>(3) Coins represent little investments in a <i>very fluid and ever changing market</i>. Expect things to change, and don't demand a retail price that was probably set in print 1.5 years ago.</p><p>(4) I'm not even going to touch the father and son grading bit (which is likely wildly overestimated, but let's assume it's not), but I will say this: Don't haul the entire collection around with you. Most of what you think is junk, is junk. The type of coin dealer who would want your junk is not likely to be the type who is going to be able to pay top dollar for your legit coins. Pull out the gems, the real valuable ones, and shop/research those. Take them to 10 dealers. Hell, take them to 50. If you're sure all dealers are crooks, try a <a href="http://www.pngdealers.org/find-a-png-dealer?view=browselist" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pngdealers.org/find-a-png-dealer?view=browselist" rel="nofollow">PNG dealer.</a> </p><p><br /></p><p>(5) But really, if you think you've got some true gems, take them to dealers, and let them know you're not interested in selling. Ask if it's worth it to have them graded. The dealer now has "no reason to lie to you", he's not gonna get his claws on it. Certify ones that are worth it. Now there's no dickering. Sell. Game over man, game over.[/QUOTE]</p><p><br /></p>
[QUOTE="Amanda Varner, post: 1828157, member: 59002"]I swear, sometimes I hate the Red Book with fiery passion -- and especially it's nickname, "The Coin Collector's Bible". (1) No one in any industry anywhere is going to pay you "full retail" for your product. Not cars, not collectibles, not real estate, nothing. [I]This is what dealers will ideally sell their product for,[/I] and even that's a laughable fantasy. "Retail" doesn't really exist in the age of the internet. (2) If you are reading a 2013 Red Book, that book was probably written in mid 2011 and started printing mid 2012. I'm making up the numbers, I don't know how early it goes into production, but I do know that we've had 2014 redbooks in our shop since at least late summer. (3) Coins represent little investments in a [I]very fluid and ever changing market[/I]. Expect things to change, and don't demand a retail price that was probably set in print 1.5 years ago. (4) I'm not even going to touch the father and son grading bit (which is likely wildly overestimated, but let's assume it's not), but I will say this: Don't haul the entire collection around with you. Most of what you think is junk, is junk. The type of coin dealer who would want your junk is not likely to be the type who is going to be able to pay top dollar for your legit coins. Pull out the gems, the real valuable ones, and shop/research those. Take them to 10 dealers. Hell, take them to 50. If you're sure all dealers are crooks, try a [URL='http://www.pngdealers.org/find-a-png-dealer?view=browselist']PNG dealer.[/URL] (5) But really, if you think you've got some true gems, take them to dealers, and let them know you're not interested in selling. Ask if it's worth it to have them graded. The dealer now has "no reason to lie to you", he's not gonna get his claws on it. Certify ones that are worth it. Now there's no dickering. Sell. Game over man, game over.[/QUOTE]
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