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<p>[QUOTE="Barfly, post: 1834383, member: 57721"]Yes. When I priced this out, I looked up the red book value and used an auction website dedicated to coins. I used the higher of the two. I wanted to use that as a price basis because I figured I wanted to negotiate from a perspective of being able to find the best price on the best day. Yes, they are very optimistic but, I know I'm not off by a factor of ten.</p><p><br /></p><p>Actually, I had a conversation with a mentor of mine who has helped me out with past enterprises. I described my interaction at the coin show to him. He gave me a fail and gave the old man a fail. Neither one of us mentioned a number. When I was given the ultimatum, the next words out of my mouth should have been $6300. At least then, we would have been into negotiating a price. Since we never got there, both of us failed. He also told me that an acquaintance of his retired from being a coin dealer and that 6%-%10 of book value was a common offer.</p><p><br /></p><p>Unfortunately, I think it's going to be another 10,000 headaches if I want to achieve any sort of realistic dollar value out of this collection. It might just be easier to buy some binders and put it on a shelf, which is far more appealing than getting raked over by a bunch of (insert non-approved derogatory label here), like my buddy from the coin show.</p><p><br /></p><p><span style="color: #ff0000">edited</span>[/QUOTE]</p><p><br /></p>
[QUOTE="Barfly, post: 1834383, member: 57721"]Yes. When I priced this out, I looked up the red book value and used an auction website dedicated to coins. I used the higher of the two. I wanted to use that as a price basis because I figured I wanted to negotiate from a perspective of being able to find the best price on the best day. Yes, they are very optimistic but, I know I'm not off by a factor of ten. Actually, I had a conversation with a mentor of mine who has helped me out with past enterprises. I described my interaction at the coin show to him. He gave me a fail and gave the old man a fail. Neither one of us mentioned a number. When I was given the ultimatum, the next words out of my mouth should have been $6300. At least then, we would have been into negotiating a price. Since we never got there, both of us failed. He also told me that an acquaintance of his retired from being a coin dealer and that 6%-%10 of book value was a common offer. Unfortunately, I think it's going to be another 10,000 headaches if I want to achieve any sort of realistic dollar value out of this collection. It might just be easier to buy some binders and put it on a shelf, which is far more appealing than getting raked over by a bunch of (insert non-approved derogatory label here), like my buddy from the coin show. [COLOR=#ff0000]edited[/COLOR][/QUOTE]
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