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Message:: [QUOTE="Lord Geoff, post: 1835412, member: 42001"]My inclination of what is going on here is there's lots of different price levels here. In order from lowest to highest:Ripoff prices, which the OP was offered and most would scoff at.Fair prices, which the OP was probably offered and scoffed at.The price the OP expects to get and would accept although he wouldn't be thrilled at.The price the OP would like to get, or probably thought he would get before he started this escapade.Book prices. I think the major problem here is the book prices.  New coin person opens book, sees $X, figures ok I can sell for $X minus 10-15%.  Sweet I've got like $X on my hands!  In reality, they don't realize that coins are often really worth around 40-70% of book prices.  And that dealers aren't going to offer 90% of whatever that price is.  And that doesn't even account for the general overgrading by new collectors. Very very similar to sports cards back in the day.  You'd buy a card from a dealer at $2.50, Beckett said it was worth $2.50.  Take it to another dealer to sell, and you'd get offered $.50 if that.  That's the nature of a collectibles business where the items being sold don't have any intrinsic value.  The price is based merely on demand and since dealers can't create or count on it, they can't afford to give 80% of "book."[/QUOTE]