Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Are rare coin values falling?
>
Reply to Thread
Message:
<p>[QUOTE="Vess1, post: 738889, member: 13650"]I've ran across a lot of coins lately on ebay that are listed at above NGC's price guide. Usually NGC is high. But I've never seen as many as I have lately that are listed above their guide. If you look around and pick your spots, there's some good deals to be had. Some you can tell just look too cheap.</p><p> </p><p> As for currency, I spoke on the phone with a well known dealer concerning a certain higher dollar (4 digit price tag) obsolete bank note they have listed. I asked if the price was negotiable. (It should be VERY negotiable.) </p><p> </p><p> I was somewhat rudely told "there is currently a 12.5% discount on notes at that price level, that that's as good as it's going to get and the discounts will be going away at the end of the year." </p><p> </p><p> I said I had noticed it and that's nice, but I mentioned that I had seen the same note sell on Heritage for between 4 to 600 in the past year and that's with a BP!! He didn't care. <b>No budging. And this is on a very uncommon, not commonly collected or known, (a.k.a hard to re-sell) type of bank note</b>. No interest in selling it. He says the market for them has nowhere to go but up and his prices are reasonable. So it looks like I won't be buying and he won't be selling. </p><p> </p><p> The economy has been in the dumps for several years. It's not easy selling anything in any hobby right now. Very very tough. The probem for consumers is, stuff can only get so cheap. If people/dealers can only sell stuff at a loss, people just won't sell. The only people selling will be the ones that are forced to and maybe a good deal could be had. </p><p> </p><p> I think something has to give. Either the economy picks up and gets better or dealers will be forced to drop prices further to move anything as this drags on. Unless they really don't need to (as my case above) and then they will just be sitting on inventory waiting for a better day.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 738889, member: 13650"]I've ran across a lot of coins lately on ebay that are listed at above NGC's price guide. Usually NGC is high. But I've never seen as many as I have lately that are listed above their guide. If you look around and pick your spots, there's some good deals to be had. Some you can tell just look too cheap. As for currency, I spoke on the phone with a well known dealer concerning a certain higher dollar (4 digit price tag) obsolete bank note they have listed. I asked if the price was negotiable. (It should be VERY negotiable.) I was somewhat rudely told "there is currently a 12.5% discount on notes at that price level, that that's as good as it's going to get and the discounts will be going away at the end of the year." I said I had noticed it and that's nice, but I mentioned that I had seen the same note sell on Heritage for between 4 to 600 in the past year and that's with a BP!! He didn't care. [B]No budging. And this is on a very uncommon, not commonly collected or known, (a.k.a hard to re-sell) type of bank note[/B]. No interest in selling it. He says the market for them has nowhere to go but up and his prices are reasonable. So it looks like I won't be buying and he won't be selling. The economy has been in the dumps for several years. It's not easy selling anything in any hobby right now. Very very tough. The probem for consumers is, stuff can only get so cheap. If people/dealers can only sell stuff at a loss, people just won't sell. The only people selling will be the ones that are forced to and maybe a good deal could be had. I think something has to give. Either the economy picks up and gets better or dealers will be forced to drop prices further to move anything as this drags on. Unless they really don't need to (as my case above) and then they will just be sitting on inventory waiting for a better day.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Are rare coin values falling?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...