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<p>[QUOTE="cerdsalicious, post: 841031, member: 22135"]Hmmh let me get this dealers contact. I am in the market for bags of UNC morgans.</p><p>I wouldnt say I have a basement full of them but I have a little over 30, 7CC, 15S. Some of them would fetch a couple million for the bag.</p><p> </p><p>Regardless referring to the Flying eagle cents bag are you reffering to the $25 bag???</p><p> </p><p> </p><p>On the dealer note, you need to know what your customers will buy, have a specialty for certain coins (Mine are CC morgans, S morgans, and 3 cent nickels). Also most of your money comes from smaller sales. Dont be afraid to buy some semi key coins, you sell them more often and get them more often with larger margins, than key dates.</p><p>Also invest your money wisely.</p><p>I started selling coins 8 years ago when I was 12, I started by selling dateless buffaloes and wheat cents, today I own Mint UNC bags of morgans for my own collection. Start small go big. Also dealing is a constantly learning experience, keep reading up, numismatic news occurs quite frequently. Price changes occur, and always keep all the proper equipment. </p><p>Dont be afraid to sell to other dealers, if you can liquidate a collection within two-three weeks to other dealers on 10% margin, where as it may take 3 months to regular customers at 15-20%. then obviously go for the quick sale, keep your cash loose and not tied up, you never know hwen you will make that life changing purchase or purchases.[/QUOTE]</p><p><br /></p>
[QUOTE="cerdsalicious, post: 841031, member: 22135"]Hmmh let me get this dealers contact. I am in the market for bags of UNC morgans. I wouldnt say I have a basement full of them but I have a little over 30, 7CC, 15S. Some of them would fetch a couple million for the bag. Regardless referring to the Flying eagle cents bag are you reffering to the $25 bag??? On the dealer note, you need to know what your customers will buy, have a specialty for certain coins (Mine are CC morgans, S morgans, and 3 cent nickels). Also most of your money comes from smaller sales. Dont be afraid to buy some semi key coins, you sell them more often and get them more often with larger margins, than key dates. Also invest your money wisely. I started selling coins 8 years ago when I was 12, I started by selling dateless buffaloes and wheat cents, today I own Mint UNC bags of morgans for my own collection. Start small go big. Also dealing is a constantly learning experience, keep reading up, numismatic news occurs quite frequently. Price changes occur, and always keep all the proper equipment. Dont be afraid to sell to other dealers, if you can liquidate a collection within two-three weeks to other dealers on 10% margin, where as it may take 3 months to regular customers at 15-20%. then obviously go for the quick sale, keep your cash loose and not tied up, you never know hwen you will make that life changing purchase or purchases.[/QUOTE]
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