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<p>[QUOTE=&quot;Vess1, post: 1547139, member: 13650&quot;]As I have said in the past, I&#039;m a coin hoarder like many here.&nbsp;&nbsp; I have a hoarder mentality when it comes to coins.&nbsp;&nbsp; Once in a while, a new expensive toy catches my eye and the best way to obtain said toy is to liquidate a few things and just get it over with.&nbsp; Then it&#039;s like trading one toy for another without cutting into my paycheck.&nbsp; Then I don&#039;t get in trouble!&nbsp;&nbsp; But when it comes to selling coins, I always have an excuse over why one coin or another is &quot;sacred&quot; and can&#039;t be sold.&nbsp; I have a long list of excuses.&nbsp; &nbsp; </p><p><br /></p><p>&nbsp; Anyway, others have mentioned on here, it is good for anyone who regularly buys coins to also sell once in a while in order to get a real &quot;feel&quot; for what things should sell for.&nbsp; Especially if you&#039;re going to use ebay.&nbsp;&nbsp; If anyone here has never tried selling, you might be shocked at what it&#039;s like.&nbsp; Let me just say we are fortunate there are as many sellers left there as there are. </p><p><br /></p><p>&nbsp;&nbsp; It is not fun being a seller.&nbsp; &nbsp; People are rude.&nbsp; People are CHEAP.&nbsp; They expect perfection.&nbsp; They expect the World from you.&nbsp; Once they buy they think they own you.&nbsp; Everything is taken for granted.&nbsp;&nbsp; They don&#039;t care that you are losing a total of 12% of the sale back to ebay and paypal.&nbsp; They don&#039;t care that you are also losing shipping out of the sale.&nbsp;&nbsp; They just want to buy that coin as cheaply as possible.&nbsp;&nbsp; Once you pay everybody for their services, and ship away your beautiful coin, you almost feel violated.&nbsp;&nbsp; It feels like you&#039;ve been robbed.&nbsp;&nbsp; You feel like you may as well have just saved the coin like you originally intended to.&nbsp; lol&nbsp; </p><p><br /></p><p>&nbsp; I&#039;ve also learned that you almost always get burned on buy it nows.&nbsp;&nbsp; I&#039;ve convinced myself before that a buy it now was a fair price.&nbsp; &nbsp; A couple years ago,&nbsp; I paid $290 for a coin.&nbsp; Some of that went to shipping of course.&nbsp; I listed it the other day, willing to take a loss on it just to liquidate and recoup some cash.&nbsp; I conceded.&nbsp;&nbsp; I set a reserve on it of $260.&nbsp; &nbsp; Now keep in mind!&nbsp; If it sells at $260, after fees and shipping/insurance you&#039;re left with about $220.&nbsp; &nbsp; So I went in WILLING to lose $70 on the coin.&nbsp; Even though I&#039;ve held on to it for a few years.&nbsp; &nbsp;&nbsp; </p><p><br /></p><p>&nbsp; It was bid up to $212 and ended without meeting the reserve.&nbsp; lol&nbsp; &nbsp; Ok screw it.&nbsp;&nbsp; It&#039;s going back in the box.&nbsp;&nbsp; I&#039;m not that desperate. </p><p><br /></p><p>&nbsp; Then, some of you may have noticed I tried selling my MS Franklin half set.&nbsp; Kind of wanted to sell, kind of didn&#039;t, but I felt if I got a fair price for them, I could let it go.&nbsp;&nbsp; AGAIN, I conceded that I will give people a break.&nbsp; I won&#039;t try to get the full cash value out that I had in it, which was well recorded.&nbsp;&nbsp; Selling a set is NOT fun.&nbsp; Even though, that is what many people here are trying to do as a goal.&nbsp; Putting sets together.&nbsp;&nbsp; There should be a premium on a full set because of the work involved.&nbsp; Instead, there&#039;s a huge discount!&nbsp;&nbsp; Because they get too expensive.&nbsp; Nobody has the money and people tend to work on their own sets one coin at a time so it&#039;s affordable.&nbsp; Take this into account if you are building a set. </p><p><br /></p><p>&nbsp; Over several years I carefully put that set together.&nbsp; It was a lot of driving around.&nbsp; A lot of time.&nbsp; It&#039;s a pretty premium set.&nbsp;&nbsp; It cost me over a grand to do it.&nbsp; 7 of the 38 coins were over $50.&nbsp;&nbsp; But I was like ok, AGAIN, I will give someone a break.&nbsp; Buy it cheap, I&#039;ll just liquidate it.&nbsp;&nbsp; Put a buy it now of $800 on it or best offer.&nbsp;&nbsp; After fees, you absolutely get hammered.&nbsp;&nbsp; If somebody graciously went with the buy it now, this was a $380 LOSS to me.&nbsp; MELT VALUE of the #$%# set is $500!!&nbsp; A beat up worn set would have to go for $500.&nbsp; &nbsp; One person offered $600.&nbsp;&nbsp; So if I was willing to lose $560, I could have sold the set.&nbsp;&nbsp; I gave up again.&nbsp; There&#039;s no way.&nbsp; &nbsp; &nbsp; </p><p><br /></p><p>&nbsp; I spent a lot of time buying coins over the years expecting the dollar value to at least maintain.&nbsp; When I go to sell something, I expect to at least break even.&nbsp; That&#039;s all I want.&nbsp; If I want a quick sell, I&#039;m willing to lose a little.&nbsp;&nbsp; Anything popular seems to maintain a good, known value.&nbsp; But anything even a little off the beaten path, you might get a rude awakening if you go to sell right now. </p><p><br /></p><p>&nbsp;&nbsp;&nbsp; Moral of the story.&nbsp; Don&#039;t blow the farm on coins.&nbsp; &nbsp;&nbsp; As a buyer, you are in a bubble. Oblivious to and unaffected by whats going on with the market or what other people will pay for something.&nbsp; As a seller, you are at the mercy of the market.&nbsp; Then, the real market matters.[/QUOTE]</p><p><br /></p>

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