Message:

<p>[QUOTE=&quot;medoraman, post: 1344671, member: 26302&quot;]I agree you time is worth money, but so is access to buying coins. I know many dealers who give free appraisals in the situation you describe. There are two situations:</p><p><br /></p><p>1. An appraisal for heirs who wish to sell. These are bread and butter for dealers, and where they get a lot of their stock. Many dealers do these free since they are &quot;first in line&quot; to offer to purchase it.</p><p><br /></p><p>2. An appraisal for insurance purposes. This is usually done for an existing collector and just needed to insure the collection. You charge for these, since you likely will not be buying anything.</p><p><br /></p><p>This is how I understand it. Look at it this way, you get to look at a lot of cool coins, and get a chance to buy possibly. That in my book is worth your time. Btw, if it takes you very long to do it, you need to get better. Most dealers can go through a lot of US coins in a few minutes unless there is some distinctly better stuff in there. Most of the values of common material they know off the top of their head, and the little better stuff they quickly look up on the greysheet.</p><p><br /></p><p>I would let them know before you even begin the appraisal will be retail value, not what a dealer can afford to pay you for it. This way the number you give them doesn&#039;t get stuck in their head as its &quot;worth&quot;. If you tell them its worth $3000, but later on offer them $1400 for it, they immediately think you are ripping them off of $1600. Tell them, &quot;I will give you a retail value for these in a shop, but stores have a lot of expenses, so I will also give you an estimate value a dealer should be able to pay you for them&quot;. I find saying this up front tempers their expectations, and they concentrate on the &quot;dealer value&quot; more, and therefor do not think you are ripping them off with your offer.</p><p><br /></p><p>Just an opinion.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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