Reply to Thread

Message:: [QUOTE="akajcw95, post: 1449218, member: 19760"]Here's the story that happened to me last weekend at a local coin show: I was set up as a dealer as usual at a local show a couple hours away. I always, before the show starts, look around at other dealers booth. I stopped at an elderly dealer (let's call him Dan) booth that I usually buy from. I bought a couple of morgan dollars at decent prices but thats about it. I thanked him and said I'd be back later. Later I went back to his booth and saw a Consitution Dollar (1987 Proof) without box or coa, but still a nice silver coin. I asked him how much and he said let me think and get back to you. He later stopped at my table and said how about $15.00 for it. At the time that price was about $7.00 under the scap value of the coin itself. I thought for a moment and said "Dan I can't do $15.00, I can do $20.00". He said okay and let me have it for $20.00 which is still a great price. Later that day I sold it for $23.50 ($1.00 over melt). So my question to everyone is, do you think I did the right thing by offering a higher price, or should I have accepted his offer? What would do you in this situation as well. Thanks![/QUOTE]