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<p>[QUOTE="Owle, post: 2433887, member: 22004"]I see very few examples of sellers who do significant volume selling significantly below market unless they have failed to research value, trust the wrong dealers or collectors who have a selfish interest in buying cheap without telling the owners what their numismatics are really worth. I know a flea market seller who hates the internet, so he doesn't research some of the items he sells. An experienced seller has an absolute duty to know the value and grade of what he sells. 99% of the population do not know what numismatics are worth, especially if they inherit them usually from a husband/father who is incapable of speaking up....</p><p><br /></p><p>One example was an ebay seller who was totally new to the field; she had a picture of her deceased parents from whom she inherited their collection heading her ebay listings dedicating her sales to them. One coin a rare date mm $10 Indian she listed at $800, and I spoke with the guy who ripped it at that when it ended up being worth around $4K. I emailed her that she needed to do her research before selling more of her parent's collection. If people are being financially raped, those who know that should let them know how to get proper value. I have spoken to dealers who had an upset conscience after making huge windfalls after buying collections who later shared their profits with the sellers.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 2433887, member: 22004"]I see very few examples of sellers who do significant volume selling significantly below market unless they have failed to research value, trust the wrong dealers or collectors who have a selfish interest in buying cheap without telling the owners what their numismatics are really worth. I know a flea market seller who hates the internet, so he doesn't research some of the items he sells. An experienced seller has an absolute duty to know the value and grade of what he sells. 99% of the population do not know what numismatics are worth, especially if they inherit them usually from a husband/father who is incapable of speaking up.... One example was an ebay seller who was totally new to the field; she had a picture of her deceased parents from whom she inherited their collection heading her ebay listings dedicating her sales to them. One coin a rare date mm $10 Indian she listed at $800, and I spoke with the guy who ripped it at that when it ended up being worth around $4K. I emailed her that she needed to do her research before selling more of her parent's collection. If people are being financially raped, those who know that should let them know how to get proper value. I have spoken to dealers who had an upset conscience after making huge windfalls after buying collections who later shared their profits with the sellers.[/QUOTE]
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