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<p>[QUOTE="John Burgess, post: 8077355, member: 105098"]my opinion, all the price guides are terrible and out of date before they are printed. and so are auctions and ebay listings skewed by the bidding action. every coin is unique, and I think the Greysheet, which is wholesale dealer to dealer bulk, is a good price point as a start, with up to a 30% markup for retail, so anywhere between greysheet up to +30% markup could work, HOWEVER not all coins are created equal even if equally graded, and that's up to the buyer deciding where the coins falls and then the dealer could certainly price much higher than 30%, there's that, depends on their overhead and all that of course.</p><p><br /></p><p>Just spitballing but if a coin greysheets for $100, it should be priced UP TO $142.86 for retail, Now I may not like the coin at full retail, but that dealer isn't going to let it go for below greysheet usually either. this is what I'd call the "haggling window". If it's nice, or hard to come by, maybe even nicer for the grade, maybe you want to just go full retail on it or even higher. stale inventory don't make money when it's overpriced, a negotiation could be had to get it at 10% markup $111.00, or meeting in the middle for 10-20% and the dealer makes some money and moves an item.</p><p><br /></p><p>I'm not a coin dealer and everyone is different, but it does help if you know what they would pay for it to buy it at wholesale. in order to know where it should retail or know when it's retailing high, or low, if you intend on spending money on coins over the course of a year, I like the idea to buy the single issue of greysheet twice a year for $35, it might not be totally accurate in the later months, like the monthly or quarterly issues even, but it's $70 and not $120, or $270. this knowledge, heck it might even save you that money for the issues and more for you pocket by knowing where you need to be.</p><p><br /></p><p> it does give a buyer an idea of where they need to be to haggle effectively and actually get a good deal while the dealer still makes some money also. </p><p><br /></p><p>Just my opinion on it though, I used ebay and auction listings, but they are just all over the place and not really representative of the actual market but more representative of the "gotta have it now, and gotta win the auction" market. redbook and sites, just miss the mark completely. Just my 2 cents.[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 8077355, member: 105098"]my opinion, all the price guides are terrible and out of date before they are printed. and so are auctions and ebay listings skewed by the bidding action. every coin is unique, and I think the Greysheet, which is wholesale dealer to dealer bulk, is a good price point as a start, with up to a 30% markup for retail, so anywhere between greysheet up to +30% markup could work, HOWEVER not all coins are created equal even if equally graded, and that's up to the buyer deciding where the coins falls and then the dealer could certainly price much higher than 30%, there's that, depends on their overhead and all that of course. Just spitballing but if a coin greysheets for $100, it should be priced UP TO $142.86 for retail, Now I may not like the coin at full retail, but that dealer isn't going to let it go for below greysheet usually either. this is what I'd call the "haggling window". If it's nice, or hard to come by, maybe even nicer for the grade, maybe you want to just go full retail on it or even higher. stale inventory don't make money when it's overpriced, a negotiation could be had to get it at 10% markup $111.00, or meeting in the middle for 10-20% and the dealer makes some money and moves an item. I'm not a coin dealer and everyone is different, but it does help if you know what they would pay for it to buy it at wholesale. in order to know where it should retail or know when it's retailing high, or low, if you intend on spending money on coins over the course of a year, I like the idea to buy the single issue of greysheet twice a year for $35, it might not be totally accurate in the later months, like the monthly or quarterly issues even, but it's $70 and not $120, or $270. this knowledge, heck it might even save you that money for the issues and more for you pocket by knowing where you need to be. it does give a buyer an idea of where they need to be to haggle effectively and actually get a good deal while the dealer still makes some money also. Just my opinion on it though, I used ebay and auction listings, but they are just all over the place and not really representative of the actual market but more representative of the "gotta have it now, and gotta win the auction" market. redbook and sites, just miss the mark completely. Just my 2 cents.[/QUOTE]
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