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Coin shows, your opinion? My first impression from one: grossly overpriced coins
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<p>[QUOTE="Ed Snible, post: 2642115, member: 82322"]You go to coin shows to get experience looking at a lot of coins. Almost certainly if a dealer has three coins you want you will rank them differently in-hand than you would from online photographs. Bargains can be found. But...</p><p><br /></p><p>I have noticed dealers selling coins they bought -- the day before -- at auction for 2x the hammer price. This must be a convenience charge, or perhaps their guarantee is stronger than the auctioneers, because people buy them.</p><p><br /></p><p>I have noticed some dealers charge 10 or 25% more for coins currently listed on VCoins by that same dealer. One dealer told me it was because they have to pay for the table. If you remember the Internet price you can often negotiate for it.</p><p><br /></p><p>Many dealers buy from each other and flip the coin around. As a collector, your job is to find coins from dealers who bought wisely. Try not to fall in love with the inventory of the "tail-end Charlie" who is stuck with coins he can't sell for what he paid.[/QUOTE]</p><p><br /></p>
[QUOTE="Ed Snible, post: 2642115, member: 82322"]You go to coin shows to get experience looking at a lot of coins. Almost certainly if a dealer has three coins you want you will rank them differently in-hand than you would from online photographs. Bargains can be found. But... I have noticed dealers selling coins they bought -- the day before -- at auction for 2x the hammer price. This must be a convenience charge, or perhaps their guarantee is stronger than the auctioneers, because people buy them. I have noticed some dealers charge 10 or 25% more for coins currently listed on VCoins by that same dealer. One dealer told me it was because they have to pay for the table. If you remember the Internet price you can often negotiate for it. Many dealers buy from each other and flip the coin around. As a collector, your job is to find coins from dealers who bought wisely. Try not to fall in love with the inventory of the "tail-end Charlie" who is stuck with coins he can't sell for what he paid.[/QUOTE]
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Coin shows, your opinion? My first impression from one: grossly overpriced coins
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