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<p>[QUOTE="Just Carl, post: 85446, member: 4552"]I've been going to coin shows for many, many, many years and I would never pay what is marked on the coin or what the dealer first mentions. You really should get a copy of the Red Book as a guide to prices, quantity minted and qualities of coins. Also, search the net for coin price lists such as on the PCGS web site. Print out such a price list before you go the a coin show so you'll have an ideal of what a coin is worth. My experience around here is the price of coins is also dependant on the dealers cost for the spot at the show, his transportation to get there and if coming from a great distance, an overknight stay at a motel. Then there is the cost of food and drinks for the dealer that also is a factor on his prices. With this in mind attempting to drop the price excessively can really make a dealer feel insulted. This will not help you in a negotiation with them. However, never pay an outragious price just because of the dealers expenses. At one of the coin shows I frequent around here there is one dealer I USED to buy from. His price of one coin I wanted started to go up by hundreds at each show. I asked him about why and he tried to tell me it was a different coin. I mentioned you just lost me as a customer forever. I purposely bought a few coins from a dealer across from him just to irritate him. Coin shows are like flea markets, garage and yard sales where there usually is no manufacturers suggested price on the items so coins are price and demand. You will pay what you will pay.[/QUOTE]</p><p><br /></p>
[QUOTE="Just Carl, post: 85446, member: 4552"]I've been going to coin shows for many, many, many years and I would never pay what is marked on the coin or what the dealer first mentions. You really should get a copy of the Red Book as a guide to prices, quantity minted and qualities of coins. Also, search the net for coin price lists such as on the PCGS web site. Print out such a price list before you go the a coin show so you'll have an ideal of what a coin is worth. My experience around here is the price of coins is also dependant on the dealers cost for the spot at the show, his transportation to get there and if coming from a great distance, an overknight stay at a motel. Then there is the cost of food and drinks for the dealer that also is a factor on his prices. With this in mind attempting to drop the price excessively can really make a dealer feel insulted. This will not help you in a negotiation with them. However, never pay an outragious price just because of the dealers expenses. At one of the coin shows I frequent around here there is one dealer I USED to buy from. His price of one coin I wanted started to go up by hundreds at each show. I asked him about why and he tried to tell me it was a different coin. I mentioned you just lost me as a customer forever. I purposely bought a few coins from a dealer across from him just to irritate him. Coin shows are like flea markets, garage and yard sales where there usually is no manufacturers suggested price on the items so coins are price and demand. You will pay what you will pay.[/QUOTE]
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