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<p>[QUOTE=&quot;Vess1, post: 2991869, member: 13650&quot;]Everybody pretty much nailed it.&nbsp; If you have not bought highly desirable coins and decided to sell them 5 to 10 years down the road I&#039;d encourage everyone to try it.&nbsp; It gives you an ENTIRELY new perspective.&nbsp; Until you do, you really don&#039;t know and shouldn&#039;t post opinions on it.&nbsp;&nbsp; </p><p>&nbsp; The main problems you face is that there&#039;s just so much out there chasing a relatively small amount of disposable income (in comparison.)&nbsp; AND, people are cheap!&nbsp; </p><p>&nbsp;&nbsp;&nbsp; If you use an auction site to get as much advertisement as possible, they take a huge percentage of the final sale. You&#039;re behind the 8 ball from the start.&nbsp; Then you lose money to paypal to get paid for it.&nbsp;&nbsp; Then you have to ship and insure it!&nbsp; &nbsp; I encourage everyone to try it.&nbsp; You won&#039;t be happy. </p><p>&nbsp;&nbsp; If you decide to go the quick and easy route and just go to a dealer to sell, be prepared to hear it&#039;s a slow or &quot;soft market&quot; no matter when you go or what you have.&nbsp;&nbsp; I was trying to sell a $5 Lib AU-55 with nice luster.&nbsp; 1885-S so not without a mint mark.&nbsp;&nbsp; A dealer offered me <b><u>less than melt</u></b>!&nbsp; I passed.&nbsp; This was a couple weeks ago.&nbsp; </p><p>&nbsp; The way to make money in coins is to inherit a collection you didn&#039;t pay for.&nbsp;&nbsp; If you only hoard coins your whole life and never try to sell you never find out what things are really worth if you go to sell.&nbsp; &nbsp; I would say whatever you buy, no matter how good of a deal you think you got, assume you will lose 25 to 30% if you need to sell it.&nbsp; I was set to lose 65%(!!!) on a beautiful star graded, proof like toned Morgan till I pulled the plug and just kept it.&nbsp;&nbsp; Did I screw up that bad buying it 2 years ago?&nbsp;&nbsp; I had to negotiate the guy down to get it for what I did or I simply wouldn&#039;t have gotten it.&nbsp; It&#039;s an awesome coin.&nbsp;&nbsp; In my head it&#039;s worth &quot;X&quot;.&nbsp; On the open market it&#039;s apparently worth &quot;Y&quot; right now.&nbsp; </p><p>&nbsp; If an individual goes to sell, they want to sell it in a week or so...&nbsp;&nbsp; While dealers are content to leave a coin listed for years at the same price until somebody buys it.&nbsp; There&#039;s no breaks when you&#039;re the buyer and none when you&#039;re the seller.&nbsp;&nbsp; It&#039;s funny how that works.&nbsp; &nbsp; </p><p>&nbsp; I try not to sell much.&nbsp;&nbsp; It&#039;s just not worth it.&nbsp;&nbsp; The coin is always worth more than the cash to me.[/QUOTE]</p><p><br /></p>

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