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<p>[QUOTE="Juan Blanco, post: 1572600, member: 41665"]imrich-</p><p>Thanks for your very informative post! I'd like to know more about this niche area of CL - is there a CoinTalk thread already, or could you please elaborate?</p><p><br /></p><p><br /></p><p><br /></p><p>From a high-ticket seller, that's a gratuitously self-serving comment if ever there was one. As grandma warned: 'he would say that' right? Case-in-point: the Ask <u>here</u> was $2,500. The fact this operator leapt at 'Best Offer' $1,400. proves otherwise. As always, <i>caveat emptor</i>.</p><p><br /></p><p>And here's the perfect example where a solid relationship with an informed LCS can help. ASK THEM 'what its worth' to pro Buyers. If they value your business and like you, they'll help & give you THE NUMBER you seek.</p><p><br /></p><p>I have a question: why would any collector "want" to buy both '1879 S MS64 PL' and '1879 S MS65' ? I can grasp the concept of buying <i>different </i>varietals or <i>rarer </i>duplicates, but buying redundant 'very common date' Morgans? So I suppose that two (2) coins (say, ~12% of the bulk purchase) are superfluous, left to sell or trade at a possible or likely loss, later. That discounts the collection slightly, IMO.</p><p><br /></p><p><a href="http://www.ngccoin.com/poplookup/NumismediaPrice-History.aspx?c=17092&g=65" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ngccoin.com/poplookup/NumismediaPrice-History.aspx?c=17092&g=65" rel="nofollow">http://www.ngccoin.com/poplookup/NumismediaPrice-History.aspx?c=17092&g=65</a></p><p><a href="http://www.ngccoin.com/poplookup/NumismediaPrice-History.aspx?c=17093&g=64" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ngccoin.com/poplookup/NumismediaPrice-History.aspx?c=17093&g=64" rel="nofollow">http://www.ngccoin.com/poplookup/NumismediaPrice-History.aspx?c=17093&g=64</a></p><p><a href="http://www.pcgscoinfacts.com/Coin/Detail/7093?redir=t" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgscoinfacts.com/Coin/Detail/7093?redir=t" rel="nofollow">http://www.pcgscoinfacts.com/Coin/Detail/7093?redir=t</a></p><p><br /></p><p>That last link is marginally informative. The "Price Guide" is at least ~20% overvalued to mkt, but I also see ebay auctions for <i>as little as 89% - 122% over Spot </i>(at intrinsic: $66 @ 27.81) for "1879S MS64 PL". It appears the coinflator PCGS site isn't including 'low auctions, Sold' now eh? LOL "and they would do that" too. </p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2F1879-S-Morgan-Silver-Dollar-PCGS-MS64-Proof-Like-GEM-BU-%2F190734649247" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2F1879-S-Morgan-Silver-Dollar-PCGS-MS64-Proof-Like-GEM-BU-%2F190734649247" rel="nofollow">http://www.ebay.com/itm/1879-S-Morgan-Silver-Dollar-PCGS-MS64-Proof-Like-GEM-BU-/190734649247</a></p><p><br /></p><p>To win common date Morgan auctions for the ~MS64 PL grade, a max bid <i>150% premium over spot </i>(@intrinsic) looks like a fair/successful metric for eBay or Teletrade wins. For CL, net 15% accordingly. </p><p>Liekwise, "Price Guide" rates look extravagant or decidely poor-value for <i>value-investors</i>. </p><p><br /></p><p>I'd replace my 'round guess' above with a fair price estimate of <b>$1,225.</b> = 12x (115% POS @ $32.16) = $ 76.83/per + $300 for the rare date 7TF Rev'79 .... so $1,300 (OP's offer) remains fair at the moment, without any consideration for the POS downside. </p><p><br /></p><p>Silver is more volatile than Gold. Because I suppose a -15% retrace in Au (10/4/2012) is a distinct possibility, a -25% downside for Ag (POS $34.71> $26.) must be assumed. Knowing that risk, do you lower your bid? Each to his/her own.[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1572600, member: 41665"]imrich- Thanks for your very informative post! I'd like to know more about this niche area of CL - is there a CoinTalk thread already, or could you please elaborate? From a high-ticket seller, that's a gratuitously self-serving comment if ever there was one. As grandma warned: 'he would say that' right? Case-in-point: the Ask [U]here[/U] was $2,500. The fact this operator leapt at 'Best Offer' $1,400. proves otherwise. As always, [I]caveat emptor[/I]. And here's the perfect example where a solid relationship with an informed LCS can help. ASK THEM 'what its worth' to pro Buyers. If they value your business and like you, they'll help & give you THE NUMBER you seek. I have a question: why would any collector "want" to buy both '1879 S MS64 PL' and '1879 S MS65' ? I can grasp the concept of buying [I]different [/I]varietals or [I]rarer [/I]duplicates, but buying redundant 'very common date' Morgans? So I suppose that two (2) coins (say, ~12% of the bulk purchase) are superfluous, left to sell or trade at a possible or likely loss, later. That discounts the collection slightly, IMO. [URL]http://www.ngccoin.com/poplookup/NumismediaPrice-History.aspx?c=17092&g=65[/URL] [URL]http://www.ngccoin.com/poplookup/NumismediaPrice-History.aspx?c=17093&g=64[/URL] [URL]http://www.pcgscoinfacts.com/Coin/Detail/7093?redir=t[/URL] That last link is marginally informative. The "Price Guide" is at least ~20% overvalued to mkt, but I also see ebay auctions for [I]as little as 89% - 122% over Spot [/I](at intrinsic: $66 @ 27.81) for "1879S MS64 PL". It appears the coinflator PCGS site isn't including 'low auctions, Sold' now eh? LOL "and they would do that" too. [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2F1879-S-Morgan-Silver-Dollar-PCGS-MS64-Proof-Like-GEM-BU-%2F190734649247"]http://www.ebay.com/itm/1879-S-Morgan-Silver-Dollar-PCGS-MS64-Proof-Like-GEM-BU-/190734649247[/URL] To win common date Morgan auctions for the ~MS64 PL grade, a max bid [I]150% premium over spot [/I](@intrinsic) looks like a fair/successful metric for eBay or Teletrade wins. For CL, net 15% accordingly. Liekwise, "Price Guide" rates look extravagant or decidely poor-value for [I]value-investors[/I]. I'd replace my 'round guess' above with a fair price estimate of [B]$1,225.[/B] = 12x (115% POS @ $32.16) = $ 76.83/per + $300 for the rare date 7TF Rev'79 .... so $1,300 (OP's offer) remains fair at the moment, without any consideration for the POS downside. Silver is more volatile than Gold. Because I suppose a -15% retrace in Au (10/4/2012) is a distinct possibility, a -25% downside for Ag (POS $34.71> $26.) must be assumed. Knowing that risk, do you lower your bid? Each to his/her own.[/QUOTE]
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