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<p>[QUOTE="The Half Dime, post: 25259633, member: 153164"]A lot of them that don't sell anything are the ones who, sadly, think that their common coins are worth a lot of money. With me, there's times I really want to sell stuff, which is why I'll price items quite low. I don't hold onto it thinking its value is gonna skyrocket in the next few years; unfortunately that is the case with a lot of these new collectors. Here's a scenario:</p><p><br /></p><p>A collector has a stash of clad half dollars, and after looking them up and a place saying they could be worth as much as $15, he wants to sell them for $15 because he says they're worth it. He also has overpriced Ikes, SBAs, and "gold" dollars, all of which are circulated and worth little over face. Other coins include a low-grade Barber dime for $25, as he says it's XF (the average collector can tell it's an AG), an 1875-CC dime for $300 (he says it's worth every penny because it's from Carson City, when it's truly tied with 1876 10C for most affordable CC coin, and I've gotten one for $10 in the same condition). He also has Buffalo nickels, Indian Head cents, and wheat cents, which are all overpriced. After selling nothing, he wonders why, and after buying a copy of the Greysheet, he realizes that many of his coins are ones that should literally be turned back into the bank.</p><p><br /></p><p>I have actually seen something along the lines of this. A vendor in a flea market in eastern Kentucky wanted $3 for half dollars (clad, of course), when you could spend a better $3 giving your mom the scare of her life in a roller coaster simulator at the mall. Buffalo nickels were $2 each (most were dateless), uncirculated clad Roosevelts were $6 (I've gotten better looking coins from the laundromat) and a circulated PDS set of steel cents was $30. I can get that for 30 <b>cents </b>at my local coin shop.</p><p><br /></p><p>When I'm selling coins, the Greysheet goes out the window. I try to offer the best prices on coins, like $1.25 for war nickels (at my coin club, I've sold 24 in the past 2 months), and slabbed coins at lower prices. I think once someone gets familiar with collecting rarer stuff, they will too.[/QUOTE]</p><p><br /></p>
[QUOTE="The Half Dime, post: 25259633, member: 153164"]A lot of them that don't sell anything are the ones who, sadly, think that their common coins are worth a lot of money. With me, there's times I really want to sell stuff, which is why I'll price items quite low. I don't hold onto it thinking its value is gonna skyrocket in the next few years; unfortunately that is the case with a lot of these new collectors. Here's a scenario: A collector has a stash of clad half dollars, and after looking them up and a place saying they could be worth as much as $15, he wants to sell them for $15 because he says they're worth it. He also has overpriced Ikes, SBAs, and "gold" dollars, all of which are circulated and worth little over face. Other coins include a low-grade Barber dime for $25, as he says it's XF (the average collector can tell it's an AG), an 1875-CC dime for $300 (he says it's worth every penny because it's from Carson City, when it's truly tied with 1876 10C for most affordable CC coin, and I've gotten one for $10 in the same condition). He also has Buffalo nickels, Indian Head cents, and wheat cents, which are all overpriced. After selling nothing, he wonders why, and after buying a copy of the Greysheet, he realizes that many of his coins are ones that should literally be turned back into the bank. I have actually seen something along the lines of this. A vendor in a flea market in eastern Kentucky wanted $3 for half dollars (clad, of course), when you could spend a better $3 giving your mom the scare of her life in a roller coaster simulator at the mall. Buffalo nickels were $2 each (most were dateless), uncirculated clad Roosevelts were $6 (I've gotten better looking coins from the laundromat) and a circulated PDS set of steel cents was $30. I can get that for 30 [B]cents [/B]at my local coin shop. When I'm selling coins, the Greysheet goes out the window. I try to offer the best prices on coins, like $1.25 for war nickels (at my coin club, I've sold 24 in the past 2 months), and slabbed coins at lower prices. I think once someone gets familiar with collecting rarer stuff, they will too.[/QUOTE]
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