Message:

<p>[QUOTE=&quot;LostDutchman, post: 1828471, member: 16994&quot;]There is some truth here but it honest depends on the coin... And the dealer. </p><p><br /></p><p>Raw coins... I tell my employees to be around 25% back of GS bid unless the coin has a major issue... Then net grade it and give it the same treatment. </p><p><br /></p><p>Certified coins I tell them to be at 5-15% back depending if we have a customer for the coin. There are some coins however that I have known to pay more than bid for. For example last week a customer brought in an 1885 V nickel in a PCGS MS63 holder.... TOUGH COIN... GS bid is $2650 and we paid $3k... Why? Because the coin is selling for $3,600 on heritage for a comparable example... </p><p><br /></p><p>Now I&#039;m sure that some dealers live by the sheet.... They also die from the sheets when people like me start living outside of the box. There are very few brick and mortar guys that will pay over bid on a regular basis.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in