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Message:: [QUOTE="GDJMSP, post: 1697027, member: 112"]Rarely can you ever actually do that. Think about it, if you buy a coin for $10, then what makes you think you could possibly sell it for more than $10 ? Or even the same $10 that you paid for it ? A lot of people think they are getting deals or bargains when they buy a coin. But the reality is that in most cases there are far, far more people that pay too much for a coin than there are those that get a bargain. There are very, very, few bargains in coins. Can you buy a coin at a bargain price ? Sure, but not very often. It simply doesn't happen often for a couple of reasons. 1 - the person selling the coin knows what it is really worth in most cases. And he also knows that there are enough uneducated and inexperienced collectors out there that somebody will probably over-pay for it. Many dealers make their living doing exactly that. A lot of people on ebay make a living doing exactly that. And the second reason is that there are some educated buyers out there, and they watch the market very closely. So if and when any bargain does come along it is quickly snatched up and gone before you ever see it. And then just as quickly it is often put right back on the market at an increased price. On just about any coin you can buy there is an buy and sell spread somewhere between 20% to 40% - on just about every coin. What that means is that if you buy a coin and then try to sell it that you are in most cases going to take a 20% to 40% loss. That is just a fact of life. And as collectors we must, absolutely must, recognize and be aware of that. So where can sell a coin and get "full value" ? The answer is just about anyplace. But the problem is "full value" is not what you think it is.[/QUOTE]

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