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<p>[QUOTE="BooksB4Coins, post: 1871051, member: 36230"]First, the suggestion given by TomB is worth serious consideration. The only thing I would add is that unless quite confident in your grading abilities, you may want to have a trusted individual (as opposed to generic forum opinions) screen the coins before submitting them.</p><p><br /></p><p>Now, in response to the above, this is a question that you must answer yourself. Are you willing to take the time to find someone willing to buy and pay what you feel is top dollar? Are you willing to take on any risks associated with doing so?</p><p><br /></p><p>Without knowing a reasonable average retail/wholesale value for your coins, you’re in a tough situation. If, and I hope this isn’t the case, you’ve overpaid and/or have been duped into buying problems, chances are that you’re going to have a tough pill to swallow no matter how you sell, but if at least some of the coins are solid (and again depending on the price/prices paid) it may be easiest to sell to a dealer, especially if you’re buying from him, instead of dealing with the hassle of selling yourself. Regardless… if you’re going coin shopping and wish to liquidate your present collection, there is no reason to make a decision ahead of time. Take the coins with you and see what happens. If you cannot get a price you can live with, the opinion of trying to get it on your own is always there.</p><p><br /></p><p>It should go without saying that if you’re going to be visiting numerous dealers, it may be worth shopping around. It is not uncommon for one guy to be willing to pay $X for a coin while another guy will offer a different price altogether. However, if you find something in a shop you just have to have, I wouldn’t walk away from it, especially if the guy is willing to buy your coins at an acceptable price with the hopes that someone may pay a little more. While I certainly cannot say for sure, my impression is that you’re probably going to have to eat a loss larger than what you’re expecting, but this often is part of the hobby and learning experience. Sometimes it is best to just accept it and get out from underneath mistakes when the opportunity presents itself.</p><p><br /></p><p>If Morgans are what you’re after, consider picking up a CDN weekly before going on your trip. With such coins, it is a decent guide and starting point as long as you understand that not all dealers are willing to sell at or based on the listed values. Some will and some won’t, but you’re better off knowing the bid/ask in case you come across the guy that wants trends for every widget in his store.</p><p><br /></p><p>Another thing you may want to consider is buying only CAC examples. Morgans, including CCs, are in reality as types/dates quite common and there are an abundance of questionably graded specimens available at all times. CAC, while not perfect, can offer both added value and a level of confidence to collectors that have not yet honed their grading skills and/or developed their own set of standards (among other benefits). CAC coins often cost more, but generally speaking, as long as it is not extreme, the little extra can be money well spent.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 1871051, member: 36230"]First, the suggestion given by TomB is worth serious consideration. The only thing I would add is that unless quite confident in your grading abilities, you may want to have a trusted individual (as opposed to generic forum opinions) screen the coins before submitting them. Now, in response to the above, this is a question that you must answer yourself. Are you willing to take the time to find someone willing to buy and pay what you feel is top dollar? Are you willing to take on any risks associated with doing so? Without knowing a reasonable average retail/wholesale value for your coins, you’re in a tough situation. If, and I hope this isn’t the case, you’ve overpaid and/or have been duped into buying problems, chances are that you’re going to have a tough pill to swallow no matter how you sell, but if at least some of the coins are solid (and again depending on the price/prices paid) it may be easiest to sell to a dealer, especially if you’re buying from him, instead of dealing with the hassle of selling yourself. Regardless… if you’re going coin shopping and wish to liquidate your present collection, there is no reason to make a decision ahead of time. Take the coins with you and see what happens. If you cannot get a price you can live with, the opinion of trying to get it on your own is always there. It should go without saying that if you’re going to be visiting numerous dealers, it may be worth shopping around. It is not uncommon for one guy to be willing to pay $X for a coin while another guy will offer a different price altogether. However, if you find something in a shop you just have to have, I wouldn’t walk away from it, especially if the guy is willing to buy your coins at an acceptable price with the hopes that someone may pay a little more. While I certainly cannot say for sure, my impression is that you’re probably going to have to eat a loss larger than what you’re expecting, but this often is part of the hobby and learning experience. Sometimes it is best to just accept it and get out from underneath mistakes when the opportunity presents itself. If Morgans are what you’re after, consider picking up a CDN weekly before going on your trip. With such coins, it is a decent guide and starting point as long as you understand that not all dealers are willing to sell at or based on the listed values. Some will and some won’t, but you’re better off knowing the bid/ask in case you come across the guy that wants trends for every widget in his store. Another thing you may want to consider is buying only CAC examples. Morgans, including CCs, are in reality as types/dates quite common and there are an abundance of questionably graded specimens available at all times. CAC, while not perfect, can offer both added value and a level of confidence to collectors that have not yet honed their grading skills and/or developed their own set of standards (among other benefits). CAC coins often cost more, but generally speaking, as long as it is not extreme, the little extra can be money well spent.[/QUOTE]
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Determining Value of RAW Carson City Morgans
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