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<p>[QUOTE="imrich, post: 3648437, member: 22331"]There always seems to be an opportunity for "dealing", although the opportunities have been reduced recently. Over my >half-century of "collecting", the target has always been paying a fair price for a fair product will generally result in success.</p><p><br /></p><p>The coins have changed over the years as intelligent buyers located the "sweet spot", and closed same. Until recently quality certified Double Eagles could be acquired at a "fair price", but now I'm finding "market graded" less desirable product. The technically graded product can be sold for a price above "price guides".</p><p><br /></p><p>I tried initially buying bullion coins, but found that recovering cost was difficult unless one waited for a market advance beyond acquisition price. If one learned to determine what others would want/need in the future, pre-1933 Gold or pre-1965 Silver coins could generally always be sold at a premium to cost.</p><p><br /></p><p>My Gold buy for this week was a PCGS PQ 1914S MS64+ Double Eagle cash purchase from a dealer that had held it longer than desired. My experience has been that these "sight seen" extraordinary Gold coins will usually garner a "green bean" when submitted to CAC. The resale value is generally advanced Gem grade pricing with the "bean".</p><p><br /></p><p>My deal for the day was 5 rolls of mint state various date Peace dollars off of Craigslist for cash, where we both traveled ~2 hours for a "fair deal".</p><p><br /></p><p>Since the Supreme Court opinion on sales tax collection, I no longer buy PM material on eBay, as it's expected that they will be required to submit a list (i.e. of those who haven't filed their sales tax exemption form supplied by eBay) to the appropriate State Dept. Of Revenue for tax and penalty collection. </p><p><br /></p><p>There are many opportunities for an educated open-minded individual.</p><p><br /></p><p>JMHO[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 3648437, member: 22331"]There always seems to be an opportunity for "dealing", although the opportunities have been reduced recently. Over my >half-century of "collecting", the target has always been paying a fair price for a fair product will generally result in success. The coins have changed over the years as intelligent buyers located the "sweet spot", and closed same. Until recently quality certified Double Eagles could be acquired at a "fair price", but now I'm finding "market graded" less desirable product. The technically graded product can be sold for a price above "price guides". I tried initially buying bullion coins, but found that recovering cost was difficult unless one waited for a market advance beyond acquisition price. If one learned to determine what others would want/need in the future, pre-1933 Gold or pre-1965 Silver coins could generally always be sold at a premium to cost. My Gold buy for this week was a PCGS PQ 1914S MS64+ Double Eagle cash purchase from a dealer that had held it longer than desired. My experience has been that these "sight seen" extraordinary Gold coins will usually garner a "green bean" when submitted to CAC. The resale value is generally advanced Gem grade pricing with the "bean". My deal for the day was 5 rolls of mint state various date Peace dollars off of Craigslist for cash, where we both traveled ~2 hours for a "fair deal". Since the Supreme Court opinion on sales tax collection, I no longer buy PM material on eBay, as it's expected that they will be required to submit a list (i.e. of those who haven't filed their sales tax exemption form supplied by eBay) to the appropriate State Dept. Of Revenue for tax and penalty collection. There are many opportunities for an educated open-minded individual. JMHO[/QUOTE]
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