Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Do you find this toning distracting and what would you pay for it?
>
Reply to Thread
Message:
<p>[QUOTE="physics-fan3.14, post: 2536128, member: 19165"]I'm not sure what your goals are in the hobby, so you can correct me if I make any bad assumptions. However, if you are buying coins in order to sell them and make a profit, Ebay is *absolutely* not the place to do that. On Ebay, you will generally pay full retail and then some. You need to find coins at a wholesale price, or buy them at a price where you can make a profit. Buy low, sell high is the only way for an investor/dealer to make money. In this example, you've already *paid* for the color bump, trying to increase the price further isn't probably realistic. </p><p><br /></p><p>However, if you are buying the coin because you like it, you hold it for a while, and then it is time to move on and decide to sell it - don't necessarily insist on making a profit (or even recovering everything you have in it). You won't always recover your money, and that's just life. Smart buying, holding for a long period, and smart selling will increase your odds of making money - but that isn't the primary goal for collectors. </p><p><br /></p><p>Of course, when we are talking about large sums of money then it is only prudent to try to get the best prices we can (both buying and selling). The difference is for an investor this is the primary goal, for the collector this is secondary.[/QUOTE]</p><p><br /></p>
[QUOTE="physics-fan3.14, post: 2536128, member: 19165"]I'm not sure what your goals are in the hobby, so you can correct me if I make any bad assumptions. However, if you are buying coins in order to sell them and make a profit, Ebay is *absolutely* not the place to do that. On Ebay, you will generally pay full retail and then some. You need to find coins at a wholesale price, or buy them at a price where you can make a profit. Buy low, sell high is the only way for an investor/dealer to make money. In this example, you've already *paid* for the color bump, trying to increase the price further isn't probably realistic. However, if you are buying the coin because you like it, you hold it for a while, and then it is time to move on and decide to sell it - don't necessarily insist on making a profit (or even recovering everything you have in it). You won't always recover your money, and that's just life. Smart buying, holding for a long period, and smart selling will increase your odds of making money - but that isn't the primary goal for collectors. Of course, when we are talking about large sums of money then it is only prudent to try to get the best prices we can (both buying and selling). The difference is for an investor this is the primary goal, for the collector this is secondary.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Do you find this toning distracting and what would you pay for it?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...