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<p>[QUOTE="Yacorie, post: 1449902, member: 25257"]Bring a price guide with you if you know there are a bunch of coins that you might not be familiar with and then just be honest. I've been lucky enough to purchase larger lots of coins - and while none of them have resulted in me making a phenominal deal - we both always seem satisfied. Sometimes I might overpay for some stuff, and sometimes underpay but as long as both parties are happy - so be it. </p><p><br /></p><p>If you have an idea of the price or what you would be willing to pay - throw it out there. Often times I say - I'm not sure what this coin is worth but based on the condition - I'd pay XX.</p><p><br /></p><p>With everyone having computers these days - if you really wanted to you could carry a laptop or smart phone and use numismedia or some other place to get an idea. If the collection didn't belong to the person or they've had the coins for decades and don't know prices - they may be looking for your to offer some insight as to the worth.</p><p><br /></p><p>Personally I don't subscribe to the belief that sellers should know what they have or the buyer has the right to rip them off. If I know a coin is worth 500 bucks, I'm not going to offer 50 bucks just because I think I can get away with it. I've had a few instances where I told the person I couldn't buy certain coins because they were out of my league. In 2 of those cases, I'm nearly positive I could have purchased those coins for peanuts compared to the true value - but 1) I have to sleep at night and 2) that could be my family member/grandparent getting scammed and that would **** me off.[/QUOTE]</p><p><br /></p>
[QUOTE="Yacorie, post: 1449902, member: 25257"]Bring a price guide with you if you know there are a bunch of coins that you might not be familiar with and then just be honest. I've been lucky enough to purchase larger lots of coins - and while none of them have resulted in me making a phenominal deal - we both always seem satisfied. Sometimes I might overpay for some stuff, and sometimes underpay but as long as both parties are happy - so be it. If you have an idea of the price or what you would be willing to pay - throw it out there. Often times I say - I'm not sure what this coin is worth but based on the condition - I'd pay XX. With everyone having computers these days - if you really wanted to you could carry a laptop or smart phone and use numismedia or some other place to get an idea. If the collection didn't belong to the person or they've had the coins for decades and don't know prices - they may be looking for your to offer some insight as to the worth. Personally I don't subscribe to the belief that sellers should know what they have or the buyer has the right to rip them off. If I know a coin is worth 500 bucks, I'm not going to offer 50 bucks just because I think I can get away with it. I've had a few instances where I told the person I couldn't buy certain coins because they were out of my league. In 2 of those cases, I'm nearly positive I could have purchased those coins for peanuts compared to the true value - but 1) I have to sleep at night and 2) that could be my family member/grandparent getting scammed and that would **** me off.[/QUOTE]
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