Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Frustrated by supposed price lists
>
Reply to Thread
Message:
<p>[QUOTE="BooksB4Coins, post: 2261319, member: 36230"]I read your other thread before this one and feel it's only right to point out that the $600 estimate was given by a 13 year old kid and is wholly unrealistic for the coin you now describe. With all due respect to the young man, this is a fine example of why, when giving advice, it is of absolute importance to know what you're talking about, or at least not throw out numbers until having enough information to intelligently do so.</p><p><br /></p><p>With the understanding that you're admittedly not that familiar with grading, this dealer's $300 offer isn't at all unreasonable for a well circulated 11-P. Sure, you may be able to get a little more selling on your own, but at what cost? Your time and the potential risk (loss, theft, ebay, etc) are, or at least can be, worth money. This isn't a coin that your average dealer is licking his chops over. It is common and fairly low margin material that the guy will pull a minimal profit from. The fact is that no collector in their right mind is going to pay the earlier-mentioned "mutually beneficial" $500 (other thread) for it assuming your description is indeed correct.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 2261319, member: 36230"]I read your other thread before this one and feel it's only right to point out that the $600 estimate was given by a 13 year old kid and is wholly unrealistic for the coin you now describe. With all due respect to the young man, this is a fine example of why, when giving advice, it is of absolute importance to know what you're talking about, or at least not throw out numbers until having enough information to intelligently do so. With the understanding that you're admittedly not that familiar with grading, this dealer's $300 offer isn't at all unreasonable for a well circulated 11-P. Sure, you may be able to get a little more selling on your own, but at what cost? Your time and the potential risk (loss, theft, ebay, etc) are, or at least can be, worth money. This isn't a coin that your average dealer is licking his chops over. It is common and fairly low margin material that the guy will pull a minimal profit from. The fact is that no collector in their right mind is going to pay the earlier-mentioned "mutually beneficial" $500 (other thread) for it assuming your description is indeed correct.[/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
>
Frustrated by supposed price lists
>
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...