Generic $20 Lib NGC MS65 - Bought non cac

Discussion in 'Coin Chat' started by Derek2200, Dec 5, 2019.

  1. Derek2200

    Derek2200 Active Member

    I bought this coin from wholesaler setup near me few months back non CAC for $2580. The coin was PQ with super luster no unattractive toning or spots. CDN bid 2700 non CAC w CAC bid is 3700. I got it caced as it was a nice PQ Coin. CAC market report MV is $4620.

    I put it out at my table a recent show priced at $4100 bid plus around 10 pct - “show special.” Goal to Move it quickly. A guy from Anaheim bought it shortly after show open. I was pleasantly surprised. So I made about $1500 flipping it.

    Comments?
     
    Last edited: Dec 5, 2019
    GoldFinger1969 likes this.
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  3. furham

    furham Good Ole Boy Supporter

    Need a picture.
     
    Jaelus likes this.
  4. Devyn5150

    Devyn5150 Music Maker Making Change

    Are you happy with your profit? Was the transaction within the realm of reality, or, rather plainly, a fair price? If the answer be yes and you sleep just fine in that knowledge then, great, good for you. If a tinge of regret or a wee thought of taking someone for a ride be, then, I hope you do better next time.
     
  5. Derek2200

    Derek2200 Active Member

    I was delighted I moved the coin quickly. The buyer got a super deal. A win win.
     
  6. Mainebill

    Mainebill Wild Bill

    Nice. Cac tough on gold and that sounds like a nice coin. Good pick and flip
     
    baseball21 likes this.
  7. green18

    green18 Sweet on Commemorative Coins Supporter

    You found the coin. You did the work. You reap the benefits of such. Nothing wrong with that.
     
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