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Grandpop gave me a bag of coins!
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<p>[QUOTE="GDJMSP, post: 8115161, member: 112"]And I understand that, and I don't disagree with it - from your point of view as a potential buyer. But this is what he wanted to know.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>So, for somebody like him, somebody that knows nothing, and who wants to follow his grandfather's instructions and not get ripped off - what's the easiest way for him to do that ? Answer - walk into a dealer's shop and sell them.</p><p><br /></p><p>To even use a TPG, which he knows nothing about let alone how to submit coins to one, what would he have to do ? He'd first have to find out what TPG even is, and then how to submit coins to them. So, OK, that easy enough to do here, so let's assume he does that.</p><p><br /></p><p>Then he has to pay to become a member so he can submit the coins, pay for shipping, insurance, all of that, and then pay for grading fees on top of it. All that money is money is money out of his pocket. Money that would have to be deducted from what he gets from selling them afterwards. And he might have to wait up to 3 months to accomplish that. But he could do it your way assuming he wanted to sell to a collector. And of course he would have to then find a way to sell to a collector. And if he hopes to get the best price he's probably gonna have to seek out eBay eventually, and then pay more fees to do it that way. All in all he's gonna have to spend oh maybe $200.00, maybe a bit more, to do it that way.</p><p><br /></p><p>His instructions of - "don't get ripped off" are fairly straightforward, but they also imply that he should not spend money to get money. Or in other words - get as much as you can for them. </p><p><br /></p><p>He could do it your way and end up with a good bit less money because of all the money he's had to spend. And keep in mind, the total amount he gets from selling the coins is still the same - slabbed, or raw just as they are - because that's all the coins are worth. </p><p><br /></p><p>Or, he could walk into a dealer's shop, sell the coins, and walk out with the cash - more cash than he would end up with doing your way - and be done with it all in 5 minutes.</p><p><br /></p><p>So which method accomplishes his instructions from his grandfather ? My way or your way ?</p><p><br /></p><p>All I'm trying to point out is that you have to think about everything, and think it all the way through - if and when you're trying to help a guy like this. We have to remember, he knows nothing, doesn't know how to do anything. So when he comes to us for advice, what should we tell him to help him as best we can ? To keep things as simple and easy, and allows him to accomplish his goal in the shortest time period. To my way of thinking, there is only one way.</p><p><br /></p><p>If we disagree, then we'll simply have to disagree.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 8115161, member: 112"]And I understand that, and I don't disagree with it - from your point of view as a potential buyer. But this is what he wanted to know. So, for somebody like him, somebody that knows nothing, and who wants to follow his grandfather's instructions and not get ripped off - what's the easiest way for him to do that ? Answer - walk into a dealer's shop and sell them. To even use a TPG, which he knows nothing about let alone how to submit coins to one, what would he have to do ? He'd first have to find out what TPG even is, and then how to submit coins to them. So, OK, that easy enough to do here, so let's assume he does that. Then he has to pay to become a member so he can submit the coins, pay for shipping, insurance, all of that, and then pay for grading fees on top of it. All that money is money is money out of his pocket. Money that would have to be deducted from what he gets from selling them afterwards. And he might have to wait up to 3 months to accomplish that. But he could do it your way assuming he wanted to sell to a collector. And of course he would have to then find a way to sell to a collector. And if he hopes to get the best price he's probably gonna have to seek out eBay eventually, and then pay more fees to do it that way. All in all he's gonna have to spend oh maybe $200.00, maybe a bit more, to do it that way. His instructions of - "don't get ripped off" are fairly straightforward, but they also imply that he should not spend money to get money. Or in other words - get as much as you can for them. He could do it your way and end up with a good bit less money because of all the money he's had to spend. And keep in mind, the total amount he gets from selling the coins is still the same - slabbed, or raw just as they are - because that's all the coins are worth. Or, he could walk into a dealer's shop, sell the coins, and walk out with the cash - more cash than he would end up with doing your way - and be done with it all in 5 minutes. So which method accomplishes his instructions from his grandfather ? My way or your way ? All I'm trying to point out is that you have to think about everything, and think it all the way through - if and when you're trying to help a guy like this. We have to remember, he knows nothing, doesn't know how to do anything. So when he comes to us for advice, what should we tell him to help him as best we can ? To keep things as simple and easy, and allows him to accomplish his goal in the shortest time period. To my way of thinking, there is only one way. If we disagree, then we'll simply have to disagree.[/QUOTE]
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Grandpop gave me a bag of coins!
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