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<p>[QUOTE="Player11, post: 24497484, member: 26725"]For US material - Generally from my table at a show I offer 70pct CPG (retail based on CDN Bid) or what think can sell for. A coin is listed on my CDN app at CPG MV $200 and CDN bid is $154. My offer would be around $100-$140 depending on the coin and where it falls in the grade range and current market conditions (My analysis of its demand / how quickly can move it). So on US looking buy 50-70 pct MV. Mods usually trading on the lower range above. Now gold may have to pay more as those can be narrow spread. Bullion coins a narrow spread too.</p><p><br /></p><p>For CAC the CAC CPG MV would be the basis.</p><p><br /></p><p>On material like world where there is no CDN my offer based what could sell it for. It could vary…..based on Mkt conditions sell outlook.</p><p><br /></p><p>So for me what I think can sell an item for drives my offers, bids, search for pickups. Am an experienced big picture guy (cognizant of market) not some digital person x pct above bid. These days mostly chasing low pop stuff can get decent markup. Overhead costs in the biz a big hurdle to clear. I am not in the biz for free and expect a return on inventory cost, my time, and materials. There is no free ride in numismatics. As I told one tire kicker from my table wanting buy at bid “send them (CDN) a check.”[/QUOTE]</p><p><br /></p>
[QUOTE="Player11, post: 24497484, member: 26725"]For US material - Generally from my table at a show I offer 70pct CPG (retail based on CDN Bid) or what think can sell for. A coin is listed on my CDN app at CPG MV $200 and CDN bid is $154. My offer would be around $100-$140 depending on the coin and where it falls in the grade range and current market conditions (My analysis of its demand / how quickly can move it). So on US looking buy 50-70 pct MV. Mods usually trading on the lower range above. Now gold may have to pay more as those can be narrow spread. Bullion coins a narrow spread too. For CAC the CAC CPG MV would be the basis. On material like world where there is no CDN my offer based what could sell it for. It could vary…..based on Mkt conditions sell outlook. So for me what I think can sell an item for drives my offers, bids, search for pickups. Am an experienced big picture guy (cognizant of market) not some digital person x pct above bid. These days mostly chasing low pop stuff can get decent markup. Overhead costs in the biz a big hurdle to clear. I am not in the biz for free and expect a return on inventory cost, my time, and materials. There is no free ride in numismatics. As I told one tire kicker from my table wanting buy at bid “send them (CDN) a check.”[/QUOTE]
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