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How do you price graded coins flagged as 'Details'?
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<p>[QUOTE="Vess1, post: 23944089, member: 13650"]This is a very interesting discussion. I love the possibilities of being able to buy rare coins that you otherwise couldn't touch as some have in this thread. </p><p><br /></p><p> As far as pricing, every coin is it's own thing. I have details coins in my collection for various reasons but I try to avoid them at all costs. Reason being the more expensive they are, the harder they'll be to sell. The cheaper they are, the harder they are to sell too because people will opt for the straight graded version instead. It doesn't mean they don't have value, just expect a discount on them.</p><p><br /></p><p> Any time I've ever went to trade or sell details graded coins to dealers, it's not good. Most of the time they say, "I can't sell that" or "These are tough to sell". Then I notice a local dealers inventory has about 75% details graded coins and there's little to no discount off of the straight graded price. Regardless, they're a tough sell, even if they look good. The label is everything. </p><p><br /></p><p> About all you can do is set a reserve, put them out there and let people bid. See what happens. If reserve not met, do it again next week.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 23944089, member: 13650"]This is a very interesting discussion. I love the possibilities of being able to buy rare coins that you otherwise couldn't touch as some have in this thread. As far as pricing, every coin is it's own thing. I have details coins in my collection for various reasons but I try to avoid them at all costs. Reason being the more expensive they are, the harder they'll be to sell. The cheaper they are, the harder they are to sell too because people will opt for the straight graded version instead. It doesn't mean they don't have value, just expect a discount on them. Any time I've ever went to trade or sell details graded coins to dealers, it's not good. Most of the time they say, "I can't sell that" or "These are tough to sell". Then I notice a local dealers inventory has about 75% details graded coins and there's little to no discount off of the straight graded price. Regardless, they're a tough sell, even if they look good. The label is everything. About all you can do is set a reserve, put them out there and let people bid. See what happens. If reserve not met, do it again next week.[/QUOTE]
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