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<p>[QUOTE=&quot;Vess1, post: 3379298, member: 13650&quot;]The hobby&#039;s always dying but I keep waiting for prices to come down!&nbsp; </p><p><br /></p><p>&nbsp; I just re-valued what I have yesterday.&nbsp; Some stuff goes up some goes down.&nbsp; You can look up sold prices on ebay at the advanced button to the right of search.&nbsp;&nbsp; Check completed listings only.&nbsp;&nbsp; I used it to value some state quarter silver proof sets.&nbsp;&nbsp; Just to get something close to adjust the number for what they&#039;re currently selling at.&nbsp; &nbsp; Some stuff I&#039;ve probably left too high but I try to estimate conservatively based on what I paid.&nbsp; A lot of stuff I just calculate at melt to save time.&nbsp; As PM prices go up and down as well as overall interest, prices fluctuate.</p><p><br /></p><p>&nbsp; Like some have said, don&#039;t just buy coins.&nbsp; It&#039;s a good experience to try to sell coins once in a while to get a feel for what people pay.&nbsp;&nbsp; Something you went all out for, somebody else may not.&nbsp; Ebay is saturated unless you&#039;ve got something really rare.</p><p><br /></p><p>&nbsp;&nbsp; If you think your collection will go to a dealer some day just take all your buy prices and divide by two for a valuation.&nbsp; &nbsp;&nbsp; I played that game the other day.&nbsp; I walked out with what I had brought to trade on something and happily kept what I had.&nbsp;&nbsp; Dealers will look at a generic book price and throw you a low ball offer, if they&#039;re even willing to buy or trade what you have.&nbsp;&nbsp; If you paid a premium for exceptional paper quality, their offer will be based on a generic priced, non-EPQ version, etc.&nbsp; </p><p><br /></p><p>&nbsp;The only thing that is liquid is bullion.&nbsp;&nbsp; To recoup a numismatic premium to break even takes work and a lot of time for a buyer to come along.&nbsp; i.e. NOT LIQUID.</p><p><br /></p><p>&nbsp; Here&#039;s a real world example.&nbsp; I bought a gorgeous toned Morgan dollar back in 2015.&nbsp;&nbsp; It got a star and it seems proof like to me.&nbsp; I remember the seller had a buy it now or best offer.&nbsp;&nbsp; After a few days, <u><b>I talked him down</b></u> to $320.&nbsp; That was his bottom line.&nbsp; If I wanted to have it that&#039;s what I had to pay or walk away. He wouldn&#039;t take 280.&nbsp; So,&nbsp; I ended up paying it.</p><p>&nbsp;</p><p>&nbsp; Last year I decided to list it, just to see what I could get for it for another purchase.&nbsp; It barely got up to $150 and didn&#039;t meet the reserve.&nbsp; Maybe on another week, it would do better but who knows?&nbsp;&nbsp; It&#039;s hard to capture how nice it is in pics but that&#039;s all people were willing to pay.&nbsp; Take fees and shipping out of that.&nbsp; Now you&#039;re down to about $115.&nbsp; &nbsp; It&#039;s still worth $300 to me so I kept it.&nbsp;&nbsp; I&#039;m not willing to sell it for less.&nbsp; So what&#039;s the value?&nbsp; lol&nbsp; </p><p><br /></p><p>&nbsp;Somebody else had it right.&nbsp; It&#039;s a hobby man.&nbsp; This is why.[/QUOTE]</p><p><br /></p>

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