Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
How does a coin store determine prices
>
Reply to Thread
Message:
<p>[QUOTE="mill rat41, post: 1471589, member: 16688"]Most of my "bargains " will be duds when it comes time to sell. The coins I stepped up for will likely do well. One thing I learned in the past couple of years on this site is that grade is only the starting point when it comes to price.</p><p><br /></p><p>For a recent example : I always wanted a 1907 no motto $10, I found two at local shops, both slabbed au58. One was fair for the grade - noticeable wear, a few decent hits, and middling luster. Priced at $950.</p><p><br /></p><p>The other at first blush looked like a ms 64 - hardly any wear (almost needed a loupe to find it), booming luster, and barely a mark on it. Priced at $1100.</p><p><br /></p><p>Which one did I buy? Neither, only because I want to see more coins in the flesh before making a decision. Likely at the next big show there will be many to pick from, some bargains, some not.[/QUOTE]</p><p><br /></p>
[QUOTE="mill rat41, post: 1471589, member: 16688"]Most of my "bargains " will be duds when it comes time to sell. The coins I stepped up for will likely do well. One thing I learned in the past couple of years on this site is that grade is only the starting point when it comes to price. For a recent example : I always wanted a 1907 no motto $10, I found two at local shops, both slabbed au58. One was fair for the grade - noticeable wear, a few decent hits, and middling luster. Priced at $950. The other at first blush looked like a ms 64 - hardly any wear (almost needed a loupe to find it), booming luster, and barely a mark on it. Priced at $1100. Which one did I buy? Neither, only because I want to see more coins in the flesh before making a decision. Likely at the next big show there will be many to pick from, some bargains, some not.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
How does a coin store determine prices
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...