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How to buy US coins that are good values, and not get victimized.
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<p>[QUOTE="geekpryde, post: 2027296, member: 36248"]Agreed. Asking a dealer to quote a price <u>today</u> for a coin that he will buy in a "couple of years" makes no sense... Also, why would a dealer pay you full retail pricing, when they have expenses, and on top of that, need to make a profit and take something home.</p><p><br /></p><p>Perhaps the poster meant something like:</p><p><br /></p><p><i>What price would you offer to buy this exact coin if I were to come in today as the seller, and not the buyer?</i></p><p><i><br /></i></p><p>An honest answer to that question may help new collectors understand the coin market better.</p><p><br /></p><p>I personally have never asked this question, or one like it, simply because I try to not buy coins that I plan on selling for many years, and I have already established in my own mind where the line in the sand for me is on a particular coin. This "line in the sand" differentiates the price ranges for good-value vs. fair-price vs. a bad-value for a particular coin based on my own research.[/QUOTE]</p><p><br /></p>
[QUOTE="geekpryde, post: 2027296, member: 36248"]Agreed. Asking a dealer to quote a price [U]today[/U] for a coin that he will buy in a "couple of years" makes no sense... Also, why would a dealer pay you full retail pricing, when they have expenses, and on top of that, need to make a profit and take something home. Perhaps the poster meant something like: [I]What price would you offer to buy this exact coin if I were to come in today as the seller, and not the buyer? [/I] An honest answer to that question may help new collectors understand the coin market better. I personally have never asked this question, or one like it, simply because I try to not buy coins that I plan on selling for many years, and I have already established in my own mind where the line in the sand for me is on a particular coin. This "line in the sand" differentiates the price ranges for good-value vs. fair-price vs. a bad-value for a particular coin based on my own research.[/QUOTE]
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How to buy US coins that are good values, and not get victimized.
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