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Hypothetical question for dealers.
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<p>[QUOTE="Doug21, post: 1248283, member: 5650"]I think just an SVDB walking in the door is suspicious. I guess the coin would probably be raw and in a 2 X 2 ?</p><p><br /></p><p>If slabbed the $20 is even worse. Is this coin stolen would be my first thought when the seller knows nothing about it....I'm already sure it is real for argument's sake.</p><p><br /></p><p>How does a person have just this one rare item ?</p><p><br /></p><p>If it was a 60 minutes type of journalism thing, then perhaps put together a realistic looking set of circulated Lincolns in a Dansco album maybe the wheats only and complete with all the keys and maybe BU from 1941 and up....a realistic set a collector might assemble.</p><p><br /></p><p>Send in the 80 year old widow and see what happens. The coins are 100% legit say lent for the occasion by another dealer. This set is easily worth a few thousand minimum</p><p><br /></p><p>I don't think a dealer should ask the widow how much she wants for it, he should instead make an offer after looking at 09-s, 09 svdb, 14-d, 22-p, 31-s 55 ddo, etc. Look at those 6 close and you should be able to calculate an offer in under 10 minutes pretty much ignoring the rest of the set.</p><p><br /></p><p>You can't ethically ask Granny to name a price and steal it if she says $100.[/QUOTE]</p><p><br /></p>
[QUOTE="Doug21, post: 1248283, member: 5650"]I think just an SVDB walking in the door is suspicious. I guess the coin would probably be raw and in a 2 X 2 ? If slabbed the $20 is even worse. Is this coin stolen would be my first thought when the seller knows nothing about it....I'm already sure it is real for argument's sake. How does a person have just this one rare item ? If it was a 60 minutes type of journalism thing, then perhaps put together a realistic looking set of circulated Lincolns in a Dansco album maybe the wheats only and complete with all the keys and maybe BU from 1941 and up....a realistic set a collector might assemble. Send in the 80 year old widow and see what happens. The coins are 100% legit say lent for the occasion by another dealer. This set is easily worth a few thousand minimum I don't think a dealer should ask the widow how much she wants for it, he should instead make an offer after looking at 09-s, 09 svdb, 14-d, 22-p, 31-s 55 ddo, etc. Look at those 6 close and you should be able to calculate an offer in under 10 minutes pretty much ignoring the rest of the set. You can't ethically ask Granny to name a price and steal it if she says $100.[/QUOTE]
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