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<p>[QUOTE=&quot;RaceBannon, post: 1484694, member: 25357&quot;]Thanks a lot for everyone&#039;s responses.&nbsp; Very good information passed by all.&nbsp; I just want to clarify a few points.</p><p><br /></p><p>His offer is approximately 60% of what I paid for the lot.&nbsp; The 40% I refer to at the end of the post is the profit he would make if he sold the coins for what I paid.</p><p><br /></p><p><br /></p><p>To answer collect 89&#039;s question.&nbsp; No, I don&#039;t have a current Gray Sheet, but I should invest in one and calculate the greysheet prices.&nbsp; I&#039;m sure it would come close to what I paid for the coins, which were mostly assembled individually.&nbsp; </p><p><br /></p><p>Some more info, to save time, he priced the coins as sets.&nbsp; In the greysheet it lists price for complete sets by grade.&nbsp; I noticed he undergraded the sets.&nbsp; Most have coins in varying conditions but he&#039;d invariably use the greysheet price for the lowest quality of coins in the set, ie the Lincolns in Good while many were VG, or the Merc Dimes in VG while many were fine ect.</p><p><br /></p><p>Bottom line, I think the takeaways are:</p><p>1.&nbsp; Don&#039;t sell to a dealer if you want to minimize your losses/maximize your profits.</p><p>2.&nbsp; Don&#039;t sell in bulk if you can avoid it.</p><p><br /></p><p>3.&nbsp; Coin collecting is a great hobby, a great investment...not so much unless you&#039;ve got a lot of time and knowledge.</p><p><br /></p><p><br /></p><p>Well, at least I&#039;ve done OK on bullion.&nbsp; I&#039;ll probably sell off some of that in the near future as well, as I think the bull market may be reaching the end of its run.&nbsp; Either way it&#039;s been a fun ride and I&#039;ve enjoyed the process.&nbsp; For me, selling is part of the learning process too.[/QUOTE]</p><p><br /></p>

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