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I have lost money on every coin i have ever purchased.
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<p>[QUOTE="beef1020, post: 1662031, member: 24544"]I have looked through some of your posts asking about values on large cents. The coins from those posts are mostly basal state culls, and really only worth $2-$3 each on ebay. If the coins you sent to the dealer are like the others you have posted they are not worth $10-$20. </p><p><br /></p><p>Keep in mind, the bid/ask spread is going to be larger on low dollar coins. A dealer can do 20% on a $500 coin which would net them $100, but they can't do 20% on a $10 coin. The effort involved in buying and selling the $10 coin is worth more than $2.</p><p><br /></p><p>If your not happy, contact the dealer and ask for the coins back. You can make money on coins, even buying them on ebay, but it requires in depth knowledge of the market and series, a lot of patience, and a good eye.[/QUOTE]</p><p><br /></p>
[QUOTE="beef1020, post: 1662031, member: 24544"]I have looked through some of your posts asking about values on large cents. The coins from those posts are mostly basal state culls, and really only worth $2-$3 each on ebay. If the coins you sent to the dealer are like the others you have posted they are not worth $10-$20. Keep in mind, the bid/ask spread is going to be larger on low dollar coins. A dealer can do 20% on a $500 coin which would net them $100, but they can't do 20% on a $10 coin. The effort involved in buying and selling the $10 coin is worth more than $2. If your not happy, contact the dealer and ask for the coins back. You can make money on coins, even buying them on ebay, but it requires in depth knowledge of the market and series, a lot of patience, and a good eye.[/QUOTE]
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Coin Talk
Home
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CoinTalk
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What's it Worth
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I have lost money on every coin i have ever purchased.
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