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<p>[QUOTE="Speedy, post: 197059, member: 705"]Well I haven't made alot of bids on collections as I'm not a dealer or anything.....but I have done a few.</p><p>One time some of the coins were plated and such and the guy just knew they were pure gold and that I was ripping him off.....most of the time though the person will come back with a counter offer that is alittle higher...that is why I start low.</p><p>My prices that I offer is normaly the same or higher than what the dealer in town offers----</p><p>I've found that when dealing with someone who isn't a collector, they ALWAYS think their coins are worth a ton---a banker friend of mine had pulled alot of silver out of change in the years at the bank and bought it to me the the other day to get a value of---it came out to around $1100 or alittle more----they thought that was just really bad...people think that just because a coin is dated in the 1800's or early 1900's it is worth thousands if not millions....and a low grade G-4 is a really nice high grade with lots of detail coin.</p><p><br /></p><p>Now when I'm making an offer I try to sit down with the person and point out things about the coins such as....</p><p>This coin has damged here....and therefor is only worth $xx.xx where as this listing shows such.</p><p>Since silver is at $xx.xx that puts the value of these at $xx.xx</p><p>This coin is harder to find and therefor I'm willing to give $xx.xx</p><p>Remember---there is no such things as an offer too low....other than lower than bullion.</p><p>If they really want to sell they will counter offer and if they don't, then count your blessings <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Just as a side note---when looking at a collection I want to buy I don't take down the price for my time---looking through coins is a pure enjoyment to me and I like to look at them even if I'm not going to buy them.</p><p>Plus, most of the time it doesn't take too long to make an offer---you go though the coins and put all of the dimes in one stack, quarters the same, so on and so forth....then go back and count each stack and write that on a piece of paper--then get the paper that you have written down how much each coin is worth in silver (while counting the coins you will see any such coins that would jump out at you as needing a higher value)....take that price and multiply it with the number of coins and there is your offer for those coins---add all of the prices together and there is your offer.</p><p>Now one last thing that I would post----Lets say that you come down to the offer and it is $1005.89....I would either round that down to $1000 or up to $1010....rounding the $$ is most cases isn't going to hurt....while we would all like to round down sometimes its best to take up to the next $.</p><p>Just some things to think about</p><p><br /></p><p>Speedy[/QUOTE]</p><p><br /></p>
[QUOTE="Speedy, post: 197059, member: 705"]Well I haven't made alot of bids on collections as I'm not a dealer or anything.....but I have done a few. One time some of the coins were plated and such and the guy just knew they were pure gold and that I was ripping him off.....most of the time though the person will come back with a counter offer that is alittle higher...that is why I start low. My prices that I offer is normaly the same or higher than what the dealer in town offers---- I've found that when dealing with someone who isn't a collector, they ALWAYS think their coins are worth a ton---a banker friend of mine had pulled alot of silver out of change in the years at the bank and bought it to me the the other day to get a value of---it came out to around $1100 or alittle more----they thought that was just really bad...people think that just because a coin is dated in the 1800's or early 1900's it is worth thousands if not millions....and a low grade G-4 is a really nice high grade with lots of detail coin. Now when I'm making an offer I try to sit down with the person and point out things about the coins such as.... This coin has damged here....and therefor is only worth $xx.xx where as this listing shows such. Since silver is at $xx.xx that puts the value of these at $xx.xx This coin is harder to find and therefor I'm willing to give $xx.xx Remember---there is no such things as an offer too low....other than lower than bullion. If they really want to sell they will counter offer and if they don't, then count your blessings ;) Just as a side note---when looking at a collection I want to buy I don't take down the price for my time---looking through coins is a pure enjoyment to me and I like to look at them even if I'm not going to buy them. Plus, most of the time it doesn't take too long to make an offer---you go though the coins and put all of the dimes in one stack, quarters the same, so on and so forth....then go back and count each stack and write that on a piece of paper--then get the paper that you have written down how much each coin is worth in silver (while counting the coins you will see any such coins that would jump out at you as needing a higher value)....take that price and multiply it with the number of coins and there is your offer for those coins---add all of the prices together and there is your offer. Now one last thing that I would post----Lets say that you come down to the offer and it is $1005.89....I would either round that down to $1000 or up to $1010....rounding the $$ is most cases isn't going to hurt....while we would all like to round down sometimes its best to take up to the next $. Just some things to think about Speedy[/QUOTE]
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