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If there are any money in reselling collections?
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<p>[QUOTE="umtrr-author, post: 188077, member: 5719"]I doubt that it's a "regular collector" although that's a pretty broad term. Might be someone thinking of flipping it, or perhaps someone who hasn't done the proper amount of homework before bidding. </p><p><br /></p><p>I think there just isn't the opportunity for "arbitrage" in coins as there might be in other hobbies where there is less easily accessible information. </p><p><br /></p><p>Further, the "Antiques Roadshow" mentality says that everything I have is valuable and should command premium prices, which even lessens the chance of hitting an opportunity at a yard sale et al. I have yet to find anything at a yard sale that I'd be willing to take a chance on flipping, figuring in not only the fees but the value of my time. ("We throw out better stuff than they're selling" is one of my mom's favorite expressions.)[/QUOTE]</p><p><br /></p>
[QUOTE="umtrr-author, post: 188077, member: 5719"]I doubt that it's a "regular collector" although that's a pretty broad term. Might be someone thinking of flipping it, or perhaps someone who hasn't done the proper amount of homework before bidding. I think there just isn't the opportunity for "arbitrage" in coins as there might be in other hobbies where there is less easily accessible information. Further, the "Antiques Roadshow" mentality says that everything I have is valuable and should command premium prices, which even lessens the chance of hitting an opportunity at a yard sale et al. I have yet to find anything at a yard sale that I'd be willing to take a chance on flipping, figuring in not only the fees but the value of my time. ("We throw out better stuff than they're selling" is one of my mom's favorite expressions.)[/QUOTE]
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If there are any money in reselling collections?
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