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Margins on High End Coins ?
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<p>[QUOTE="geekpryde, post: 1979588, member: 36248"]There are some series when you can hold out for a really great price, and still get a great coin. I did that with 90% of the complete Kennedy Proof Set in mostly DCAM69. But these are widely availble coins, sometimes with hundreds of auctions for the same coin / same grade / same holder.</p><p><br /></p><p>I also did that with the first portion of my CAC Type Set, meaning, I bought all the long-hanging fruit first, in terms of availability, and bang-for-the-buck. These nice, but common coins could be had at "wholesale" if you were someone patient. </p><p><br /></p><p>[USER=37868]@RabidRick[/USER] Now, with the harder coins, coins that there may be only 1 or 2 examples on eBay and online dealers at a given time, or worse, coins you need to wait months before another example shows up, you are very unlikely to get for your so-called "wholesale" prices. Like [USER=70936]@mainer020648[/USER] said, you will either be skunked for a very long time, or end up with <i>Meh</i> coins that are boring and below-average for the Type. Don't you think all the nice coins get gobbled up by other collectors willing to pay more than your rock-bottom "wholesale" prices, leaving you with the dreck?[/QUOTE]</p><p><br /></p>
[QUOTE="geekpryde, post: 1979588, member: 36248"]There are some series when you can hold out for a really great price, and still get a great coin. I did that with 90% of the complete Kennedy Proof Set in mostly DCAM69. But these are widely availble coins, sometimes with hundreds of auctions for the same coin / same grade / same holder. I also did that with the first portion of my CAC Type Set, meaning, I bought all the long-hanging fruit first, in terms of availability, and bang-for-the-buck. These nice, but common coins could be had at "wholesale" if you were someone patient. [USER=37868]@RabidRick[/USER] Now, with the harder coins, coins that there may be only 1 or 2 examples on eBay and online dealers at a given time, or worse, coins you need to wait months before another example shows up, you are very unlikely to get for your so-called "wholesale" prices. Like [USER=70936]@mainer020648[/USER] said, you will either be skunked for a very long time, or end up with [I]Meh[/I] coins that are boring and below-average for the Type. Don't you think all the nice coins get gobbled up by other collectors willing to pay more than your rock-bottom "wholesale" prices, leaving you with the dreck?[/QUOTE]
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Margins on High End Coins ?
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