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<p>[QUOTE=&quot;AncientJoe, post: 2020633, member: 44357&quot;]SwK, I&#039;m quite surprised at your response to [USER=72101]@Marc Aceton[/USER]&#039;s post. I think Marc&#039;s advise is very wise: it is important to know what the market thinks of ones coins and get a feel of what it is like to sell coins from time to time. Otherwise, you may end up selling your coins through the wrong avenue or your coins may have problems that were initially overlooked, or you may not understand the selling side of the market and come in blindsided.</p><p><br /></p><p>Coins &quot;fetching what the market considers is the price to pay&quot; is not always the case: if you sell to a dealer, the dealer needs to put food on the table so you will absolutely not be offered what &quot;the market&quot; considers the price of the coin. </p><p><br /></p><p>If in the short period period in which you planned to sell your coins, they fall out of favor or a hoard is found, the price could plummet temporarily - had you slowly tested the market by selling pieces over time, you would get a better feel of this. </p><p><br /></p><p>If you run into financial trouble and need to sell quickly, you will likely get less for your coins in a &quot;fire sale&quot; and it&#039;s worth understanding that selling coins at auction may take several months from consignment to payment.</p><p><br /></p><p>Auction house buyer&#039;s fees are also important to take into account, as is developing a relationship with auction houses and dealers so that you can get the best price paid for your coins by ensuring they are marketed properly and that as wide of a section of the collector base is aware of the sale.</p><p><br /></p><p>You will never be able to guarantee participation by every collector worldwide at every sale, and it only takes two people who <i>really </i>want a coin to set a new, very high price, so the variables are numerous.</p><p><br /></p><p>One should also take into account the consequences of selling a large number of quality coins of the same type in a single sale. Everyone has a finite budget and if your coins exist within a specialized sector of the overall coin population, you may find your collection exceeds the budgets of the collectors trying to buy it, making some coins sell for less than you would have expected.</p><p><br /></p><p>In summary, I completely agree with Marc and think every collector should sell coins from time to time to ensure they&#039;re aware of the process.[/QUOTE]</p><p><br /></p>

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