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<p>[QUOTE="The Penny Lady®, post: 641732, member: 16948"]Hey Boss/Eddie, regarding pricing and mark ups, I don't have a set forumula for how I price my coins. My markups are based of course on what I paid and what current trends are, as well as the quality of the coin. </p><p><br /></p><p>And the 1916 is the lowest mintage of the MPLs (600, even though it's not as hard to find as the 1909 vdb) so it is quite rare. Also, this is the first one I've had, and even if it doesn't sell quickly, I don't mind having it in my inventory for a while. (Also, as a side note, I am in partnership with someone else on this coin.) Further, it is one of the prettiest 1916's I've <b>ever seen</b>, so as one rude dealer once said to me because I wouldn't lower an absolutely gorgeous PQ coin down to gray sheet levels, "you can keep it in your museum." So for me, I don't mind holding on to primo coins longer than average coins. But keep in mind, I do negotiate with people on my prices all the time. My prices aren't necessarily set in stone. I accept reasonable offers that are lower than my listed prices, as most dealers do. Hope this answers your questions.</p><p><br /></p><p>Now I'm off to the casino for a hopefully profitable night so I can afford to buy more 1916 MPLs!!!![/QUOTE]</p><p><br /></p>
[QUOTE="The Penny Lady®, post: 641732, member: 16948"]Hey Boss/Eddie, regarding pricing and mark ups, I don't have a set forumula for how I price my coins. My markups are based of course on what I paid and what current trends are, as well as the quality of the coin. And the 1916 is the lowest mintage of the MPLs (600, even though it's not as hard to find as the 1909 vdb) so it is quite rare. Also, this is the first one I've had, and even if it doesn't sell quickly, I don't mind having it in my inventory for a while. (Also, as a side note, I am in partnership with someone else on this coin.) Further, it is one of the prettiest 1916's I've [B]ever seen[/B], so as one rude dealer once said to me because I wouldn't lower an absolutely gorgeous PQ coin down to gray sheet levels, "you can keep it in your museum." So for me, I don't mind holding on to primo coins longer than average coins. But keep in mind, I do negotiate with people on my prices all the time. My prices aren't necessarily set in stone. I accept reasonable offers that are lower than my listed prices, as most dealers do. Hope this answers your questions. Now I'm off to the casino for a hopefully profitable night so I can afford to buy more 1916 MPLs!!!![/QUOTE]
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