Reply to Thread

Message:: [QUOTE="BooksB4Coins, post: 2490147, member: 36230"]3-5x face for a nameless bag of state quarters (or "nickels") wholesale? That's exactly what you're suggesting, and I'm sorry to say it, but is ridiculous. The man, at best, can only pay what the market will bear minus a modest profit for himself which, like it or not, puts it right around face, and this isn't taking into consideration the fact that such material is usually in the same category as 70's PR sets. Just because, as you say, any modern collector would pay face, this does not mean they're going to pay multiples of it for the bag itself no less individual coins that came from once opened. Unless things have changed drastically over the last few years, if this gentleman was openly willing to pay such prices, he'd be up to his neck and then some in bags he'd either have to sell at a loss or take with him to the grave. With all due respect, sir; I realize you mean no harm, but you're suggesting this new collector not trust this dealer based upon a false assumption. The fact is, and contrary to what is often spewed here, a good dealer can be infinitely valuable to collectors, and this is especially true for new ones, so while your heart may be in the right place, you're doing the OP a disservice. We may not know this dealer, but from what we've been told, there is absolutely no reason to question his character.[/QUOTE]