I was looking for a way to display my state quarters. Now all you state quarter haters can really take a dump on them. Actually, coin toilet seats are very popular: http://shop.ebay.com/?_from=R40&_trksid=m38.l1313&_nkw=coin+toilet+seat&_sacat=See-All-Categories
$30 maybe, $50, I doubt it. That said, that (40-50% profit) seems about right for such low value coins. The profit per hour of work involved in buying and selling that type of material is just so low.
I stopped by the little antique shop that I had bought some silver dollars from and purchased the remainder of their hoard. Being the nice guy I am , I offered her $11 each for 19 nice silver dollar (4 were 1993 silver eagles) ---$4.50 for 23 well circulated walkers. The lady said she thought that was to much and threw in all the assorted coins she had including a 1965 sms and assorted itmes someone had purchased from littleton. I would estimate their value at a conservative $70. I felt that I probably came out ahead in the deal but she was happy to get rid of the stuff. She also promised that I would be the first one she called when and if they received any more coins. Bottom line, everyone was happy.
If it was me I'd offer about what you said. $65 area is about OK. The one problem with some situations like this is pending on who the seller is. If a relative or close friend, they may always throw in hints on how you swindled them out of a fortune. If a relative, word usually goes from one to anothe about your great fortune for a few lousy dollars. If a close friend, you may find they don't stay a close friend long since you cheated them. The more you offer, the more they are REALLY worth. The less you offer, the more you cheated them.
Could not agree more. I am the one who orders stuff from the mint for a small group of people at work. I do not mind doing this since I only charge what it cost me. I am just not comfortable buying coins from people I see every day because of the reason Just Carl noted.
Well said. I specifically avoid purchasing items from relatives and friends even though the opportunity exists. Some things are more important than the coins.
Good advice and something to keep in mind during transactions like this. Well, it doesn't look as though I will be getting the coins because my father in law wants them....... but I was the one who set the price so I may not be out of the woods. I am 99% sure that everything will be ok. I personally talked with this person and my inlaws have too just to make sure she was alright with the deal.