Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Negotiating price; the buying process
>
Reply to Thread
Message:
<p>[QUOTE="National dealer, post: 9760, member: 487"]Another tactic that works pretty well is ask your dealer what the greysheet bid/ask is for the coin you are wanting to purchase. The greysheet is used as a good guideline for us dealers to buy and sell coins. The prices in the greysheet are for buy and sell to other dealers only. DO NOT EXPECT TO GET THESE PRICES. </p><p>If you use the example of the 1880-CC Morgan in say Uncirculated, the greysheet bid/ask is 375/395. If the dealer believes this coin to be near MS 60 or MS 61 their retail price would be $410 to $420. </p><p>Red Books and Blue Books are great for referrence, but lousy for prices. </p><p>Do not be afraid to ask your dealer for deals. Good customers are almost as hard to find as good dealers. Both need to work together so that all concerned are happy. </p><p>Most of us dealers are happy to move the coin. Like GDJMSP said, it makes room for the next one. This is how we make our money. (Turnover)[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 9760, member: 487"]Another tactic that works pretty well is ask your dealer what the greysheet bid/ask is for the coin you are wanting to purchase. The greysheet is used as a good guideline for us dealers to buy and sell coins. The prices in the greysheet are for buy and sell to other dealers only. DO NOT EXPECT TO GET THESE PRICES. If you use the example of the 1880-CC Morgan in say Uncirculated, the greysheet bid/ask is 375/395. If the dealer believes this coin to be near MS 60 or MS 61 their retail price would be $410 to $420. Red Books and Blue Books are great for referrence, but lousy for prices. Do not be afraid to ask your dealer for deals. Good customers are almost as hard to find as good dealers. Both need to work together so that all concerned are happy. Most of us dealers are happy to move the coin. Like GDJMSP said, it makes room for the next one. This is how we make our money. (Turnover)[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Negotiating price; the buying process
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...