Message:

<p>[QUOTE=&quot;Collecting Nut, post: 3309389, member: 74863&quot;]The OP posted a 1858 LL PCGS MS-63 CAC FEC. CDN was $875 but it sold for $1440. They asked if the price was crazy or are they missing something. </p><p><br /></p><p>Some like the coin, some don&#039;t. Some think the price is too high, others stated they would pay that price.</p><p><br /></p><p>My first response was that I like the coin but I wouldn&#039;t pay that much for it. That&#039;s over priced by more than $500. I know there are exceptional coins and they do command a premium over a price guide. I also recognize price guides for what they are, a guide and I use that guide to assist me with a fair price.</p><p><br /></p><p>I have paid a little over guide price for coins and I have used the guide to get a fair price. I have also walked away from coins I need due to the asking price. Just recently a dealer at a show had the last 2 coins I&#039;ve been searching for to complete one of my collections. He wanted $200 plus dollars, per coin, over the grey sheet price. They would have completed my set very nicely. Grade, color, TPG, etc were exactly what I needed. </p><p><br /></p><p>Nothing exceptional about them, just a fit to my coins. I was not going to pay $800 plus for a $600 coin. Sometimes it&#039;s best to walk away. I&#039;ve been looking for 3 years and I&#039;ll keep looking. They were not the only coins out there that fit into my collection. There are others and I will find them.</p><p><br /></p><p>Sometimes it&#039;s good to over pay to get that coin. Most times it&#039;s not. The hunt is part of the enjoyment of this hobby and I&#039;ll not diminish that for me.</p><p><br /></p><p>Collecting is not an investment. It&#039;s a hobby and I don&#039;t like paying more for something than it&#039;s worth.</p><p><br /></p><p>I hope this explains my position in a more positive way. Thank you.[/QUOTE]</p><p><br /></p>

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