Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Please what am I missing.
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 4681420, member: 26302"]One thing about registry sets, you need every date, right?</p><p><br /></p><p>I like group lots. However, one of the biggest things a person needs to get through their head is value of more common coins. A lot of the price for lower priced coins is the "give a crud" factor. What I mean by that is a coin might be worth $1. No one wants to mess with selling a $1 coin, so they might want to sell 10 for $10, or if you want only one its $4. Just because a dealer's price is $4 a piece, does not mean 10 for $10 is a "steal". It means the dealer is charging $3 extra for the hassle of only selling one.</p><p><br /></p><p>Same with these things. The dealer had to take a BU roll, (there are tens of thousands of BU rolls of these things out there), go through the trouble of picking out nicer coins, sending them in to slab, etc. S/he needs to get paid something for this effort. Ignoring the cost of the coin, the dealer probably has $20 minimum in costs related to it, and some time, and slabbed late wheat cents probably don't fly off the shelves. So the dealer needs such prices to even mess with them. The profit from selling one of these will pay for lunch today, not a get rich quick scheme.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4681420, member: 26302"]One thing about registry sets, you need every date, right? I like group lots. However, one of the biggest things a person needs to get through their head is value of more common coins. A lot of the price for lower priced coins is the "give a crud" factor. What I mean by that is a coin might be worth $1. No one wants to mess with selling a $1 coin, so they might want to sell 10 for $10, or if you want only one its $4. Just because a dealer's price is $4 a piece, does not mean 10 for $10 is a "steal". It means the dealer is charging $3 extra for the hassle of only selling one. Same with these things. The dealer had to take a BU roll, (there are tens of thousands of BU rolls of these things out there), go through the trouble of picking out nicer coins, sending them in to slab, etc. S/he needs to get paid something for this effort. Ignoring the cost of the coin, the dealer probably has $20 minimum in costs related to it, and some time, and slabbed late wheat cents probably don't fly off the shelves. So the dealer needs such prices to even mess with them. The profit from selling one of these will pay for lunch today, not a get rich quick scheme.[/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
>
Coin Chat
>
Please what am I missing.
>
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...