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<p>[QUOTE="TexAg, post: 3712436, member: 86167"]I am a collector of coins, mostly I build my now fancier Dansco albums with coins I find CRH. Up until a few years ago when I was just searching change, my finds went in Whitman folders. I give this as background to show that I am a novice when it comes to buying and selling coins. Since retiring last year, I have been buying some hole fillers here and there and Morgan dollars. We have 2 local dealers who also belong to our Coin Club. One is a high volume / low profit margin dealer who I believe is honest and has sold me a number of coins often 10-20% below Greysheet prices. He always shows me the Greysheet price and usually tells me what he paid for the Morgan. His profit in common Morgans for example, is usually $2-$3 per coin. He is friendly and honest and occasionally throws in a free inexpensive coin to sweeten the deal. I’ve watched both dealers with a close eye as they sell coins to our club members. I’ve never haggled with either of them, a personal weakness that I need to get over, lol. But the other buyers don’t haggle either. I think there is a high level of trust with the first one. However, I think he would lowball me if I wanted to sell my collection to him. Finding somebody ahead of time that my heirs can trust after I die to sell my collection to is my dilemma. Do you all typically haggle with dealers when you buy and sell coins?[/QUOTE]</p><p><br /></p>
[QUOTE="TexAg, post: 3712436, member: 86167"]I am a collector of coins, mostly I build my now fancier Dansco albums with coins I find CRH. Up until a few years ago when I was just searching change, my finds went in Whitman folders. I give this as background to show that I am a novice when it comes to buying and selling coins. Since retiring last year, I have been buying some hole fillers here and there and Morgan dollars. We have 2 local dealers who also belong to our Coin Club. One is a high volume / low profit margin dealer who I believe is honest and has sold me a number of coins often 10-20% below Greysheet prices. He always shows me the Greysheet price and usually tells me what he paid for the Morgan. His profit in common Morgans for example, is usually $2-$3 per coin. He is friendly and honest and occasionally throws in a free inexpensive coin to sweeten the deal. I’ve watched both dealers with a close eye as they sell coins to our club members. I’ve never haggled with either of them, a personal weakness that I need to get over, lol. But the other buyers don’t haggle either. I think there is a high level of trust with the first one. However, I think he would lowball me if I wanted to sell my collection to him. Finding somebody ahead of time that my heirs can trust after I die to sell my collection to is my dilemma. Do you all typically haggle with dealers when you buy and sell coins?[/QUOTE]
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