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<p>[QUOTE="kanga, post: 301663, member: 9270"]<b>LIVE SHOWS</b>:</p><p>I go to 6-8 coins shows a year, everything from moderate sized (30-50 dealers) to the big ones (500 at the last Baltimore show.)</p><p>IMO the larger the show, the more items are overpriced.</p><p>Outside of my primary dealer, I find it difficult to find coins that even are priced at <i>Trends</i>.</p><p> </p><p>Which is why I recall a particularly pleasant transaction at a big show.</p><p>I needed a particular gold $1 for my typeset, spotted a NGC slabbed AU example and asked for the price.</p><p>Dealer quoted me the CDN Buy value!!! I guess it was one he was having trouble selling.</p><p>I quickly bought it.</p><p> </p><p>When I got it home a chatter from another venue suggested I check it out in Breen (something I rarely do and ought to more often.)</p><p>It turned out to be a DDO!!!</p><p>Back it went to NGC for attribution.</p><p>Only sale I can find for this variety went for 50% over CDN.</p><p>Now you can see why I remember that transaction.</p><p> </p><p>But in <u>general</u> large shows result in overpriced coins.</p><p>Go for the middle-sized shows; less selection but more realistic prices.</p><p> </p><p><b>LIVE AUCTIONS</b>:</p><p>Been quite a while since I've been to one.</p><p>Problem is most Live Auctions deal with high end stuff, so the average collector doesn't have deep enough pockets.</p><p>If you find a smaller one that is within your price range keep in mind the Buyer's Fee.</p><p>At 15-20% that can turn your "nice buy" into sticker shock.</p><p><b>But whatever, at least once <u>attend</u> a large Live Auction</b>. It's truly an experience.</p><p> </p><p><b>ONLINE AUCTIONS</b> (not eBay):</p><p>I've never participated in one, but some of their offerings have caught my attention.</p><p>Same <i>caveat</i> as Live Auctions and then some.</p><p><u>Buyer's Fee</u> and <u>S&H</u> can turn a good buy into and overpriced coin.</p><p> </p><p><b>EBAY</b>:</p><p>You have to wade through a LOT of garbage, but you can get some REAL buys if you're willing to spend the time.</p><p>And you have to be psychic sometimes to know how good a seller is and how good his offerings are.</p><p> </p><p>Remember: If it looks like it, smells like it and tastes like it, DON'T step in it.[/QUOTE]</p><p><br /></p>
[QUOTE="kanga, post: 301663, member: 9270"][B]LIVE SHOWS[/B]: I go to 6-8 coins shows a year, everything from moderate sized (30-50 dealers) to the big ones (500 at the last Baltimore show.) IMO the larger the show, the more items are overpriced. Outside of my primary dealer, I find it difficult to find coins that even are priced at [I]Trends[/I]. Which is why I recall a particularly pleasant transaction at a big show. I needed a particular gold $1 for my typeset, spotted a NGC slabbed AU example and asked for the price. Dealer quoted me the CDN Buy value!!! I guess it was one he was having trouble selling. I quickly bought it. When I got it home a chatter from another venue suggested I check it out in Breen (something I rarely do and ought to more often.) It turned out to be a DDO!!! Back it went to NGC for attribution. Only sale I can find for this variety went for 50% over CDN. Now you can see why I remember that transaction. But in [U]general[/U] large shows result in overpriced coins. Go for the middle-sized shows; less selection but more realistic prices. [B]LIVE AUCTIONS[/B]: Been quite a while since I've been to one. Problem is most Live Auctions deal with high end stuff, so the average collector doesn't have deep enough pockets. If you find a smaller one that is within your price range keep in mind the Buyer's Fee. At 15-20% that can turn your "nice buy" into sticker shock. [B]But whatever, at least once [U]attend[/U] a large Live Auction[/B]. It's truly an experience. [B]ONLINE AUCTIONS[/B] (not eBay): I've never participated in one, but some of their offerings have caught my attention. Same [I]caveat[/I] as Live Auctions and then some. [U]Buyer's Fee[/U] and [U]S&H[/U] can turn a good buy into and overpriced coin. [B]EBAY[/B]: You have to wade through a LOT of garbage, but you can get some REAL buys if you're willing to spend the time. And you have to be psychic sometimes to know how good a seller is and how good his offerings are. Remember: If it looks like it, smells like it and tastes like it, DON'T step in it.[/QUOTE]
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