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<p>[QUOTE="Vegas Vic, post: 1982055, member: 58810"]I never sell to collectors at shows. What I do is buy off eBay and then sell to dealers at the shows. </p><p><br /></p><p>On eBay, any standard non toned non problem coin almost always sell for bid or higher. The one time I bought a normal coin at a real discount (pcgs pr64 cameo at 64 normal bid) the seller "lost" the coin and cancelled the sale. </p><p><br /></p><p>What I used to do was buy toned coins. Since there is no way to create a standard value you can find coins in one of three categories. </p><p><br /></p><p>1. Bad picture. My favorite. You can get to a point where you can see nice toning through bad pictures. Usually a collector because any dealer selling toned coins in line learns really quickly how to photograph. </p><p><br /></p><p>2. Underpriced bin. These are out there it just takes time to look. </p><p><br /></p><p>3. Winning an auction low. Rarely happens but once in a while it happens. </p><p><br /></p><p>I then take my coins to the vegas shows and make a small percent profit. Please note I would make more money in a few days at work then I would all the coins I have sold over the last 6-8 years. But it is a fun hobby. I like making deals with the coin dealers and just enjoy the challenge of trying to buy "retail" at eBay then make a small profit selling "wholesale". </p><p><br /></p><p>I stopped because I very much regret selling a few of the coins I sold. So now I just blew off my remaining coins I bought to sell at shows. No more selling and no more buying coins unless I love them. </p><p><br /></p><p>Amanda bought one of my coins and texted a picture of my s vdb to the penny lady but her offer was $20 under my cost. I'm really glad she did because that coin would be at the front of the regret line from selling. </p><p><br /></p><p>After I blow out my remaining coins I probably over this time come out somewhere around -3 to +5 percent of what I put it. I would track each coin values but was too lazy to actually keep good records.[/QUOTE]</p><p><br /></p>
[QUOTE="Vegas Vic, post: 1982055, member: 58810"]I never sell to collectors at shows. What I do is buy off eBay and then sell to dealers at the shows. On eBay, any standard non toned non problem coin almost always sell for bid or higher. The one time I bought a normal coin at a real discount (pcgs pr64 cameo at 64 normal bid) the seller "lost" the coin and cancelled the sale. What I used to do was buy toned coins. Since there is no way to create a standard value you can find coins in one of three categories. 1. Bad picture. My favorite. You can get to a point where you can see nice toning through bad pictures. Usually a collector because any dealer selling toned coins in line learns really quickly how to photograph. 2. Underpriced bin. These are out there it just takes time to look. 3. Winning an auction low. Rarely happens but once in a while it happens. I then take my coins to the vegas shows and make a small percent profit. Please note I would make more money in a few days at work then I would all the coins I have sold over the last 6-8 years. But it is a fun hobby. I like making deals with the coin dealers and just enjoy the challenge of trying to buy "retail" at eBay then make a small profit selling "wholesale". I stopped because I very much regret selling a few of the coins I sold. So now I just blew off my remaining coins I bought to sell at shows. No more selling and no more buying coins unless I love them. Amanda bought one of my coins and texted a picture of my s vdb to the penny lady but her offer was $20 under my cost. I'm really glad she did because that coin would be at the front of the regret line from selling. After I blow out my remaining coins I probably over this time come out somewhere around -3 to +5 percent of what I put it. I would track each coin values but was too lazy to actually keep good records.[/QUOTE]
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