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<p>[QUOTE="Vess1, post: 3975806, member: 13650"]Anybody who thinks selling is as quick and easy as walking into a dealers shop and getting a nice fair offer is delusional. You buy things on ebay and there is a large markup to cover the sellers costs of using ebay. You go to trade or sell to a dealer, (assuming its a highly desirable piece their even willing to purchase from you), the offer will be much less than you're expecting. </p><p><br /></p><p> If you want remotely close to what you bought at, you need to sell to the public yourself and WAIT. That doesn't mean you get to decide to sell something tomorrow and walk away with your cash. It may take all year for someone to come along that wants what you have at your asking price! Maybe even after a little negotiating. <b><u>People are cheap! Dealers have over head!</u></b> You're always fighting a current buying and selling. Most smart sellers are doing what you have to do and sitting on product until they get what they want. Very few collectors appreciate what coins are actually worth and are able to pay.</p><p><br /></p><p> I will say ebay is expensive because people don't want to eat the fees. They want what they want after the sale and you pay the extra fees. I bought a type coin at a show recently that a dealer had listed on ebay for $800. In person at the show, he let it go for $600. It was a barber and absolute bottom dollar. I saved a screen shot on my phone.</p><p> I bought another coin off ebay a couple years ago for $1525. Highly desirable. Had a dealer offer me $1k for it. Passed. Ended up selling on ebay for $1375. So I lost fees out of that too. Still more than the dealer, (but not a lot more) and obviously less than I had in it. To buy it, the original seller wouldn't budge off price. So what's the value of the coin? They'd probably still have it for sale at the same price if I hadn't bought it originally. If you want it you pay. If not, no sale. No way to know what the value is other than a "range".</p><p><br /></p><p> I've found I can usually break even or close if I need to. Shows is where it's at. Auction sites are convenient but you pay for that convenience and don't expect to get it all back if you need to sell. For most it's a hobby. To some it's a business. The motives and ambitions of the two parties are not the same. I never buy anything with the intention of selling later and rarely do. But it doesn't hurt to sell once in a while just to find out what people are willing to pay to help guide your buying. Happy new year all.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 3975806, member: 13650"]Anybody who thinks selling is as quick and easy as walking into a dealers shop and getting a nice fair offer is delusional. You buy things on ebay and there is a large markup to cover the sellers costs of using ebay. You go to trade or sell to a dealer, (assuming its a highly desirable piece their even willing to purchase from you), the offer will be much less than you're expecting. If you want remotely close to what you bought at, you need to sell to the public yourself and WAIT. That doesn't mean you get to decide to sell something tomorrow and walk away with your cash. It may take all year for someone to come along that wants what you have at your asking price! Maybe even after a little negotiating. [B][U]People are cheap! Dealers have over head![/U][/B] You're always fighting a current buying and selling. Most smart sellers are doing what you have to do and sitting on product until they get what they want. Very few collectors appreciate what coins are actually worth and are able to pay. I will say ebay is expensive because people don't want to eat the fees. They want what they want after the sale and you pay the extra fees. I bought a type coin at a show recently that a dealer had listed on ebay for $800. In person at the show, he let it go for $600. It was a barber and absolute bottom dollar. I saved a screen shot on my phone. I bought another coin off ebay a couple years ago for $1525. Highly desirable. Had a dealer offer me $1k for it. Passed. Ended up selling on ebay for $1375. So I lost fees out of that too. Still more than the dealer, (but not a lot more) and obviously less than I had in it. To buy it, the original seller wouldn't budge off price. So what's the value of the coin? They'd probably still have it for sale at the same price if I hadn't bought it originally. If you want it you pay. If not, no sale. No way to know what the value is other than a "range". I've found I can usually break even or close if I need to. Shows is where it's at. Auction sites are convenient but you pay for that convenience and don't expect to get it all back if you need to sell. For most it's a hobby. To some it's a business. The motives and ambitions of the two parties are not the same. I never buy anything with the intention of selling later and rarely do. But it doesn't hurt to sell once in a while just to find out what people are willing to pay to help guide your buying. Happy new year all.[/QUOTE]
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