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<p>[QUOTE="GDJMSP, post: 724431, member: 112"]Tony that's part of your problem. Price guide magazines like Coin Values, Coin Market, Coins and all the rest - are often off by as much as 100%. Meaning if the true value of a coin is $100 they list it as being $200. There is no published price guide that is only off a few percent. Sorry, but that's the truth.</p><p><br /></p><p>And as others have said, not every coin gets the same kind of offer. With common everyday stuff, regardless of what the price range is, it is common for most dealers to only offer about 50% of what retail value might be. That's because they already have 5, 10 or 20 of the same coin you are trying to sell them.</p><p><br /></p><p>Now you say that selling to a collector is the way to go. Well is it really ? If you only have 1 or 2 coins to sell, then yeah, maybe it is. But what if you have 50, 100 or more ? Do you think you can find that many collectors who happen to want to buy the coins you are selling ? And even if you could, would your coins be the grades they wanted to buy ? And would you and the buyer agree on the grade of that coin ? It's a lot harder to sell coins to collectors than you think.</p><p><br /></p><p>This hobby is absolutely rampant with stories just like yours. Do you know why ? Most often it is because the person like you has this idea of what their coins are worth, but the problem is, the coins really are not worth that much. Usually not even close to that much. So when you go to a dealer to sell your coins you think you are getting ripped off. When the reality of the situation is that you are getting a fair offer.</p><p><br /></p><p>And no Tony, I am not a coin dealer and have never been a coin dealer. But what I said is the truth of the matter.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 724431, member: 112"]Tony that's part of your problem. Price guide magazines like Coin Values, Coin Market, Coins and all the rest - are often off by as much as 100%. Meaning if the true value of a coin is $100 they list it as being $200. There is no published price guide that is only off a few percent. Sorry, but that's the truth. And as others have said, not every coin gets the same kind of offer. With common everyday stuff, regardless of what the price range is, it is common for most dealers to only offer about 50% of what retail value might be. That's because they already have 5, 10 or 20 of the same coin you are trying to sell them. Now you say that selling to a collector is the way to go. Well is it really ? If you only have 1 or 2 coins to sell, then yeah, maybe it is. But what if you have 50, 100 or more ? Do you think you can find that many collectors who happen to want to buy the coins you are selling ? And even if you could, would your coins be the grades they wanted to buy ? And would you and the buyer agree on the grade of that coin ? It's a lot harder to sell coins to collectors than you think. This hobby is absolutely rampant with stories just like yours. Do you know why ? Most often it is because the person like you has this idea of what their coins are worth, but the problem is, the coins really are not worth that much. Usually not even close to that much. So when you go to a dealer to sell your coins you think you are getting ripped off. When the reality of the situation is that you are getting a fair offer. And no Tony, I am not a coin dealer and have never been a coin dealer. But what I said is the truth of the matter.[/QUOTE]
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