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<p>[QUOTE=&quot;C G Memminger, post: 2557124, member: 71506&quot;]You make your money when you buy. Here are a few things I have learned about &quot;steals.&quot;&nbsp; Bottom line:&nbsp; You&#039;re looking for sellers who are (a) unsophisticated and/or (b) need cash NOW.</p><p><br /></p><p>Ebay steals do happen, but not often.&nbsp; Key ingredient to a Ebay steal is a seller with a couple coins and tons of other stuff.&nbsp; I&#039;ve caught 2 eBay steals in the past 5-6 years.&nbsp; One was an 81-CC GSA for $285...and I was the only bid. Terrible obverse picture only.&nbsp; when it arrived, I was astonished to find a beautiful reverse rainbow! Second was a 1900-O/CC Morgan slider. Seller was clueless.&nbsp; Buy it Now price was $25.&nbsp; OK!</p><p><br /></p><p>I&#039;ve caught some good buys on craigslist.&nbsp; Here&#039;s a strategy that had produced a few good deals:&nbsp; In short---have cash available--particularly on Sundays. Post in the Collectibles section on Sunday AM&nbsp; &quot;Need Cash Today?&quot; Then describe what you want.&nbsp; Most memorable deals: (a) a guy who needed cash for a fishing trip.&nbsp; I bought 100 1968 Mexico City Olympic commems at 65% of melt.&nbsp; (b) a guy was hot on a multi-gun deal in San Antonio--needed $4500 fast.&nbsp; He sold me four 1947 Mexican 50-peso gold coins.&nbsp; Sold them the next day to dealer buddy for 3% back of melt---roughly $7000 at the time.</p><p><br /></p><p>Finally, let people know what you want.&nbsp; Lots of people are sitting on coins, currency, Confederate bills, you name it----and have no clue what to do with them.&nbsp; Friends, family, neighbors, co-workers, clients, vendors----anyone!</p><p><br /></p><p>Another important element is having an &quot;out.&quot;&nbsp; Ebay is a good out, if you can handle having your money tied up for a few weeks.&nbsp; I have a dealer here in Austin to whom I have sold a lot of stuff.&nbsp; Develop a relationship, and work it.&nbsp; Leave some meat on the bones for the dealer.&nbsp; Creates goodwill, and gets you better pricing than the guy walking into the coin shop with a coffee can full of silver.&nbsp; When silver was around $30, I got my hands on about 80 pounds of junk silver. My dealer will not soon forget this deal--as he picked them up at 10% back of melt.&nbsp; I was pleased to let them go at that price, as I locked in my profit and my cash was not involved.</p><p><br /></p><p>Good luck.[/QUOTE]</p><p><br /></p>

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