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Realistic Asking Price for an MS-66 Silver Roosevelt Dime Set
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<p>[QUOTE="NPCoin, post: 3650980, member: 5629"]No price is realistic until the price you are willing to sell at crosses the price that somebody is willing to pay.</p><p><br /></p><p>However, because you are dealing with a graded set, you are going to run into a few setbacks.</p><p><br /></p><p>First of all, you have a mixed lot of both PCGS and NGC. So, although you may technically have a full set of silver Roosies, you do <b>not</b> have a full set of PCGS silver Roosies nor a full set of NGC Roosies. I believe it would be harder to sell at any premium price because the buyer will have to consider the risks of playing the crossover game and possibly downgrading to an MS65 on a number of coins in order to have a full registry set of a particular grader (PCGS or NGC). Not oly that, but I personally do no believe such low cost coins warrant the fees involved to grade in the first place.</p><p><br /></p><p>Secondly, this is a mid-grade set. The coins are fairly plentiful and readily available. Many of the potential buyers you would have probably won't need a good number of the coins offered in your set. Unless somebody is just getting into the registry bug, or is moving up from an MS63/64 set (which again does not warrant the grading fees to begin with), I do not believe you will have much interest in the coins as a set.</p><p><br /></p><p>You also need to consider not only your costs in building the set, but also the costs of venue fees, merchant fees, and shipping fees when selling.</p><p><br /></p><p>So, unless you are financially motivated (ie need the money ASAP), I would suggest that the best thing to do would be to audit your entire costs in building the set and determine the bare minimum you are willing to accept out of it. Then determine your costs to sell (all of your fees) and add those in. If you are going to consider any offers below your asking price, then you should also bump up the price for that consideration as well.</p><p><br /></p><p>Then it is all simply a waiting game until you find the buyer whose desire for the set crosses with your price (or makes the offer that achieves or exceeds your minimum).</p><p><br /></p><p>Another consideration would be to take your bare minimum and bump it about a bit or so and send out blind offers to dealers to purchase your set. That bump up will allow them to haggle back and forth with you.</p><p><br /></p><p><u><b>For example</b></u>, if you prudently built the set up and your total costs to acquire were only $600, then consider venue and merchant fees of up to 14%. That will require you to ask about $685 to recoup costs. The 48 slabbed coins will ship registered mail for about $35. So, that puts you at $720 ask to recoup costs. Bump that up for room to haggle and it's realistic.[/QUOTE]</p><p><br /></p>
[QUOTE="NPCoin, post: 3650980, member: 5629"]No price is realistic until the price you are willing to sell at crosses the price that somebody is willing to pay. However, because you are dealing with a graded set, you are going to run into a few setbacks. First of all, you have a mixed lot of both PCGS and NGC. So, although you may technically have a full set of silver Roosies, you do [B]not[/B] have a full set of PCGS silver Roosies nor a full set of NGC Roosies. I believe it would be harder to sell at any premium price because the buyer will have to consider the risks of playing the crossover game and possibly downgrading to an MS65 on a number of coins in order to have a full registry set of a particular grader (PCGS or NGC). Not oly that, but I personally do no believe such low cost coins warrant the fees involved to grade in the first place. Secondly, this is a mid-grade set. The coins are fairly plentiful and readily available. Many of the potential buyers you would have probably won't need a good number of the coins offered in your set. Unless somebody is just getting into the registry bug, or is moving up from an MS63/64 set (which again does not warrant the grading fees to begin with), I do not believe you will have much interest in the coins as a set. You also need to consider not only your costs in building the set, but also the costs of venue fees, merchant fees, and shipping fees when selling. So, unless you are financially motivated (ie need the money ASAP), I would suggest that the best thing to do would be to audit your entire costs in building the set and determine the bare minimum you are willing to accept out of it. Then determine your costs to sell (all of your fees) and add those in. If you are going to consider any offers below your asking price, then you should also bump up the price for that consideration as well. Then it is all simply a waiting game until you find the buyer whose desire for the set crosses with your price (or makes the offer that achieves or exceeds your minimum). Another consideration would be to take your bare minimum and bump it about a bit or so and send out blind offers to dealers to purchase your set. That bump up will allow them to haggle back and forth with you. [U][B]For example[/B][/U], if you prudently built the set up and your total costs to acquire were only $600, then consider venue and merchant fees of up to 14%. That will require you to ask about $685 to recoup costs. The 48 slabbed coins will ship registered mail for about $35. So, that puts you at $720 ask to recoup costs. Bump that up for room to haggle and it's realistic.[/QUOTE]
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Realistic Asking Price for an MS-66 Silver Roosevelt Dime Set
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