Message:

<p>[QUOTE=&quot;The_Cave_Troll, post: 397308, member: 1674&quot;]My margin on generic gold is less than 10% so if someone is interested in having something that is easily sold to numerous dealers at very small margins that is the way to go.&nbsp; The risk in that is that the value of the coins is not collector driven, it is driven by the spot price of gold and the needs of the major telemarketers.&nbsp; If they are pushing something, its price rises as they quickly deplete the market of the available inventory; but as soon as they move to a new program the price of that particular item returns to its &quot;real&quot; price (read as &quot;it&#039;s un-hyped price&quot;).&nbsp; It is a difficult market to master, especially for a non-dealer simply because unless you are selling to the telemarketers directly (or selling to the dealers that do) you will always be one step behind the curve.</p><p><br /></p><p>Another thing that I am agressive on is the common key dates (the 20th century coins that are heavily collected but quite common like the 09-SVDB and 14-d cents, 16-D dime, 1916 quarter, 1921 peace, 1921 halves, Morgan dollar keys, etc.) because they will always have a ready buyer at the current value.</p><p><br /></p><p>Finally nice, eye-appealing type coins in 64-67.&nbsp; I&#039;m talking about seated, bust, and Barber coins with above average eye-appeal (not overly messed with pieces).</p><p><br /></p><p>The exact opposite is modern mint &quot;stuff&quot; where I offer 70-85% of greysheet bid depending on how good the rest of the collection is because it is super common and I will just have to wholesale it out to someone else at very little profit.&nbsp; Another is MS/PF 70/69 coins, they simply don&#039;t have a strong enough market for them for me to be aggressive when purchasing them.&nbsp; I have yet to be offered any of these and been able to make the person a profit.&nbsp; There is just not a broad enough base of people collecting them for them to do anything but go down in price as more and more of them are &quot;made&quot;.</p><p><br /></p><p>Does that help?[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in