Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Rick Tomaska's Coin show on - this will be cool Cameo Ikes!
>
Reply to Thread
Message:
<p>[QUOTE="GoldFinger1969, post: 8589905, member: 73489"]If his prices are LOWER than actual sales on Ebay (NOT offers) then it's probably because the market price (FMV) for the item fell substantially. I would say the average markup I have seen is about 25-35% over FMV.</p><p><br /></p><p>Again...I understand he's a businessman....he needs to cover his costs and/or make a profit....so I understand the markup.</p><p><br /></p><p>My fear is not someone who dips their toe in and buys 1 or 2 or 3 coins <b>but someone who blows their entire budget for the next 5 or 10 years </b>and then finds they are underwater and need a mini-bubble to break even.</p><p>Which is why it's important that people do their DD so they aren't disappointed later. He's a good story-teller and most people can goto the internet to check prices, I hope they are doing that.</p><p>I don't know about grade slabs going in whose favor....but <b><span style="color: #0000ff">most of the Double Eagles and Morgans </span></b>I have seen offered are common or semi-commons. As to be expected.</p><p><br /></p><p>Yes, the certified coins eliminates most of the possibility of counterfeits but again the question is are the prices offered close to FMV.</p><p>True, if you want to buy off the TV -- Rick or QVC or Home Shopping Network -- you get convenience at a price.</p><p><br /></p><p>But the internet is cheaper, <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> whether it is Amazon for general goods or HA/GC/Ebay for coins (if you know how to buy).</p><p>No problem. It's the repeat buyers or those who put big $$$ they really can't afford that will come back to bite the hobby.</p><p><br /></p><p>We want coins in STRONG hands.</p><p>I've seen some shows for them, but most are on Double Eagles (Liberty's and Saints) and Morgans. I know he also had some on the 6-coin ASE set that came out in 2021.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 8589905, member: 73489"]If his prices are LOWER than actual sales on Ebay (NOT offers) then it's probably because the market price (FMV) for the item fell substantially. I would say the average markup I have seen is about 25-35% over FMV. Again...I understand he's a businessman....he needs to cover his costs and/or make a profit....so I understand the markup. My fear is not someone who dips their toe in and buys 1 or 2 or 3 coins [B]but someone who blows their entire budget for the next 5 or 10 years [/B]and then finds they are underwater and need a mini-bubble to break even. Which is why it's important that people do their DD so they aren't disappointed later. He's a good story-teller and most people can goto the internet to check prices, I hope they are doing that. I don't know about grade slabs going in whose favor....but [B][COLOR=#0000ff]most of the Double Eagles and Morgans [/COLOR][/B]I have seen offered are common or semi-commons. As to be expected. Yes, the certified coins eliminates most of the possibility of counterfeits but again the question is are the prices offered close to FMV. True, if you want to buy off the TV -- Rick or QVC or Home Shopping Network -- you get convenience at a price. But the internet is cheaper, :D whether it is Amazon for general goods or HA/GC/Ebay for coins (if you know how to buy). No problem. It's the repeat buyers or those who put big $$$ they really can't afford that will come back to bite the hobby. We want coins in STRONG hands. I've seen some shows for them, but most are on Double Eagles (Liberty's and Saints) and Morgans. I know he also had some on the 6-coin ASE set that came out in 2021.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Rick Tomaska's Coin show on - this will be cool Cameo Ikes!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...