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<p>[QUOTE="yakpoo, post: 895699, member: 18157"]Back in "the day" (I'm talking late '60s, early '70s) the only place I could sell coins was to the local dealer...and he would only buy my coins because I was a regular customer.</p><p> </p><p>As a rule of thumb, I could expect to get "about" 50% of Red Book...sometimes more, <b>most times less</b>. It really depended on the particular coin...but 50% was what I used for an estimate.</p><p> </p><p>15% is <b>really good</b> if you're getting "Red Book" for your coins.</p><p> </p><p>If you're selling "crap coins" on eBay, you better get your money on the "back end" (S&H) because the fees will eat you alive.</p><p> </p><p>If you're looking to make money buying and selling coins in general, stick with high quality, key date coins. They offer the best opportunity for price appreciation...plus, the prices will be high enough to make the sales fees worthwhile...(imho). </p><p> </p><p>Keep in mind that <b>you make your money when you buy a coin; not when you sell it.</b> </p><p> </p><p>In other words, the decisions you make when you buy a coin determine it's investment potential. When you sell a coin, you're simply mitigating your losses.[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 895699, member: 18157"]Back in "the day" (I'm talking late '60s, early '70s) the only place I could sell coins was to the local dealer...and he would only buy my coins because I was a regular customer. As a rule of thumb, I could expect to get "about" 50% of Red Book...sometimes more, [B]most times less[/B]. It really depended on the particular coin...but 50% was what I used for an estimate. 15% is [B]really good[/B] if you're getting "Red Book" for your coins. If you're selling "crap coins" on eBay, you better get your money on the "back end" (S&H) because the fees will eat you alive. If you're looking to make money buying and selling coins in general, stick with high quality, key date coins. They offer the best opportunity for price appreciation...plus, the prices will be high enough to make the sales fees worthwhile...(imho). Keep in mind that [B]you make your money when you buy a coin; not when you sell it.[/B] In other words, the decisions you make when you buy a coin determine it's investment potential. When you sell a coin, you're simply mitigating your losses.[/QUOTE]
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