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<p>[QUOTE="Tom B, post: 1907186, member: 11854"]It's great to do homework and have a plan. Heck, I urge folks to do just that, too, but most folks do not take the time to sufficiently protect themselves. However, your question is just so broad yet you seem to be focused on such a small aspect of it that it makes me think you might be a little too focused on that aspect.</p><p><br /></p><p>To have a much better idea of downside protection one might need to know if you are possibly going to buy coins that have a large percentage of their value tied to their bullion content or not; if they are in stable, widely traded classic series or if they are in more volatile modern series; are they going to be pop-top coins influenced greatly by registry set competition or are they going to be below the pop-top threshold; how long will you hold the coins; what will the current condition of the overall market and economy be when you need to sell; do you value liquidity or possible gain more highly; will your aesthetic be the one currently in vogue when selling; etc....</p><p><br /></p><p>Additionally, have you weighed the various pros and cons of selling coins for yourself on a platform such as ebay vs. consignment to a dealer vs. outright sale to a dealer vs. consignment to a larger auction venue?</p><p><br /></p><p>There are quite a few large wrinkles to get through before one can get too concerned with selling fees. This is why I wrote my previous post.[/QUOTE]</p><p><br /></p>
[QUOTE="Tom B, post: 1907186, member: 11854"]It's great to do homework and have a plan. Heck, I urge folks to do just that, too, but most folks do not take the time to sufficiently protect themselves. However, your question is just so broad yet you seem to be focused on such a small aspect of it that it makes me think you might be a little too focused on that aspect. To have a much better idea of downside protection one might need to know if you are possibly going to buy coins that have a large percentage of their value tied to their bullion content or not; if they are in stable, widely traded classic series or if they are in more volatile modern series; are they going to be pop-top coins influenced greatly by registry set competition or are they going to be below the pop-top threshold; how long will you hold the coins; what will the current condition of the overall market and economy be when you need to sell; do you value liquidity or possible gain more highly; will your aesthetic be the one currently in vogue when selling; etc.... Additionally, have you weighed the various pros and cons of selling coins for yourself on a platform such as ebay vs. consignment to a dealer vs. outright sale to a dealer vs. consignment to a larger auction venue? There are quite a few large wrinkles to get through before one can get too concerned with selling fees. This is why I wrote my previous post.[/QUOTE]
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