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Message:: [QUOTE="ziggy9, post: 1329008, member: 8360"]What is full market value? Ideally it is what you can reliably expect to sell a coin for. As such a dealer can never give you FMV because he has to make a profit to stay in business. What is reasonable for a dealer to spend on a coin? That depends. If you bring me a coin that I know I can sell within the next two weeks then I will offer between 90% and 95% (which is basically Grey sheet bid) for the coin. If it is a coin of some rarity but I don't expect to be able sell it quickly I might offer 70% to 75% because it is going to tie up my money for a bit. If on the other hand you bring me a 1909 VDB in XF condition (Grey sheet ask 13.75) don't expect to see more than a few bucks. WHY? Because I and probably every other dealer in the room have 15-20 1909 VDB's in XF or better in their inventory and don't really need to add another.What this all means is that a dealer will set his prices on his needs, not your expectations. You don't have to accept his price but if you do then you don't really have anything complain about. It is not my job to educate every person that comes to my table about the realities of the trade (I often do but it is not a requirement). In have no way of knowing what you know about the coin you are selling, all I know is how much I need or don't need that coin in my inventory. Richard[/QUOTE]