Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
The costs of the coin dealer
>
Reply to Thread
Message:
<p>[QUOTE="National dealer, post: 6512, member: 487"]Well lets start with the 1921 Morgan Dollar. In G-4 I would offer melt. In VG the current bid is only $9.05</p><p>After the purchase, I would give these coins away for promotions in a 2x2 with the company name placed on the holder. A Morgan Dollar in any condition makes a great impression.</p><p><br /></p><p>As far as Halves go, it all depends on the coin. Buying at $2. and selling for $2.50 sounds pretty good.</p><p><br /></p><p>As a standard, I pay 10% back of current bid of common material. For tough dates or keys, I pay over bid. Sometimes over ask. It all depends on our current needs and our ability to move the material. Many dealer around the country will tell you of our bidding wars over the right coin. I have very good customers that will step up for the right coin. Some coins do not get reflected well in the greysheet. </p><p>A perfect example, today we aquired a PCGS MS-63 1921-S Walking Liberty for 15% over ask. This is the first coin I have seen available in two years. Sometimes it is necessary to make a judgement call. </p><p>When placing a value on your coins, take into consideration the customer who will eventually purchase the coin. </p><p>A large part of our current line is geared towards the registry sets. These coins are far too advanced for average collectors. Just remember that you have to sell what the customer wants. Let them decide on what value they will place on it. </p><p>I hope that makes sense.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 6512, member: 487"]Well lets start with the 1921 Morgan Dollar. In G-4 I would offer melt. In VG the current bid is only $9.05 After the purchase, I would give these coins away for promotions in a 2x2 with the company name placed on the holder. A Morgan Dollar in any condition makes a great impression. As far as Halves go, it all depends on the coin. Buying at $2. and selling for $2.50 sounds pretty good. As a standard, I pay 10% back of current bid of common material. For tough dates or keys, I pay over bid. Sometimes over ask. It all depends on our current needs and our ability to move the material. Many dealer around the country will tell you of our bidding wars over the right coin. I have very good customers that will step up for the right coin. Some coins do not get reflected well in the greysheet. A perfect example, today we aquired a PCGS MS-63 1921-S Walking Liberty for 15% over ask. This is the first coin I have seen available in two years. Sometimes it is necessary to make a judgement call. When placing a value on your coins, take into consideration the customer who will eventually purchase the coin. A large part of our current line is geared towards the registry sets. These coins are far too advanced for average collectors. Just remember that you have to sell what the customer wants. Let them decide on what value they will place on it. I hope that makes sense.[/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
>
Coin Chat
>
The costs of the coin dealer
>
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...