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<p>[QUOTE="GDJMSP, post: 2518111, member: 112"]Your end result is typical. 95% of all collectors lose money when they try to sell their collections. </p><p><br /></p><p>Now there's all kinds of reasons for that, more of them than most could ever imagine. First of all there's the buy/sell spread, even in the best of circumstances that's usually a minimum of 20%. And 40% is not unheard of. So that, all by itself, would explain the results you experienced.</p><p><br /></p><p>Then there's market timing. The coin market is like a live, living thing, it goes up and it goes down just like any other market does. Now I don't know how long ago you bought the coins you were trying to sell, but if it was within the last 10 years, then this would be a partial explanation for the prices you received on selling.</p><p><br /></p><p><img src="http://www.pcgs.com/PCGSMedia/graphs/index10graph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p>That's what the coin market as a whole has been doing for the last 10 years - going down. It is presently at levels not seen since 2006.</p><p><br /></p><p>Then you have what I call the equality issue. You see, not all coins are equal, every individual coin is unique. You can have 10 examples of a single coin, all graded exactly the same and by the same TPG. Put them all up for sale in different places, or even all 10 up for sale in the same auction - and at least 8 of them will bring different prices. With some selling for as much as double what another sold for. But you will have a wide range of prices. That's because the coins are not equal to each other.</p><p><br /></p><p>Now there's several other issues that come into play that I won't even bother to go into because I think you've seen just with I've said so far why 95% of collectors lose money when they sell their collections. Any and sometimes even all of these issues are involved. But inevitably, whenever a collector goes to sell his coins and loses money - he's surprised, flabbergasted even, because he never expected such a thing.</p><p><br /></p><p>Well, that right there is the problem. Because you see, it's what he should have expected to begin with.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2518111, member: 112"]Your end result is typical. 95% of all collectors lose money when they try to sell their collections. Now there's all kinds of reasons for that, more of them than most could ever imagine. First of all there's the buy/sell spread, even in the best of circumstances that's usually a minimum of 20%. And 40% is not unheard of. So that, all by itself, would explain the results you experienced. Then there's market timing. The coin market is like a live, living thing, it goes up and it goes down just like any other market does. Now I don't know how long ago you bought the coins you were trying to sell, but if it was within the last 10 years, then this would be a partial explanation for the prices you received on selling. [IMG]http://www.pcgs.com/PCGSMedia/graphs/index10graph.gif[/IMG] That's what the coin market as a whole has been doing for the last 10 years - going down. It is presently at levels not seen since 2006. Then you have what I call the equality issue. You see, not all coins are equal, every individual coin is unique. You can have 10 examples of a single coin, all graded exactly the same and by the same TPG. Put them all up for sale in different places, or even all 10 up for sale in the same auction - and at least 8 of them will bring different prices. With some selling for as much as double what another sold for. But you will have a wide range of prices. That's because the coins are not equal to each other. Now there's several other issues that come into play that I won't even bother to go into because I think you've seen just with I've said so far why 95% of collectors lose money when they sell their collections. Any and sometimes even all of these issues are involved. But inevitably, whenever a collector goes to sell his coins and loses money - he's surprised, flabbergasted even, because he never expected such a thing. Well, that right there is the problem. Because you see, it's what he should have expected to begin with.[/QUOTE]
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