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<p>[QUOTE="blsmothermon, post: 1063902, member: 26158"]That is all fine and dandy, but in my opinion centsdimes is right. If you took your collection in to the average coin dealer, he is gonna pull out the greysheet, go down it letter by letter, and then offer you 75% - 90% of bid depending on how marketable he considers your holdings to be. That is it plain and simple. It is one of the unfair parts of our hobby, but that is the intersection of hobby and business. </p><p> </p><p>That, along with the volatility of the precious metals markets, makes coins one of the riskiest investments possible. I continue to be baffled by people putting their life savings into coins. I believe that the posts above are correct, that to achieve the best yield on your coins (without opening your own coin shop) is to sell them in an auction setting. Not only will you get much closer to retail, you have the potential for bidding battles.</p><p> </p><p>I hope this helps. Merry Christmas!!![/QUOTE]</p><p><br /></p>
[QUOTE="blsmothermon, post: 1063902, member: 26158"]That is all fine and dandy, but in my opinion centsdimes is right. If you took your collection in to the average coin dealer, he is gonna pull out the greysheet, go down it letter by letter, and then offer you 75% - 90% of bid depending on how marketable he considers your holdings to be. That is it plain and simple. It is one of the unfair parts of our hobby, but that is the intersection of hobby and business. That, along with the volatility of the precious metals markets, makes coins one of the riskiest investments possible. I continue to be baffled by people putting their life savings into coins. I believe that the posts above are correct, that to achieve the best yield on your coins (without opening your own coin shop) is to sell them in an auction setting. Not only will you get much closer to retail, you have the potential for bidding battles. I hope this helps. Merry Christmas!!![/QUOTE]
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