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Think I am gonna go and collect NGC * coins now.
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<p>[QUOTE="medoraman, post: 1582602, member: 26302"]Just like it always has been. </p><p><br /></p><p>Two things about dealer, one good one bad. (Btw, I love dealers and hope the good ones here don't take this the wrong way).</p><p><br /></p><p>Good: Dealers provide a HUGE service to this hobby by basically buying everything we or people who inherit coins do not want. This liquidity greatly benefits the hobby.</p><p><br /></p><p>Bad: Lots of dealers have offered 20 cents on the dollar, and many severely undergrade when buying on purpose.</p><p><br /></p><p>But, all in all, they have to buy cheap to offer the hobby liquidity. </p><p><br /></p><p>Don't like it? Find a hobby that you lose 100% of any money spent on it. But, still, in coin collecting expect to lose 50% when buying/selling. I know many become pseudo dealers and will argue all day long they can make money, well good for them but I am talking about a regular collector who buys and sells everything through a dealer. 50% is a lot, and is why we advise to not "invest" in coins, but its still a HECK of a lot more residual value than most hobbies offer.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1582602, member: 26302"]Just like it always has been. Two things about dealer, one good one bad. (Btw, I love dealers and hope the good ones here don't take this the wrong way). Good: Dealers provide a HUGE service to this hobby by basically buying everything we or people who inherit coins do not want. This liquidity greatly benefits the hobby. Bad: Lots of dealers have offered 20 cents on the dollar, and many severely undergrade when buying on purpose. But, all in all, they have to buy cheap to offer the hobby liquidity. Don't like it? Find a hobby that you lose 100% of any money spent on it. But, still, in coin collecting expect to lose 50% when buying/selling. I know many become pseudo dealers and will argue all day long they can make money, well good for them but I am talking about a regular collector who buys and sells everything through a dealer. 50% is a lot, and is why we advise to not "invest" in coins, but its still a HECK of a lot more residual value than most hobbies offer.[/QUOTE]
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Think I am gonna go and collect NGC * coins now.
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