Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Thinking of selling my meager collection
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 1337096, member: 112"]Yes, that happens. But what happens even more often is that the dealer is actually making a fair offer. The seller just doesn't realize it.</p><p><br /></p><p>Collectors may spend their entire lives putting together their collections. But the vast majority of them end up being collections with common date, common grade (usually low grade) coins. And the coins really aren't worth much when it comes down to it. Usually they are even worth less than what the collector paid for them. Because for every one of those common date, mid or low grade coins in your collection, that dealer already has 10 or 15 of them in his inventory. And he's offering to sell them for the same amount, or less, than what you the collector want him to pay you for your coins.</p><p><br /></p><p>Of course if you walked in there and just offered him the keys and semi keys from every series you own, you'd get offered what you thought was a fair price. But then you're stuck with everything else that you can get nothing, or almost nothing, for.</p><p><br /></p><p>And trying to sell your collection to other collectors, rarely does that work. Those other collectors already have the same coins you have, they don't want them either. The only coins they want are the keys and semi keys - just like the dealer. And if it took you a lifetime to assemble that collection, it will also take you a lifetime to sell it to other collectors for that reason. So rarely is selling to other collectors a viable option when push comes to shove.</p><p><br /></p><p>It may sound harsh, but that is reality. And I'm sorry, but reality is harsh.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1337096, member: 112"]Yes, that happens. But what happens even more often is that the dealer is actually making a fair offer. The seller just doesn't realize it. Collectors may spend their entire lives putting together their collections. But the vast majority of them end up being collections with common date, common grade (usually low grade) coins. And the coins really aren't worth much when it comes down to it. Usually they are even worth less than what the collector paid for them. Because for every one of those common date, mid or low grade coins in your collection, that dealer already has 10 or 15 of them in his inventory. And he's offering to sell them for the same amount, or less, than what you the collector want him to pay you for your coins. Of course if you walked in there and just offered him the keys and semi keys from every series you own, you'd get offered what you thought was a fair price. But then you're stuck with everything else that you can get nothing, or almost nothing, for. And trying to sell your collection to other collectors, rarely does that work. Those other collectors already have the same coins you have, they don't want them either. The only coins they want are the keys and semi keys - just like the dealer. And if it took you a lifetime to assemble that collection, it will also take you a lifetime to sell it to other collectors for that reason. So rarely is selling to other collectors a viable option when push comes to shove. It may sound harsh, but that is reality. And I'm sorry, but reality is harsh.[/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
>
Thinking of selling my meager collection
>
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...