Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Paper Money
>
What did I just buy/sell?
>
Reply to Thread
Message:
<p>[QUOTE="BooksB4Coins, post: 2367228, member: 36230"]As with coins, Sully, it doesn't matter how many were produced; all that matters today is how many survive (don't let the guys who focus only on mintage tell you otherwise) coupled with demand.</p><p><br /></p><p>You also may have just experienced the fact that there are different markets, and is why in past threads I pressed you to know yours. As an example, let's say that the guy you bought the note from only sells locally. Perhaps they don't sell in HIS market, but by offering on ebay, you moved the note to a completely different market where there apparent is a demand for them, at least in that price range. I've said this before too, but there are people who make a fairly decent living just by taking items from one market, often simply buying from the right B&Ms, shows, whatever, and reselling on ebay. The key to success though is, again, to know the items you're buying/selling and to <i>know your market</i>. You may have gotten lucky on this one, but unless careful, next time the opposite could happen. Congrats on a fine sale.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 2367228, member: 36230"]As with coins, Sully, it doesn't matter how many were produced; all that matters today is how many survive (don't let the guys who focus only on mintage tell you otherwise) coupled with demand. You also may have just experienced the fact that there are different markets, and is why in past threads I pressed you to know yours. As an example, let's say that the guy you bought the note from only sells locally. Perhaps they don't sell in HIS market, but by offering on ebay, you moved the note to a completely different market where there apparent is a demand for them, at least in that price range. I've said this before too, but there are people who make a fairly decent living just by taking items from one market, often simply buying from the right B&Ms, shows, whatever, and reselling on ebay. The key to success though is, again, to know the items you're buying/selling and to [I]know your market[/I]. You may have gotten lucky on this one, but unless careful, next time the opposite could happen. Congrats on a fine sale.[/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
>
Paper Money
>
What did I just buy/sell?
>
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...