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<p>[QUOTE="GDJMSP, post: 1285290, member: 112"]Anything that they already have customers looking to buy. And that means it will be something they don't have.</p><p><br /></p><p><br /></p><p><br /></p><p>It is. And it is usually at this point the most collectors find out that what they have is not worth anywhere near what they paid for it. And that what they have is extremely common and nobody wants to buy it.</p><p><br /></p><p><br /></p><p><br /></p><p>This is typical. Especially when the coins for that date and mint are commonly found in that particular grade. The dealer probably already has 10 or 15 of everything you have. So why would he want to buy more ?</p><p> </p><p><br /></p><p><br /></p><p>It usually is. That's why you should collect because you love the coins, not to make a profit. Because you usually won't.</p><p><br /></p><p><br /></p><p><br /></p><p>That is a straight answer. What it means is that they want you to bring them something don't have. In other words, something that is not common. Nobody wants to buy a 1930 MS63 cent because they've already got 20 of them. But bring them a 1931-S MS65 cent and they'll make you an offer.</p><p><br /></p><p><br /></p><p><br /></p><p>Depends - is the coin problem free ? If it isn't, then odds are they won't want it. What variety is it ?</p><p><br /></p><p><br /></p><p><br /></p><p>If it's worth less than $200 that leads me to believe it is a common variety, in a commonly found condition, and probably not one they could easily sell.</p><p><br /></p><p><br /></p><p><br /></p><p>In all honesty it isn't. Coins that cost between $200 - $500 are pretty common. In 2 hours you can find a thousand of them to buy just by picking up the phone. Pretty much any dealer will have a full inventory of them. So they have little incentive to buy more.</p><p><br /></p><p><br /></p><p><br /></p><p>Being a Proof has nothing to do with the grade. And a '41 PF65 dime sells for less than $150. And there are almost 5,000 of them graded 65 and higher by NGC and PCGS alone. Not exactly a scarce coin.</p><p><br /></p><p>Proofs from the '50s and '60s are even more more common. So common that nobody wants them. A '53 PF68 dime sells for about $50.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>I suspect he was pulling your leg. In the first place there is only 1 1909-S VDB NGC MS 67 Red in existence. And it would probably be priced somewhere around $100,000. The '14-D in 66, there are less than 15 in existence and sell for around $25,000.</p><p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p><br /></p><p><br /></p><p><br /></p><p>You can always sell what everybody wants but only a few have. That '14-D cent would be a good example. But you are always going to have to be able to overcome the buy/sell spread which on a coin like that is probably going to be around 10-20%.</p><p><br /></p><p>But if you could buy it for a given amount, why would anybody want to pay more ? If they did, they would have already bought it for what you paid. You might have to wait years for the market to change enough to even be able to get your money back. Your timing has to be just right, both ways, or else you are going to lose on the deal.</p><p><br /></p><p>Coins, even the truly scarce or even rare coins, do not always just go up in value. Quite often they go down in value too. So even when buying the keys in the highest grades you have no assurance that you will ever get your money back on that purchase.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1285290, member: 112"]Anything that they already have customers looking to buy. And that means it will be something they don't have. It is. And it is usually at this point the most collectors find out that what they have is not worth anywhere near what they paid for it. And that what they have is extremely common and nobody wants to buy it. This is typical. Especially when the coins for that date and mint are commonly found in that particular grade. The dealer probably already has 10 or 15 of everything you have. So why would he want to buy more ? It usually is. That's why you should collect because you love the coins, not to make a profit. Because you usually won't. That is a straight answer. What it means is that they want you to bring them something don't have. In other words, something that is not common. Nobody wants to buy a 1930 MS63 cent because they've already got 20 of them. But bring them a 1931-S MS65 cent and they'll make you an offer. Depends - is the coin problem free ? If it isn't, then odds are they won't want it. What variety is it ? If it's worth less than $200 that leads me to believe it is a common variety, in a commonly found condition, and probably not one they could easily sell. In all honesty it isn't. Coins that cost between $200 - $500 are pretty common. In 2 hours you can find a thousand of them to buy just by picking up the phone. Pretty much any dealer will have a full inventory of them. So they have little incentive to buy more. Being a Proof has nothing to do with the grade. And a '41 PF65 dime sells for less than $150. And there are almost 5,000 of them graded 65 and higher by NGC and PCGS alone. Not exactly a scarce coin. Proofs from the '50s and '60s are even more more common. So common that nobody wants them. A '53 PF68 dime sells for about $50. I suspect he was pulling your leg. In the first place there is only 1 1909-S VDB NGC MS 67 Red in existence. And it would probably be priced somewhere around $100,000. The '14-D in 66, there are less than 15 in existence and sell for around $25,000. [LEFT][COLOR=#000000] [/COLOR][/LEFT] You can always sell what everybody wants but only a few have. That '14-D cent would be a good example. But you are always going to have to be able to overcome the buy/sell spread which on a coin like that is probably going to be around 10-20%. But if you could buy it for a given amount, why would anybody want to pay more ? If they did, they would have already bought it for what you paid. You might have to wait years for the market to change enough to even be able to get your money back. Your timing has to be just right, both ways, or else you are going to lose on the deal. Coins, even the truly scarce or even rare coins, do not always just go up in value. Quite often they go down in value too. So even when buying the keys in the highest grades you have no assurance that you will ever get your money back on that purchase.[/QUOTE]
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