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<p>[QUOTE=&quot;National dealer, post: 24004, member: 487&quot;]Speedy,</p><p><br /></p><p>Below list price? You should know better than this by now. For what list are you referring to? Unless you are planning on selling your coins on TV, forget any price guide out there. </p><p>Second. Roy makes a fabulous point. We (dealers) survive on the turnover. While the market is good or bad, turnover is the safest way to make money. If you can profit a dollar on every coin sold, you only have to multiply the number of coins sold. </p><p>Too often collectors make this assumption that you can make 30 to 50 % on a coin. Only on TV.</p><p>You can buy any coin for a future sale. Whether you turn a profit or not is all in how you play the game. </p><p>First you must figure out what coin will be popular in a given time frame. </p><p>Second you must buy at a good price. </p><p>Third you must be able to sell at the given time.</p><p><br /></p><p>Many collectors jump onto the coin selling idea only to learn that this is not for everyone. Many dealers come and go in a years time. Predicting what a future customer will want is nothing short of playing the lottery.</p><p><br /></p><p>Here is an example: You go out and buy a nice 1885-CC Morgan in NGC MS-63 Current greysheet bid is $470.00</p><p>Sounds good so far huh?</p><p>Five years from now the market is doing great and the current bid is $550.00</p><p>Still sounds good huh?</p><p>Now you have to sell the coin. You hit the show floor to find that everyone wants a lower or higher grade or different grading service. No one will agree with the 63 grade on the holder. </p><p>So you run off to the auction services. Well we all know that those are the most unforgiving places. Everyone is looking for the bargain. Will the coin bring its full price or will the CC market fail? </p><p>Who knows. </p><p><br /></p><p>Be careful out there. Could be some nasty sharks in them waters <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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