Message:

<p>[QUOTE=&quot;omahaorange, post: 2198928, member: 28199&quot;]<b>&quot;So from what your saying, not only does what I have now have no numismatic value but it&#039;s not even worth popping out the coins and taking them to the bank.&quot;</b></p><p>No, that&#039;s not what he&#039;s saying at all.&nbsp; The point being made is that a serious collector would not be interested in the set, per se, but in any key or semi-key dates contained within said set.&nbsp; This would detract from the prices of the more valuable coins, as the collector would look at what it would cost him to sort through the other coins and dispose of them.</p><p><br /></p><p><b>&quot;I&#039;m going to make this as clear as I can, how much would you pay for a completed set of wheat pennies?&quot;</b></p><p>And I&#039;m going to try to make this as clear as I can...There is no definitive answer to this question because there are too many variables involved in providing a you with straight answer.&nbsp; For instance, what is your source of these coins?&nbsp; Are you buying from eBay?&nbsp; Did you find a little old lady who has no idea what she has, and you&#039;re able to get them for pennies (pun intended) on the dollar?&nbsp; Have you found a collector willing to let you buy these coins at a discount from Red Book pricing? Are you buying from a real dealer, paying close to Red Book pricing?&nbsp; Are you finding them as you walk down the street?&nbsp; See what I mean, there are too many variables involved in the <b>cost</b> of the set to give you a solid <b>profit number</b> when you go to flip the set.</p><p><b><br /></b></p><p><b>&quot;&quot;For the hundredth time you can&#039;t make any money on this set!&quot; well lets say for the sake of argument, I was able to buy all the coins for $1, can I still not make money on the set?&quot;</b></p><p>For the sake of argument, you can make a very good profit if you buy this set for $1.00, even if you sell it for $100.&nbsp; However, for the sake of argument, let&#039;s pretend we live in the real world.&nbsp; Chances are you&#039;re not buying this completed set for a buck, or $100, or even $500.&nbsp; The last time I saw a similar set go at a live auction was several years ago, the set missing only the &quot;09 S VDB and &quot;14 D.&nbsp; The auctioneer set a reserve and if that wasn&#039;t met, he was selling the key dates separately.&nbsp; The reserve turned out to be $500 (revealed once it was met) and the set sold for $515.</p><p><br /></p><p><b>&quot;I understand all of your are not trying to be mean and are trying to help, but; your helping with the wrong problem.&quot;</b></p><p>I don&#039;t think anybody is being &quot;mean&quot;, and most answers were quite helpful.&nbsp; You seem not to able to grasp the idea that there is no cut and dry answer to your question based on the information you provided in your original post.&nbsp; You have been given many helpful and insightful answers, yet you refuse to accept those answers and instead, demand a solid concrete number to an equation that has too many variables.&nbsp; The best I can tell you is this:</p><p><br /></p><p>The very basic principle in making money by selling an item or commodity is to buy that item or commodity at the lowest price you can, then sell that item or commodity at the highest price you can.&nbsp; The difference between the two prices is your profit.&nbsp; it is up to you to fill in the blanks for those two numbers.[/QUOTE]</p><p><br /></p>

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