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<p>[QUOTE="geekpryde, post: 1867995, member: 36248"]Interesting question, and I don't have an answer for you yet. I am mostly only buying cheap coins, and the cost for CAC is around $15 per coin with shipping and insurance both ways, assuming you send 20 coins at once. (My exact cost was $300 for 20 coins).</p><p><br /></p><p>On the particular coin, I paid $35 shipped + $15 CAC is $50, with fees from eBay and Paypal and shipping, my breakeven is around $58. Full retail with coin is $60, but obviously they can be had cheaper. I think that with the NGC Fatty and a CAC, I can sell for a $10 premium for a nice coin with attractive toning, or $70.</p><p><br /></p><p>Now, perhaps this coin has to sit in my store a few month, or perhaps not. I will certainly keep everyone here posted on my "little adventure".</p><p><br /></p><p>The few reason I am trying this at all are:</p><p><br /></p><p>(1) I collect CAC Type coins, and its getting harder for me to find the coins I want without an insane premium.</p><p>(2) There are a ton of expensive coins with CAC stickers, but not so many under $100, which is where I buy a lot of material. I figure I can try and fill this gap.</p><p>(3) I am starting with nice cheap coins, since this is just testing the waters. I can find lots of nice cheap coins that most likely have never been sent to CAC (probably becuase no one else is dumb enough)</p><p>(4) If I fail, I will unload the coins at ~breakeven, even if it takes me months. I figure I may only lose a little money and a lot of time. I am looking at coins all day long already anyway.[/QUOTE]</p><p><br /></p>
[QUOTE="geekpryde, post: 1867995, member: 36248"]Interesting question, and I don't have an answer for you yet. I am mostly only buying cheap coins, and the cost for CAC is around $15 per coin with shipping and insurance both ways, assuming you send 20 coins at once. (My exact cost was $300 for 20 coins). On the particular coin, I paid $35 shipped + $15 CAC is $50, with fees from eBay and Paypal and shipping, my breakeven is around $58. Full retail with coin is $60, but obviously they can be had cheaper. I think that with the NGC Fatty and a CAC, I can sell for a $10 premium for a nice coin with attractive toning, or $70. Now, perhaps this coin has to sit in my store a few month, or perhaps not. I will certainly keep everyone here posted on my "little adventure". The few reason I am trying this at all are: (1) I collect CAC Type coins, and its getting harder for me to find the coins I want without an insane premium. (2) There are a ton of expensive coins with CAC stickers, but not so many under $100, which is where I buy a lot of material. I figure I can try and fill this gap. (3) I am starting with nice cheap coins, since this is just testing the waters. I can find lots of nice cheap coins that most likely have never been sent to CAC (probably becuase no one else is dumb enough) (4) If I fail, I will unload the coins at ~breakeven, even if it takes me months. I figure I may only lose a little money and a lot of time. I am looking at coins all day long already anyway.[/QUOTE]
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