Figuring Out How Much To Pay For A Coin

To participate in the forum you must log in or register.

Author	Replies: 6 / Views: 174
snitchard Valued Member United States 422 Posts	Posted Yesterday 4:38 pm Hello, I just bought this 2001-P Capital Vistor's Center Proof Half Dollar. The Numismedia FMV price for this coin is $21. I did see some on ebay for $25 to $30 before shipping. When specifically buying from somewhere online (like ebay) what is a good rule oof thumb so I don't overpay? A very long time ago a dealer at a coin show told me to go about 15% to 20% over FMV and anything over is paying too much and that advice has served me well, at least at coin shows and coin shops. How do I apply that to online purchases? Do I include shipping in the percentage calculation? I found this coiin and after shipping I paid $16.16. The OGP was a little beat up but that's OK, the coin looks great. Thanks, Rich Rich M. - Collector since 2008 Report this Post to the Staff

jbuck Moderator United States 194816 Posts	Posted Yesterday 4:47 pm Price guides are just that, guides. The real price is what you or anyone else is willing to pay. Availability is a factor, and if this was the best price based on what was available to you, then that is the price. That being said, I believe you did well. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
snitchard Valued Member United States 422 Posts	Posted Yesterday 4:50 pm Thank You Jbuck, you're always a rockstar!!! Rich M. - Collector since 2008 Edited by snitchard Yesterday 4:51 pm Report this Post to the Staff
jbuck Moderator United States 194816 Posts	Posted Yesterday 4:53 pm My pleasure. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
commems CCF Master Historian of Commemorative Coins United States 12505 Posts	Posted Yesterday 6:54 pm Congrats! IMO, shipping costs need to be included for online purchases as, combined with the asking price, are part of the Total Price paid for the coin (I'll disregard sales tax for this discussion). The Total Price paid for an online purchase is the price that needs to be compared with a face-to-face transaction as that is the honest way to compare prices. Collecting history one coin or medal at a time! (c) commems. All rights reserved. Report this Post to the Staff
howell1018 Pillar of the Community United States 775 Posts	Posted Yesterday 8:47 pm I think factoring shipping costs is relative. If you're buying this particular coin and shipping is $5, then shipping is particularly relevant, but if you're buying a $3,000 dollar coin....not so much. Report this Post to the Staff
Greasy Fingers Pillar of the Community United States 7279 Posts	Posted Yesterday 9:33 pm Myself, I look at the shipping charges like gas, vehicle maintenance and my personal time when traveling to the LCSs around me, so I don't include it towards the cost of the coin. I do include tax though because heck it's part of the equation when biding in auctions. Report this Post to the Staff
	Replies: 6 / Views: 174

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Commemoratives and Non-Circulating Coinage (NCLT) Including Grading, Varieties, and Errors

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.3 seconds to rattle this change.