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Pricing Question For Selling Your Coins

 
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Author Previous TopicReplies: 4 / Views: 289Next Topic  
Pillar of the Community
United States
9282 Posts
 Posted 09/01/2020  2:47 pm Show Profile   Bookmark this topic Add panzaldi to your friends list Get a Link to this Message
would you use the CDN greysheet CPG values to determine prices to sell your coins? if not is there a percentage of the value that would be a decent price that you would have felt you got a good deal and the purchaser got a good deal? 70% maybe? I understand dealers will pay about 50% retail

if not would you go with PCGS prices guide, numismedia, sales on ebay or all of the above and kind of average them out?
Bedrock of the Community
United States
19674 Posts
 Posted 09/01/2020  4:41 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Kind of depends on where your selling them. If on ebay, just use what ever is already used on ebay for prices only attempt to go a bit lower so they sell. However, remember ebay is mostly for bidding so you could loose out.
just carl
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Canada
3717 Posts
 Posted 09/01/2020  6:24 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
Dealers will certainly not pay 50% retail for every coin. So that depends on the coin. Even certified high grade modern Canadian decimal is tough to sell. Modern mint products are tough to sell. My LCS has resorted to selling a lot of the modern mint silver at bullion prices, now that the price of silver has jumped.
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United States
8127 Posts
 Posted 09/01/2020  7:07 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
Having worked in a shop for a few years, I can say it really depends on the coin in question. Dealers will pay less for stuff that they have have a lot of (proof sets, mint sets, commems, Wheat Cents, Buffalo nickels, etc.). However, if you have a few really nice coins or coins that the dealer can sell easily, the dealer should offer more.
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United States
3849 Posts
 Posted 09/01/2020  8:44 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply

Quote:
Kind of depends on where your selling them.

I agree 100% with @justcarl's post.
If you are selling on eBay, the references mentioned are meaningless, though maybe potential buyers at shows use these as guidelines. .
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