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 Replies: 20 / Views: 874 |
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Pillar of the Community
United States
8789 Posts |
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Pillar of the Community
United States
4023 Posts |
VF35, price seems a bit high.
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Bedrock of the Community
United States
11919 Posts |
obv XF45 rev VF35. i'll net it to XF40
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Bedrock of the Community
United States
67732 Posts |
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Bedrock of the Community
United States
17200 Posts |
EF-40-45 . A smidgen of green on reverse .Price seems high . 
In Memory of Butch L.
and Jim U. rest in peace .
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Pillar of the Community
United States
8789 Posts |
Why does the price seem high?
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Pillar of the Community
United States
4023 Posts |
Well, price seems high at VF35, which is what I have it at. If it pulls XF40, it's an OK price  |
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Valued Member
United States
469 Posts |
I also have this one at VF-35
If it squeezes into XF40 you bought it at greysheet price, which is nothing to write home about.
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Pillar of the Community
United States
8789 Posts |
What is the greysheet for this at XF40? The eagle has a full top feather outline on both sides. Many XF Barber halves in PCGS holders don't even have that so I'm not worried that it's VF. IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS Help me optimize my photo setup: http://goccf.com/t/411871 |
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Pillar of the Community
United States
3718 Posts |
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Pillar of the Community
United States
2716 Posts |
Looks like a keeper. Add me to the EF-40 parade. Pretty decent strike for the date. There may be a scratch below the eye and a little chatter in the field east of Miss Liberty, and it may want to go for an acetone swim.
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Valued Member
United States
469 Posts |
Greysheet is $325, so you actually paid more than a dealer to dealer price. Typically we hook each other up with 10-20 percent back of greysheet.
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Pillar of the Community
United States
8789 Posts |
Quote:
Greysheet is $325, so you actually paid more than a dealer to dealer price. Typically we hook each other up with 10-20 percent back of greysheet. Why would I expect to get a dealer-to-dealer price in a retail setting like ebay? Also I find it hard to believe that this coin trades between $260-$292.50 among dealers. Why would a dealer give up the opportunity to make the $200 spread to retail unless they were desperate for cash. This isn't a 1881-S Morgan dollar that you can buy by the truckload in an MS63 PCGS holder. I think that your claim that I overpaid for this coin because I didn't get a 35-45% discount from retail is ridiculous.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS Help me optimize my photo setup: http://goccf.com/t/411871Edited by numismatic student
11/29/2021 4:07 pm
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Valued Member
United States
469 Posts |
I buy coins all the time under greysheet.
Dealers buy coins and sells amongst each other for back of greysheet.
That is common knowledge when you're a dealer or friends with them.
I understand now that you didn't know that.
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Pillar of the Community
United States
4023 Posts |
I've personally bought plenty of coins on eBay at wholesale, or close to it, and sometimes under. Especially raw. If you see this as XF then you did just fine, and that's all that matter bc it's your coin, but then why post and ask for opinions? I'm still at VF35, and personally wouldn't have paid more than $280-$300. That said, I'd also have to probably keep looking a lot longer to find my deal than you did. |
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Pillar of the Community
United States
8789 Posts |
Everyone has their own idea of what a fair price for a coin is. My idea, based on my situation, is probably different than yours based on your situation. But saying thst I should expect to pay nothing more than the price that a dealer provides to other professionals as a courtesy and that anything above that is overpaying is unreasonable.
Dealers may, if they are able to, provide back of bid pricing, but they either expect a reciprocal courtesy down the road or are really in need of cash. Otherwise they can wait for a retail customer to come around to pay the full retail price.
I have received bargains, paid greysheet and I have paid way above "retail" in some cases. It depends on the situation. To take a broad brush and say that anything above 10-20% below greysheet is overpaying in naive and disrespectful of the value that dealers provide by sourcing material that we all need to complete our collections.
Back of bid pricing is a dealer courtesy not a right that everyone should expect.
Edited by numismatic student
11/29/2021 5:56 pm
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Replies: 20 / Views: 874 |
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Posted 11/29/2021 07:59 am
