Figuring Out How Much To Pay For A Coin

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Author	Replies: 4 / Views: 111
snitchard Valued Member United States 422 Posts	Posted Today 3H 13M ago 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 Today 3H 4M ago 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 Today 3H 1M ago Thank You Jbuck, you're always a rockstar!!! Rich M. - Collector since 2008 Edited by snitchard Today 3H 0M ago Report this Post to the Staff
jbuck Moderator United States 194816 Posts	Posted Today 2H 58M ago 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 Today 57M ago 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
	Replies: 4 / Views: 111

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