Posted 07/07/2012 02:00 am
Welcome Bern.
After researching places like EBay(charges fees), Web Store (free to list), local coin shops and local coin trade shows you should then have enough information to see what the average retail price is.
If, for example, a coin sells for $ 30 on average at the above places I would bid $ 21 to whomever is selling it assuming that their business model allows negotiating.
This $ 21 represents a 30% discount which dealers attempt to achieve at a minimum.
Then if your final purchasing price is somewhere at or close to this $ 21 example price, this would be a well researched purchase which in turn would constitute a good buy for you.
IMHO
Quote:
how to determine a good buy.
how to determine a good buy.
After researching places like EBay(charges fees), Web Store (free to list), local coin shops and local coin trade shows you should then have enough information to see what the average retail price is.
If, for example, a coin sells for $ 30 on average at the above places I would bid $ 21 to whomever is selling it assuming that their business model allows negotiating.
This $ 21 represents a 30% discount which dealers attempt to achieve at a minimum.
Then if your final purchasing price is somewhere at or close to this $ 21 example price, this would be a well researched purchase which in turn would constitute a good buy for you.
IMHO
