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 Replies: 18 / Views: 2,588 |
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Pillar of the Community
Canada
1177 Posts |
Does anyone find a problem when buying graded coins you can not haggle the dealer because of catalog values?
Dealer is selling an MS-64 1935 for 125$.
I want it!
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Pillar of the Community
Canada
5324 Posts |
unless its a key date, the dealer probably paid 50 to 60 percent trend for it.
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Pillar of the Community
Canada
2495 Posts |
Dealers no longer pay anything close to 50 to 60 percent.
They pay between 25 to 40 percent now.
I'd strongly advise to a collector, to only pay between 50% to 80% for a coin.
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Pillar of the Community
United States
1436 Posts |
One thing to remember is that dealers usually buy in bulk, and get coins on average MUCH cheaper than the regular coin collector. I'm sure most use the grey sheet and Red Book to sell. If everyone had enough cash on hand to buy like that, prices would be down across the board. Unfortunately, that is not the case.  |
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Pillar of the Community
 Canada
1177 Posts |
what do you think about the MS-64 1935 for 125
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Pillar of the Community
Canada
1177 Posts |
they're all over ebay for 112 but should I trust it? |
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Pillar of the Community
Canada
1177 Posts |
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Pillar of the Community
Canada
1554 Posts |
 Go for it! It's only money and remember: ya can't take it with you when you die, so enjoy! Glenn  |
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Pillar of the Community
Canada
5324 Posts |
you can buy all you want at torex next weekend for around 100.00
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Pillar of the Community
Canada
1177 Posts |
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Bedrock of the Community
Australia
21788 Posts |
'American Pickers' is an educational show that ALL coin collectors should take the time to watch. It gives you an insight on how a coin dealer needs to operate and pay all of his business expenses out of his profits. Sometimes makes you wonder if auction may be the better way to go, especially for big ticket items, where authentication is essential. Also makes me appreciate that authentication and accurate grading for your own interests is essential. Perhaps ebay rather than dealer better for low value items. I will ALWAYS negotiate with a dealer, slabbed coins or not. Slabs don't have prices on them. Edited by sel_69l
10/18/2012 6:15 pm
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Pillar of the Community
1844 Posts |
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Pillar of the Community
Canada
1177 Posts |
@artido - that's the same one I listed 2 or 3 posts before :P
I'm watching it, I find there's not alot of eye appeal to it, I will wait unti saturday and try to get my dealer to give it to me for the same price!
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Pillar of the Community
Canada
5324 Posts |
torex is coin show next weekend near toronto airport many dealers
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Pillar of the Community
Canada
2495 Posts |
Yes, Torex is next weekend and he may find the coin for $100 or $110, but he has to pay admission and then parking and then gas money. Total that up and it's way more than the one currently selling on ebay. |
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Pillar of the Community
Canada
4227 Posts |
The dealer in the ebay link has been good to deal with for me, so if I liked the coin I would pull the trigger (I just bought an MS 63 1936 dollar from them recently!). |
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Replies: 18 / Views: 2,588 |
Posted 10/18/2012 4:18 pm
