Opinions On A 1872 Seated Liberty Dollar - Page 2

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Author	Replies: 19 / Views: 3,428	Page: of 2

smokeriderdon Pillar of the Community United States 3755 Posts	Posted 01/01/2013 11:57 am 220 is grey sheet, which is wholesale. So several of you feel that the dealer should sell this coin, in a retail environment, at LESS than the wholesale dealer to dealer value. Riiiiight, gotcha. tgauchsin, that coin is a solid piece. It has great eye appeal for its grade. At 240, it's a good deal. If you offer 220 and get anything below the 240, consider it a bonus. But I would not hesitate to pay the 240. Report this Post to the Staff
IndianGoldEagle Bedrock of the Community United States 36839 Posts	Posted 01/01/2013 1:34 pm Most brick and mortar coin dealers do not pay Grey Sheet bid when buying coins over the counter. If you were to try to sell this coin to your local guy, my bet is you would be very lucky getting $150 for it. Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 01/01/2013 3:41 pm Quote: But to those of you who think the price is off the mark, I would ask out of curiosity, how much do you feel a dealer should be willing to buy it from you? I happened to have an August 2012 greysheet on my desk, so I checked... 220 is grey on the piece in G. Again, it is a genuine question. I'm just wondering, as if you feel a dealer should sell it for 180, or whatever, I suppose you would feel he should pay 120, or so? Greysheet is a guide only and often way off market reality. Coin World Values is pretty much worthless and I never use it. I use completed auction listings and Numismedia Wholesale to value coins. The auction record for this date certified G4 by PCGS/NGC is $253. That's the highest price on public records dating back a decade. The "retail" price range for this date certified problem-free G4 (PCGS, ANACS, NGC, ICG) is $184 to $253 over the last 5 years. Average "retail" price for certified G4 pieces is about $210. If I took this coin into a dealer for an offer, what would I expect? About $160 offer. And the dealer asking $240 is also in-line with what I'd expect them to "ask" for the coin. That gives them wiggle room to drop the price 10% and still make a profit. P.S. I paid one of the higher prices listed in the public auction records for this date. $230 last January for this beautiful NGC certified G4. http://coins.ha.com/c/item.zx?hdnJu...0309&x=0&y=0 ANA #R3154474 Report this Post to the Staff
linxlvr Valued Member United States 77 Posts	Posted 01/01/2013 4:43 pm That is one of the nicest G4's I've seen, slabbed or not. Little wonder it required a premium. BTW - Thanks for your response. Report this Post to the Staff
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