I did not mean to start anything negative.
I would like to say, if I did know what these (8r's) sold for I would not have asked. I have never purchased a spanish coin, so I thought I would asked opinions.
I am in different coin shops at least 5 days a week. I have seen coins like this in the past, and know I have seen some sell in the $35 to $40 dollar range. I too am in a small town area, if a coin like this was on display in a local shop in this area, and trying to get $100 range .. it would sit for years.
I did do a short search on
ebay, to me the ones with bids were ship wreck coins in slabs. If a seller is sending his coins in to be slabbed .. that takes away a lot of profit on a $100 coin. But .. again I was not looking at these coins to sell .. just to add something different to my collection. And I am curious, how coins like these may have circulated in the united states ..pre 1858.
In my opinion to call a dealer a "rube" if he does not pay what you think he should pay is sort of insulting. A good dealer has to pay a fair price on a coin based on what he can sell it for at his shop. Any seller has the right to not sell if he does not like the price. Not all dealers sell online, so that is not always a fair guide for everyone or every area.
I buy a lot of coins ...every week. I am fully aware of price guides being retail and greysheet (CDN) being wholesale. Most all coins I buy at greysheet or back of greysheet, or even melt sometimes below melt.
I know coins like these are not in greysheet .. and how I buy using Kruase is another story.
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Posted 04/03/2013 9:09 pm
