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Valued Member
Hammbone's Avatar
United States
133 Posts
 Posted 05/29/2014  6:53 pm Show Profile   Bookmark this topic Add Hammbone to your friends list Get a Link to this Message Number of Subscribers
I am in the middle of a coin deal and the dealer is offering 10% below bluesheet prices on ALL CERTIFIED COINS. Is this good or not good?
Pillar of the Community
United States
1554 Posts
 Posted 05/29/2014  7:06 pm  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
good
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oih82w8's Avatar
United States
7840 Posts
 Posted 05/29/2014  7:07 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Sounds good...what does (s)he have to offer?
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Joe2007's Avatar
United States
3843 Posts
 Posted 05/29/2014  7:12 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
Not good if you are selling.
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NathanASE's Avatar
United States
1511 Posts
 Posted 05/29/2014  7:25 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
... To each his own, but I wouldn't do it, I just couldn't stand getting less than they're worth regardless to who buys it, though I understand the dealers point of view and needing to turn a profit, it's just not for me. But all considered, I suppose for selling to a dealer that isn't too bad.... But selling privately I wouldn't doubt seeing you get greysheet or above... That's the price of selling tow dealer opposed to doing the selling yourself.. Which I would do.

Edit- wait.... Are you selling or buying? I was thinking you were selling... But now am thinking you meant buying... If that's the case check recent completed sales on eBay/harritage just to double check..
Edited by NathanASE
05/29/2014 7:28 pm
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Joe2007's Avatar
United States
3843 Posts
 Posted 05/29/2014  7:31 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
If you are buying make sure it is reputable TPGs like PCGS, NGC, and ANACS.
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 05/29/2014  8:36 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
Considering that you're selling to a dealer this is a very good price. Dealers usually offer 50% of trends. They have to turn a profit you know... still I would never sell my coins at such a discount. I'd rather take my chances on ebay or consign my coins (Usually a 20%-30% fee).
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arianzo's Avatar
Canada
2124 Posts
 Posted 05/29/2014  10:03 pm  Show Profile   Bookmark this reply Add arianzo to your friends list Get a Link to this Reply
Lol.... you wanted a fast answer and the people is not sure if you are selling or buying.....if the dealer is offering I guess you are selling....
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Cruisinfusion's Avatar
United States
1531 Posts
 Posted 05/29/2014  10:17 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
Blue sheet... No, I wouldn't sell my coins at 10% below, let alone Blue Sheet price at all.
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 05/29/2014  11:09 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
As said, sell...NO WAY. Buy, YES.
Valued Member
Hammbone's Avatar
United States
133 Posts
 Posted 05/30/2014  01:09 am  Show Profile   Bookmark this reply Add Hammbone to your friends list Get a Link to this Reply
Helping my aunt sell a big collection. Went through a portion of boxes tonight and buyer is coming back tomorrow afternoon- told him "I would sleep on the offer" because I wanted to check back here to read the replies. So I guess it's not a good deal if I'm selling but what is another option? there is no way I can individually sell a collection so large- it's not manageable and frankly I'm sick of coins but want my aunt too get a fair price. Someone please give me a reasonable option. She doesn't trust anyone to sell it for her, I can't do it but I can contact dealers who will give me names of their buyers- one of them being the one that it had a meeting with today. I feel like we are handing over a collection to a person that is getting us on the raw coins especially when I question specific coins and the answer always seems to be "it's been cleaned" or "that's a ms64 not a ms65" there is always a fall back answer from the buyer in which they know I can't dispute. I want to know if I'm being too distrusting because of my own lack of knowledge or if dealing with a buyer/dealer is a choice we'll have regrets later? Any suggestions? I hope I can get answer before they come back tomorrow.
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edweather's Avatar
United States
7375 Posts
 Posted 05/30/2014  01:32 am  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Is there a hurry to sell them? If you are sick of coins, and in a hurry, you will leave $$ on the table. Is there a chance you could take a step back and take a breath.
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NathanASE's Avatar
United States
1511 Posts
 Posted 05/30/2014  07:42 am  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
I'm pretty sure we've told you this before... If you sell them to a dealer/buyer in a large lot your not going to get close to the true value of the coins and money will be left on the table, plain and simple.

But to maximize return (and to possible get equal or more) than your uncle originally paid is not a quick task and surly cannot be done rushed or in a single sale... It will take some time...

If it were mine... I'd spend sometime researching and put anything over value "X" for sale individually and sell the rest of the low value stuff in lots... But even then not to a dealer... Your aunt needs totals the time herself or trust you (someone) to do it or there's no avoiding taking a major hit.
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machine20's Avatar
United States
1272 Posts
 Posted 05/30/2014  08:52 am  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
ebay?
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fioti's Avatar
United States
4212 Posts
 Posted 05/30/2014  09:08 am  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
I agree w/joe. All TPG were not created equal. Anyway, take your time, if you can.
New Member
31 Posts
 Posted 05/30/2014  12:38 pm  Show Profile   Bookmark this reply Add lyingliberty to your friends list Get a Link to this Reply
Have you considered selling on Heritage, stacks Bowers, goldberg, or other auction houses? They may be able to help... if the collection is extensive. I think the addresses below are to their sites.


http://www.stacksbowers.com/

http://www.ha.com

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