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High Dollar Raw Coins Questions

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Bedrock of the Community
United States
20753 Posts
 Posted 09/28/2015  11:11 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I only see one problem. They are not graded by a TPGS. For that amount of money, I'd say get them certified and graded. For all you know they may be fakes.
Bedrock of the Community
BH1964's Avatar
United States
10982 Posts
 Posted 09/28/2015  11:29 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
If the sucker was me they would be in my hand right now.


Good to hear Dave. Do your due diligence and use your common sense and you'll be fine. Glad you are asking questions.
ANA #R3154474
Pillar of the Community
denco7's Avatar
United States
2543 Posts
 Posted 09/28/2015  11:41 am  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply

Quote:
If the sucker was me they would be in my hand right now.


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davec13's Avatar
United States
757 Posts
 Posted 09/28/2015  12:30 pm  Show Profile   Bookmark this reply Add davec13 to your friends list Get a Link to this Reply
I think I am going to just bite the bullet and have a third party "mediate" the deal so to speak. He is a well known (in the area) collector/buyer and he spends ridiculous money on coins each year. I'm going to see if he will be a sort of escrow agent and handle the coins and money with an agreement in place that they will be professionally graded with an agreed upon price based on condition. This is the only "fair" way I can see to handle the situation. If I lose a couple hundred on grading/insuring/shipping I can still sleep at night. Losing thousands because of my bad judgment I'll be kicking myself for a long time.
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 09/28/2015  1:06 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Grade and/or condition does not need to be discussed at all when making an offer for these or any other coins. Discussing grade and/or condition does nothing but put the buyer and seller in two different opposing camps.

If you only talk money, then you won't set up quite so insurmountable a barrier between you. You do need to be confident in the offer you make and you do need to have a good idea of grade NOT based on sellers opinion. If you need to be "safe" in your offer, that's the best thing and will give the seller an honest opinion of what you believe the coins are worth to YOU.

I've bought many collections from collectors, collector's heirs, hoarders, silver stackers, and about any other "category" you can think of that would have coins to sell.

The one thing I can absolutely guarantee is that the more complicated you make it, the more problems that can evolve. Doing a deal based on a supposed TPG guarantee, or another dealers opinion, or any of the other possible options (with the exception of pictures posted HERE) only allows for more problems to develop.

Make an offer. If it's good it's good, if it isn't, you know.
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johntookit's Avatar
United States
589 Posts
 Posted 09/28/2015  3:33 pm  Show Profile   Bookmark this reply Add johntookit to your friends list Get a Link to this Reply
Moxking, Your answers are well thought out from many years of experience(trial and error)in dealing with others. Always enjoy reading your response to questions.
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Cascade's Avatar
United States
7390 Posts
 Posted 09/28/2015  4:04 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply

Well said mox
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