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 Replies: 27 / Views: 4,646 |
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Valued Member
United States
307 Posts |
Hi All! Im working on figuring out a value for some ASE Proofs (1986-2002)that belonged to my Grandmother. Retail value I can find, even though there is a big range. Is there a resource where I can find dealer "offer to buy" prices that I might expect from a coin dealer? I assume there might be a range depending on each coin, but I dont want to spend the time to get each one examined.. so a general wholesale value is ok. Thanks ! ~Nick Edit: So actually my question is: What is a dealer typically offering for ASE proofs? Edited by Cali_Nick
01/04/2016 02:22 am
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Pillar of the Community
United States
7390 Posts |
The all sell in the $50 +/- each range with box and coa except for a few years in the early 90s that go for around $80ish
Did you check for the 95w?
Edited by Cascade
01/03/2016 8:39 pm
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Valued Member
 United States
307 Posts |
There is a box of 6 1995-P still in Mint shipping box and one loose, but it looks like regular blue velvet box, so I'm 99% sure its just P. I still need to search rest of her stuff though.
Edited by Cali_Nick
01/04/2016 02:17 am
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Pillar of the Community
United States
1913 Posts |
If you're going to sell them, then I'd suggest just putting them on ebay. Take front and back pictures off all the coins, detail any significant imperfections and tell the story about them belonging to your grandmother. You'll basically get retail minus about 13% ( ebay and PayPal fees). Or you could take them to a large coin show and probably do about the same or perhaps a little worse. If you take them to a local coin shop, prepare to be lowballed by most of them. |
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Valued Member
United States
307 Posts |
I realize the prices coin shops offer will be much lower than retail, I was just wondering if anyone knew the approximate grey-sheet bid price. I'm attempting to make an inventory with retail and wholesale prices. There are a few things to be divided up...unfortunately not a perfect world. In a perfect world; ASE Proofs too me, 3,000 IKES to sister :) |
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Pillar of the Community
United States
7390 Posts |
I'd take the ikes  |
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Valued Member
United States
307 Posts |
Quote:
I'd take the ikes Haha if you would be interested I will be needing to sell those IKEs in the next month or so :) I dont know if youve lifted boxes full of IKES but they are very heavy, so I dont think shipping is possible :) And actually I think I will just buy a greysheet for myself, I need some wholesale prices on a few things. But in reality, dealers offer even lower than greysheet correct? |
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Pillar of the Community
United States
711 Posts |
When looking for buy prices, I often use this dealer's buy sheet. Note I have no business with these guys and can't vouch for them at all. I found this buy sheet while browsing through an advertisement in the CDN greysheet at the local coin store. I wish I could find more dealer published buy lists honestly. Very informative. https://www.upstatecoins.com/ Note, these prices were for 12.31.15 and are not for today. By the time most people see this post, that document will update later today in all likelihood. Edited by BuckeyeCoinGuy
01/04/2016 06:44 am
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Bedrock of the Community
 United States
12819 Posts |
One option is to to ebay and search for recent completed auctions. |
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Valued Member
United States
307 Posts |
Hey Thanks Guys!
Im looking at the buy prices listed and also at the ****sheet bid prices(that I bought).
The problem is that many of the sales taking place on e-bay are the same or lower than the bid price so I'm getting confused with what is retail value? Are e-bay prices considered below retail value? I thought they determine retail value.
Thanks
~Nick
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Pillar of the Community
United States
1913 Posts |
ebay prices are retail value. The market is not perfect. Sometimes coins will sell for more or less than retail. I'm not understanding why retail is important in your particular situation. I would think that the price a dealer would pay would be what you'd use to value an estate.
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Valued Member
United States
307 Posts |
Quote:
eBay prices are retail value. The market is not perfect. Sometimes coins will sell for more or less than retail. I'm not understanding why retail is important in your particular situation. I would think that the price a dealer would pay would be what you'd use to value an estate.
Thats exactly what I need Bret, sorry I got a little side-tracked. So I think the only way to find out what a dealer would pay is to drag all the coins to the dealer... |
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Pillar of the Community
United States
1913 Posts |
Is the plan to sell the coins and divide the money or is the plan to divide up the property by value? If it's the former, then just sell them on ebay and be done with it. If it's the latter, then just use the bid prices on the greysheet. |
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Valued Member
United States
307 Posts |
Its tough because I want to keep my share and possibly buy more than my share. But how do I make an honest valuation before something actually sells? And what if something sells for more or less than I estimated, I dont want anyone to think I cheated them.
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Pillar of the Community
United States
1913 Posts |
You're obviously not being greedy. Hopefully everyone else involved is of the same character. I think that valuing them at the grey sheet bid prices more than fair to everyone. Reality is that if you went to a large coin show, most dealers would buy them at bid minus a certain percentage. You'd be hard pressed to find a dealer to buy them at bid. And of course they'd have to be problem free and have all the original mint packaging with them. If anyone disagrees with using grey sheet bid, then ask them where they'd get the value from. Full coin shop retail is not fair to you and it's not realistic for anyone because they can't be sold for that much.
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Valued Member
United States
307 Posts |
I also want to make sure there is not a scenario such as: 40 ASE Proofs total. So 20 to me, 20 to my sister. I buy 10 from my sister for "Bid Price" of $45 each. She takes her remaining 10 to dealer who offers her only $35 each... I feel I shouldn't have to pay more than the dealer. Its reasonable to feel this way correct? (Im not being sarcastic, I'm really asking) |
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Replies: 27 / Views: 4,646 |
Posted 01/03/2016 8:28 pm
