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What Is The Best Time Of Year To Find Good Deals On Coins?

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MikeF's Avatar
United States
3479 Posts
 Posted 12/23/2016  03:10 am Show Profile   Bookmark this topic Add MikeF to your friends list Get a Link to this Message Number of Subscribers
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spru's Avatar
United States
12477 Posts
 Posted 12/23/2016  03:31 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
I'm not buying coins at this point (except the copper CCF token that I am looking forward to), but I would guess Holiday season is not the best.

On a side note, your signature seems to validate another I've seen (sorry I can't remember who) that basically says those who say "There's no such thing as a stupid question" are invariably the ones who keep asking them.

It's funny but not wholly true here. Keep asking.
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
12/23/2016 03:36 am
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 12/23/2016  05:26 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
The holiday season might be a good time to go for auctions on ebay. I just had a couple coins sell for much less than they were worth (I'm still pretty salty. I lost out on over $60 in revenue between their selling prices and my error in not changing my default from free shipping).
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twslisa's Avatar
United States
790 Posts
 Posted 12/23/2016  06:04 am  Show Profile   Bookmark this reply Add twslisa to your friends list Get a Link to this Reply
I'm hardly an expert on these things, but I've been watching auctions the last few weeks, and it seems to me that the bidding slowed down quite a bit last week. I wondered if some people who would normally bid were, like me, tapped out after buying Christmas gifts and prepping for holiday stuff.

On the other hand, there's an absolutely stunning toned proof Jefferson nickel coming up this weekend that has a book value of $13--someone has already bid $350 (it wasn't me)! So the crazy bidders are still out there for the especially desirable coins.

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MikeF's Avatar
United States
3479 Posts
 Posted 12/23/2016  07:16 am  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply

Quote:
On a side note, your signature seems to validate another I've seen (sorry I can't remember who) that basically says those who say "There's no such thing as a stupid question" are invariably the ones who keep asking them.

It's funny but not wholly true here


Glad you got a kick out of it. I was actually laughing out loud when I typed it in. Brutal honesty always makes for a good laugh!
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moxking's Avatar
United States
17900 Posts
 Posted 12/23/2016  08:01 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
This last week was stellar for ebay auctions. I always devote my October, November, and December purchasing for the 10 days before Christmas, and I never sell during that two weeks before Christmas.

Purchased some beautiful items for 10-25% less than the normal selling prices, which is pretty huge for the coins on my want list.

The next three days are also typically great for buying too.
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 12/23/2016  08:31 am  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
IMO and experience, summertime. too many people away on holiday and you're highly likely to snipe an auction last second online.
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T-BOP's Avatar
United States
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 Posted 12/23/2016  09:55 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Probably the best time would be January . A good month after the Christmas madness of everyone buying coins for presents ,sales die down for the dealers . So this IMHO is the best time of year to find good deals .
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United States
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 Posted 12/23/2016  11:03 am  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
When I see an offering for "Or Best Offer" I start with a rock bottom offer and go from there. Just this last week the sellers seem more reasonable and willing to bargain. On the really scarce Morgans they are just as stingy as ever.
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trout1105's Avatar
Australia
7096 Posts
 Posted 12/23/2016  11:12 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
The Best deals can be had from noodling around the festive season as the many jars and piggybanks of coins are cashed in at this time of year.
Many Non collectors that find an interesting coin toss it into their change jars etc. instead of spending them But when funds run short as they always do at this time of year off to the Bank they go.
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edweather's Avatar
United States
7375 Posts
 Posted 12/23/2016  12:28 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Summertime, and around November/December.
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 12/23/2016  1:42 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I think summertime. Coins are mostly an indoor activity and when the weather is nice, most want to be outside.
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AgHoarder's Avatar
Canada
818 Posts
 Posted 12/23/2016  1:45 pm  Show Profile   Bookmark this reply Add AgHoarder to your friends list Get a Link to this Reply
The owner of my LCS always says "buy in the summer, sell in the winter".
For me personally, I buy whenever I see a good deal.
Bedrock of the Community
United States
20753 Posts
 Posted 12/23/2016  6:04 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
After over 60 years of coin collecting I've found that the best time to buy coins is on February 30th and 31st. Also, April 31, June 31, November 31.
I really don't think there is a better or worse time to buy anything.
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T-BOP's Avatar
United States
18456 Posts
 Posted 12/23/2016  7:14 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Sorry Carl , but I have to disagree . From what I understand, the best time to buy coins is on a full moon . New moons are ok too but they say dealers are quite cranky and will often kick you out the door without making a sale .
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Broken-Coin's Avatar
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1812 Posts
 Posted 12/24/2016  11:47 am  Show Profile   Bookmark this reply Add Broken-Coin to your friends list Get a Link to this Reply
Good deals can be found all year long, you just have to educate yourself in your area of interest and know when to jump on extremely under priced items that are not correctly described..

In the last month I was able to purchase two inverted overprint errors printed on Web-Press-Notes..

The 1st was for $225 and the second was listed under "Buy it Now" from a dealer for $349.00 (postage included)..

Most of my CCF post's are in the U.S. Currency Forum, and I've been tracking Overprint Errors printed on Natick Test Paper and Web-Press-Notes and posting in-depth Census results of confirmed errors along with the exact serial numbers awaiting confirmation..

The top note does have a tear on the lower right, and if you notice the definition of "Premium" in the Web Handbook, the quoted value is regardless of the notes condition (they are that rare)..


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Edited by Broken-Coin
12/24/2016 11:49 am
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