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Replies: 11 / Views: 1,645 |
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Pillar of the Community
United States
4000 Posts |
Or have I just been getting lucky?
I've scored several nice pieces at really nice prices lately - and more on the way! I'm even gonna check my mailbox on Sunday!
I'm sure there are people out there that are strapped and maybe selling a few pieces, but why would my dealer let them go so cheap?
Are they hurting, too?
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Bedrock of the Community
Australia
21786 Posts |
The answer to your second question is "yes", for some dealers.
I think that the economic climate is such that folks are more motivated now than they have been to pay down their credit card debts. Retailing is a tough business to be in these days. If you are fortunate enough to have a little money to spend to take advantage of soft numismatic prices, then go for it!
I find that I am spending a little more in the U.S. than in Australia. The exchange rate also has a lot to do with it.
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Pillar of the Community
United States
2661 Posts |
Yes I am seeing the same as you. The wife was buying silver rounds at the last show we went too for right around spot. Local auction prices realized are still inflated though, but that is due mostly to uneducated buyers.
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Valued Member
United States
244 Posts |
I haven't noticed that around here. Sure, maybe some dealers would be willing to haggle down to reasonable prices, but when their posted prices are 30% over guide, I figure what's the point in bothering.
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Bedrock of the Community
United States
17884 Posts |
Not on the stuff I collect, onward and upward! Leaving me in the dust. 
Edited by Conder101 11/20/2010 10:48 am
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Pillar of the Community
 United States
4000 Posts |
Quote: ...but when their posted prices are 30% over guide, I figure what's the point in bothering. That's the thing. All of the pieces I have picked up recently have been as much as 30% below greysheet bid.
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Pillar of the Community
United States
2734 Posts |
Realistic prices = yes
More key dates on the market = yes
Good deals on semi-keys for astute buyers = yes
Soft prices on quality items = no
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Valued Member
United States
451 Posts |
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Pillar of the Community
United States
2734 Posts |
Here in Denver (a huge Morgan market), Morgan/Peace are "as usual". (steady prices except for common melt value Morgan/Peace)
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Valued Member
United States
66 Posts |
Here in the midwest I've recently been able to pick up Morgans and silver statehood proof sets at very reasonable prices from my local coin shop at prices far below what I have been seeing advertised online for example 2001 silver proof set 65.00 2002 70.00 2008 70.00 .1921 Morgan unc-62 22.00 .I find these prices quite fair!
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Valued Member
United States
244 Posts |
What kind of stuff are you talking about, Scooby? Specific types of coins going for 30% below grey? Or across the board?
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Bedrock of the Community
United States
20753 Posts |
Going to coin shows almost every weekend I've found that basically no one knows people are in need of money, out of work or not buying coins. At a typical coin show last Sunday where there are normally about 30 dealers, they were still coming in at 10AM and setting up. Supposed to open at 9AM but most people start at about 8:30AM while dealers are still setting up. The place was more mobbed than normal also with customers and by the 10AM time, the aisles were actually crowded. No one had prices on anything that I would say are decent, cheap or even reaonable. One dealer was asking Red Book prices on all his coins and he had 3 tables full. He does so much buisness, he now hired a helper. Not sure what it's like anywhere else but around me coin prices are getting rediculous. After about 2 hours in that place I left with only one new coin.
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Replies: 11 / Views: 1,645 |
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