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Hagglers at Shows

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  • jmlanzafjmlanzaf Posts: 37,817 ✭✭✭✭✭
    edited December 4, 2025 4:36PM

    @Coinscratch said:

    @MasonG said:

    @Walkerfan said:
    I’ll agree with you that the market does fluctuate, but when I’m buying a coin, I want to pay today’s price not yesterday’s or tomorrow’s

    Three coins at an auction:

    1) No collector interest, it gets bought by a dealer for his website.
    2) Good collector activity, it sells to one of them.
    3) Several bidders perceive upgrade potential and bid the coin up.

    Which one(s) are "today's price"?

    edited to add... I'll tell you what I think. Without knowing who bought the coin and why, it is difficult to tell how the final bid relates to the "actual market price". YMMV, of course.

    An average of the three.

    Lol. They aren't the same coin. I would never price an 1881-S Morgan by averaging and 1881-S Morgan, a 1916D Mercury dime and a high relief St. Gauden's.

    🤣

    Even if they are the same coin, what good is the average if you have an A coin, a C coin and a toner?

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • MFeldMFeld Posts: 15,547 ✭✭✭✭✭

    @lermish said:

    @Cougar1978 said:
    One guy prices some of his stuff a little high leaving room for his whup the hagglers game.

    Says “if they want play game ok we play game.”

    His theory is many haggle because they are incompetent at pricing coins. So they try leave themselves a little room thru haggling.

    How many times do you want to tell us the exact same thing in the exact same thread?




    Maybe he treats his own posts the same way he does those of other forum members - he doesn’t pay attention to them? So it wouldn’t surprise me if he has no idea what or how many time he’s posted. 😉

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • CoinscratchCoinscratch Posts: 10,279 ✭✭✭✭✭

    @jmlanzaf said:

    @Coinscratch said:

    @MasonG said:

    @Walkerfan said:
    I’ll agree with you that the market does fluctuate, but when I’m buying a coin, I want to pay today’s price not yesterday’s or tomorrow’s

    Three coins at an auction:

    1) No collector interest, it gets bought by a dealer for his website.
    2) Good collector activity, it sells to one of them.
    3) Several bidders perceive upgrade potential and bid the coin up.

    Which one(s) are "today's price"?

    edited to add... I'll tell you what I think. Without knowing who bought the coin and why, it is difficult to tell how the final bid relates to the "actual market price". YMMV, of course.

    An average of the three.

    Lol. They aren't the same coin. I would never price an 1881-S Morgan by averaging and 1881-S Morgan, a 1916D Mercury dime and a high relief St. Gauden's.

    🤣

    Even if they are the same coin, what good is the average if you have an A coin, a C coin and a toner?

    Well that brings up another topic.
    I don’t think C coins should even exist.
    And toners should be graded equally.
    But they do and they’re not.

  • CoinscratchCoinscratch Posts: 10,279 ✭✭✭✭✭

    Here’s a fine example of a toner bump.
    Maybe a little biased I made it.

    MS67

    Then the toned MS67+ clearly inferior to mine but worth $3950 more than mine.

    And still I was haggled at least once 😆

  • MFeldMFeld Posts: 15,547 ✭✭✭✭✭

    @Coinscratch said:

    @jmlanzaf said:

    @Coinscratch said:

    @MasonG said:

    @Walkerfan said:
    I’ll agree with you that the market does fluctuate, but when I’m buying a coin, I want to pay today’s price not yesterday’s or tomorrow’s

    Three coins at an auction:

    1) No collector interest, it gets bought by a dealer for his website.
    2) Good collector activity, it sells to one of them.
    3) Several bidders perceive upgrade potential and bid the coin up.

    Which one(s) are "today's price"?

    edited to add... I'll tell you what I think. Without knowing who bought the coin and why, it is difficult to tell how the final bid relates to the "actual market price". YMMV, of course.

    An average of the three.

    Lol. They aren't the same coin. I would never price an 1881-S Morgan by averaging and 1881-S Morgan, a 1916D Mercury dime and a high relief St. Gauden's.

    🤣

    Even if they are the same coin, what good is the average if you have an A coin, a C coin and a toner?

    Well that brings up another topic.
    I don’t think C coins should even exist.
    And toners should be graded equally.
    But they do and they’re not.

    Why shouldn’t “C coins” exist? “C” is simply used to denote low-end for the grade. If there shouldn’t be “C” coins, there shouldn’t be “A” or “B” coins, either.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • MasonGMasonG Posts: 6,363 ✭✭✭✭✭

    @MFeld said:
    Why shouldn’t “C coins” exist? “C” is simply used to denote low-end for the grade. If there shouldn’t be “C” coins, there shouldn’t be “A” or “B” coins, either.

    If "C coins" are eliminated, there will only be "A coins" and "B coins". Then, "B coins" will be the low-end for the grade, which means they must be eliminated like "C coins" were, leaving just "A coins". And now, "A coins" will include low-end for the grade, meaning... well, you can see where this leads, right?

  • CoinscratchCoinscratch Posts: 10,279 ✭✭✭✭✭

    @MFeld said:

    @Coinscratch said:

    @jmlanzaf said:

    @Coinscratch said:

    @MasonG said:

    @Walkerfan said:
    I’ll agree with you that the market does fluctuate, but when I’m buying a coin, I want to pay today’s price not yesterday’s or tomorrow’s

    Three coins at an auction:

    1) No collector interest, it gets bought by a dealer for his website.
    2) Good collector activity, it sells to one of them.
    3) Several bidders perceive upgrade potential and bid the coin up.

    Which one(s) are "today's price"?

    edited to add... I'll tell you what I think. Without knowing who bought the coin and why, it is difficult to tell how the final bid relates to the "actual market price". YMMV, of course.

    An average of the three.

    Lol. They aren't the same coin. I would never price an 1881-S Morgan by averaging and 1881-S Morgan, a 1916D Mercury dime and a high relief St. Gauden's.

    🤣

    Even if they are the same coin, what good is the average if you have an A coin, a C coin and a toner?

    Well that brings up another topic.
    I don’t think C coins should even exist.
    And toners should be graded equally.
    But they do and they’re not.

    Why shouldn’t “C coins” exist? “C” is simply used to denote low-end for the grade. If there shouldn’t be “C” coins, there shouldn’t be “A” or “B” coins, either.

    If a low end, MS 67 is considered a C coin it should’ve been graded 66+ or 66.

  • Cougar1978Cougar1978 Posts: 9,105 ✭✭✭✭✭

    @MFeld said:

    @Cougar1978 said:
    As a buyer at shows do you haggle with dealers?

    As a dealer - how do you handle hagglers?

    That brings to mind some other questions:

    As a seller at shows, do dealers (and/or collectors) haggle with you?
    As a collector, how do you handle hagglers?

    Mostly regard them as PL - Pathetic Losers

    Investor

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