What to expect when selling to a dealer?

Bailathacl

Is there a rule of thumb on what a collector can expect when selling raw coins or mint products to a dealer? (I realize that questions will open up a flood of responses!) But seriously, what is a fair return to expect? Greysheet discounted by a certain percentage? Or do you really have to shop around from store to store to avoid being ripped off? I realize it's better to sell on E-bay but sometimes need quick cash, what can I say....

Bustman

Depends on the coin, but for average coins, just shy of grey sheet bid. If you have a monster, shoot for the moon.

Cam40

If you sell to a dealer and give no indication as to knowing what you have and about what is worth you might not get a very good deal.Depends on the dealer I guess.

I think normally dealers offer some percentage below graysheet.

jcping

Rule of thumb: 80% of grey sheet bid price.

Some dealers might quote you 80% of blue sheet price.

Merc

I had one guy tell me he only buys at 80% greysheet bid. Well, I didn't sell to him. I sold to another who specialized in the coin I wanted to see and I was asked what I wanted for it. I offered to sell at greysheet and got my price.