Home U.S. Coin Forum

Which coins have the least markup?

HigashiyamaHigashiyama Posts: 2,203 ✭✭✭✭✭
Or, said differently, if you buy a coin and immediately try to sell it back to the dealer community, on which coin(s) will you take the smallest hit?
Higashiyama

Comments

  • coinlieutenantcoinlieutenant Posts: 9,317 ✭✭✭✭✭
    I would say percentage wise, the rarer and nicer the coin the less hit you take, to an extent. Dollar wise, you probably wont lose much on an XF 1942 Mercury dime.

    In all actuality that is a very complex question that depends on alot of variables (grade, series, dealer, slabbed/unslabbed) and would take too long for my fingers to recover for tomorrow from all the typing.

    John
  • MrEurekaMrEureka Posts: 24,332 ✭✭✭✭✭
    In general? The most expensive coins with the least long term potential.

    Examples:

    1907 High Relief $20 in 63-65
    Pan Pac $50 in anything up to 64
    Common date proof gold in anything significantly short of "top pop".

    All of the above examples are probably "good value" and could very easily go up, but their upside is limited.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • CoulportCoulport Posts: 1,087 ✭✭✭
    Junk silver.
    The most money I made are on coins I haven't sold.

    Got quoins?
  • michaelmichael Posts: 9,524 ✭✭
    xf exceptionally eye appealling problem free coins 1877 cents 1872 cents 1937 d buffs
    1913 s quarters 1916 d dimes 1942/1 dimes 1918/7 buffs and standers

    the list goes on and on

    sincerely michael
  • baccarudabaccaruda Posts: 2,588 ✭✭
    junk silver or foreign gold.

    you can buy it at maybe 5% over spot and sell it back at 5% under.
    1 Tassa-slap
    2 Cam-Slams!
    1 Russ POTD!
  • I'd say ANY monster toned "key" date Type coin in a NGC or PCGS MS63-64 holder that you can "rip" at blue sheet prices!

    I've found some coins like that..........but still waiting for the "rip"!

    Truthfully.....even at "fair" prices (paid) key monsters should be fairly liquid at a reasonable price spread buy to sell. I'll let you know how that works out when i need to sell, though! image

    Joe T
    The Ex-"Crown Jewel" of my collection! 1915 PF68 (NGC) Barber Half "Eliasberg".

    Once again resides with Legend, the original purchaser "raw" at live Eliasberg auction. Laura and i "love" the same lady!

    image
  • BillJonesBillJones Posts: 34,328 ✭✭✭✭✭
    Lowest mark-up - bullion gold, $20 gold pieces, often times very expensive coins by the percentages.

    Highest mark-up - real cheap stuff (the cost of holders, inventory and your time play a big role here), rare or unique tokens that many collectors want. When you are holding a piece that many collectors want, and you know who they are, you are in line for a nice pay day. image And the happy part is they won't get mad at you because in some cases they have been waiting for years to have a shot at some of these pieces.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    I have a different answer/approach to the question. I say it depends on who you buy the coin from, what you pay for it and who you later try to sell it to, not just which coin or coin type you purchase.

    If you buy the wrong coin from the right seller (who sells it to you at a fair price) it can be a problem.

    If you buy the wrong coin from the wrong seller (who charges you too much for it) it can be a bigger problem.

    If you buy the right coin from the wrong seller (who charges you too much for it) it can be a problem.

    If you buy the right coin from the right seller (who charges you a fair price for it) but later try to sell it to the wrong buyer, it can be a problem.

    Regardless of what coin you buy and whether you buy it at a fair price or not, when it comes time to sell, if you attempt to sell it to the wrong person the odds are against you.

    Finding the right person or company to buy a coin from and the right person or company to later sell it to, can be as important as the selection of the coin, itself.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file