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Dealers/Collectors: When you are buying/bidding, what is the FIRST resource you reach for to assist

Seth
Collecting since 1976.

Comments

  • relayerrelayer Posts: 10,570


    My checkbook balance - that usually puts a stop to things right away
    image
    My posts viewed image times
    since 8/1/6
  • My experience.
  • My gut instinct.

    With sample slabs, there are no price sheets or online places to look up value. I see rarity, condition of the slab, label type and coin inside as major factors and then pay a price that I think I can easily sell it at with a slight mark-up. Sometimes they sell easy and sometimes not.

    Cameron Kiefer
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    Seth,

    My most immediate and convenient resource is my recollection of recent (or, if need be, older) transactions for such pieces. I typically back that up with my copies of the CCDN and CDN, as well as our computer records (cost, sale price, etc.) of the same or similar coins that we have handled. Next in line is auction archives.
  • jdimmickjdimmick Posts: 9,745 ✭✭✭✭✭
    Similar to what Mark Feld said,

    I grab the CDN as a price baseline, but more importantly, are my recollections on what pieces are trading for with similar quality.

    jim
  • I use graysheet, bluesheet, redbook, CU (which is BAAAAAAAD) and numimedia (which is about outdated...IMO) and find a mean then BID.....image
    What is money, in reality, but dirty pieces of paper and metal upon which privilege is stamped?
  • tradedollarnuttradedollarnut Posts: 20,166 ✭✭✭✭✭
    double double toil and trouble...........

    Auction Prices Realized
  • The PCGS Daily Price Guide.
    WORKING ON SEVERAL MODERN SETS. PCGS COINS ONLY FOR ME!
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭
    For pieces that don't trade often, I look at auction archives. Heritage is particularly helpful, since they often keep old pictrues of the coins, and you can get a feel for why the piece sold high/low.
  • RussRuss Posts: 48,514 ✭✭✭
    As soon as I saw FOM's name as the last reply I knew that's what he'd say.

    Since absolutely nobody is that stupid, we now know with certainty that it's just a ruse.

    Russ, NCNE
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    All of the above. There is never enough information available. Use it all to your benefit. For those times when you just aren't given the time to research it....go with your gut and what you brung with you.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold

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