The way I see it, flipping a common gold or silver coin at way over the PCGS prices to an uninformed buyer is unethical. This type of coin has fairly well established buy and sell range. The rarer the coin, be it a Morgan DMPL or toned little beauty, the more it becomes a question of a seller's market and the seller demanding what they want. In the extreem, there are population 1 coins, say a certain 1794 unc. "first" dollar so as not to pick on moderns, where the seller should be free to demand whatever price they'd be willing to sell it at. This is way different than Joe Dummy walking into a dealer's store and wanting investment advice, and getting slammed for a bunch of common date Staints at 100% more than they go for at any bourse table.
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Russ, NCNE
I was asleep at the wheel. When did this turn into a modern-bashing thread?
One reason this isn't done is because often the price depends on who is asking about the coin.
I like Kranky's pricing structure.
So do I.
Nice to know that I'm getting the "median" price
(I'm usually not among the first 4, and Never any of the last 4
Liberty: Parent of Science & Industry