Would it be better to try to trade in a coin you are upgrading to the dealer you are buying from or

CardsFan

If I'm at a coin show and find a coin that I would like to replace one of the type coins in my current collection (say it is a point higher) should I try to trade my current coin to the dealer and pay the price difference, or is it better to buy the new coin outright and then sell my original coin on e-bay, teletrade, etc. I know this is very general, but I was curious if dealers are receptive to trade ins? Will they normally give you a fair value?
thanks

BASEagle

<< <i>Will they normally give you a fair value? >>



Only as a last resort.

Mike

nickel

If it's a dealer you may do business with again , go ahead . If you dont need the money right away , sell to whoever offers the most . Does Teletrade charge a sellers fee ? Used to be that it took much time in setting up an account , and waiting for listings and getting paid . There are also smaller auctioneers that do a monthly auctions regionally .

Julian

I would always try to trade it in. There is no harm in trying. You can always decline and pay cash for it, or walk away.

I do encourage collectors to dispose of their duplicates, as it does create more capital for additions.