Can I sell it back to the dealer?

Bothuwui

Last year at the Columbus coin show, I bought a nice looking DMPL Obv Morgan from Simco Numismatics. I loved the look of the coin, and bought it on a whim. I don't really collect DMPL coins though, and now kind of regret having bought it. I did get it slabbed by ANACS as a MS64 Obv DMPL. This year's show is a few months away, what are the chances he would by it back, and if so, at what % of purchase? I think I overpaid by quite a bit ($200 worth of traded coins, if I remember correctly). I liked working with the owner (Larry I think) and wouldn't mind buying from him again. We both thought the coin was a 65.

kieferscoins

<< <i>I think I overpaid by quite a bit ($200 worth of traded coins, if I remember correctly). >>



You traded it, it sounds like and not bought it. I would think the time has past and he might buy it back or trade it for other inventory but I think the $200 price from last year is irrelevent. Its been too long.

Cameron Kiefer

Bear

I have sold coins back to Larry that I have bought from him.

He has always been happy to buy his coins back, at a very fair price.

It helps if you have the incoice ofr date of purchase since its in a different holder now.

Larry is really amazing as he seems to recognice every coin he has ever sold. I cant even

remember what I had for dinner last night.

Bothuwui

I hope Larry comes to the show. He really had some amazing looking Morgans last year. I took a couple of passes by his cases just to stare.

What's the proper etiquette in selling a coin back, should I tell him I bought it from him, or just ask for an offer?

Bear

I always tell him when I bought the coin from him and what I paid.