Do you think that dealers are most likely to give a discount...
RYK
Posts: 35,797 ✭✭✭✭✭
for coins that have been in inventory a short time or a long time?
For a coin that just hit the inventory, a "hot" coin may not last a day, and even if Buyer A does not take it at the offered price, Buyer B and Buyer C may have already inquired on it. On the other hand, it is a quick score, and capital spent for the coin was quickly returned, so a lower return on the investment may be acceptable.
For the coin languishing in inventory, is it important to blow it out and accept any reasonable offer, or does the fact that the coin has tied up capital for a long time make one more stubbornly inclined to make it worth one's while.
Or do you have to make the big profit on the "hot coin, quick score" to offset the coin languishing in the inventory?
I have often wondered these things...
For a coin that just hit the inventory, a "hot" coin may not last a day, and even if Buyer A does not take it at the offered price, Buyer B and Buyer C may have already inquired on it. On the other hand, it is a quick score, and capital spent for the coin was quickly returned, so a lower return on the investment may be acceptable.
For the coin languishing in inventory, is it important to blow it out and accept any reasonable offer, or does the fact that the coin has tied up capital for a long time make one more stubbornly inclined to make it worth one's while.
Or do you have to make the big profit on the "hot coin, quick score" to offset the coin languishing in the inventory?
I have often wondered these things...
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Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
My experience is the complete opposite.
I doubt I'm alone. When was the last time you saw people fight for "last shot"?
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.