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If I offer a dealer 15% over greysheet..

MS70ORBUSTMS70ORBUST Posts: 395
in U.S. Coin Forum
would that be fair for the both of us for purchasing Peace dollars. If not, what would be a "fair" price for the dealer and myself?
Is 15% to high, low, or ?????.

Lets say the coins are VF to MS63

Thanks for the advice.

Comments

  • FatManFatMan Posts: 8,977 ✭
    Depends on the coin.
  • JrGMan2004JrGMan2004 Posts: 7,557 ✭


    << <i>Depends on the coin. >>

    -George
    42/92
  • DHeathDHeath Posts: 8,472 ✭✭✭
    MS70ORBUST,

    Fatman's advice is perfect, and I'd add it depends on how nice a coin you want. I recently asked a dealer I trust to find me a coin with with an ask of around $500 in AU58. I told him I was OK up to $1000, because I fully expect the coin I want may be in an MS62 holder. He knows, as do I, that many attractive AU coins are lodged in other holders, and I trust his judgement. I'm in no particular hurry, and the holder is irrelevant. I prefer not to deceive myself about the grade/price. It's a set coin for me that'll reside in a capital holder if/when it arrives. The sheet is really just a guide.
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • MrEurekaMrEureka Posts: 24,419 ✭✭✭✭✭
    It depends on the coin, of course. That said, there are many, many coins on the market within 15% of CDN bids.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • 291fifth291fifth Posts: 24,696 ✭✭✭✭✭
    Why would you offer 15% over sheet when you will be lucky to get 20% under sheet when it comes time for you to sell? This is especially true for a "widget" series like Peace dollars.
    All glory is fleeting.
  • RussRuss Posts: 48,514 ✭✭✭
    Depends on the coin.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • BigD5BigD5 Posts: 3,433 ✭


    << <i>Why would you offer 15% over sheet when you will be lucky to get 20% under sheet when it comes time for you to sell? This is especially true for a "widget" series like Peace dollars. >>



    Why would you buy a new car?

    Buy 'em if you like 'em, pay a reasonable amount, and enjoy them while you have them.

    I like Fatman's advice and as mentioned above, plenty of those coins can be had for within 15% of bid. A few of those dates may cost you more than 15% of bid, as well.

    You should be able to do better than 20% back of bid on selling Peace dollars.
    BigD5
    LSCC#1864

    Ebay Stuff
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    Depends depends depends


    Tom

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

  • PerryHallPerryHall Posts: 46,851 ✭✭✭✭✭


    << <i>Why would you offer 15% over sheet when you will be lucky to get 20% under sheet when it comes time for you to sell? This is especially true for a "widget" series like Peace dollars. >>

    image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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