Any Dealers Having Blow Out Deals In Baltimore On Morgans? Or Should I Bring A Extra Shirt?
BrokenArrow
Posts: 131
Hiya dealer/sellers, any of you guys having blow out sales on your morgan dollars, I am looking for some cc's ms 63/64/65 common dates and some nice rainbow toned morgans. If so table number please? ty G
Hey Ralphey Boy, I Got Gold Fever!
0
Comments
<< <i>Why should any dealer offer a blowout deal on the most popular coin series in numismatics... other than for coins that are ugly, overgraded, or in some other way undesireable? >>
He has a major tax bill coming up in April and needs to raise some cash to pay it.
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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Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
<< <i>Why should any dealer offer a blowout deal on the most popular coin series in numismatics... other than for coins that are ugly, overgraded, or in some other way undesireable? >>
Dennis, I read your threads and replies and see that you have a great sense of things on the hobby, but blow out means to me, maybe there is one or three dealers out at the shows that want to sell some of their inventory, hell I have a pretty fat bank account, but I don't like paying airfare, table space, hotels and that $7 hotdog.
I haven't met anyone in business that wants to make a buck, JUST REMEMBER THIS DENNIS AND DEALERS YOU ARE CRAZY TO LET A BUYER WALK AWAY FROM YOUR TABLE WITHOUT MAKING A DEAL? why wouldn't dealers have huge bargains, if this is the case, cancel the freakin show and stay home. Geessseee!!!
<< <i>
<< <i>Why should any dealer offer a blowout deal on the most popular coin series in numismatics... other than for coins that are ugly, overgraded, or in some other way undesireable? >>
Dennis, I read your threads and replies and see that you have a great sense of things on the hobby, but blow out means to me, maybe there is one or three dealers out at the shows that want to sell some of their inventory, hell I have a pretty fat bank account, but I don't like paying airfare, table space, hotels and that $7 hotdog.
I haven't met anyone in business that wants to make a buck, JUST REMEMBER THIS DENNIS AND DEALERS YOU ARE CRAZY TO LET A BUYER WALK AWAY FROM YOUR TABLE WITHOUT MAKING A DEAL? why wouldn't dealers have huge bargains, if this is the case, cancel the freakin show and stay home. Geessseee!!! >>
Dealers aren't crazy for letting someone walk away without making a deal. If the coin is worth what they're asking, a buyer will buy it. No blow-out price needed. I "overpay" for many of my coins... and they're really nice for what they are. I'd rather overpay than get low-end bargain blow outs any day.
I as wondering the exact think about the exact coins!
<< <i>
<< <i>Why should any dealer offer a blowout deal on the most popular coin series in numismatics... other than for coins that are ugly, overgraded, or in some other way undesireable? >>
Dennis, I read your threads and replies and see that you have a great sense of things on the hobby, but blow out means to me, maybe there is one or three dealers out at the shows that want to sell some of their inventory, hell I have a pretty fat bank account, but I don't like paying airfare, table space, hotels and that $7 hotdog.
I haven't met anyone in business that wants to make a buck, JUST REMEMBER THIS DENNIS AND DEALERS YOU ARE CRAZY TO LET A BUYER WALK AWAY FROM YOUR TABLE WITHOUT MAKING A DEAL? why wouldn't dealers have huge bargains, if this is the case, cancel the freakin show and stay home. Geessseee!!! >>
Most dealers are not motivated sellers to the extent you're expecting. There are plenty of people to sell coins to, and nobody is obligated to sell you any coins especially with that type of attitude you're manifesting.
There are plenty of people with "fat" bank accounts at the show, so don't be too confident about your financial resources just yet.
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
<< <i>why wouldn't dealers have huge bargains >>
Have you been paying attention to this market?
Russ, NCNE
I see you bought a $4.95 Morgan from a Telemarketer and grade it yourself as an MS 63 yet freely admit you have some learning to do when it comes to grading coins.
One possibility is that your grading is a bit generous. If so, you might actually be able to get "MS 63" CC dollars from dealers at Baltimore for $100. They're probably pricing you real 63s at $175+. If your grading is generous, this may also explain why dealers won't pay you wholesale for your coins.
I also see you're in the market for toned Morgans yet don't know what "Artificially Toned" means. That's another recipe for disaster.
I'm a little confused that you regret not sending your Morgans in for grading when you believe raw coins are just as good as slabbed coins and have been cracking coins out of slabs for years.
I see you're a newbie and these are certainly learning steps many newbies make. However, I'm a bit alarmed that you've accumulated $30,000 book value in Morgans without knowing what the ANA is and using the Coin World book and PCGS price guide to value your purchases.
Come to the show to look and learn. Margins are typically pretty narrow in this business. You won't be able to buy coins from a dealer and get the same deal you got from the widow. When you try to sell to a dealer, you can't expect to get the price you get when you sell your coins to "whales".
My advice to you is to slow down a bit on the buying and speed up a bit on the learning. I think you'll find that to be good advice whether you have limited funds or a fat a bank account.
WH
Yes, they'll be there!
WH
A few dealers were decent enough to stear him toward some real coins. I still have those in my collection. Those are the ones where he would come home kind of nervous about admitting what he'd spent on them.
<< <i>Hi Ty,
I see you bought a $4.95 Morgan from a Telemarketer......
WH >>
Well, that certainly answers a lot.
I think you should bring an extra shirt.
<< <i>Hi Ty,
I see you bought a $4.95 Morgan from a Telemarketer and grade it yourself as an MS 63 yet freely admit you have some learning to do when it comes to grading coins.
One possibility is that your grading is a bit generous. If so, you might actually be able to get "MS 63" CC dollars from dealers at Baltimore for $100. They're probably pricing you real 63s at $175+. If your grading is generous, this may also explain why dealers won't pay you wholesale for your coins.
I also see you're in the market for toned Morgans yet don't know what "Artificially Toned" means. That's another recipe for disaster.
I'm a little confused that you regret not sending your Morgans in for grading when you believe raw coins are just as good as slabbed coins and have been cracking coins out of slabs for years.
I see you're a newbie and these are certainly learning steps many newbies make. However, I'm a bit alarmed that you've accumulated $30,000 book value in Morgans without knowing what the ANA is and using the Coin World book and PCGS price guide to value your purchases.
Come to the show to look and learn. Margins are typically pretty narrow in this business. You won't be able to buy coins from a dealer and get the same deal you got from the widow. When you try to sell to a dealer, you can't expect to get the price you get when you sell your coins to "whales".
My advice to you is to slow down a bit on the buying and speed up a bit on the learning. I think you'll find that to be good advice whether you have limited funds or a fat a bank account.
WH >>
*tries to catch a breath in between laughing*
Have a Great Day!
Louis
<< <i>OMG! I love Wayne ... but not in that cowboy on a mountain kind of way
<< <i>Hi Ty,
I see you bought a $4.95 Morgan from a Telemarketer and grade it yourself as an MS 63 yet freely admit you have some learning to do when it comes to grading coins.
One possibility is that your grading is a bit generous. If so, you might actually be able to get "MS 63" CC dollars from dealers at Baltimore for $100. They're probably pricing you real 63s at $175+. If your grading is generous, this may also explain why dealers won't pay you wholesale for your coins.
I also see you're in the market for toned Morgans yet don't know what "Artificially Toned" means. That's another recipe for disaster.
I'm a little confused that you regret not sending your Morgans in for grading when you believe raw coins are just as good as slabbed coins and have been cracking coins out of slabs for years.
I see you're a newbie and these are certainly learning steps many newbies make. However, I'm a bit alarmed that you've accumulated $30,000 book value in Morgans without knowing what the ANA is and using the Coin World book and PCGS price guide to value your purchases.
Come to the show to look and learn. Margins are typically pretty narrow in this business. You won't be able to buy coins from a dealer and get the same deal you got from the widow. When you try to sell to a dealer, you can't expect to get the price you get when you sell your coins to "whales".
My advice to you is to slow down a bit on the buying and speed up a bit on the learning. I think you'll find that to be good advice whether you have limited funds or a catid=26&threadid=485070">fat a bank account.
WH >>
Congratulations for telling it like it is, Wayne.
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"