How many coins are currently on the market, that you need, that you would buy at the offering price

ColonialCoinUnion

. . . but that you simply aren't aware of?

I'm going to guess that it is well above 0.

Its an inefficient market, and not so easy for sellers to find buyers (and vice versa). Of course its a heck of a lot easier than it was pre-internet, pre-ebay and pre-this chatroom, but its far from perfect.

So what do you do to track down the coins that you want?

Steve27

"So what do you do to track down the coins that you want?"

I try to remember that they're just round disks, and eventually I will find what I'm looking for; this is a hobby, not an obsession.

ColonialCoinUnion

<< <i>I try to remember that they're just round disks, and eventually I will find what I'm looking for; this is a hobby, not an obsession. >>



Actually, for most of us it IS an obsession. Seriously.

tradedollarnut

Very few. One of the advantages of being a big, fat pidgeon is the coins come to you....

Barndog

I'm thinking the number is zero. If not, please advise where to find a for-sale 1833 LM-5/V10 half dime

RYK

I need one Dahlonega $5 for my set. There are about three of this date on the market; none are acceptable at any price. I also need to upgrade two coins. I have not seen any acceptable pieces on the market of late.

I need two New Orleans $5's for my set. One is readily available and can be bought whenever I want one. The other is proving rather difficult to find in an acceptable condition. One nice one sold an hour ago in the ANR sale for a very high price.

I need many Charlotte $5's for my date set (having just started). Most of the coins on the market are unacceptable at any price. There are a couple nice ones that are priced too high (like 25-50% too high). I do not mind paying a little extra for a nice coin, but paying an exceptional amount for an unexceptional coin is not acceptable.

RedTiger

There is a wide-wide range of "offering prices." The difference between dealer wholesale bid price vs. top end retail price is often 100% or more. A good many coins offered for top end prices are mid-range coins or worse. Truly nice coins often go for moon money at true auction. So widgets aside, it depends on the coin and the so-called offering price.

USCGCraig

Just not any PCGS XF45 Barber Halves out there. I'm looking, I have others looking, I'm offering finders fees, actively scour eveery venue I can and have numerous Want Lists out there. So it is a banner day when I find one I need.

Coxe

Well for my primary focus, prooflike Morgans, I doubt there are many serious ones available on the market for long that I am not aware of. There are PLs/DMPLs, but not the ones I need. For the VAMs, well, I cherrypick mainly (hate to buy attributed) and they are 100% unknown until I find them. Now, the 1856 true gem MS RB/RD half cent I need to complete that set.....it is likely out there and I haven't seen it yet.

DeusExMachina

I would say there are probably 0 coins in my sub-set that acceptable, available, and price appropriately. Right now I am focused on the 1839s in the classic head quarter eagle set. It’s been very tough to find an example that is not dipped or cleaned. I did see a 39-D at Long Beach that was cleaned, over graded and way over priced. (Yes it was raw).

I have learned many things on this board but one of the most important is to be patient when buying coins and get your funds ready in the meantime.

AU58WALKERS

I am looking for early pcgs au 58 capped bust halves.
very hard to find.

Pcgs au58 walkers that I need are even harder to find.

Cladiator

Couple weeks ago it was about a half dozen or so. Today, maybe one.

Cladiator

<< <i>So what do you do to track down the coins that you want? >>

My favorites file of online coin dealers has about 100 seperate websites. Then include eBay and the BST forums. If it's out there I'll find it, usually

ColonialCoinUnion

Part of what prompted me to post this was an interesting story I heard yesterday -

Apparently a very rare early American coin recently traded on ebay, but it was missed by most everyone (including us) because it had been mis-listed in the wrong category and also incorrectly described. It subsequently disappeared into a collection and, just as suddenyl as it appeared, its gone for a really long time.

mgoodm3

Probably something out there. I look in the usual places where I tend to find nice ones but most commonly I wait for coins to come to me.

RichieURich

I look just about everywhere I can think of. But so does everyone else, therefore the difficult to find items are often bought first by someone else. I have want lists out, I have people looking for me also. But probably the most important thing is to pay up and buy the item when someone comes up with it.

ColonialCoinUnion

<< <i>probably the most important thing is to pay up and buy the item when someone comes up with it. >>



I agree - I also think this would make an excellent slogan for Scarsdale Coin.

Coxe

<< <i>I look just about everywhere I can think of. But so does everyone else, therefore the difficult to find items are often bought first by someone else. I have want lists out, I have people looking for me also. But probably the most important thing is to pay up and buy the item when someone comes up with it. >>



Absolutely! I end up with no regrets paying what seemed like stupid money for coins that represented incredible opportunities. However, my biggest regrets just happen to be not exploiting those other rare opportunities to buy coins you just cannot generally find.

morgannut2

<< <i>Part of what prompted me to post this was an interesting story I heard yesterday -

Apparently a very rare early American coin recently traded on ebay, but it was missed by most everyone (including us) because it had been mis-listed in the wrong category and also incorrectly described. It subsequently disappeared into a collection and, just as suddenyl as it appeared, its gone for a really long time. >>

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Yes but Ebay is such a giant garbage pit--the time spent isn't worth the reward in almost every case.
Probabay the only good deals are at pre-show from non specialist dealers--even then, paying a big premiums.
The last true "bargin I accdently found at an auction was a key date catelogued F!2 that went pcgs VF35--and that's 5 years ago--
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But I can see how early coppe rexpert experts guys may not see someting without closer look and some luck--less competition and much more knowlege involved.