Is this the norm on Jeffersons almost full steps pricing?

Type2

I was out Buffalo hunting today not a good day on them no new coins in stock, So I moved on to the Jefferson and I was looking at some marked Full steps and some said 95% full step. When I asked for a price he said it's almost a full step so he gave me a price of $60.00 for a 1945-S MS-64/65 but the steps looked like a ramp only two steps were there I can pick them up on the bay for 5.00 - 10.00 Ea looking like this. I did not say this to him but I was thinking this. Is this the norm with the almost full step priceing I dont buy from dealers much and he did not want to hear it. All he said was do you want it or not. I said no and Thank you.

FullStepJeffs

Let me say it like this... from my experience with dealers and "almost full step" coins... I've found most, if not all of my best raw coins from dealers who had no clue or didn't care about full steps. The ones who marked the coins as full step, for the most part, at least in my somewhat localized area, didn't actually have full step coins.

For the second part of your question... these dealers are out to make rent, pay for the kids lunches at school, etc. IMHO, most try to make as much money on a sale as possible in order to pay for these bills. I've found if I find a coin with "almost full steps" marked, it's probably a coin they bought cheap or in a group and are trying to make there rent with.

By the way, probably most of the Jefferson specialists in my area would agree with me... because I see these same coins in these dealers boxes coin show after coin show... all with big money prices listed.

When you see these coins, you have two options... walk away or try to train the dealers on why their price is out there. You never know... you may end up with a price both of you are happy with or you'll realize there are some dealers you don't do business with.

Steve

keets

guys like the one described in the OP should probably focus more attention on learning how to grade coins than count steps. my experience is that they generally fail at both...............................

leothelyon

Only deal with those who can quote and possibly prove the true value of a coin if you're ignorant of them. If they are just throwing numbers at you in raw and/or certified ms grades and dollar amounts that do not reflect the quality of the coin, make note of them and move on. Early on, I had my run-ins with those types but quickly learned to avoid them. Including those who are very high prolific dealers that can be seen at most major shows across America, they could care less about the overall quality of the coin or steps but as long as it's in a certified holder, they'll have a high price tag on it.


Leo