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Sperber on Accurate Pricing....

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  • pennyanniepennyannie Posts: 3,929 ✭✭✭
    I commend her on her super salesmanship. She could sell ice to a .. and water to a fish. She would do well in any field she chose to sell in. I enjoy reading her stories. She always has an opinion.
    Mark
    NGC registry V-Nickel proof #6!!!!
    working on proof shield nickels # 8 with a bullet!!!!

    RIP "BEAR"
  • BochimanBochiman Posts: 25,283 ✭✭✭✭✭
    Too bad she states that it isn't up to her/dealers to give reports on the pricing so the sheets get updated, then complains that they are stale.

    I can understand her not giving updates....they don't pay her for that and it isn't her job, but then, to complain that the sheets aren't out there getting all the info and complaining about their pricing??? Shame on her for that.

    Sure, someone may offer too low of a price and never get that coin in the future due to scarcity. However, without knowing more, maybe that person was already stretching and couldn't have comfortably offered more. The economy/stocks/fear have a lot of folks watching their pennies. Yes, $130,000 is a lot and that person isn't exactly eating Mac and Cheese every night, but at the same time, maybe an extra $20k, $40k, or whatever is not in their cards. No reason to "poo-poo" them for it.

    I seldom comment on these "reports", but I feel that in this one, there is just too much "dealer" in the words and that, hopefully, people don't just accept it word for word but rather that it is coming from a dealer who wants everything their way. Absolutely not meant to be offensive to Laura, just stating my thoughts, rather bluntly.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • ZoinsZoins Posts: 33,811 ✭✭✭✭✭


    << <i>Too bad she states that it isn't up to her/dealers to give reports on the pricing so the sheets get updated, then complains that they are stale.

    I can understand her not giving updates....they don't pay her for that and it isn't her job, but then, to complain that the sheets aren't out there getting all the info and complaining about their pricing??? Shame on her for that. >>

    Shame on her? Or shame on the sheets for not paying Legend for that?
  • ok she is talking about a 130/160 thou coin that isnt offered in most coin shops etc maybe a coin auction a high end auction so this bs is about a rare high value coin not a low end coin period nuff said
  • 291fifth291fifth Posts: 23,880 ✭✭✭✭✭
    The only time you know what your coins are worth is when you sell.
    All glory is fleeting.
  • Bayard1908Bayard1908 Posts: 3,973 ✭✭✭✭
    Many of her reports are annoyingly self serving, e.g., someone missed a big opportunity by being unreasonable and not selling to or buying from Legend. The not so subtle subtext is that you should be happy to accept Legend's offer or pay Legend's price.
  • adamlaneusadamlaneus Posts: 6,969 ✭✭✭
    Sometimes the business talk takes the fun out of collecting.

    I guess I am going through a jaded phase.
  • TahoeDaleTahoeDale Posts: 1,785 ✭✭✭
    I don't always agree with Laura's perspective of the issues driving the problems in our hobby.

    But on this issue, she is right on. Unless you are in the mix on a daily basis, you will not know the prices obtained, and the sales that didn't make it, to be able to correctly price rare coins( or expensive ones that aren't so rare).

    Current auction results are the best indicator of the value of most coins. And being able to compare the coin you are selling to the quality of those that sold previously, is another factor not to be considered lightly.

    You may not to pay her price, but she sure knows how to judge the present market value for most coins she sells. There is no reason for her to price them out of reach of all potential buyers.

    Any solution? We would need a price guide that combined all the history of auction results, and a soft ware program that could designate a %(plus or minus) for many variables. It would never replace the individual opinion of the buyer, but it might help more than the present guides .
    TahoeDale
  • Recently we had a very rare coin for sale. The CDN (gray sheet WHOLESALE bid/ask) on the coin was $121,000/$131,000.00. We were offered $130,000.00 for the coin by a collector. Sounds reasonable-but it was far from what the coin was worth. The collector had no other information to go on. We missed placing the coin with him, and he most likely will never buy one because they all will be too expensive

    The last example of this type of coin that sold in major public auction was for $161,000.00 only a year ago (prior to that one sold for $230,000.00). You can never find one of these coins at a show-or even in auction. Buying one for less than $150,000.00 is pretty much impossible-even with the markets off. We did end up WHOLESALING the coin immediately for much more than the $130,000.00 we were offered! An FYI: this is just one small incident. We have had MANY situations similar to this happen just about every other day

    Spot On We are So F Rich We Sink Are Money into Non Taxed ASSET'S SPOT ON all We gotta do is buy in other countrys or sell spot on how about some F Tea
  • Spot On Tea Bagger
  • 7Jaguars7Jaguars Posts: 7,214 ✭✭✭✭✭
    Actually, I agree with the above poster that we do not know the circumstances of the offer - in all probability at that kind of price level that may have been what the coin was worth to the investor/(collector?). I mean that is how auction prices are derived anyway, by putting a sale on and competitively deciding the value. Who is to say that a price on a coin with an availability factor of 5 is ALWAYS going to rise. IMO, there are some signs in the recent market that the bigger ticket coins may be vulnerable to price erosion as well and it is entirely possible that the tendered price is closer to the true auction value.

    I am not going to say that I spend that much on coins because I do not but have noted that I have gotten coins as private sale at below auction price and this definately includes coins of equal or greater rarity so will not criticize the offer or even the price guide. Also IMO the price guides on these rare coins are usually low in my experience and I like to think of these as prices for instant sale in a non-competitive environment and therefore kind of a low wholesale price.

    Also I agree with the other poster, and know something of it, that it is very hard to determine exact values and that these are conservative values of a GUIDE.
    Love that Milled British (1830-1960)
    Well, just Love coins, period.
  • DropdaflagDropdaflag Posts: 760 ✭✭✭✭


    << <i>Too bad she states that it isn't up to her/dealers to give reports on the pricing so the sheets get updated, then complains that they are stale.

    I can understand her not giving updates....they don't pay her for that and it isn't her job, but then, to complain that the sheets aren't out there getting all the info and complaining about their pricing??? Shame on her for that.

    Sure, someone may offer too low of a price and never get that coin in the future due to scarcity. However, without knowing more, maybe that person was already stretching and couldn't have comfortably offered more. The economy/stocks/fear have a lot of folks watching their pennies. Yes, $130,000 is a lot and that person isn't exactly eating Mac and Cheese every night, but at the same time, maybe an extra $20k, $40k, or whatever is not in their cards. No reason to "poo-poo" them for it.

    I seldom comment on these "reports", but I feel that in this one, there is just too much "dealer" in the words and that, hopefully, people don't just accept it word for word but rather that it is coming from a dealer who wants everything their way. Absolutely not meant to be offensive to Laura, just stating my thoughts, rather bluntly. >>



    image

    Any item is only worth what someone is willing to pay for it. Period.

  • PerryHallPerryHall Posts: 45,257 ✭✭✭✭✭


    << <i>Many of her reports are annoyingly self serving, e.g., someone missed a big opportunity by being unreasonable and not selling to or buying from Legend. The not so subtle subtext is that you should be happy to accept Legend's offer or pay Legend's price. >>

    image

    Worry is the interest you pay on a debt you may not owe.

  • northcoinnorthcoin Posts: 4,987 ✭✭✭✭✭
    I would think many a high end collector/investor has taken note of the losses experienced by sellers in more recent auctions so comparing what a similar coin sold for a year ago in an auction may not be as relevant today as it would have been looking back a year back from a year ago.
  • BAJJERFANBAJJERFAN Posts: 30,971 ✭✭✭✭✭


    << <i>Many of her reports are annoyingly self serving, e.g., someone missed a big opportunity by being unreasonable and not selling to or buying from Legend. The not so subtle subtext is that you should be happy to accept Legend's offer or pay Legend's price. >>



    Seems to me that the blunt message is to DO YOUR HOMEWORK before you buy or sell.
  • rgCoinGuyrgCoinGuy Posts: 7,478
    I'm surprised she has to tell people who would spend 130,000 dollars on a coin that price guides are just guides.
    imageQuid pro quo. Yes or no?
  • For such an important message and prominently displayed for the community to see, sure wish she would have used "spell-check". All the errors make it appear to have been written by an illiterate and detract from her credibility. Otherwise the message is spot on!
    Dave of the cornfields
  • ambro51ambro51 Posts: 13,576 ✭✭✭✭✭
    Ultra rare coins with a specialist market can be compared this way


    What would a Rich man dying of thirst pay for a glass of water

    What would two Rich men dying of thirst pay for a glass of water at auction
  • BAJJERFANBAJJERFAN Posts: 30,971 ✭✭✭✭✭


    << <i>For such an important message and prominently displayed for the community to see, sure wish she would have used "spell-check". All the errors make it appear to have been written by an illiterate and detract from her credibility. Otherwise the message is spot on! >>



    That is like a stamp of authenticity that tells us its the real Laura; the Legend version of the bean if you will. Anyways, one would do well to look past the typos and focus on the message.
  • PerryHallPerryHall Posts: 45,257 ✭✭✭✭✭
    I agree with Laura that the grey sheet may not be accurate for six figure coins that are extremely rare and seldom change hands but in the real world where people buy less expensive coins that change hands more frequently, the grey sheet is a good indication of the value of these coins.

    Worry is the interest you pay on a debt you may not owe.

  • RedTigerRedTiger Posts: 5,608
    The other side was pointed out by another dealer on the forum, that the sheet hasn't adjusted prices down on any number of coins during the recent price downturn. The coin in the other post was a slightly better date Morgan in MS65 that is now trading on CCE for 25% back of sheet, and typically going at auction for 15% back. A collector offering full sheet is overpaying. A dealer asking a healthy premium above sheet, as most bourse dealers still do, is asking for the moon and the stars and will likely only sell to a collector that is out of the loop, or believes the coin will upgrade. On the other side, a dealer offering full bid for that coin is likely buried because the coins are selling at auction for much less. A dealer offering 35% back might be seen as a low baller by a collector with a coin to sell and a sheet in hand, but that is where the CCE wholesale market price is sitting.

    The sheet was never a good source for pricing for six figure coins that might trade once or twice a year. Now it is not even that reliable a resource for mid-three figure widgets, but the problem is on the other side, with prices sometimes stuck too high as the market slides.

  • RichieURichRichieURich Posts: 8,353 ✭✭✭✭✭


    << <i>I agree with Laura that the grey sheet may not be accurate for six figure coins that are extremely rare and seldom change hands but in the real world where people buy less expensive coins that change hands more frequently, the grey sheet is a good indication of the value of these coins. >>



    I recently paid over 9x Greysheet bid for a coin and sold it for over 10x Greysheet bid. Bid was less than $300.

    I recently sold another coin at 40% back of Greysheet bid. Bid was slightly over $1,000.

    The 1809 dime that just sold in XF for $2,875 has a Greysheet bid of $1,100.

    None of these coins were over 4 figures. So how is Greysheet "a good indication of the value of these coins"?

    An authorized PCGS dealer, and a contributor to the Red Book.

  • astroratastrorat Posts: 9,221 ✭✭✭✭✭


    << <i>I agree with Laura that the grey sheet may not be accurate for six figure coins that are extremely rare and seldom change hands but in the real world where people buy less expensive coins that change hands more frequently, the grey sheet is a good indication of the value of these coins. >>



    Perhaps for some coins, but I would argue that for a specialty series, such as Early Large cents or Capped Bust halves, the CDN is, at best, just a guess. Which is why serious collectors of those coins use other pricing guides dedicated to those coins. Otherwise, they miss out on tougher or more popular varieties because they are not willing to pony up for what the true market is for the coin. Conversely, they are eager to overpay for some varieties because the CDN lists an inflated price.

    For common "widgets" (and please, no offense to "widget" collectors) such as common date Morgans, type coins, Walkers, etc, the CDN is fairly accurate.

    For all but the most actively traded coins, I think the glory days of the CDN are gone as accurate and timely information is much more readily available elsewhere. The same thing happened to the Red Book as a pricing guide decades ago.

    For high-end coins, you know those coins that mere mortals like me cannot afford, the CDN is a valuable as the National Inquirer.

    Lane
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • astroratastrorat Posts: 9,221 ✭✭✭✭✭
    This statement from the Legend report struck me as particularly classy...

    "We missed placing the coin with him, and he most likely will never buy one because they all will be too expensive."

    Where it would have been quite easy to berate the collector for his ignorance of the market and tout Legend's obviously superior collective knowledge, Laura took the high road.

    Lane

    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • Things change and prices are a constant moving target. I would have no idea how to accurately price the entire coin market weekly with adjustments for dreck, ok, and monsters of the same grade?
    Do your homework, be patient, and for the collector-buy with the intent of enjoying the coin for a long time.


    Edit: Mispelled Laura's favorite word image
    OLDER IS BETTER
  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭
    Is RickynCrystal stupid, or just stoned? image

    The sheets are wrong, perhaps... But the market is always right.

    Of course her letter is self-serving. This is her business. I do, however, have a chuckle when I read things like "well, we wholesaled the coin off for FAR more than the measly $131K offered"... It reads like "neener, neener... Weren't going to sell it to you anyway" stuff.

    If coins go the way of houses (at least here in So Cal), the prices we are seeing now (even the "low" sheets) may be the top of the new market. New lows could easily be made. Much like what Laura discusses, the mental adjustment by realtors and sellers of house price standards has been a tough deal. I'm sure that if there were a sheet in RE, it would be wrong, too.
  • tradedollarnuttradedollarnut Posts: 20,145 ✭✭✭✭✭
    I thought it was way too preachy, but she has a very good point. You cannot simply assume that greysheet has any reality to it when dealing with stuff that doesn't come along very often. I still remember losing out on a gem PR64 1804 $10 early in my collecting career because I paid too much attention to sheet and not enough attention to what it should have been worth in the market.
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Another huge factor in the pricing of a $131,000 coin is how nice is it? Such a coin could have a holdered value in NGC/PCGS from $75K to $175K. No price guide, and very few dealers, can accurately gauge just where such a coin is on the value scale. It would be like being off $10 on a $130 coin.....most wouldn't even think twice about that $10. Comparing the $131K bid coin to one in a like holder that sold a year or two years ago for $161K or $230K could be like comparing apples to oranges in both quality and/or market conditions. This particular coin may be less about the price guide and more about technical grading skills. What if the buying dealer had a strong retail customer (ie whale) all set up for the coin? In that event they may not care if they paid $140K or $150K if they know they could get $160-$170K. Maybe if the original customer knew that consumer confidence was on the upswing he might have stretched for that coin.

    I can recall that only about 2-3 years ago the prices on many key date chioce and gem saints were pitifully inaccurate on the CDN. And it's not like these popular coins never trade, never go to auction, and have a small following. The 1924-s is MS65 was listed at something like $45K. The next one that went off brought nearly $100K. The CDN fixed that little error...today it's at $115K. The 1924-s wasn't a lone exception either. And this is just one series. Any 5th grader armed with a pop report and the CDN could make comparisons and come up with many glaring discrepancies throughout the various US coin series. If a collector willing to spend $130K per coin only uses the CDN as their buying source, maybe it's best that they pass on such coins. Alternatively, let's not buy blindlessly into the notion that dealers are always looking out for their customers and that they should always assume their dealer's pricing knowledge is dead on. How many newsletter articles include factual data on customers who did end up paying way too much for a coin and complained about it? I don't think I've ever seen 1 such complaint in any dealer's newsletter. For every one of these $131K coin buyers that offered too little and didn't get the coin, how many bellied up and paid way too much freight?

    I'm sure Keith Zaner would welcome inputs from dealers or specialist collectors on correcting significant pricing discrepancies in the CDN. But considering that pricing errors tend to favor the dealers, I'm not surprised that there are few complaints. The hobby has evolved the art of buying per the CDN but then selling at what they "know" the coins to be worth (ie usually more than CDN). It's not any different than the original game from the 1960's of buying per the Blue/Black books and selling via Redbook.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • cladkingcladking Posts: 28,282 ✭✭✭✭✭
    "...numerous buyers are priced out from the start because of MIS-information."


    She doesn't know the meaning of the word frustration or misinformation. Modern
    world coins are often priced at less than 1% of their true value. ...sometimes much
    less.
    Tempus fugit.
  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭


    << <i>I'm surprised she has to tell people who would spend 130,000 dollars on a coin that price guides are just guides. >>


    image

    And furthermore, no one should be spending that kind of money on a coin without some knowledge of the true
    market value of it.
  • BuffQuarterBuffQuarter Posts: 148 ✭✭


    << <i>We did end up WHOLESALING the coin immediately for much more than the $130,000.00 we were offered >>



    Huh? Did it get wholesaled for what she paid for it or more than what she paid? I think it would be retailing it if she sold if for more than she paid for it?

    My guess is that anyone calling looking to spend 130k on the coin has a bit more than 130k in their pocket and Laura knows that.

    What was the counter offer I wonder?

  • tradedollarnuttradedollarnut Posts: 20,145 ✭✭✭✭✭
    I think it would be retailing it if she sold if for more than she paid for it?

    Wholesaling is selling it off to another dealer who has a customer for the coin. Retailing is selling to an end user. Neither definition matters whether or not the coin is being traded for a profit or not.
  • Several things bother me about this thread and pricing report.

    First, people that post here have no problem calling someone stupid for misspelling a word, but this type of report is fine to publish? I personally dont care if its tore up from the floor up with the speiling. But, its a business. Use spell check...image

    Second, if its such a problem, the pricing, report your sales to the guides. I could care less if they are paying you. Dont whine about it and do nothing when you can do something. Either be the leader, or dont whine. You cant tell me you dont make enough money on $130k coins and $30million coin deals... When is it just for the hobby as a whole?

    Third, this report serves only one group of people, Legend. Ive never bought a coin from them, or sold any to them. And I would if the right coin(s) came up for sale, but this report just serves their interest.

    Fourth, they need to stop buying such nice coins. I cant afford any right now and ts depressing. image


    One thing is for sure, her reports are some of the best reads around in this hobby.

  • ZoinsZoins Posts: 33,811 ✭✭✭✭✭


    << <i>I'm surprised she has to tell people who would spend 130,000 dollars on a coin that price guides are just guides. >>

    I'm totally ... not ... surprised image
  • Also, just because one has $130K to drop on a coin, it doesnt mean they know what they are doing.
  • tradedollarnuttradedollarnut Posts: 20,145 ✭✭✭✭✭
    Third, this report serves only one group of people, Legend. Ive never bought a coin from them, or sold any to them. And I would if the right coin(s) came up for sale, but this report just serves their interest.

    I disagree with this. Look at the facts - the coin sold a few days later to a dealer for full asking price. Legend wasn't harmed in any way by the customer not buying the coin. The only person harmed [perhaps] is the customer who missed out on a great coin!

    Using one data point [greysheet ask] to price quality coins is uneducated and will cause one to miss out on most good coins. While the article has a preachy tone that I've already stated I don't really care for, it's not entirely self serving.
  • <<I disagree with this. Look at the facts - the coin sold a few days later to a dealer for full asking price. Legend wasn't harmed in any way by the customer not buying the coin. The only person harmed [perhaps] is the customer who missed out on a great coin!>>


    I thought there was no asking price, just an offer made and declined?

    Also, while I see what youre saying about missing the chance on a great coin, comparing the sales of last year and two other coins does nothing in this market. Coin prices are on the drop, why pay up in a down market?


    <<Using one data point [greysheet ask] to price quality coins is uneducated and will cause one to miss out on most good coins. While the article has a preachy tone that I've already stated I don't really care for, it's not entirely self serving.>>

    I agree. Price guides are given way too much stock. Whats funny to me is that dealers are the worst with this. Anytime I sell, its 'lets look at the sheet'. Then a crappy offer followed by me laughing. Im not saying all dealers are like this, but more are than not.

    I personally have never looked at a price guide when buying a coin. NEVER. I buy the coin. Not the holder or price guide.



  • TahoeDaleTahoeDale Posts: 1,785 ✭✭✭
    I cannot top TDN's failure to buy the 1804 $10 in Pr 64, but my lack of information on the market value of a 1794 ED comes close.

    It was 1998, and an AU 55 came up for sale at Portland(I think). I was willing to go $110,000, and it sold for 125,000. I had a chance to buy it post sale, and passed. This coin sold for $500,000 within 4 years.

    But I remembered this mistake when an 1884 Trade dollar in Pr 63 sold at The Morris Silverman sale in April, 2002. I got a call from the dealer who had partnered the coin with Jack Lee. They wanted to make 5% on their cost, and I reacted quickly. I think I did okay, as I still own the coin, and it has increased by three fold.

    It is tough to be right about coins that rarely trade, and set prices by companies like CDN, and even PCGS may dissuade you from jumping in.
    TahoeDale
  • mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭


    << <i>First, people that post here have no problem calling someone stupid for misspelling a word, but this type of report is fine to publish? I personally dont care if its tore up from the floor up with the speiling. But, its a business. Use spell check...image >>

    It's her business, and she can run it as she pleases. Even if that means not using spell check. image

    << <i>Second, if its such a problem, the pricing, report your sales to the guides. I could care less if they are paying you. Dont whine about it and do nothing when you can do something. Either be the leader, or dont whine. >>

    She was complaining that the greysheet wasn't keeping up with auction results ("Its was clearly obvious they didn't even have the resolve to check auction records.") I'm not sure why it should be her job to collect these records and report them to the people at the greysheet.

    << <i>You cant tell me you dont make enough money on $130k coins and $30million coin deals... When is it just for the hobby as a whole? >>

    The amount of money she makes (or doesn't make) is irrelevant- it's not her responsibility to track auction results for the greysheet. And what she does "for the hobby as a whole" is her business- it's not really your place to decide that for her, is it?
  • astroratastrorat Posts: 9,221 ✭✭✭✭✭


    << <i> Anytime I sell, its 'lets look at the sheet'. Then a crappy offer followed by me laughing. Im not saying all dealers are like this, but more are than not. >>



    The "what's on the sheet" approach by many dealers is no surprise and has not changed for at least the last 28 years (or so). It's because many dealers don't really know all the markets and only reference they have is their weekly, monthly, and quarterly pricing "bibles." Then the CDN becomes a crutch so they don't really have to pay attention OR it becomes a hammer to pound unsuspecting sellers and buyers because a price is in print or the dealer can simply say..."if you don't like my price, then buy it from (or sell it to) the pricing guide."

    It's analogous to dealers who only trade in slabbed coins based on what is on the label and not the coin...whether or not they can really grade. It's just numismatic laziness.

    Lane
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • BAYOUBENGALBAYOUBENGAL Posts: 94 ✭✭✭
    let me make sure I get this- some of you are giving major credence to the remarks of a retail saleswoman who failed big time with her own auction efforts awhile back? Look, I think Laura is a fine typical saleswoman, but just becuase someone writes something does not mean thye have any great insight other than thier own agenda of selling coins at the best price (for them) possible.
    BAYOUBENGAL
    CFA, LSU AND ANA
  • ElcontadorElcontador Posts: 7,411 ✭✭✭✭✭
    For what 99% of us need to know, sign up for a free account at Heritage, and check with auction history re a particular coin in a particular grade. From the images, you MAY be able to get an idea of where said coin is on its grade continuum. They do a very good job over there.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • mozinmozin Posts: 8,755 ✭✭✭
    I thank Laura Sperber for writing her Accurate Pricing article. She obviously has quite a following on this forum.

    The CDN was something that I used to get once every six months. Lately, I don't think I look at it after I receive it. For me, the CDN is pretty much worthless. I use prices realized.
    I collect Capped Bust series by variety in PCGS AU/MS grades.
  • ConnecticoinConnecticoin Posts: 12,454 ✭✭✭✭✭
    I am amazed that anyone would solely rely on CDN for a coin worth more than $200, much less a coin worth $161,000.

    The CDN appears to be accurate for a good number of categories (i.e. MS 65 Morgans and Walkers), but any expensive coin prices needs to be cross-checked from other sources such as auction records or other known sales. And certain series (such as generic type) ALL need to be cross checked, regardless of value as CDN seems to be off on pricing many of these coins.
  • Can only vision her with an out of date shade of pink lipstick covered cigarette butt in hand,
    rollers, hairnet with clips, sitting in a crusty bathrobe covered in ashes/ ashtray on lap, feet propped
    on desk, dirty slippers covering over grown bunyons on swollen stinky feet, smacking
    on gum long past its prime...barking out dictation while banging on an old typewriter keyboard...
    yea its good to be the boss....
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>Can only vision her with an out of date shade of pink lipstick covered cigarette butt in hand,
    rollers, hairnet with clips, sitting in a crusty bathrobe covered in ashes/ ashtray on lap, feet propped
    on desk, dirty slippers covering over grown bunyons on swollen stinky feet, smacking
    on gum long past its prime...barking out dictation while banging on an old typewriter keyboard...
    yea its good to be the boss.... >>



    Her hair is straight.
  • pennyanniepennyannie Posts: 3,929 ✭✭✭
    The coin in question is a joke and most likely DRECK at 150k. WHY? 1. Collector made an offer based on sheet, Legend passed and then WHOLESALED the coin out for NOT A GREAT DEAL MORE MONEY. 2. If said coin was so good the mighty Legend should have been able to place it with another collector. Legend is huge and has collector want list and huge customer pool that has deep pockets 3.. Another dealer wanted a shot at placing it with another collector for instant profit.

    It is interesting reading but remember she is in sales like a lot of folks. I can make my duplexs sound like a country club to live in.
    Mark
    NGC registry V-Nickel proof #6!!!!
    working on proof shield nickels # 8 with a bullet!!!!

    RIP "BEAR"
  • astroratastrorat Posts: 9,221 ✭✭✭✭✭


    << <i>let me make sure I get this- some of you are giving major credence to the remarks of a retail saleswoman who failed big time with her own auction efforts awhile back? Look, I think Laura is a fine typical saleswoman, but just becuase someone writes something does not mean thye have any great insight other than thier own agenda of selling coins at the best price (for them) possible. >>



    Well...I guess something was missed in translation. Some of us are supporting (aka "giving major credence") to the remarks of this retail saleswoman (whom, BTW, I have never actually met) because her message is on target. This position is based on our collective experiences...some of which spans decades in the hobby/industry at many levels.

    Lane
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • BAYOUBENGALBAYOUBENGAL Posts: 94 ✭✭✭
    point well taken astrotat....let me rephrase and say that to each his own and if she is a valuable source to you/others then that is what is important...and if she is not to me then that is part of what makes a market...we all value things a bit differently. However, I certainly meant no disrespect to those who chose to rely on her as a source, I just chose not to....and to be honest, I value your posts as often being very good ones...
    BAYOUBENGAL
    CFA, LSU AND ANA

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