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Is this a fair offer? From a collector...

2ltdjorn2ltdjorn Posts: 2,329 ✭✭✭✭
in U.S. Coin Forum
Hi,
I saw your BST request for dealer offers on your group of coins. While I am not a dealer I would like to make an offer for all of the gold dollars.
1850-O G$ PCGS AU 53
1852-O G$ PCGS AU 50
1853-O G$ PCGS AU 55
1856 Gold $ Slanted 5 PCGS AU 58
I would offer $1200 shipped for the group.
If you are interested I would be able to pay via check prior to you sending the coins.




Got this a while ago... Thoughts?
WTB... errors, New Orleans gold, and circulated 20th key date coins!

Comments

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    MoldnutMoldnut Posts: 3,082 ✭✭✭✭
    Its best to keep this kind of stuff private IMO.
    Derek

    EAC 6024
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    2ltdjorn2ltdjorn Posts: 2,329 ✭✭✭✭


    << <i>Its best to keep this kind of stuff private IMO. >>



    Usually I agree, however with all the typical dealer bashing that goes on around here... I just wanted to emphasize collectors aren't totally innocent. I by the way enjoy dealers and collectors...
    WTB... errors, New Orleans gold, and circulated 20th key date coins!
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    WTCGWTCG Posts: 8,940 ✭✭✭
    The definition of what is a fair offer and what isn't is up to the beholder. A fair offer to someone might not be to somebody else. If the offer seems reasonable to you then you should accept it. If it doesn't then decline and move on.
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
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    RYKRYK Posts: 35,789 ✭✭✭✭✭
    It's a little low, bit not shockingly low. $1500 would probably be closer to a fair offer. I value the 1850-O at $700 (wholesale), and the 3 others at about $275. Perhaps the perspective buyer did not realize that the 50-O is a better date?

    I cannot find the original listing. We're they offered as a group or individually?
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
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    TwoSides2aCoinTwoSides2aCoin Posts: 43,849 ✭✭✭✭✭
    If I had a grand in all of them, it would be more than fair for me. P.S. Doesn't mean I'd sell 'em. image
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    GoldClauseGoldClause Posts: 838 ✭
    Be sure to charge $15 shipping. image
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    LakesammmanLakesammman Posts: 17,294 ✭✭✭✭✭
    Checked my PM's - whew! It wasn't me. image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko.
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    BAJJERFANBAJJERFAN Posts: 30,992 ✭✭✭✭✭


    << <i>Be sure to charge $15 shipping. image >>



    non-refundable of course.image
    theknowitalltroll;
    MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
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    TireKickerTireKicker Posts: 870 ✭✭


    << <i>Be sure to charge $15 shipping. image >>



    image
    All the best,

    Rob

    image

    Successful Trades with: Coincast, MICHAELDIXON

    Successful Purchases from: Manorcourtman, Meltdown
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    Cougar1978Cougar1978 Posts: 7,639 ✭✭✭✭✭
    I feel like its a loball offer. Based on the CU price guide these coins have a market value of 2250 (assuming I am correct). His offer of 1200 is 53% of market. I think a more fair wholesale offer would have been 1500.

    I think you could do better than the 1200 auctioning them on ebay. I think you could get close to at least 1500-1600 there. Better yet they would make a fine beginning inventory for your ebay store.
    So Cali Area - Coins & Currency
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    lcoopielcoopie Posts: 8,785 ✭✭✭✭✭
    I am getting a whiff of spam
    LCoopie = Les
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    It is an offer... accept or reject and move on.... Cheers, RickO
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    BillJonesBillJones Posts: 33,485 ✭✭✭✭✭
    Without seeing the coins in person it is not possible to judge this offer definitively, but in view of the fact that all of the coins are PCGS graded, and the Gray Sheet bid on the group is $1,335, it sounds a bit low.

    The 1850-O gold dollar is one of the better dates in the series. Some collectors think that it is equal in rarity to some of the more common Charlotte and Dahlonega mint issues. If that coin is a really nice AU-53, the offer would be really low.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    okiedudeokiedude Posts: 643 ✭✭✭
    $1205?
    BST with: Oldhobo, commoncents05, NoLawyer, AgentJim007, Bronzemat, 123cents, Lordmarcovan, VanHalen, ajaan, MICHAELDIXON, jayPem and more!
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    RYKRYK Posts: 35,789 ✭✭✭✭✭
    A couple points that have not been addressed...

    1. Were the coins offered as a group or individually. If offered as a group, sometimes the offer will be lower if the buyer is purchasing coins that he does not intend to keep.

    2. Is it a sight-seen or sight-unseen purchase?

    3. Were there accompanying photos and were they high quality? Flattering?

    4. Is there a possibility that the person who made the offer did not recognize the rarity of the 50-O and was considering all of the dates to be generic?

    5. Perhaps the potential buyer was expecting a counter?
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
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    LogPotatoLogPotato Posts: 2,172 ✭✭✭✭


    << <i>It is an offer... accept or reject and move on.... Cheers, RickO >>



    image
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    123cents123cents Posts: 7,178 ✭✭✭
    I think the offer is a bid too low.
    image
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    SamByrdSamByrd Posts: 3,131 ✭✭✭✭


    << <i>Be sure to charge $15 shipping. image >>

    image
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    LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Everyone wants a deal. Some really do get out there though.image
    My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794
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    Type2Type2 Posts: 13,985 ✭✭✭✭✭
    I that it was i'll send you a ck then you can send me my coins? image


    Hoard the keys.
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    sparky64sparky64 Posts: 7,026 ✭✭✭✭✭


    << <i>Its best to keep this kind of stuff private IMO. >>



    Yep.

    I'd have responded: Thank you very much for the offer, however the least I could take for that group is $1xxx.......

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

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    telephoto1telephoto1 Posts: 4,749 ✭✭✭✭✭
    Be sure to ship them for free... because we all know that if you make a profit then you can afford to.
    Oh... wait... that only applies to dealers... image

    RIP Mom- 1932-2012

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