How long should a coin remain in inventory before it becomes stale?

TopographicOceans

And what do you do with after that point?

BustHalfBrian

<< <i>And what do you do with after that point? >>



6 months. After that, off to the auction.

RYK

Too long!

bigjpst

Until I get tired of looking at it. Some coins I don't really care if I ever sell. Differs based on every coin. After I feel like the coin is stale I will either sell it at auction, or accept the first offer that is "close enough" for me.

ctf_error_coins

I deal in unique items that once sold may be off the market for a generation.

I can not got out and replace a unique item that has sold, so I do not mind holding onto eye appealing unique material for longer than some dealers.

GotTheBug

.

291fifth

By the standards of the typical Sunday Bourse dealer, about 20 years.

DAM

I've got coins in my GC Watch List that have been there for well over 2 years.

Leaving them there just to see how long until someone buys them or they go Poof.

AMRC

Coins do not go stale. Demand waxes and wanes. I have sold coins in minutes of being listed and those that have taken years. The buyers were never any more or less satisfied based on how long the coin was listed.

Boosibri

When a dealer usually has a high velocity inventory I'd say a month makes me wonder what is wrong with the coin. Other dealers stock more esoteric items so one-three months is not that big of a deal. Bottom line, it depends on the dealer and the coin.

Type2

As long as it takes to have it graded.

desslok

<< <i>Coins do not go stale >>



While true, I mean they don't rot out or something, but they do tie up cash that could be used for other deal-making. I've seen dealers hold on to coins for years in search of the right buyer. Although the old adage says you should buy low and well high, I prefer the expanded version that say "buy low, sell high, and keep the goods moving".

As a collector, I sometimes find myself frustrated by some dealers. They can have a coin priced too high, sitting in their inventory for a long time and likely to continue doing so for a lot longer, and a serious collector comes in with cash in hand and a fair offer, and the hold off waiting for a better deal. Their prerogative, of course, but still frustrating.

BryceM

Some coins are stale the second they hit the inventory.

winky

6 months then ya lose money..

joebb21

It all depends on your business model.

How many shows are you doing per year? are you a wholesaler or retailer?