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I have a chance to buy 185 silver dollars in graded holders. What do I pay to profit from these ?
Watchbelieve
Posts: 527 ✭✭✭
I’m wondering what I should pay for these below the book value to resell them individually on ebay? Also I won’t see them til next week, if they are all in the old holders is that a good thing for me? Do coins in the old holders usually get a higher grade when resubmitted?
1
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Not the ones bought sight unseen IMO.
Not knowning who graded them melt would be a start point on pricing.
Old holders may bring a modest premium assuming that the coins are all there for the grade. Unless the collection has been buried for many years, the upgradable one likely already have.
Check Ebay auction results (or heritage) to find recent pricing. Work back from there. Ebay/Paypal/shipping fees with a store are in the 12-13% range.
Good luck...it sounds like a great opportunity.
An awful lot to assume to provide any kind of answer. First of all, old PCI holders or PCGS? Maybe INS or PCCS?
You could always try the old coin dealer "Whaddaya lookin' to get outta dose?" question first
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
So much information is missing to give a fair offer.
IDK
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Wait until you see them (the coins). Take good notes and some photos. Then ask. Lots of good people with plenty of expertise here who will be glad to help, but the more information you can provide, the more help you can expect.
It depends on multiple factors....1) grading service....2) grade assigned....3) date & Mint-mark.
It seems you don't have any knowledge at all on the product you are going to buy, to resell. Not a sound plan in my opinion.
I don't care who graded the dollars, I will pay melt on as many as you have, all day and night long.
Dates, mintmarks, conditions?
Also, be sure the coins are graded by NGC, PCGS, or ANACS and not just the plastic holders.
Let get an order in from Ali Babba then I can take you up on that offer.
Given the details within the first post, I guess perhaps $1,000 each would be fair.
In honor of the memory of Cpl. Michael E. Thompson
Just like your **numerous ** phantom error posts guess you figured them our esp the dd ? right?
Again do your INDEPENDENT Research you have 400 posts and still in doubt? How old are you?
Just pay like $20 or less and you be ok unless you buying fakes which if you **search ** you can read about or just post here **right****
**
Wouldn't be worth the trouble or risk to me.
Everybody if you think I am HARSH on this one check his previous posts!
For the rest have a good week ahead.
Everything about this post makes me think that the OP will not come out ahead in this one.
Latin American Collection
Either you won't pony up the dough or the seller will just say no. Not a chance you'll get them as the seller knows much more than you on these dollars.
bob
Humm seems strange questions about minute errors now morgan dollars?
Like that othe cluesless person phatom errors and then a seated quarter.
Whats up with that?
$20 each is probably a safe bet with the lack of details available to make a rational judgement.
Watch trade him some of yout phantom errors at face value even you got boatloads of them no doubt.
Just like you we don't know what they are so we cant tell you till we know, could be a bunch of gold dollars like prez one's and not the real Gold dollars.
I love dreaming but then I get slapped with the reality of life that most collectors are just that and see a lot of stuff that is worth face or less. But you never know that's why you need to look at it. It just may be a home run but get the deal 1st then we can give you a better idea about it. You don't want to rip them but you need to make $$$ for your time it will take for you to sell.
Hoard the keys.
I just love these vague non specific posts like the flood of certain topic
This chracter is another one who will NOT most likely come back with followp and certainly definely NOT get a thank you and maybe a response probably dening everything we said hete
.Since we dont know what we are talking about.
You might trade him your junkindian cents as well.
Purchase 150 morgans and graded right, Did you purchase the Brooklyn Bridge as well it in NY Op Lol.
Will you have an opportunity to see the coins in their holders and then do research or is it see and buy or not. If the latter, you had better be very educated on what you are doing. Good luck.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
Watch still clueless at 500 posts . Check this one track record
Research and less posts would help you .LOL
$3098.00 + $6.95 shipping.
Watchbelieve.how old are you?
If you don't know the answer to that question without asking a question like this on the board you have no business considering such a purchase.
Definitely do not buy the coins sight unseen. If you really want to do this deal, check and see what similar coins have sold for at auction, consider all expenses, then build in the profit you want.
For what it is worth, you might want to consider starting with smaller deals while you learn, mistakes can be expensive. If you do the deal I hope it works out well.
I know someone that hit the big 6 and is willing to go up to $10K each
Cannot comment without more information. Silver dollars can include a variety of metal purity and yes some holders will get a small premium but not because of resubmitting unless they are old Morgan’s or proofs. Peace ASE are all different. If you get any Trade dollars let me know. Good luck.
Best place to buy !
Bronze Associate member
There is not enough information here to even hazard a guess. The worst case senecio would 185 Chinese counterfeits in counterfeit grading holders.
Call me a fool but.....
After living in the Detroit area since 2009 , I've learned that the X Files mantra " Trust No One" is the only way to go in the ISA .
EVERYONE. Yes EVERYONE is looking for a sucker to unleash their scam onto. If it was me, I'd be expecting Chinese Counterfeit Morgans and Peace Dollars. I bought some, directly from a Beijing source once, and they looked surprisingly real. I think I paid around $4 each ( DELIVERED), so watch out !
P.S. the ISA I put in above was NO Typo on my part. I've found in my 9 years up here in the "Biggest Metro Bankruptcy City" in History , that very few will help you with ANYTHING. Even if it's their job to help , they won't do anything other that give you a transfer to someone elses phone. So in the end , you find yourself in the ISA ( Incompetent States of America ) . United? Maybe at one point in past History ( 1776? ) these States MAY have been "United" , but now ?
I. S. A.
Good luck on ever making the I S A back into the " Great " U S A .
thanks guys. I will post more info when I get it
if your going to sell them on e bay, you better get them for well below gray sheet, especially if your going to do no reserve auctions
Sounds like it could be a lot of money to commit to if you are unable to answer the questions yourself. Nervous for you
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Contact the seller and ask for the following information: Coin type, date and mint mark, TPG on holder, grade. Once you have this information you can prepare an offer if you are interested in buying.
You know how to make $3500 buying 185 graded Morgans when you do not know what you are doing?
Buy them for $5500, and after you sell them, you have $3500 left.
This is a little like announcing you want to open a restaurant, and asking people how to make money doing so. It's complicated, and much easier to lose money than make money.
Coin Rarities Online
Agreed. And have you considered how much work it is to sell 185 silver dollars individually on eBay? Plus the eBay and PayPal fees will eat up a lot of your potential profits.
An authorized PCGS dealer, and a contributor to the Red Book.
Don’t. Just don’t
If the coins are dated before 1805, you should be fine paying $10 per coin, as long as they’re actual silver.
I bet everyone who told me not to purchase these because I asked if coins in the old holders usually upgrade are ALL DEALERS trying to keep people like me from taking the chance away from them. I Purchased raw coins from this man before. He inherited everything and knows nothing. I’m not getting ripped off for sure but I understand that I have to be cautious. I’m excited to show you what I get, I have a great feeling about this one. I admit the chances of this working out are slim but when dealing with the client I’m getting them from... it should be a score.
Considering one of the coins in the raw batch I bought came out graded best known WORLD WIDE. I’m excited to see what was actually graded
I have a chance to buy 10 houses in a up-scale neighborhood. What do I pay to profit from these ?
"Keep your malarkey filter in good operating order" -Walter Breen
Stupid statement. How would anyone HERE know about this collection? Kinda hard to take the "chance" away from "people like you" if YOU are the only one who knows about it.
AND your line "He inherited everything and knows nothing" tells me that YOU, sir are no better than "ALL DEALERS" that are trying to rip you off.
From your apparent lack of knowledge, you are doing a disservice to that man because YOU clearly do not know coins and might not be giving him the best possible price.
Let's see it.
Watch who **asked **who for advice.
Why
Lets ignore this guy **next ** and all future posts everybody.
Have you figured ** out what a **Double Die and PMD are LOL?
I agree no more soup,.. I mean answers for you. You are shut off. At least from myself. Alts and all. Good luck.
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I just don't get it. It's like you have the comprehension of an 8-year-old. First off, NOBODY CARES THAT MUCH.
Secondly, a bunch of old greedy dealers are not going to get that excited about the potential upside of SOMEHOW screwing you out of such coins, and most dealers I know I could leave them alone in a room of $100K in loose bills on a table and trust them both to be there when I returned... Thirdly, you throw around terms like "old holders", but you STILL haven't said what kind of "silver dollars" or what brand of "old holders" they are, despite repeated queries. And no, PCGS old holders are NOT lock upgrades.
I still can't understand why I get sucked into responding to someone who is either aggressively ignorant, a mouthbreather, or just a bored troll.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1