Home U.S. Coin Forum

Reviewing a collection tomorrow, have pricing question

Hi all,

I wanted some advice. I am reviewing a collection tomorrow and I am certain there will be some things I want to buy. In the past I have bought some collections and I always give a very fair price. As a collector I value collections and since I can't always go through everything, I usually give good value above melt.

However, I am doing a favor for an estate sale and will go through them and point out the values, organize, etc. So if I want to buy several things or even the entire collection, what do dealers usually offer in this situation?? I want to be fair but I am still selling things from the last collection I bought that do not fit my personal collecting goals. It was an all or nothing deal. If that happens again, I would like to build in some profit if possible. If I find the collection is worth $7000 at retail (example) what would a smart coin dealer offer in terms of percentage of value?

I do not think there will be much rarities. A lot seems to be rolled silver, etc. And it doesn't sound too organized. Any advice is appreciated.

Swest

Comments

  • lasvegasteddylasvegasteddy Posts: 10,432 ✭✭✭
    just be fair to them and you

    current trends is tuff on widgets reguardless of retail which i see even off some 20%

    be careful is all i can say in this market with widgets as i'd display estimates on ebay items ending current if confronted as possibly low balling them

    i see great coins collecting seller's dust right now on sale

    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


  • 291fifth291fifth Posts: 24,689 ✭✭✭✭✭
    If it nothing but a bunch of low value junk, pay accordingly.
    All glory is fleeting.
  • I know there are a bunch of Morgans in there and I don't do VAMs image. Other than that I will keep it fair but for things I really don't need for my collection I would obviously need to turn a profit on it. Heck, I am glad I get first peek either way!
  • I would not offer any more than 4K myself.
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    Check average auction prices, subtract 30% from that for the Seller and buyer fees and then subtract another 10% for your profit.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file