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1. Selling at the ANA - my 2 cents

   

   Discussion by roadrunner · August 3, 2003 2:03AM · Home› U.S. Coin Forum

   After having a diffucult time moving material at the FUN show I had some healthy skepticism about the ANA. My intentions were to move out of stale and off quality coins to make room for better pieces. Arriving Thursday around 10 am I spent 2 hours looking at B&M auction lots (quarters and halves). By the time I got to the…

2. Re: Selling at the ANA - my 2 cents

   

   Comment by roadrunner · August 3, 2003 1:06PM · Home› U.S. Coin Forum

   Thanks Merc and Barberlover for the kind comments. I've been wrong before so many times on what to keep and what to sell. But my gut feel was to move out off coins I felt didn't offer a good probability of return over the next few months to years. Some of these I had just picked up over the past 12 months to make a few %…

3. Re: Selling at the ANA - my 2 cents

   

   Comment by Merc · August 3, 2003 12:15PM · Home› U.S. Coin Forum

   Wow, roadrunner, you sold $50,000 grand in coins in just 1 day. I've maybe sold $2000 in the past 3 years! I would love to have your experience and eye for coins. You said you were selling some problem coins. Well if you were selling them at an average of $1000 a coin, they must not have been that bad. That 1923 quarter in…

4. Re: Selling at the ANA - my 2 cents

   

   Comment by roadrunner · August 3, 2003 2:25AM · Home› U.S. Coin Forum

   Gemtone65, thanks for the comment. When I can't attend shows I like to hear what others have to say. I should add that most of what I sold was type coins in the 63 to 66 range. I did sprinkle in some MS63 to 64 generic gold type, as well as a few commems and Morgans. I sold a very beautifully toned 1923 NGC67 (90% head)…

5. Re: Selling at the ANA - my 2 cents

   

   

   Comment by ohbaby · August 3, 2003 2:33AM · Home› U.S. Coin Forum

   Great report from the "selling" side! Thanks a bunch.

6. Re: Selling at the ANA - my 2 cents

   

   Comment by barberlover · August 3, 2003 12:40PM · Home› U.S. Coin Forum

   I believe Road Runner probably has a lot of castoffs that dealers will call pq upper end coins when they resell what they bought from him. If I had the money, I would have loved to have had first crack at his rejects. Originality & Eye Appeal, thats what sells a coin. Les

7. Re: Selling at the ANA - my 2 cents

   

   Comment by roadrunner · August 3, 2003 6:08AM · Home› U.S. Coin Forum

   Good suggestion. Even if you are a diehard who plans on never selling, it is a good idea to occasionally check/verify what you are doing by offering selected coin(s) for sale. Unless you've been around the hobby for years, it's a big help to test the waters at times. And there is no better time than now to start weeding…

8. Re: Selling at the ANA - my 2 cents

   

   Comment by 291fifth · August 3, 2003 4:01AM · Home› U.S. Coin Forum

   Excellent report. It is when you attempt to sell that you really find out how the market is. It would be a good idea for everyone reading this thread to go thru their collection and weed out the second string material.

9. Re: Selling at the ANA - my 2 cents

   

   Comment by Mojoe · August 3, 2003 2:19AM · Home› U.S. Coin Forum

   Thanks for your ANA report. It was very interesting. You make a very good point noting that premium quality coins bring premium prices. Thanks again.

10. Re: Selling at the ANA - my 2 cents

    

    Comment by gemtone65 · August 3, 2003 2:10AM · Home› U.S. Coin Forum

    Roadrunner: very interesting and informative write-up. Thanks for taking the time to do this.