custom service.pricing

[montie1977]

I have a question on pricing coins. It seems every web site has different prices but in reality there not Evan close to what you can sell your coins for. Ive never seen a buissness as large a this run by only a chosen few. When you read price magizines pricing there about 50% higher than. When you go to your local dealer they give you about 1/2 of the retail price if your luckey. Also most of the dealets I have met need a good customer service course on how to treat people.

[Daniel]

You post an interesting topic that I have talked and wrote about a few times. You just have to remember that book values are just guides and dealers report their high end sells and low end sells and that skews the final result. Furthermore, not all dealers report or are used as a pricing reference for the major publications, so most sells go unaccounted for.

Then you have to realize that most of the values are certified or graded coin sells since you can't place exact values on raw coins because grading, thus percieved value, is an opinion and between the seller and the buyer, IF raw - Many times this also applies to graded coins that make look low end or high end for the grade on the label.

If you're a collector and only sell occasionally then searching ebay's completed auctions is a better indicator of the value of your coins. Heritage archived coin auctions is a close second.

Dealers with bad attitudes are another subject but most only care about making money, and that's it, so if you're a picky buyer, don't spend a lot, then you take up there time they think they could use with a deeper pocketed buyer. Also, dealers buy coins depending on the knowledge they percieve you have on the coins you're selling. The more you know about the coins you're selling the better price you're likely to get, or the worse attitude, depends on the dealer's mood or greed.

If a dealer has a huge inventory then they might not really need the coins you're selling and try to pay less since they don't really need the coins for clients. Of course there's so many other things involved but maybe this gives you a better picture. I have been in and around the business all my 42 years and it hasn't changed much.