Does This Coin Dealer Make A Fair Offer? Morgan Dollar Collection Appraisal

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CoinHELPu

CoinHELPu

Жыл бұрын

Is This A Fair Offer? Morgan Dollar Coin Dealer Appraisal To Buy Coins
‪@Stackinginvestments1‬
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@CoinHELPu
@CoinHELPu Жыл бұрын
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@anthonykaminskasbenjihunter
@anthonykaminskasbenjihunter Жыл бұрын
Before I came to know Daniel I have sent my coins off to be appraised and valued in all cases I had the buyer send my coins back at my expense. Why you ask ? Because those company low balled me to the point of rage. I have been collecting for over thirty years. So I may not know all but I know when especially on graded coins Price. This is to say Grey Sheet and sold auction prices. Even on the common material. First time I sent in coins I was pleasantly pleased with Mr. Malone and how fairly he treats his clients. Well now when I have overstock or want to trade up to better coins I go to Daniel Malone one of the fairest honest dealers I ever had the pleasure to deal with. I’m out.
@shihanhermes6056
@shihanhermes6056 Жыл бұрын
I believe this is fair. A lot of people want to receive the most for their collection, which its understandable. however, you also have to consider that the coin dealer has to make money from it. remember, he has a business. Rent, electric, employees, setting up displays on the internet / store, etc. Thank you Daniel for showing this on the video. The more we learn, the more we understand.
@AuntLaura
@AuntLaura Жыл бұрын
Very nice video. What a treat to be able to see both sides of the transaction thru KZfaq. Thank you for sharing, Daniel and Doug!
@jeffreyarbogast4735
@jeffreyarbogast4735 Жыл бұрын
Extremely fair! If you figure costs associated with running a LCS, lights, utilities, part-time staff, supplies, inventory, available cash reserves, personal investment (retirement), travel, subscriptions (CPG etc.), simple basic TIME, expertise, etc. . . . . . . . . I think a dealer is quite allowed to give you a percentage of what you brought in. Particularly if the majority is common, problem, hard to sell, in a downward demand cycle, etc., you are lucky to get this type of offer. I am known in the industry (helped with that holder button you mentioned on PCGS), have a stellar rep., and still, I would have a hard time expecting more from this load of common stuff. Bravo! Great vid!!!
@carlmohr9941
@carlmohr9941 Жыл бұрын
Daniel is definitely a 1 in a million dealer. A majority of the time I've tried to sell to a dealer they offer 10 cents on the dollar. Thus the "tried to sell". I never did.
@wildwild9926
@wildwild9926
When my wife retired in Oct 2027, I will be open a coin shop, in Lynchburg Tn. I will be buying glod and silver. I will be buying all us coins.
@MarkA-Coins
@MarkA-Coins Жыл бұрын
Thanks Daniel for the behind the scenes video. You definitely do take the time to do research and offer fairly.
@TheWinstonDouble
@TheWinstonDouble Жыл бұрын
I wish everyone could have a local dealer like Daniel. I had a hard time finding a good honest shop when I moved. Some of the dealers are a little shady with selling cleaned AU coins as UNC or dealers that don't actually appreciate coins. They'd buy junk silver and not even care to look it over. I found a coin in their bin of melt that was worth $300 book value. Wonder what they paid the customer for it. Luckily I came across a very knowledgeable and honest dealer that really knows and appreciates coins who will buy and sell at a fair price. Only guy around that pays 90% on junk silver and sells at no premium, despite demand for it being so high. Always try to do business with dealers like him and Daniel.
@Stackinginvestments1
@Stackinginvestments1 Жыл бұрын
Thank you for doing the video on these coins and the shout out. Others can learn a lot from this video with all the different coins and conditions.
@jryan3906
@jryan3906 Жыл бұрын
Great video Daniel! I really appreciate you going through how you determined your offering price. It helps to know how/why coin dealers sell their products and the relatively small margins involved (after considering admin/time/shipping/taxes/fees etc.). Fantastic instructional video and very nice of you to share it!
@stevegoering
@stevegoering Жыл бұрын
more than fair...thank you for sharing and explaining how you do it...
@QuaaludeCharlie
@QuaaludeCharlie Жыл бұрын
Very fair . You have a normal way to look at it , These are Values I would expect when selling .
@kleinster99
@kleinster99
One of the best actual informative channels out there. Most others are repeated speculation channels without much substance.
@glennsheehan8271
@glennsheehan8271 Жыл бұрын
Nice video. Looks a discount of 25 to 30% off the most recent sold prices is the expectation. Based upon the ways coins appreciate it would be about 4 to 5 years to break even if you buy at the full retail and wanted to sell.
@robertrigbyjr5031
@robertrigbyjr5031 Жыл бұрын
that was very interesting thank you for the inside look
@dalestoner2928
@dalestoner2928 Жыл бұрын
Been waiting for this video. Doug is a great guy. Great to see your opinion on Doug's submission.
@1863dana
@1863dana Жыл бұрын
Wonderful information. Gives us what we should expect when we sell our coins.
@joshpointoh
@joshpointoh
I actually think he overpaid for that a little.
@andyreznick
@andyreznick Жыл бұрын
Excellent collaboration with Doug. Thanks!
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