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Hey all, within the last 2 or 3 months i've had a few opportunities to buy entire collections from different people. But how do you price an entire collection without going through every coin right there in front of the guy. Or is there a way? Do you ballpark it? that seems a bit risky. I'm thinking some % above face value? They seem to want rid of the whole thing so i can't just take what i want. Any tips or advice? Thanks.

nero12345 wrote:Hey all, within the last 2 or 3 months i've had a few opportunities to buy entire collections from different people. But how do you price an entire collection without going through every coin right there in front of the guy. Or is there a way? Do you ballpark it? that seems a bit risky. I'm thinking some % above face value? They seem to want rid of the whole thing so i can't just take what i want. Any tips or advice? Thanks.

My OP:

I set down with a notepad, pen, and greysheet. I do a honest retail evaluation of what I think I can move the material at and make an offer back of that price. I am buying for profit but I believe in giving folks a fair shake. As for their envolvement in the process......not a problem as long as they are realistic and do not expect HSN prices.