• When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

MarkFeld

Member: Seasoned Veteran
 View Profile  See their activity

  • Posts

    13,884

  • Joined

  • Last visited

  • Days Won

    39

 Content Type 

Everything posted by MarkFeld

  1. MarkFeld
    If the poster had known that the face had been ground off, he or she probably wouldn’t have referred to the coin as “rare”.
  2. MarkFeld
    I wouldn’t want to have the bidding process automated. There might be a very good reason that a given coin is priced below the average wholesale price.
  3. MarkFeld
    A dealer wouldn't want published prices for coins of the type he carries, to be too low. Though he very might want prices to be too low if he's trying to acquire such coins. Regardless, I think you're being overly cynical.
  4. MarkFeld
    I agree about the price guides being only a very small part of NGC's and PCGS' businesses. I will say, however, that there are many instances in which the guide prices are considerably too low, as well. The key is figuring out which are too high, and which are too low. It can be done, but it usually takes quite a bit of time and effort..
  5. MarkFeld
    That's why it's very important to view auction results and not just price guides, even though neither should be relied upon, blindly.
  6. MarkFeld
    Without knowing the assigned grades, overall, that looks like a very nice group! The only one I don't really like is the 1924, due to the grease(?)/spot(?) above and to the right of the date.
  7. MarkFeld
    The price that the current owner chooses to ask doesn't necessarily say anything about whether he obtained the coin at a favorable price. For all we know, he could list it at $100,000, but still might not be able to get his cost out of it.
  8. MarkFeld
    Welcome to the forum. Your comment about the wide price spreads on 1917’s, depending upon the coin, applies to all dates (as well as for a great many coins in other series, as well). I recommend that you be very patient and selective in your search and that you enjoy yourself. Are you able and interested in posting a few pictures of some of your coins?
  9. MarkFeld
    You’ve been given good information. If you’re going to buy coins, it’s best to do so for the enjoyment of collecting, not in order to try to make money. Sure, you might make a profit, but the odds are against it. Sadly, over a period of forty years, I’ve dealt with a lot of disappointed buyers. On the plus side, I’ve also worked with a good number of passionate collectors, who truly love their hobby.
  10. MarkFeld
    If you’re new to collecting, it would be better not to buy either. At least until you have a clear understanding of the market for them (as well as for examples without special labels) AND the resale market for such items.
  11. MarkFeld
    I’d suggest this forum for U.S and world currency questions: https://www.pmgnotes.com/boards/forum/38-us-and-world-notes/
  12. MarkFeld
    While I don’t have one with me at this time, I’m confident that the CDN lists values for Saints at least as often as it does for Liberty $20’s.
  13. MarkFeld
    Grading is an opinion. And if a coin has been recolored, cleaned, etc., a numerical details grade is largely irrelevant.