Thank you Coinbuf for your explanation. I have no experience dealing with coins. I have a collection that I put together as a child. I am now old and it’s time to get rid of it. The coins I have to sell are raw coins.
Let me start by saying I misspoke my question. What I need to know is a BALLPARK value of the coins I have. I realize that what they are sold for is quite different than the “proposed” value…but you have to start somewhere. As part of my research, I need to find someone who is knowledgeable that I can trust who is familiar with the field of purchasing and selling coins.
To that end and as part of my research I was hoping to use the GNC pricing as a jumping off point. The NGC pricing guideline, from my understanding, sets a general value on their website based on SALES of a coin with an established grading from a multitude of coin dealers. What I need to know is: If a coin (let’s say a dime) with a grading of fine is valued by the NGC pricing guideline for $56, what is the maximum value a coin dealer would have paid for an identically graded dime that thereafter sold for the GNC pricing guideline of $56?
I would expect that there is some wholesale price that dealers are willing to pay and not go above. For example, a general guideline of no more than 70% of the GNC pricing guideline. That is the type of guidance I need.
Thank you.