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Topic: Hypothetical: Dealer deal  (Read 128 times)
Breanna72
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« on: February 07, 2025, 12:31:15 pm »

Hypothetically, if you took 239 UNC notes to a dealer and they paid you and average of $1.34 above face for all of them, would you consider that a fair deal or would you have a problem with it?
Cheers, B
Dean
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« Reply #1 on: February 07, 2025, 01:43:42 pm »

Hypothetically, if you took 239 UNC notes to a dealer and they paid you and average of $1.34 above face for all of them, would you consider that a fair deal or would you have a problem with it?
Cheers, B

There's a lot of missing information in your question.

1.  Of these 239 notes, are they common or rare?
2.  Are the notes raw or graded?
3. Were the notes acquired at face value or was a premium paid for them?

Ultimately, the dealer has to make a profit if they are buying from a collector.  The Charlton Catalogue offers a rough guideline for pricing and dealers will offer less than this most of the time.

If the seller is happy with what the dealer is offering, then it is a good deal; if not, then the seller is always free to get a second opinion.

From personal experience, I have usually lost money on purchased notes that I have sold back to dealers.  That's why I am very picky about the notes that I buy for a premium and if I do buy something from a dealer, I intend to keep it for a significant length of time.

Just my thoughts,
Dean

 

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