Many kinds of prices at work in marketplace
By Mark Ferguson for Coin Values
In the wholesale market for coins, which is dealer-to-dealer trading, some dealers buy and sell coins through electronic trading networks.
The dealers who use these networks regularly post “bid” prices or the prices they are willing to pay for certain coins. Many bid prices are sincere attempts to purchase coins wanted by customers, but others are attempts to buy great bargains if willing sellers are found.
Participating dealers also post on the network “sight-unseen” bids, in dealer parlance, indicating a willingness to accept any coins graded by particular grading services in the grades they are seeking to purchase.
Related posts:
- CCE and PCGS Currency Launch Currency Marketplace
- Slab Premium Rules Marketplace
- Market Report: Collecting as a Long Term “Work In Progress”
- Fricke offers downloadable version of CSA work
- Coin market includes sight-seen, sight-unseen segments
- Collector Base Strong, Prices Holding Steady
- Are Rare Coin Auction Prices Wholesale or Retail?
- How One Dealer Prices Rare Coins – Doug Winter
- The “Deal Shopping” Mentality and Rare Coin Prices
- Current gold $3 coin prices may present opportunities















