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Coins & Paper Money

 Seems to me when a person is a buyer of coins,the coins are top dollar.When a person wants to sell coins they all-of-a-sudden are virtually worthless.

 

 Just recently attempted to sell a rare coin,listed with a $ .99 start,free shipping and no reserve. After a day my add had only five views,no bids,I removed the add so someone didn't snipe it off for the .99 starting price when the coin is worth $250-$350 by the guide. I would have actually gave the coin away for free and also paid for free delivery of this coin.

 

 Is this the way with all coins? Are they virtually worthless unless your the one buying? I have bought no less than 20k worth of coins over the last few years and probably could not get $1000 for the whole works from a dealer.

 

 Is this a false market that is only profitable for people taking advantage of the not so informed? 

 

 I feel like I have been taken' for a ride. Is the coin markey merely a well devised scam?

 

 I am starting to feel that way.

Coins & Paper Money discussion

Oct 19, 2014 8:18:55 PM PT

Are coins virtually worthless?

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