Morning everyone,
So last night I was dwelling upon the various strategies collectors employ in order to purchase their coins, and I thought I would ask you all the whys & wherefores of coin buying strategy and protocol.
In other words - How do you buy your coins?
I looked at the choice GV Shilling advertised here and was very impressed with the quality, but the asking price was higher than many other similar coins I have seen for sale on other coin sites and shops.
My first question is then, if you were interested in acquiring the Shilling is it good investment strategy to pay a little over the odds for a choice coin? Is it likely to return a profit in the long term (say 20 years) ??
Finally, is it acceptable to haggle with coin dealers over asking price?
Hope this doesn't touch any nerves at all, I'm just trying to understand the coin dealing business a little better in terms of the best cost effective strategy for building up a first class coin collection for the future.