Welcome to CoinWebb.com
by Matt Hays
Welcome to CoinWebb.com
This is my personal hobby page. I am not a coin dealer. I am a collector, and I can give you free advice from years of doing things the wrong way, losing money, learning what NOT to do. I'm mainly buying today. See the "I'm buying" link to the left side to see what I'm buying. I do sell a few things occasionally. If you want to buy from me, see the link on the left side "I'm Selling". Otherwise, you're probably here to browse for links.
Collect coins for fun. Don't collect coins thinking you will get rich, or get rich quick. Rarely does a coin appreciate very much very fast. Rarely does anyone find a rare coin worth thousands. Accumulating a lot of coins and bullion will create a net wealth, like a savings account. Individually they may not be worth much, but as a whole collection, you have a real store of value. Most coins are reasonably priced and within reach of the average collector.
Use the PCGS price guide. It generally runs a little high but represents a good idea of what your certified coins are going for. Dealers usually use the "greysheet". Consider that when using any guide. DO NOT use the Red Book. It's insanely high priced. The Blue Book dealers use is OK, for RAW coins. You may want to get the CDN greysheet so you can see what dealers are paying. Don't
pay too much for your coins. There is a percentage, a "margin of profit" you can't recover. It's usually about 30% or more. The only way to recover it is not to pay it in the first place. Numismedia is also a great guide as it's frequently updated (and free).
I find a lot of nice coins on eBay, but they're too high priced. Sometimes double or more. Look for coins you can make an offer on. Don't be shy. Offer what you will PAY. If they refuse, PASS. There are plenty of coins available. Sometimes you come across an offer that's just right. If you like the coin, buy it. Be careful and look at the seller's feedback, rating, and shipping fees. Sometimes they price coins low, and gouge you on shipping & "handling"... Another auction I like is Proxibid. They represent many auction houses, and you can usually find great deals, on a TRUE auction. Bid low, you never know. Go to "LIVE" auctions, and get in on REAL time bidding. Be sure to have your price guide pulled up on your browser, and don't get wild and pay too much. They usually charge an 18% buyers fee. Be careful and don't bid too much.
When buying or selling bullion, always go to Coinflation and make sure you're not paying too much, and when selling make sure you don't get ripped off... the prices on bullion change EVERY SINGLE DAY (except weekends).