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Friday
21 November 2008

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Coin market includes sight-seen, sight-unseen segments - Coin World

Trying to explain what sight-seen and sight-unseen bidding are is at once easy and confusing. “Sight-seen” and “sight-unseen” bidding are terms describing ways that dealers can buy and sell coins through dealer-to-dealer networks. But, it turns out, it’s much more complicated than that.

At the basic level, someone buying a coin “sight seen” has the option, once they’ve seen the coin, to buy it at a price already established between buyer and seller for a coin from a specific grading service and in a specific grade, or they can reject the purchase.

Read entire article: Coin market includes sight-seen, sight-unseen segments - Coin World

Filed in: Coin Dealers, Coin World, Uncategorized

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