Went to a coin show in Niagara Falls, NY today.
Only bought one coin, a beautifully toned 1973 Canadian Silver Dollar, but what amazes me is the prices some dealers are asking for common coins. I went looking to buy some 80% silver Canadian dollars, common coins, common grade. Melt is about $8.50 on these. I saw a bunch of them in a dealer's case with the price of $33 on them. I'm talking circulated coins from the 60s. I swear, this guy hasn't changed his price since silver was $40/oz. I did see one dealer have BU dollars for $17 each, I was willing to pay $10 so I didn't even bother to ask. I didn't see many transactions going on. Mainly US coins, which looked over priced to me. Is this common at small shows in your area?
Roman, one guy had a nice selection of 8 reales, one with many, many chopmarks, but I don't know enough about them to know if his pricing was in line or not.
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
Comments
Many small bourse dealers would rather die with their coins than sell them at a loss. This is nothing new. The best way to deal with kind of dealer is to ignore them.
Yup, being able to walk away from absurdity is an important life skill. Peace Roy
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yep , ive walked out on many coin shows having bought nothing or just a few coins because of prices
Sent you an email.
Don
I have 150 of them you can have for 1250.00 thats about 95% of melt.. most of them still in the cellophane and mostly 1963-1966.... let me know before I ship them
Ken
are you guys talking US dollars or Canadian Bucks?
it would sure make a huge difference.
BTW, Roman is, as far as I am aware of, a very reputable fellow.
Sorry I thought I sent a private message and not a public broadcast lol this is a discussion forum not a BST and I would sell them at 96% of Canadian spot in CAD or 96% of US spot in US dollars but I don't ship to Canada
@Ajaan
Don, those are pretty tough to price without seeing in-person. Do you happen to remember the dealer?
@YQQ
Thanks!
8 Reales Madness Collection
No, I don't. He was at the Buffalo coin show yesterday.
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don