What is the dumbest thing you have ever heard a collector say?
Boosibri
Posts: 12,111 ✭✭✭✭✭
Seems only fitting to add this thread to match the post regarding dealers.
I’d start with “I can’t afford X coin because of the buyers premium”
5
Comments
At my local coin shop.
Guy is buying a proof bison nickel. Dealer has 3 , 1 has a gold bean and the dealer is selling for mucho bucks.
Collector goes “I’ll take the non stickered one, as its much cheaper and I don’t collect stickers”
Dealer goes “gold bean means that the coin is undergraded”
Collector goes “If I want stickers I’ll go buy some bananas”
🍌
My current registry sets:
20th Century Type Set
Virtual DANSCO 7070
Slabbed IHC set - Missing the Anacs Slabbed coins
Another time, a couple come in with a few modern coin mostly SBA in Littleton bags.
Dealer looked at the coins and says “ These are only worth face value, you can just deposit them, they were badly stored and are covered in scratches”
Couple goes “ you are trying to rip us off I saw on eBay/instagram/facebook that peope were selling the Susan B Anthony dollar for $100’s of dollar”
Dealer goes “I recommend you try to sell them on those website”
At this point they see me pulling out a few hundred dollar bills for a proof V Nickel. The wife asks me what I’m buying “I’m picking up a 1905 liberty V Nickel”
Wife goes “ WTF!! See he is buying a nickel for $100’s my SBA are $1, they should be worth 20 times what the nickel costs”
My current registry sets:
20th Century Type Set
Virtual DANSCO 7070
Slabbed IHC set - Missing the Anacs Slabbed coins
I am going to collect hockey cards instead of coins hahaha!!! At least one of the stupidest things I said and later realized I am a coin guy and that is that.
I can stop buying coins any time I want.
Tonedeaf is a nickname given to me in reference to my guitar playing ability.
I'm gonna apply for a HELOC, tomorrow at the bank, so I can afford this coin for my set.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
What’s wrong with that?
Latin American Collection
Umm, not a good idea, as far as I'm concerned.
If you want to do it; be my guest.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Joke
Latin American Collection
Oh man, you really got me!!
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
This is true, I've stopped dozens of times.
After showing me a Walmart parking lot find and my telling them it is not a rare error.
“But I looked it up on the internet and it is worth (insert stupid amount here). You don’t know what you are talking about.”
A: The year they spend more on their library than their coin collection.
A numismatist is judged more on the content of their library than the content of their cabinet.
Can I just tag the person?
If that's allowed I can just tag myself and save some time narrowing down the list of stupid things I've said.
Chopmarked Trade Dollar Registry Set --- US & World Gold Showcase --- World Chopmark Showcase
I was helping a dealer friend behind his table some years ago, when a brash older lady comes up, loudly announces that she’s looking for 31S Lincoln, and that she’s a capitalist, so the price needs to be good.
I pulled out a nice XF 45/AU, consult the dealer, and he prices it a little under XF Bid. I show her the coin and quote the price, and point out that it’s a good price. She says ok….ok, so you’ll take it? No, ok I have your price. I told you before I’m a capitalist, I want the best price, so I’m going to keep shopping. Ok, I said, but I don’t think you’ll find a better deal.
An hour or so later she comes back, loudly announcing she found a better deal….ok let’s see. She hands us the coin, which is like a VF, with some prominent initials scratched into the obverse….and it was $30 LESS than the coin we offered, she pointed out. Well yes but it has a major problem, I said. That doesn’t matter, she replied, I found a better price, because I’m a capitalist!
RGDS!
What I really need to enjoy this hobby is an electron microscope.
“I can grade a coin on a 70-point scale by seeing two pixelated photos”
30+ years coin shop experience (ret.) Coins, bullion, currency, scrap & interesting folks. Loved every minute!
Deleted
Empty Nest Collection
Matt’s Mattes
How much gold is in these gold dollars? (Sac/Pres)
I have done it about 5 times, I lost track, no joke
What ?
I had a person on this board buy a coin from me (charming all original early gold type) that was in an NGC xf45 holder. I sold it to him for for xf40 price because it wasn’t a strong pcgs 45 and we discussed this attribute over PMs before the sale. About a year later he came back demanding I buy it back because it didn’t cac (John even told him it was a stickerable 40). To cap it off he wanted a profit (400$) because the date had had a couple of strong auction results in the previous year and he wanted to recoup some of his fees. I told him I wasn’t a dealer (which he already knew) and he might fair better from somebody who resold coins. He said I was bound by board honor to buy it back at current value because it didn’t cac and he would start a thread calling me out if I didn’t. I told him to go make relations with his pet dog.
He did start a thread although he didn’t name me but it didn’t have much support and called out his misinterpretations of board etiquette. Thing was he was a fairly prolific poster and passionate collector with some nice coins, he did sort of apologize a few years later when he wanted to make an offer on something else. I accept the apology but passed on future business. Funny part is I might have bought it back if he just wanted a refund and was a simply a noob. But demanding a 50% profit a year later “or else” as a well mentored collector was perplexing. I haven’t sold much on the board since as I do established connections or just put them in auction and let poor Ian deal with the collectors.
I am not sure if it was the stupidest thing I’ve heard (shout out to sellers demanding more money for their silver culls than the dealer has them for sale in front of them) but I will never know how that logic worked in his head.
11.5$ Southern Dollars, The little “Big Easy” set
I had a guy come to my table at a show talking about gold. He said all paper is worthless and therefore he was invested solely in gold. Then he said, "and I've got the certificates to prove it!" I asked him what the certificates were made of. He didn't get it.
An authorized PCGS dealer, and a contributor to the Red Book.
I was at a coin show in NYC several years ago. A collector purchased an expensive coin, I think it was a world coin. When he asked the dealer how much it would cost to ship it to him he was making a fuss. The shipping price sounded reasonable to me.
I enjoy and appreciate your comments @emeraldATV . Please carry on!
I have been in online coin sites since about 2017. I always wonder what people think coin collecting is when they ask some version of this: "I have about a thousand/10thousand/etc. to spend. which coins are going to double in value or more in the next year?" just happened on a different coin site last week. Again. James
This!
this gem of a response says it all, period end of story.
WHAT!? WHAT!? WHAT MCHALE!?
Couldn't resist...
Experience the World through Numismatics...it's more than you can imagine.
I bet that little spot will come right off.......
A guy came into a coin shop while I was browsing. He sounded manic and was constantly looking to the coin dealer for approval of his conspiracies. Started out nuts and went waaay beyond. Silver prices are going to be higher than gold price. Some conspiritorial governement agency was going to remove the greenbacks and introduce a federal universal currency. Rothschild and antisemitism. The coin dealer was just "Yup, sure, thats right" to all of it.
The dude didn't stay in the shop long, but it was memorable.
The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.
Me-I can’t pay anywhere near the MS-66 price on this coin as there a 1/2 inch scratch on the eagle.
Him-Yes, but it is MS-66 because the label says MS-66.
Definitely either a new collector or someone with an inheritance.
Hearing how one grades his or her own coins.................sometimes extremely laughable.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
"Hey, you got any samples?"
Buy the cacs and the rare old plastic, you need not care about the actual coin encased inside. RGDS!
The whole worlds off its rocker, buy Gold™.
Is it too soon to add “I won the internet auction but lost the live auction”?
Latin American Collection
Spend every moment on a board criticizing how other people collect. THNKS!
Chopmarked Trade Dollar Registry Set --- US & World Gold Showcase --- World Chopmark Showcase
“These classic commemoratives can’t lose”
If I wash the coin with soap & water, will it be shiny again?
.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
What is the best way to clean a coin.
Do you sell coins here
USN & USAF retired 1971-1993
Successful Transactions with more than 100 Members
I bought this set of Ike dollars a week ago but now I don't like them and I want my money back.
New collectors are used to buying from Walmart, Amazon, Target, etc who all accept returns. It's important for the coin dealer to tell new customers his return policy upfront at the time of sale. "All sales are final!!!"
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Ive said that, even as I was bidding on it
Most mail order dealers have a return policy.
.
I think everyone here already knows this. The one exception is bullion related coins.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I LOL'd your post too, but I think the post was due to ignorance and not stupidity (dumb). I think the pile on was brutal for a respected forum member.
"Got a flaming heart, can't get my fill"
"I'll take it!"