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The top 10 things you will never hear a coin dealer say.

10. Your coin is in excellent condition and very rare, I will give you top dollar.
9. I do not treat all my customers fairly.
8. I don't know how to grade properly.
7. I really love to bargain when I am selling.
6. I really hate to bargain when I am buying.
5. I put my best material on Teletrade.
4. PCGS and NGC are accurate graders that's why I am selling ACG slabs at 80% off.
3. I really don't like my fellow collectors and dealers in the numistmatic community.
2. Nah, I don't have to hold your coins while I wait for your check to clear, you look honest!


Last but not least you will never hear a dealer say:

1. I have lied periodically to customers.

Comments

  • Bad experience?
  • You have the very coolest coinz and I want them ALL.image
  • CoulportCoulport Posts: 1,087 ✭✭✭
    DL
    Could it be that you are banned from the local shop and the last show you attended security escorted you out?
    The most money I made are on coins I haven't sold.

    Got quoins?
  • DMWJRDMWJR Posts: 6,006 ✭✭✭✭✭
    This PCGS MS66 Saint is actually overgraded, so I'm going to charge you AU greysheet bid for it, and HEY . . . NO sales tax!!!
    Doug
  • TrimeTrime Posts: 1,863 ✭✭✭
    DL,
    I have a few of these on your list from more than one dealer.
    On a more positive note:
    Find people to deal with that are worthy of your trust; treasure the relation and monitor it's fidelity.
    Trime
  • A clarification.....the "list" of top 10 is a take off on David Letterman's top 10.

    I had 2 emails from people who took offense to it !! imageimage

    All I can say is it is meant to be humorous. I am always amazed when general statements are made and a few take it personally. Either they feel the world revolves around them OR they see truth in what is said as it applies personally.

    Remember, guys, this is coins, a hobby. What is written here is for entertainment.
  • itsnotjustmeitsnotjustme Posts: 8,777 ✭✭✭
    The market for the coin you are selling is hot.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • nwcsnwcs Posts: 13,386 ✭✭✭
    Here, let me loan you a few books so you can learn more about the coins you've got.
  • DMWJRDMWJR Posts: 6,006 ✭✭✭✭✭
    So, you want to sell me a coin? Let's look up the value in Trends so I make sure I pay you fair retail for the coin! After I buy it from you, I will just keep it until it appreciates in value. I wouldn't try to buy it from you cheap and turn it over for a quick profit.
    Doug

  • "there's not much demand for this coin of mine right now, and i'm having trouble moving them, so here's an equitable price."

    or

    "there's been a lot of demand lately for that coin you want to sell me, and i'll be able to move that right away, so here's an equitable price."

    1 Tassa-slap
    2 Cam-Slams!
    1 Russ POTD!
  • Desert Lizard - I am sure the reaction that you received on this post is similar to humorous jokes that are directed at certain professions such as the lawyer occupation. The Tonight show has said lots of jokes about lawyers. I am sure that some lawyer somewhere doesn't like the jokes.
    Recommended reading - The PCGS Guide to Coin Grading and Counterfeit Detection and The Coin Collector's Survival Manual and NCI Grading Guide
    For the Morgan collectors - The Morgan and Peace encyclopedia by Van Allen and Mallis

    What would your slabbed coins be worth if the grading services went out of business? What would your coins be worth if the Internet was taken offline for good?
  • wingedlibertywingedliberty Posts: 4,805 ✭✭✭
    Here is my top ten:

    1."What you have here is a rare die variety, worth 10x the common coin. "
    2."This is a nice proof Barber Quarter, similar to the one the little old lady brought to my shop when
    her husband died. I paid her 10% of blue sheet, but you seem to be a more sophisticated collector,
    so I'll pay you 25%"
    3."Sure ACG is a reputable grading company, I send 50% of my coins in to them to have graded"
    4."I can't sell you that one, I am sorry, its corroded!!"
    5."They struck millions of these, why would you want to buy one!!!"
    6."I baked it in the oven, thats why it has those nice orange and black hues"
    7."I am sorry, I forgot to take the one labeled a 65 out of my case, Rick at PCGS told me its a 63 tops"
    8."Meet my wife, I just bring her to the show because she's blond and has big breasts, it brings more
    people to my table"
    9."Don't bother coming back tommorrow, most of the dealers wont be here"
    10."By the way, all of the PQ coins are in my personal collection"

    image
  • PushkinPushkin Posts: 2,029 ✭✭✭
    "Hi, I'm really glad to see (meet) you and I appreciate your business (or I'm looking forward to establishing a long term business relationship with you based on mutual respect)".

    In reality, I'd settle for total silence rather than "give me your money and get out of my sight your scum sucking, pesky, not-swimming-in-money, buyer - and don't even look at any merchandise you don't plan to buy!"image

    But then, I'm easy. image
  • DMWJRDMWJR Posts: 6,006 ✭✭✭✭✭


    10."By the way, all of the PQ coins are in my personal collection"

    Sometimes you will actually hear this one, but it when the dealer is working you up to the deal that will blow your socks off. My local ex-dealer used to say "strap your helmet on before I pull this one out . . . " And then he would say, you need to come over to the bank with me and let me show the set you really need to buy!

    My advice upon hearing this . . . keep the headgear on and you checkbook overdrawn!!!!!!!!
    Doug
  • "Yep, she's a beauty allright. You should have seen her before I soaked her in jewelry cleaner overnight!"
  • Desertlizard

    I've had your number 2 said to me on many occasions.

    WingedLiberty

    When I worked as a dealer my partner and I often said your #1 and #4 to our customers.
  • How about,"I set up at this show just to sell to collectors, thank you, but no wholesale."

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