An honest dealer.
Libertad
Posts: 188 ✭
I was in Louisville KY last week, and stopped downtown to check a couple of coin shops with another collector and two non-coin collecting guys.
The two others got bored, and headed two doors down to a bar to wait it out while we looked through his stock.
I bought 5 coins, three mid-grade and two cheapie buffalo's, about $50, and a Dansco album.
We left, checked the other shop a block away, and came back by the first place towards the bar to scoop up the other guys. As we passed the first shop, the owner came out and yelled "HEY".
I turned around, and he asked me if I had the coins he just sold me? I said no, put them in the car, but I had the receipt in my pocket. He said he thought he might have overcharged me.
Sure enough, he entered a coin twice. I brought the coins back in, and he refunded about $12.50
When we got to the bar, the guys said he had been in twice to see if we were back yet, mentioned that he overcharged me to them.
He knew we were to meet at the bar, and he also knew we were from out of town, unlikely to return anytime soon. We had paid cash.
I asked him if he was in business to make money, and he replied
"Not that way!".
His wife had caught the double entry, I sure hadn't.
Sort of a refreshing day.
The two others got bored, and headed two doors down to a bar to wait it out while we looked through his stock.
I bought 5 coins, three mid-grade and two cheapie buffalo's, about $50, and a Dansco album.
We left, checked the other shop a block away, and came back by the first place towards the bar to scoop up the other guys. As we passed the first shop, the owner came out and yelled "HEY".
I turned around, and he asked me if I had the coins he just sold me? I said no, put them in the car, but I had the receipt in my pocket. He said he thought he might have overcharged me.
Sure enough, he entered a coin twice. I brought the coins back in, and he refunded about $12.50
When we got to the bar, the guys said he had been in twice to see if we were back yet, mentioned that he overcharged me to them.
He knew we were to meet at the bar, and he also knew we were from out of town, unlikely to return anytime soon. We had paid cash.
I asked him if he was in business to make money, and he replied
"Not that way!".
His wife had caught the double entry, I sure hadn't.
Sort of a refreshing day.
Every day is a gift.
0
Comments
It great when you see people are honest!
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
However, it doesn't hurt to count your change, check your receipts, etc. as even honest people can make mistakes.
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
Here's a warning parable for coin collectors...
232 W Broadway,Louisville, KY 40202.
Nice fellow, likes to chat while you look over the locked cases and asked questions about us, where were we from, what did we collect, what we were in town to do. He reached over to check out the coin guide I brought in with me (The Confident Collector/Coin World, 2nd Ed.)
Doesn't post a grade on his 2x2's, just a price. Said that it saves a lot of disagreement and he gets enough of that anyway.
The bar two doors down on Broadway is Freddie's, and the beer is cold and the barkeep friendly. A huge longhaired yellow and white cat lives in the bar, walks in front of the customers and is treated to a dish of ice chips by the barkeep, which he serves in an ashtray (clean) near the tap.
Nice story. I know there are many honest dealers around.
There are two kinds of problems re ethics in the coin business.
The first is straightforward: lies;stealing; altering;counterfitting,etc.
The second deals with a more subtle problem: taking advantage of the less informed. Here I have an equal problem with those dealers that fail to advise the uninitiated that they have something of value. Read the posts on this forum you can at time detect the glee of both collectors and dealers that could find someone buying or selling a coin for which they didn't understand its value. Human nature,huh?
I hate it when you see my post before I can edit the spelling.
Always looking for nice type coins
my local dealer
WH
I only ask because Anacanda said we shouldn't trust coin dealers thats a conflict of interest. I think there are dealers we can trust.
Sure there are dealers that deserve to be trusted.
Trust is something that is developed.
Gained with trepidation.
Once lost not retreivable.
i think what you are referring to is when snake says a coin looks better than the grade on the slab, take it with a grain of salt, as he owns the coin, bought the coin, believes he bought a better than average coin and believes he should receive a premium for having found such a nice coin for you. the conflict of interest he speaks of is one of subjectivity and opinion, not lies and cheating.
z
That kind of service may play well out in the sticks, but he'll never survive on ebay.
My posts viewed
since 8/1/6
A few weeks ago I was given a Susan B. Anthony dollar as part of my change. I gave it back to the clerk and I didn't even get a "Thank You",of course the a_ _hole had his cap on backwards,a ring thru his nose and his hair was purple so it's not likely he'd know an SBA from a bottlecap! Twowood
By all means put his name and address up.I have realatives in Loiuisville.They need to know an honest dealer for my next Xmas present.
Registry 1909-1958 Proof Lincolns