Any one know of Paul Sims Inc.

atarian · October 27, 2005 10:19AM

i heard about it from a guy on aol that i chat about coins with and he told me i should contact them about a few things. the guy gave me 800 number but i needed to ask around to find his site adress. anyone deal with them before?

Russ · October 27, 2005 10:21AM

There have been somewhat less than complimentary comments here at the forum.

Russ, NCNE

GAT · October 27, 2005 10:21AM

This gentleman is not held in high esteem around here.

lordmarcovan · October 27, 2005 10:22AM

A great place to buy overgraded coins.

Aethelred · October 27, 2005 10:23AM

If you send him your money you will get coins in return, but that is all I can say about the guy.

cosmicdebris · October 27, 2005 10:27AM

?

Bustman · October 27, 2005 10:30AM

This will tell you all you need to know. LINK

Aethelred · October 27, 2005 10:31AM

<< ? >>

You will not get the coins you hoped for, they will be a grade or two lower and/or cleaned, damaged, wizzed et cetera, but you will get coins coins.

21Walker · October 27, 2005 11:07AM

Have you ever been experienced? Well I have........to quote Jimi Hendrix...............Think plague.........Rick

atarian · October 27, 2005 11:17AM

WOW that was fast and not alot good feedback, i was thinking of sending him my coins to have sent out to PCGS. but now i wont even give him a call since i question if ill ever get them back. thanks guys my hunt continues

1jester · October 27, 2005 11:20AM

What are you hunting for exactly? A place to buy good coins, good service, or a place through which you can submit your own coins? Surely the board members can recommend some people for you.

CarlWohlforth · October 27, 2005 11:25AM

To submit your own coins you can join the collectors club at PCGS.pcgs collectors club

atarian · October 27, 2005 11:25AM

Im looking still for a trust worthy dealer to send my coins in for grading, the members here have been great in recommending that i look for a local dealer in my area i can trust. and the best advice for me ( dont buy raws till i know exactly what im doing). these 2 i have to send it one was done before i did any research on gold coins and one was after and i can see there will be a difference. since local dealers arent doing much to help me ( for as me trusting them) maybe the members of here can help me find a worthy dealer i can work with to send my coins out for a fee and i can have them graded

Rhack · October 27, 2005 11:27AM

Wish I had pictures to show. His glossy sales flyers get you interested as the coins look good and the prices look good. I learned my lesson from purchasing from him. He had 3 diferent date SLQ's, could either buy individual or as a trio. They were "Premium Quality BU". I bought these the beginning of the year when I got back into collecting, so I was not too up on cleaning and dipping etc. At first I thought the coins were pretty nice, no reason to return. Now that I have learned more and have a more discerning eye I am pretty disgusted with them. Between the three of them one would probably grade a high EF and the others a low AU. They are blast white so I presume they have been dipped. They probably would have been nice coins if they were not fooled with. On two of the coins, on the left arm just above the elbow joint there is an indentation, on the reverse of the coins opposite the front indent there is a smaller indent. Both indents and postions are almost identical. My guess is something was clamped on the them there for the dipping. They probably did'nt want to put the marks on the flat surfaces or were people usually look for wear. I picture a big assembly line of coins going through the dipping process. Makes you want to bust into the joint and free all the good coins that are destined for a cleaning.

atarian · October 27, 2005 11:34AM

<< To submit your own coins you can join the collectors club at PCGS.pcgs collectors club >>

i thought about doing that and after thinking for 2 little coins spending 99$ for that and probably with me buying slabbed coins it might not be worth it since i wont have other coins to send in.

CarlWohlforth · October 27, 2005 11:57AM

You gots to pay to play.



At that level of the game you are, by far, best off, buying coins already slabbed by PCGS...

BillJones · October 27, 2005 12:01PM

Here's one little test you can use to judge a dealer's grading policies. If he has bargain prices on his better coins that HE has graded, but high prices on bulk stuff like junk silver or circulated silver dollars, the chances are VERY HIGH that he into "creative grading." "Beware, you are entering an about to be screwed zone."

clevegreg · October 27, 2005 12:03PM

Although I respect the opinions of those who have posted, there is wheat to be found among the chaff at Paul Sims.

Some years ago, I once ordered a roll of his BU Morgans, and found 2 that were later graded MS65 at PCGS. The rest of the roll was MS61-63. Luck of the draw I guess.

RegistryCoin · October 27, 2005 12:03PM

For an authorized dealer in your area, plug in your location where indicated.

BillJones · October 27, 2005 12:12PM

<< Although I respect the opinions of those who have posted, there is wheat to be found among the chaff at Paul Sims.

Some years ago, I once ordered a roll of his BU Morgans, and found 2 that were later graded MS65 at PCGS. The rest of the roll was MS61-63. Luck of the draw I guess. >>

Yea, and I've seen a couple of pieces in ACG holders that were accurately graded, but that would not induce me to go shopping for the brand. In statistical terms those two pieces could be called "out liers." Maybe he thought that he had already cleaned up the MS-65s and they slipped thought the cracks.

Boom · October 29, 2005 9:10AM

Steer clear.

Myqqy · October 29, 2005 2:04PM

If you send him your money you will get coins in return, but that is all I can say about the guy.

That's a funny way of explaining things......

dorancoins · October 29, 2005 2:15PM

<< This gentleman is not held in high esteem around here. >>

Ditto on that!

Barry · February 1, 2008 11:33PM

We shouldn't leave Sims out of the revival threads.

ozzyfan269 · February 1, 2008 11:39PM

This place is not good, but not as bad as Coast to Coast.

Casman · February 2, 2008 12:04AM

<< For an authorized dealer in your area, plug in your location where indicated. >>

In my area none of the sol called authorized dealers had any interest in helping at all, pretty much said, "Do it yourself"!!! Which got me thinking that all they wanted was the door sticker and the right to say We're an authorized Dealer....The one place was Abbots in Bloomfield MI where the one guy found I think the 55 dd wheatie...

Ya could just pony up the $49 at silver level and do it yourself....

jmski52 · February 2, 2008 12:08AM

I bought some Silver Maples from him in 1988. In 1996 or so, he wouldn't even make me an offer to buy them back. All in all, not a horrible experience, but I haven't been back and probably will not buy from him again.

pcgs69 · February 2, 2008 2:09AM

I bought a gold chain from them one time... good quality and I liked it.

rhedden · February 2, 2008 2:44AM

I don't know much about Paul Sims at all, so no comment there.

However, I did like Bill's advice a lot, as it applies to coin dealers in general:

Here's one little test you can use to judge a dealer's grading policies. If he has bargain prices on his better coins that HE has graded, but high prices on bulk stuff like junk silver or circulated silver dollars, the chances are VERY HIGH that he into "creative grading." "Beware, you are entering an about to be screwed zone."

I'd like to add to this- if a dealer's raw coins are all priced "right," but his PCGS/NGC coins are priced way too high, then you can bet that some kind of game is being played with the grades of raw coins. Chances are that they are all cleaned or damaged in some way that precludes slabbing.

WinPitcher · February 2, 2008 3:03AM

I bought some silver Roosies from them back in the early 80's. Coins he claimed were MS 65 were probably AU58 with some as high as MS63. The price was about right and I only bought them for a whitman album. They have since toned rather nicely.

Steve

DennisH · February 2, 2008 3:12AM

I ordered a couple of raw B.U. Morgans from them 13 years ago.

I received A.U. crap which I immediately returned... along with a note saying they should take me off their mailing list because there's no chance they'll ever hear from me again.

My coin collecting life has been just fine without them.

PerryHall · February 2, 2008 3:44AM

Read the threads on Coast to Coast. Sims is every bit as reputable.

percyb · February 2, 2008 3:58AM

Don't let him touch your coins....funny things might happen to them.

nutz4coinz · February 2, 2008 5:43AM

Its really, really ironic that this thread comes up today. There was a thread about Coast to Coast coins, that was started in '03......on Jan 31st, BECOKA resurrected that thread. I posted to it. In my post, I mentioned that I had purchased from them (Coast to Coast), and went the whole 9 yards with them twice. They basically bammed me from ever buying from them again. In that thread, I mentioned there was one other advertiser from CoinWorld and Numismatic News I tried....in my post, I made a referrence to one other dealer as '......'P.S., just a little south of Coast to Coast coins' (too much to copy/paste, so I am not sure if that is verbatim, but it basically is). Virginia is just a little south of Maryland. Now, lets see....Coast to Coast Coins is in Maryland, and Paul Sims is in Virginia...hmm, P.S. are the initials of Paul Sims...so if P.S. is just south of Coast to Coast Coins, I wonder if I could have been speaking of Paul Sims........

Bottom line is, for all you newbies (I am a newbie to the forums, but have loved/collected coins for a number of years), STAY AWAY from those advertisers in the publications (MOST of them, SOME are very respectable people that wouldnt even THINK of selling crap...some are members of this very forum).

To the dealers that are forum members, I would wager my last dollar that they learn at LEAST one new thing about numismatics, perhaps once a week, month, year, but they ARE learning something new...meaning they dont think they know it all about this hobby...and they quite often offer advice when someone asks a question here. Funny thing is, those particular dealers/forum members could forget more than I could ever learn about this hobby. To those dealers, that are forum members, that LISTEN to whats going on outside of their shop/office or wherever they conduct their business, THANK YOU...its people like YOU that make this hobby stronger, and the collector wiser...we are all better off with having you in this hobby!!!!

edited to add: I would even think twice about buying slabbed coins from a Coast to Coast or a Paul Sims....we all know that even the best arent 100% right 100% of the time...these guys (Coast to Coast or Paul Sims, or similar dealers) are selling the NGC/PCGS coins that are overgraded (and they HAVE to know they are overgraded). NOT putting any blame on the grading companies, but these 'dealers' know what they are doing...get the obviously overgraded coin out of their inventories at a price for the stated grade, and let the buyer deal with the problem of selling an obviously overgraded coin. Basically, they do with slabbed coins what they do with raw coins. There ARE those infinitesimal times you get what you pay for with these guys.

rah1959 · February 2, 2008 6:45AM

Hello.....I collect Classic gold as you do.

I have seen with my own eyes......while at this firms location (I live within 15 minutes from them)....the gold that was offered to me.

It is my opinion to look elsewhere for your gold. I do not want to go into any more detail concerning this firm at this time.

There are many, many good dealers who specializes in slabbed gold...ask around here and you will get some names.............several good auction houses....and to tell you the truth.....some damn good people on the BST board on this forum that could help you.

In closing, steer clear of this firm for gold.

RAH

dorancoins · February 2, 2008 6:47AM

<< i heard about it from a guy on aol that i chat about coins with and he told me i should contact them about a few things. the guy gave me 800 number but i needed to ask around to find his site adress. anyone deal with them before? >>

NOT RECOMMENDED!!!!!!!!!!

rah1959 · February 2, 2008 6:47AM

hahahahahah just realized I responded to a 3 year old thread....oh well....my opinion of the Paul Sims firm still stands....

RAH

dorancoins · February 2, 2008 6:48AM

joecopper · February 2, 2008 9:32AM

Several years ago I bought two morgan Dollars - sent both back

ahooka454 · February 2, 2008 9:58AM

we need a list of these guys for all newbis. is someone taking notes here other tahn me???

WinPitcher · February 2, 2008 10:13AM

Jack Beymer is a guy that has ads and he should not be confused with the likes of Ken Pines and Paul Sims. One way you can tell he sells decently graded material is that you are not getting things at 1/3 the price.

Steve

nutz4coinz · February 2, 2008 10:22AM

ahooka......I made that suggestion already in This link....

ziggy29 · February 2, 2008 10:26AM

<< Jack Beymer is a guy that has ads and he should not be confused with the likes of Ken Pines and Paul Sims. One way you can tell he sells decently graded material is that you are not getting things at 1/3 the price. >>

If Jack Beymer and Paul Sims aren't proof that you get what you pay for, I don't know what is.

Kozman · February 2, 2008 11:15AM

Bought some Buffs from Paul Sims and they were all cleaned junk.

ahooka454 · February 2, 2008 11:18AM

Jack Baymer, is one of the good guys in my mind. Granted you will pay abit on the high side, but he is a fair and honest guy. I wouldnt lot him in there with the others mentioned. Maybe not the best priced, but who is. Jack always has alot of cool stuff and has always gone the extra mile to tell me if a coin was nice or a dog.

BillJones · February 2, 2008 11:19AM

In this day and age most, but not all of the dealers, who never handle a PCGS or NGC graded coin are up to something. Let's face it. If a coin is NOT in a holder or if it's in a "third world grading service" holder, there is usually something wrong with it.

Dealers who sell raw coins mostly via mail order are even more suspect.

I thiink you can fill in the blanks from here.

Arizonadesertrat · February 2, 2008 12:28PM

<< Jack Baymer, is one of the good guys in my mind. Granted you will pay abit on the high side, but he is a fair and honest guy. I wouldnt lot him in there with the others mentioned. Maybe not the best priced, but who is. Jack always has alot of cool stuff and has always gone the extra mile to tell me if a coin was nice or a dog. >>

droopyd · February 2, 2008 8:23PM

<< Don't let him touch your coins....funny things might happen to them. >>

Hmmmm...... it sounds like you have something to say.....

droopyd · February 2, 2008 8:26PM

<< Jack Beymer is a guy that has ads and he should not be confused with the likes of Ken Pines and Paul Sims. One way you can tell he sells decently graded material is that you are not getting things at 1/3 the price. >>

They are definitely reputable.

One time at a show (more than a decade ago now) they had a tray of raw Lincolns set up. Nice gems, but the prices were high, too rich for my blood at the time. I wish I'd bought a bunch anyway.

droopyd · February 2, 2008 8:29PM

<< Let's face it. If a coin is NOT in a holder or if it's in a "third world grading service" holder, there is usually something wrong with it. >>

I think there are many exceptions to this rule, at least for stuff that's priced at levels that I can afford.

Any one know of Paul Sims Inc.

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