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QUESTION: Where do you get your best deals?

MrEurekaMrEureka Posts: 24,301 ✭✭✭✭✭
in U.S. Coin Forum
Where do you get your best deals? Auctions or coin dealers?

Those are your only choices for this thread. I don't want to hear about how you take advantage of collectors' widows.
Andy Lustig

Doggedly collecting coins of the Central American Republic.

Visit the Society of US Pattern Collectors at USPatterns.com.

Comments

  • NumismaticsNumismatics Posts: 1,092
    Coin dealers and ebay.
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    Tough question. I generally trust the dealer that i work with to get me coins that match my collection. I may pay more, but that's a good deal.

    Auctions can be a good deal, but the quality you get may not be as high. If you have someone to look at the coin for you, you may get a nice deal.
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    Andy, if I told you I would have to kill you!!image
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • CoxeCoxe Posts: 11,139 ✭
    Public auctions of course. That's not to say I haven't gotten terrific deals from dealers and other collectors over the years. Wouldn't buy/trade coins in any venue if I didn't believe the deal was too far from favorable. Who would?
    Select Rarities -- DMPLs and VAMs
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  • WTCGWTCG Posts: 8,940 ✭✭✭
    Deals can be had at auctions, but the chances are that you aren't the only one who likes the coin you have your eyes on. It depends on many factors whether you can get a good deal with a dealer.
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
  • BochimanBochiman Posts: 25,439 ✭✭✭✭✭
    Well, dealers with store fronts get the best deals from the uninformed, the little old ladies, the widows, etc......

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • CoinosaurusCoinosaurus Posts: 9,631 ✭✭✭✭✭
    Dealers. There is nothing quite like getting first shot at a fresh deal.
    Newman Numismatic Portal, www.NewmanPortal.org
  • RonyahskiRonyahski Posts: 3,117 ✭✭✭✭✭


    << <i>Dealers. There is nothing quite like getting first shot at a fresh deal. >>



    Auctions. There is nothing quite like getting first shot at a fresh deal.
    Some refer to overgraded slabs as Coffins. I like to think of them as Happy Coins.
  • gamr0ngamr0n Posts: 608
    Best deals or best rips? I get the best price for a correctly identified coin at auction.
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  • RegulatedRegulated Posts: 2,992 ✭✭✭✭✭
    I get a lot of my best deals from Mr. Eureka.

    image

    What is now proved was once only imagined. - William Blake
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    I never seem to get a great deal, but I do not necessarily try to do so.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • Freak1cFreak1c Posts: 714
    For the options givin', EBay is the best for me.

    Freak
  • busco69busco69 Posts: 815 ✭✭
    Auctions government public and otherwise.
    ''Coin collecting is the only hobby where you can spend all your money and still have some left''
  • ElcontadorElcontador Posts: 7,554 ✭✭✭✭✭
    I very rarely get a great deal on a coin. If a coin is nice, I must pay strong money for it, regardless of its source.
    The best deals I've gotten were at a Heritage Signature Auction in 2002 and at a Kingswood Coin sale in 2001. In both instances, I was able to get an attractive for the grade type coin without having to pay over greysheet ask.
    "Vou invadir o Nordeste,
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  • TorinoCobra71TorinoCobra71 Posts: 8,054 ✭✭✭
    EBAY!

    TC71

    image
  • coinkatcoinkat Posts: 23,357 ✭✭✭✭✭
    Dealers... but I guess Auctions includes Ebay

    Experience the World through Numismatics...it's more than you can imagine.

  • northcoinnorthcoin Posts: 4,987 ✭✭✭✭✭
    Well as the seller of coins at catalog auctions I'd say the buyers who got my coins did pretty good. I would not have sold the same coins to them for what they got at auction even paying buyers add ons. I try to keep the reserves low which seems to be where the coins end up selling at regardless. For example I sold a MS 65 High Relief Saint (PCGS) at auction for ten thousand less than Coin World "trends" last fall. I know if I wanted to buy that coin from a dealer the best I could hope for would be a few thousand off Coin World "trends." Now a dealer would probably be offered the same coin for a lot less from another dealer. Even if you are not a dealer you have at least an equal chance at an auction. Not so in most retail customer - dealer transactions.
  • LincolnCentManLincolnCentMan Posts: 5,347 ✭✭✭✭
    Ebay.... no where else is even close.

    David
    Lincolncentman Toned Lincolns
  • RussRuss Posts: 48,514 ✭✭✭
    Coin dealers frequently sell in auctions, so maybe I get my best deals from dealers or maybe I get my best deals in auctions. It's all just too complicated.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • CameonutCameonut Posts: 7,308 ✭✭✭✭✭
    Cherrypicking dealers - followed closely by Ebay.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Heritage and Smythe get their best deals from me.

    I get my best deals from local wholesalers who have at times given me first shots on their type coins and gold.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • jdimmickjdimmick Posts: 9,708 ✭✭✭✭✭
    Local dealers and on raw coins mostly. I do much better profit % wise by buying raw from local dealers, submitting them, then selling them Via e-bay, or back to local dealers, etc. Believe it or not on rare occasions, I have bought raw coins from dealer A, submitted them, then sold it back to dealer A for a substantial profit.

    Jim
  • IrishMikeIrishMike Posts: 7,737 ✭✭✭
    Have known 4 dealers for a very long time and they give me the best deals by far. Two of them wouldn't know a messed with coin so I just have to be careful with them.
  • BarryBarry Posts: 10,100 ✭✭✭
    Auctions moreso than dealers. Here's why:
    The coins I buy are usually not common coins (I refuse to use that W word). If I buy from a dealer, where did he get the coin? He often buys the coin at auction, adds 25% and then offers it for sale.

    For common coins, the dealer can get them from collections and can offer a better price than if bought at auction.
  • techefftecheff Posts: 2,285
    www.qvc.com
    image
  • larrynjlarrynj Posts: 535 ✭
    taking advantage of coin dealers' widows can be lucrative.

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