Coin buying road shows

messydesk

In the junk mail today, there was one of those full-page ads for the clowns that set up at airport Ramadas on weekends and give people 20 cents on the dollar for what their coins are worth. This time, however, instead of setting up at hotels, they were clearly targeting senior citizens, because all of their stops were senior centers.

OffMetal

Take a couple of key dates there and pretend that you have no clue what's it worth

See how badly they want to rip the elderly off


I've done it before, except the dealer wanted to rip off a YN

KISHU1

Can you scan the ad & post it? It should be interesting reading

Coinosaurus

Yeah, there was a full page ad in the Chicago Tribune today for the same thing. Someday if I get real bored I'll take some real coins in there just to play with their heads.....

Makes you wonder how lucrative it really is though. Even though they probably get a few rips, I wonder if they come out that far ahead after all the advertising expense. In essence the public is just subsidizing the newspapers. Is that such a bad thing??

ChangeInHistory

<< <i>Yeah, there was a full page ad in the Chicago Tribune today for the same thing. Someday if I get real bored I'll take some real coins in there just to play with their heads.....

Makes you wonder how lucrative it really is though. Even though they probably get a few rips, I wonder if they come out that far ahead after all the advertising expense. In essence the public is just subsidizing the newspapers. Is that such a bad thing?? >>



I was thinking the same thing. They'll be in Oak Lawn and I'm thinking of doing that and then telling everyone in the waiting room what they're up to.

Coxe

<< <i>...they were clearly targeting senior citizens, because all of their stops were senior centers. >>



Wonder how much nice and carefully collected material they get away from widows of serious collectors for pennies on the dollar.

CaptHenway

<< <i>

<< <i>...they were clearly targeting senior citizens, because all of their stops were senior centers. >>



Wonder how much nice and carefully collected material they get away from widows of serious collectors for pennies on the dollar. >>



Well, they keep doing it, don't they?
TD

Coinosaurus

They do keep doing it. And class operations like Cap'n Henway's have to deal with the fallout on a daily basis.

But, if it were really that lucrative, would EVERY PAGE of the newspaper be filled with like adverts?

messydesk

<< <i>I was thinking the same thing. They'll be in Oak Lawn and I'm thinking of doing that and then telling everyone in the waiting room what they're up to. >>


Make up some brochures with big bullion value table and have them handed out at senior center in quantity in advance of the circus coming to town.

JSsson

I agree that to test them you should bring your better coins and have them make an offer on the coin. If the offer is way too low then tell them what Greysheet Bid is and ask them why you can't pay bid on that coin.