A customer wants a coin he/she can get cheaper from the Mint than you. Do you suggest he/she buy fr

RichieURich

OK, this is not a hypothetical. I had some people asking for Proof Gold Buffaloes at a local show this past weekend. Obviously, I can buy these from the Mint at $800. So can they. In this situation, do you suggest to the person that he/she buy them from the Mint, and if not, what do you do?

Barndog

some people like to see what they are buying before committing $800 to it...so you are offering a service for which they likely expect to pay a bit more to receive. If they want the gold buffalo, chances are they know the Mint sells them.

coinguy1

At $800 each and gold at $582 and change as I write this, I'd suggest that they or you buy them for less, elsewhere!

RichieURich

Mark, where do you get the Proof Gold Buffaloes under $800? And I know, not another Gold Buffalo thread! (NAGBT)

coinguy1

Here is a link to an expired Ebay listing (Sept. 13) where a few were available via BIN from a trustworthy forum member at $775. link

My guess is that with a bit of patience, you will find others available at that price or less.

TheNumish

The coins at $775 were probably already looked at for 70's. Better to pay the extra $25 and get mint fresh coins.

I tell my customers all of the time to order from the mint. Just told a guy to order the three coin silver sets from the mint. Wanted to know what I'd pre-sell him some for.

CaptHenway

Just tell them that they can buy it from the Mint for $800 + $4.95 shipping, or if you want it now you can buy it from me for $825 cash or check. Give them the facts, and let them make the choice. We have been selling one a week at $825, becvause most people want instant gratification.
TD

RichieURich

Thanks, Tom. I was wondering what to do on this. I was figuring that after the eventual sellout that I can get a bit more than $825, so I didn't take any to the show. But this is a good idea!

P.S. Thanks for buying the coins you bought from me at ANA!

ziggy29

They have a choice: Pay a modest premium for a sight-seen example they can specifically choose, or pay the $800 and play the Mint lottery and hope for an acceptable one.

michael

At $800 each and gold at $582 and change as I write this, I'd suggest that they or you buy them for less, elsewhere!

also they aint coins just NCLT

RKKay

I'd let them know their options and offer to help, should they prefer the easier route.