Seeking some advice for live bidding and selling coins at Major coin show's

jabba

Im going to my first big show (Phoenix ANA) and Im seeing some advice.
Im going to Bid on a coin at the Heritage Auction and would like some do's and dont's, I have done there live bidding on line from home but never in person.
I have a couple of coins I was going to take to sell on the floor and would like some do's and don't. Is it better to tell them what you are looking for price wise or is it better to let them make an offer?
Any advice from the veterans would be greatly appreciated!
Thanks,
David

DaveG

Generally speaking, I've found that, when offering a coin to a dealer, the first words out of his or her mouth are "How much do you want for it?" So I'd suggest you have a price firmly in mind.

Some dealers will be open to dickering over your price and some won't.

Also, you'll get a better reception if you offer a coin to a dealer who has a ready market for it. For example, you may not want to offer junk silver to a guy who specializes in large cents (and vice versa).

Cratylus

In addition to Dave's comments, also remember to keep your cool. You are bound to run into a few dealers who come off as slightly less than respectful in their tone, demeanor, counteroffer, etc. It pays in the long run to just politely end the conversation and move on to the next dealer.

I would also highly recommend picking up a copy of the bourse dealer guide listing and carry it with you. Then you can make notes about how specific dealers treated you next to their name in the listing. You will interact with many dealers, I'm sure, and this is the easiest way to remember who treated you well and who didn't... and who to give repeat business to and who to avoid next time.

GoldenEyeNumismatics

Give them the price you want---"make me an offer" type things can be awkward.

claychaser

Rule #1 about bidding coins in auction: Examine the piece in hand.
Rule #2: see rule #1

jabba

Thanks guy's

OffMetal

If you want to win the lot you're after, hold up your bidder card and scream "I BID ONE MILLION DOLLARS!"

jabba

<< <i>If you want to win the lot you're after, hold up your bidder card and scream "I BID ONE MILLION DOLLARS!" >>