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How much do coins have to be worth before BIG dealers handle them?

sinin1sinin1 Posts: 7,500 ✭
in U.S. Coin Forum
I realize they need margin and have large costs associated with doing business - so what value is needed?


I am beginning to realize Jefferson nickels will not be handled for many yearsimage

Comments

  • saintgurusaintguru Posts: 7,727 ✭✭✭
    Big as in fat or big as in lots of money? image
    image
  • BochimanBochiman Posts: 25,549 ✭✭✭✭✭


    << <i>Big as in fat or big as in lots of money? image >>




    Why? Been putting on a lot of holiday weight have you?

    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

  • DoogyDoogy Posts: 4,508 ✭
    $ 86,432.00 but that number is not adjusted for current inflation.

  • PlacidPlacid Posts: 11,299 ✭✭✭
    Maybe look at a "Big Dealers" web site and see what the cheapest coin for sale is image
  • MidLifeCrisisMidLifeCrisis Posts: 10,550 ✭✭✭✭✭
    How do you define a BIG dealer?
  • UnknownUnknown
    This content has been removed.
  • cladkingcladking Posts: 28,702 ✭✭✭✭✭
    There are some very big dealers who handle lower value coins.

    They tend to handle them in large quantities though.
    Tempus fugit.
  • SandhawkSandhawk Posts: 1,154 ✭✭✭



    << <i>How do you define a BIG dealer? >>



    250-275 lbs & up




    imageimage

  • COINB0YCOINB0Y Posts: 4,505
    Ask Mitch or John
  • nicetoning42107nicetoning42107 Posts: 1,162
    I know what you're saying. Some big dealers gloss right over my coins when I offer them because they aren't at least 4 figures. But some dealers that deal in 6 figure rarities will also deal in 3 figure widgets. All depends on the dealer and where their low cutoff line is. Mine is around $50 in most cases.
    A lie told often enough becomes the truth. ~Vladimir Lenin
  • dbldie55dbldie55 Posts: 7,739 ✭✭✭✭✭
    I have bought Jefferson nickels from the "Biggest" coin dealer there is (and I do not mean the US Mint). So I have no idea what the OP is even talking about.
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • MORGANHUNTER2MORGANHUNTER2 Posts: 4,473 ✭
    Is it not hilarious that those who post here (this thread) act as if any of the BIG dealers will only buy 4 figure + coins. They don't- they will buy anything that they can make a few bucks as well- when they hype the crap out of it.

    I understand what the OP is saying- what constitutes a big coin to the BIG dealer.

    Odds are the common stuff not in plastic labeled ms66 or better, or PR 69dcam or better will barely look at you.

    Hell even the SMALL dealers won't look at small stuff- they want the cherry on top of the pie coins, thinking I can score here with a moderate offer- not the high end. That is one reason that I hate walking into a shop - see a item I like and know the price, but yet the fool comes out with grey sheet and starts to bla blah it is worth such n such. Now sell him the same coin- and you get him pulling BLUE sheet and telling you that the item is overgraded blah blah and is only worth such n such.

    I don't care what 'overhead' a dealer has- that is why he is in business to sell or even buy items- but be fair and be reasonable- not every collector has a grey/blue sheet to look at.


    Maybe the community would be better off if there was a set standard for buying and selling.

  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>

    << <i>How do you define a BIG dealer? >>



    250-275 lbs & up >>



    image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • WalmannWalmann Posts: 2,806 ✭
    I did a search using the term "big coin dealers", the most relevant hits, looks like contacting someone in Big Sky Montana, I wouldn't want to contact the Green Beret guy, unless you're worried about theft:

    Coin Dealers, Supplies - Bozeman, Livingston, Big Sky - Williams ...
    is a coin dealer located in Bozeman, Montana. Coin Dealers, Supplies - Bozeman, Livingston, Big Sky, Belgrade, Missoula, Butte, Helena, Great Falls, Billings, MT, Lewiston, Coeur d'Alene, Rexburg, ID...
    storefront.dexonline.com/Williams-Gallery-Inc

    128k - 18 sec @ 56k Coin Dealer Ethics - Out-Of-Date Prices
    This week's Coin Dealer Ethics column focuses on the buyer's ethics rather ... big example of this kind of thing was at the Chicago International Coin Fair ...
    coins.about.com/b/2008/05/28/coin-dealer-ethics-out-of-... coins.about.com/b/2008/05/28/coin-dealer-ethics-out-of-date-prices.htm

    15k - 2 sec @ 56k News for Dallas, Texas | Dallas Morning News | Breaking News for ...
    Steven K. Ellsworth, a former Green Beret-turned-Virginia coin dealer, said smart thieves know that coin dealers are better marks than even banks, where security cameras, marked bills, dye packs and
    www.dallasnews.com/sharedcontent/dws/news/localnews/sto... www.dallasnews.com/sharedcontent/dws/news/localnews/stories/DN-coinsecurity_12met.ART0.North.Edition1.3d84f87.html
  • sinin1sinin1 Posts: 7,500 ✭
    maybe what I am interested in is modern crap


    but not very many handle Jeffersons, Roosevelts, Washingtons, Kennedys, .....



    in top or near top grades

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