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Cash on the barrelhead ...

291fifth291fifth Posts: 24,431 ✭✭✭✭✭
... is the way to do business in today's coin market.

Now if I can only find a barrel!image
All glory is fleeting.

Comments

  • BillJonesBillJones Posts: 34,239 ✭✭✭✭✭
    There can be a lot of cash floating around at the shows. Some guys think it's the best way to do business because a few dealers don't like checks. It's also part of the underground economy. The trouble is for the good stuff, you have to carry way too much cash around these days. Back in the '70s, a thousand bucks meant something. Today not so much.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • JJMJJM Posts: 8,040 ✭✭✭✭✭
    image
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  • MrEurekaMrEureka Posts: 24,309 ✭✭✭✭✭
    There can be a lot of cash floating around at the shows.

    I'd bet that more than 98% of the business done at big shows is done by check or trade. Cash is very scarce these days.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • adamlaneusadamlaneus Posts: 6,969 ✭✭✭
    At the Fremont show, it was nice to see someone doing the little thing with the hundred dollar bills...

    ...sort of fun to watch...

    Counting them out into a small set of piles. A few thousand in that deal, I believe.
  • telephoto1telephoto1 Posts: 4,931 ✭✭✭✭✭
    I remember how guys quite often would put a wad of 100s in their case at a show, along with a sign that said "buying coins for cash" or something similar. You don't see as much of that now, but frankly you'd be surprised how much cash still changes hands even today.

    RIP Mom- 1932-2012

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