I met a collector today at a B&M who told me a good story about a cherry he picked.
SanctionII
Posts: 12,202 ✭✭✭✭✭
And I am jealous.
He is probably in his 60s and is retired and single. He said he started collecting about five years ago to keep busy and to spend some of his retirement income.
He said he goes to local coin shops, pawn shops, flea markets, antique shops and property auctions looking for coins.
He said he stopped by a pawn shop one day and discovered that the shop had earlier that day purchased some buffalo nickels from a walk in customer. The pawn shop had placed the nickels in a display case. The guy said he looked at the nickels and bought one for $4.00. He took the coin and left the store. He ended up flipping the nickel to a dealer for $3,000.00 because it was a 1918/7 overdate.
Good story, wot
I was going to ask him if after flipping it for $3,000.00 he went back to the pawn shop to give them part of the $3,000.00 and if he asked the pawn shop for the name and phone number of the person who sold the bulk lot of nickels to the pawn shop so that he could give that person some of the $3,000.00. Then I thought................................., NAW and congratulated him on the combination of his self education, his willingness to go out and look at pawn shops and his lucky timing.
He is probably in his 60s and is retired and single. He said he started collecting about five years ago to keep busy and to spend some of his retirement income.
He said he goes to local coin shops, pawn shops, flea markets, antique shops and property auctions looking for coins.
He said he stopped by a pawn shop one day and discovered that the shop had earlier that day purchased some buffalo nickels from a walk in customer. The pawn shop had placed the nickels in a display case. The guy said he looked at the nickels and bought one for $4.00. He took the coin and left the store. He ended up flipping the nickel to a dealer for $3,000.00 because it was a 1918/7 overdate.
Good story, wot
I was going to ask him if after flipping it for $3,000.00 he went back to the pawn shop to give them part of the $3,000.00 and if he asked the pawn shop for the name and phone number of the person who sold the bulk lot of nickels to the pawn shop so that he could give that person some of the $3,000.00. Then I thought................................., NAW and congratulated him on the combination of his self education, his willingness to go out and look at pawn shops and his lucky timing.
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Comments
The name is LEE!
great pick. He deserves it.
I recently picked an 1897 "1 in neck" Indian Cent from a flea marker dealer for $1. My best pick this year.
Too many positive BST transactions with too many members to list.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I know
Ray
You should me that once before and I was jealous.
Now, I just want to cherry pick something cooler!
<< <i>Here's a good cherrypick.
Ray >>
OK Ray, Enlighten the Shag on what makes this a good cherry pick. I see the O on the reverse. Nothing in the C/P guide.
Help me out.
<< <i>That was the plot for David Mamet's "American Buffalo"! >>
#1 in my queue.
Have you seen it Edwin?
BTW, got a good chuckle out of the OP.
"Inspiration exists, but it has to find you working" Pablo Picasso
Most recent on my queue was "Watermelon Man" from 1970 with the late Godfrey Cambridge.
that's refreshing as a pitcher of kool-aid.
<< <i>AH...
that's refreshing as a pitcher of kool-aid. >>
Kool-aid? What do you take us for? It's friday night.
"Inspiration exists, but it has to find you working" Pablo Picasso
I've also cherrypicked 4-1935 double die reverse Buffalo nickels but the highest grade was only a VF-25.
In gold coins I've cherrypicked an 1853/2 double eagle and an 1849/8 eagle.
Cherrypicking's fun.