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I met a collector today at a B&M who told me a good story about a cherry he picked.

SanctionIISanctionII Posts: 11,732 ✭✭✭✭✭
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, wotimage

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.

Comments

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    100


    image
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    19Lyds19Lyds Posts: 26,475 ✭✭✭✭
    You are such a bad boy! image
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
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    guitarwesguitarwes Posts: 9,240 ✭✭✭

    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.



    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
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    PerryHallPerryHall Posts: 45,444 ✭✭✭✭✭
    I wonder if he bought that 1918/7 nickel from Keets.image

    Worry is the interest you pay on a debt you may not owe.

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    I thought he bought it from the old man.......
































    image
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    SanctionIISanctionII Posts: 11,732 ✭✭✭✭✭
    19lyds:

    I knowimage
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    lathmachlathmach Posts: 4,720
    Here's a good cherrypick.

    Ray
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    Ya know Ray,



    You should me that once before and I was jealous.


    Now, I just want to cherry pick something cooler! image Great coin!
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    edix2001edix2001 Posts: 3,388
    That was the plot for David Mamet's "American Buffalo"!
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    bolivarshagnastybolivarshagnasty Posts: 7,350 ✭✭✭✭✭


    << <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.
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    Once the pawnshop priced the coin they took responsibilty for making sure that it was properly priced. Rip away!
    Andy
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    SwampboySwampboy Posts: 12,886 ✭✭✭✭✭


    << <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. image
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    edix2001edix2001 Posts: 3,388
    Heh! I saw it recently.
    Most recent on my queue was "Watermelon Man" from 1970 with the late Godfrey Cambridge.
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    TwoSides2aCoinTwoSides2aCoin Posts: 43,858 ✭✭✭✭✭
    AH...

    that's refreshing as a pitcher of kool-aid.
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    SwampboySwampboy Posts: 12,886 ✭✭✭✭✭


    << <i>AH...

    that's refreshing as a pitcher of kool-aid. >>



    Kool-aid? What do you take us for? It's friday night.image
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    I've had my best luck cherrypicking overdate mercury dimes mostly out of bags, through the years I've cherrypicked 6-1942/1-D's including two in AU and 1-1942/1 in XF.
    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.

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