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  • mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <i>who is this mr. paseo guy?? The flea market guy sells coins and currency at the flea market. He has 2 coins books and numerous coin magazines in front of him on his table and offered the coins to me at the stated prices........what did I do wrong???? >>



    Please excuse my bad humor, I was joking, you did nothing wrong as a matter of fact, I wish I could land in the same situation.

    Again, my apologies,
    Ray
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Flea market guy had nothing still but another person did! Here is what I got:

    1.50 FV quarters
    2.7 FV dimes
    =4.20 FV 90%

    Paid $40. Not bad at all I think.
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  • mrpaseomrpaseo Posts: 4,753 ✭✭✭
    Who am I?

    In basic training I adopted this close to my heart, I live these words from my first day of service:

    The first line of the code of conduct:



    << <i>I am an American fighting in the forces which guard my country and our way of life. I am prepared to give my life in their defense. >>



    Upon completion of Basic Training and Advanced Individual Training, I adopted a new Creed.

    The Soldiers Creed



    << <i>I am an American Soldier, I am a warrior and a member of a team,
    I serve the people of the united states and live the Army values.
    I will allways place the mission first,
    I will never accept defeat,
    I will never quit,
    I will never leave a fallen comrade.
    I am disciplined, physically and mentally tough,
    Trained and proficient in my warrior tasks and drill.
    I always maintain my arms, my equipment and myself.
    I am an expert and I am a professional.
    I stand ready to deploy, engage and destroy the enemies of the United States of America in close combat.
    I am a guardian of freedom and the American way of life.
    I am an American Soldier. >>





    Upon my induction into the Corps of the Non-Commissioned Officer I adopted the following:

    The Creed of the Non-Commissioned Officer



    << <i>No one is more professional than I. I am a Noncommissioned Officer, a leader of soldiers. As a Noncommissioned Officer, I realize that I am a member of a time honored corps, which is known as "The Backbone of the Army". I am proud of the Corps of Noncommissioned Officers and will at all times conduct myself so as to bring credit upon the Corps, the Military Service and my country regardless of the situation in which I find myself. I will not use my grade or position to attain pleasure, profit, or personal safety.

    Competence is my watchword. My two basic responsibilities will always be uppermost in my mind -- accomplishment of my mission and the welfare of my soldiers. I will strive to remain technically and tactically proficient. I am aware of my role as a Noncommissioned Officer. I will fulfill my responsibilities inherent in that role. All soldiers are entitled to outstanding leadership; I will provide that leadership. I know my soldiers and I will always place their needs above my own. I will communicate consistently with my soldiers and never leave them uninformed. I will be fair and impartial when recommending both rewards and punishment.

    Officers of my unit will have maximum time to accomplish their duties; they will not have to accomplish mine. I will earn their respect and confidence as well as that of my soldiers. I will be loyal to those with whom I serve; seniors, peers, and subordinates alike. I will exercise initiative by taking appropriate action in the absence of orders. I will not compromise my integrity, nor my moral courage. I will not forget, nor will I allow my comrades to forget that we are professionals, Noncommissioned Officers, leaders! >>




    Simply put, I AM AN AMERICAN SOLDIER.

    v/r,
    Ray
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Thank you for your service image Again guys quit making my thread all OT.
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  • 1jester1jester Posts: 8,637 ✭✭✭
    I don't see anything close to wrong or immoral about what Norseman did in buying the silver dimes from the dealer's box of silver dimes, for what the dealer was asking. As many have pointed out, the dealer had the items priced according to his wishes, and Norseman bought them. How he stacked them should not bear any relevance, nor can we assume or infer any immoral activity from it.

    Mkman, on the other hand, should be strongly ostracized for (repeatedly) ripping that poor flea market dealer...LOL... image

    imageimageimage
    .....GOD
    image

    "Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9

    "Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5

    "For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22
  • I find silver all the time on the floor of a customer's place....I always keep it and thank them silently for not cleaning properly. Am I a thief? Or just have a good eye?
  • PerryHallPerryHall Posts: 46,240 ✭✭✭✭✭


    << <i>I find silver all the time on the floor of a customer's place....I always keep it and thank them silently for not cleaning properly. Am I a thief? Or just have a good eye? >>



    Are you serious?

    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

  • WeissWeiss Posts: 9,941 ✭✭✭✭✭


    << <i>I find silver all the time on the floor of a customer's place....I always keep it and thank them silently for not cleaning properly. Am I a thief? Or just have a good eye? >>



    Yeah, no. That's theft. You pocket a card from the floor of a Hallmark store, that's theft. You pocket a can of beans from the floor of the supermarket, that's theft. You pick up a coin from the floor of a coin shop? If you're not talking a zinc cent, that's theft.

    Ooops. The dealer dropped these coins on the counter instead of in his safe where they belong. Guess he doesn't want them...
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • the dimes been there for months. I move a refrigerator and its sitting in dust. You think I'm a thief? LOL funny people on here.


  • << <i>

    << <i>I find silver all the time on the floor of a customer's place....I always keep it and thank them silently for not cleaning properly. Am I a thief? Or just have a good eye? >>



    Yeah, no. That's theft. You pocket a card from the floor of a Hallmark store, that's theft. You pocket a can of beans from the floor of the supermarket, that's theft. You pick up a coin from the floor of a coin shop? If you're not talking a zinc cent, that's theft.

    Ooops. The dealer dropped these coins on the counter instead of in his safe where they belong. Guess he doesn't want them... >>

    hey Weiss where do you see that I said I found a dime on the floor of a coin shop???


  • << <i>

    << <i>"With this logic, everyone that cherry picks is a thief... Hmmmm, something to think about."

    No. The seller knows what coin he is selling (but may not realize current market values on it). No theft.

    Exactly my point, if the current market value is known by the buyer, and the seller does not. The transaction is complete with the dealer losing possible profit, does not make it theft by deception since the buyer KNEW for a fact that the coin was worth more?

    "2. Did the buyer feel like he was doing something wrong? If he does, in my opinion he was doing something unethical."

    Of course he did. Why else would he take the time to be sure the seated dimes were out of sight, hidden at the BOTTOM of each of the piles he stacked? This is theft by intentional deception. >>



    I agree.

    PS. Not trying to get in a pissing contest with anyone, just wanted to offer another view.
    Ray >>



    Then using your flawed logic you should also label Gecko a thief for stealing an old poured 4 oz. Engelhard Silver bar from someone then selling it for over $50 an ounce.
  • Of course you two clowns will see it completely differently and say it's not the same thing as Gecko is such a nice guy.image
  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
    This thread is massively off-topic both regarding the original post and the purpose of the PM forum. I would suggest we let this thing go.
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
  • carew4mecarew4me Posts: 3,473 ✭✭✭✭
    Free Market.

    Goods.

    Buyer.

    Seller.

    Price.

    Transaction.

    Done.

    All else in conjecture and our insatiable need to judge others.

    Loves me some shiny!
  • do these purchased coins ring like silver?

    are they uncirculated or heavily worn?




    the reason I ask is they could be fakes and your good deal becomes bad


    and the story changes from I found a nice source of metals, to I got screwed at the flea market
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Sinin how did the story change and how did I get screwed at the flea market????

    Heres what you said

    "and the story changes from I found a nice source of metals, to I got screwed at the flea market "

    Reread the entire thread pls.
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  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    yes the coins ring like silver and some are worn, others are unc, and others have normal circulated wear. Nice mix.
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  • << <i>This thread is massively off-topic both regarding the original post and the purpose of the PM forum. I would suggest we let this thing go. >>



    I guess I don't appreciate being called a thief for doing the same thing that others have done and been congratulated for but you are right and I'll let it go.
  • jmski52jmski52 Posts: 22,906 ✭✭✭✭✭
    I don't see any problem with stacking coins one way or the other, since they all came from the same box. I wouldn't want to give the dealer a chance to change his mind if I thought I was getting a real deal. The box is there to sell the coins that are inside it, period.

    And mkman is having fun, using his somewhat specialized knowledge - knowledge that every other person attending the flea market is free to acquire and use to their own advantage if they had the inclination to do so. Who questions the source of anything at a flea market? The 90% coins are no different than the valuable picture frame that nobody else recognizes except for the specialist.

    Good Job, mkman!image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.


  • << <i>

    << <i>

    << <i>"With this logic, everyone that cherry picks is a thief... Hmmmm, something to think about."

    No. The seller knows what coin he is selling (but may not realize current market values on it). No theft.

    Exactly my point, if the current market value is known by the buyer, and the seller does not. The transaction is complete with the dealer losing possible profit, does not make it theft by deception since the buyer KNEW for a fact that the coin was worth more?

    "2. Did the buyer feel like he was doing something wrong? If he does, in my opinion he was doing something unethical."

    Of course he did. Why else would he take the time to be sure the seated dimes were out of sight, hidden at the BOTTOM of each of the piles he stacked? This is theft by intentional deception. >>



    I agree.

    PS. Not trying to get in a pissing contest with anyone, just wanted to offer another view.
    Ray >>



    Then using your flawed logic you should also label Gecko a thief for stealing an old poured 4 oz. Engelhard Silver bar from someone then selling it for over $50 an ounce. >>






    For the very last time..... I made NO EFFORT to CONCEAL anything when I bought that bar. You DID make EVERY EFFORT to CONCEAL what you were buying.

    Its all about INTENT.
  • I'll let it go too, though I didnt think I'd actually be called a thief for taking a dime off the floor at a coffee house image
  • you wuss.
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    I apologize, Trustno1. We were talking about coin shops.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • Nice p/u, Mike.. I see he is slowly raising his X's face value.. I hope you hit the jackpot one day..

    If he is selling Morgans for as much over melt as he is, he knows what he has.. Maybe HE is the one ripping
    off the people HE is buying from. It's still a free market society.. If he wants more all he has to do is raise is price..

    The dealer might lose Mike as a buyer but there will always be another buyer walking by..

    Keep us updated...
  • I have read the entire thread


    you must not have read my 3rd line ->


    the reason I ask is they could be fakes and your good deal becomes bad






  • << <i>I apologize, Trustno1. We were talking about coin shops. >>

    no problem, I should have explained it clearly....
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    flea market opening back up after being closed for 2 weeks............can't wait to see what goodies I can get! image

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  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Here is what I found:

    Lot 1:
    1x silver eagle
    2x WLH
    1x Frankie
    1x Barber Halve
    Total: $40

    Lot 2:
    1 WLH
    Total $5

    Not a killer deal but getting a barber halve is always nice to get for 12.5x FV.
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  • Coll3ctorColl3ctor Posts: 3,339 ✭✭✭
    Hey mkman123 I just got back from a local auction and picked up a full roll of war nickels for $10.00 and a Roosevelt dime book with 39 silver dimes for $12.50 image


    Lets see you beat that one image
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    lol. Nice pickup up Coll3ctor!

    I'm in no competition with anyone, just trying to stack with limited funds. I'm not a baller like some of the folks here and never look down on anyone no matter the size of their stack (refer back to the thread of the guy who asked if 300 oz is a lot).

    I'll let you know what I find next week, maybe I will get some stuff that can top you lol image
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  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Well, deals are not as often but still show up as long as I'm patient!!

    3 weeks ago I bought a beautiful barber quarter for 60 at the flea market. It was Auish to low buish. Got it because I don't have any nice barber quarters except junk silver ones which are worn. Took the chance and bought it because I liked it and to date is the most expensive coin I have bought. The next day I showed it to a local collector and he convinced me to sell it to him! I sold the barber quarter for 80 bucks and got about 1 FV 90%. The coin collector showed me the price guide and its value so it was a good deal for me. Glad to have gotten my money back plus a little extra and some silver!

    Then two weeks ago I bought 6 rolls of 90% mercs for 45 a roll!!!! WOOHOO! Sold enough to make back what I paid for them AND keep 6+ FV for free!!!!

    Didn't get anything for Christmas but found myself a present at the flea market today! I got:

    3 FV franklins
    1.6 FV mercs and roosies
    Total: 38 bucks!! WOOHOOOOOOOOOOOOOOOO

    Don't have a lot but I'm patient and slowly stacking!
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  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
    Found a silver Roosevelt dime (1964) in the return slot of a coinstar machine at a local supermarket today. image
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Decided to hit the flea market again and got a small but great deal!!!!!

    1x WLH
    1x Frankie
    1x 1964 kennedy
    3x washington quarter
    1x merc
    2x roosie

    2.55 FV

    Total cost 18 bucks!
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  • metalmeistermetalmeister Posts: 4,586 ✭✭✭✭✭
    Nice going mkman123image
    email: ccacollectibles@yahoo.com

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  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    thanks Metalmeister!

    The folks at the flea market told me to check back with them next week as they might have more silver.....can't wait but not getting my hopes up either!
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  • << <i>Found a silver Roosevelt dime (1964) in the return slot of a coinstar machine at a local supermarket today. image >>



    I've seen those big green machines at wal mart and grocery stores, been tempted to check them out is the return slot on the bottom???
  • KonaheadKonahead Posts: 1,476 ✭✭✭


    << <i>He's selling them cheap for two reasons:

    1. he doesn't know the true value of silver

    2. he's still making 100% profit as I'm sure he's only buying it for 3x and selling it for 6x. >>



    Correct, the average person has no idea what the true value of silver is or even what a morgan or peace go for. I have seen people cleaning out their parents homes at a garage sale asking 10 dollars for peace dollars and morgan widgets. Grab them when you find them.
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    I have your address. I think I'll go see what is going on in you town at the loco flea market just to look around. imageimageimage


    Hoard the keys.
  • Coll3ctorColl3ctor Posts: 3,339 ✭✭✭


    << <i>I have your address. I think I'll go see what is going on in you town at the loco flea market just to look around. imageimageimage >>






    I'm already there image
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Didn't see any of you guys today? Whats up with that? Didn't get much BUT here is what I found:

    Person #1
    4 FV Kennedies
    1.75 FV Washington
    3.80 FV Dimes

    Total: 9. 55 FV. PAID $90!!!!!!!!

    Person #2:
    .25 FV washington

    Total .25 FV. PAID $2.50
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  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Good score Milkmanimage

    All the dimes Roosies?
    Avid collector of GSA's.
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    yep roosies.
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  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>

    << <i>Found a silver Roosevelt dime (1964) in the return slot of a coinstar machine at a local supermarket today. image >>



    I've seen those big green machines at wal mart and grocery stores, been tempted to check them out is the return slot on the bottom??? >>



    yes they spit out silver and most Sacs, it's much more 'lucrative" then checking a payphone
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Scoooooooooooorrrrrrrrrrrrrreeeeeeeeeeeeeeeeeee

    Decided to go to flea market today in case some more silver came in.......

    20 morgans and peace (3 of the morgans are 1887 in au-buish condition)
    TOTAL COST $300!!!!

    THEN I FOUND

    21.95 FV 90% mostly frankies and washies but some roosies in there
    FOR
    $180!!!!!!!

    WOOOOOOOOOOOOOHOOOOOOOOOOOOOOOOOO
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  • CiccioCiccio Posts: 1,405


    << <i>Scoooooooooooorrrrrrrrrrrrrreeeeeeeeeeeeeeeeeee

    Decided to go to flea market today in case some more silver came in.......

    20 morgans and peace (3 of the morgans are 1887 in au-buish condition)
    TOTAL COST $300!!!!

    THEN I FOUND

    21.95 FV 90% mostly frankies and washies but some roosies in there
    FOR
    $180!!!!!!!

    WOOOOOOOOOOOOOHOOOOOOOOOOOOOOOOOO >>




    image MK! You did great! image
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Thanks Ciccio!

    I am gonna sell some of the 90% to get my 180 back and then keep the rest as free profits!! Basically I got some free silver!!!!

    For the morgans and peace, I will go through and pick what I want and sell the others!
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  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    Wow. You've got a nice program running there, mkman123. Post pics of the dollars!
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    give me a little bit, will snap it on my phone and transfer it to photobucket.

    the 90% came out to 8.2x Weiss! Thats awesome!

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  • bestmrbestmr Posts: 1,780 ✭✭✭
    You #&$^&$, I mean, you lucky guy. image

    I've tried the bank closest to me and always got skunked. Well, Friday, I decided to try a bank that was 30 minutes away as they have a change counter. I asked for a box of pennies(to look for wheaties) but they didn't have any. So I tried asking for a box of halves. She said she'd go look. They didn't have any but they did have a bag if I was interested. image Told her it was too steep for my blood so I just got several rolls of quarters, dimes, and pennies and left. Nothing. On the way home, I tried some local pawn shops. I rarely go as everything is usually over priced. Turns out that was the case. Oh well, I had fun sorting through the pennies looking for wheats(found a 54-s).
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  • WeissWeiss Posts: 9,941 ✭✭✭✭✭


    << <i>give me a little bit, will snap it on my phone and transfer it to photobucket.

    the 90% came out to 8.2x Weiss! Thats awesome! >>



    That is awesome. If my math is right, that's just about 16 ounces of pure silver for $180, or $11.25 an ounce!!
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
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