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Poll: How many coin dealers benefit financially from participating on this forum?

RYKRYK Posts: 35,800 ✭✭✭✭✭
in U.S. Coin Forum
There are several dealers I would have never known or done business with but for their participation on the forum. Excluding part-timers, collectors selling duplicates, flippers, and other wannabes image , how many real, full-time dealers do you think have benefited materially from participation on this forum. Use your personal experience as a guide.

My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132

Comments

  • LongacreLongacre Posts: 16,717 ✭✭✭
    There are dealers who post positively on these boards and make a good contribution, and I am happy to recommend them to others (particuarly if I have had good direct experiences with them). Likewise, there are some dealers who I avoid because of comments made on these boards.
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
  • RYKRYK Posts: 35,800 ✭✭✭✭✭


    << <i>There are dealers who post positively on these boards and make a good contribution, and I am happy to recommend them to others (particuarly if I have had good direct experiences with them). Likewise, there are some dealers who I avoid because of comments made on these boards. >>



    Thank you, counselor, but that is not the question. image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • MrEurekaMrEureka Posts: 24,419 ✭✭✭✭✭
    I freely admit that I have benefited financially from this forum. In fact, I have gone so far as to calculate my "return on investment". It works out to thirty cents an hour. Not bad!
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • RYKRYK Posts: 35,800 ✭✭✭✭✭


    << <i>I freely admit that I have benefited financially from this forum. In fact, I have gone so far as to calculate my "return on investment". It works out to thirty cents an hour. Not bad! >>


    Given your level of participation, that comes out to about $2000 per year. Not bad, I say. image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • 291fifth291fifth Posts: 24,694 ✭✭✭✭✭
    Only a few ... and that few are those that receive consistently positive vibes from their posts.

    There are some others whose posts repel me ... so it works both ways.

    It doesn't take much to fall from grace once real trading begins. I can think of one dealer who is probably viewed very positively on these boards, who, when offered coins at a large show about five years ago, shot me the usual low-ball offer complete with bad-mouthing of the coins.

    Many of those who I view positively from posts here I have never dealt with or met. (Some of them even respond negatively to my posts!) Obviously, they haven't benefited financially from dealing with me.
    All glory is fleeting.
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    I think it's nearly impossible to know. While a dealer might be aware of business coming his/her way, due to his/her participation here, he/she might also be losing some people's business, without knowing it. There's also the unknown trade-off of whether the dealer would do better spending the time doing something other than posting here.
  • JJMJJM Posts: 8,089 ✭✭✭✭✭
    a bunch, which is cool
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly, justindan
  • LongacreLongacre Posts: 16,717 ✭✭✭


    << <i>

    << <i>There are dealers who post positively on these boards and make a good contribution, and I am happy to recommend them to others (particuarly if I have had good direct experiences with them). Likewise, there are some dealers who I avoid because of comments made on these boards. >>



    Thank you, counselor, but that is not the question. image >>





    I guess I should not write responses while I am talking to The Man on a conference call. image
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Considering the amount of dealer participation here, I would believe they regard participation as a financial benefit. Cheers, RickO
  • RTSRTS Posts: 1,408 ✭
    I don't think I've ever purchased a coin from a dealer that participates on the forum unless I'm not aware of their usernames.
    image
  • PCcoinsPCcoins Posts: 3,354 ✭✭✭
    I have never purchased from a big time dealer on the BS&T, but mostly other collectors who sell their coins.
    "It is what it is."
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i>There are dealers who post positively on these boards and make a good contribution, and I am happy to recommend them to others (particuarly if I have had good direct experiences with them). Likewise, there are some dealers who I avoid because of comments made on these boards. >>





    << <i>Thank you, counselor, but that is not the question. image >>







    << <i>I guess I should not write responses while I am talking to The Man on a conference call. image >>





    << <i>I guess I should not be wasting my time talking to The Man on a conference call while I'm doing more important things like writing responses here. image >>

    Fixed.image
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    I am not knowledgable enough to pick a well informed answer from the list, where is the show me the results option?

    I can only guess if a dealer financially profits from participating on these boards. I have bought from 3 dealers I would not have known about if it were not from these boards but I found out about them from others who post here not the dealers who happen to be members.

    I think these boards indirectly benefit some dealers financially by how non-dealer members rant about the quality of certain dealers.
  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭
    RYK....hard to estimate as I can guess that a bunch of "wannabes" are posting that they are real dealers image

    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

  • lcoopielcoopie Posts: 8,873 ✭✭✭✭✭
    I would think the good ones will benefit
    and the bad ones will lose.
    LCoopie = Les
  • BillyKingsleyBillyKingsley Posts: 2,661 ✭✭✭✭
    I have no statistical answer for you, but I know that there are a few that have made a small amount of money off of me simply because of their participation on this board, in so much as I never would have heard of them if not for this board, but by posting and reading on here, I did hear of them, and I bought stuff.

    In the grand scheme of things what I have spent is miniscule, nearly non-existant, but odds are I am not the only one...
    Billy Kingsley ANA R-3146356 Cardboard History // Numismatic History
  • BillJonesBillJones Posts: 34,814 ✭✭✭✭✭
    The short answer for was I never did, when I was an active dealer. I think that I could have offered certified coins at half of Gray Sheet bid and never gotten a response on the buy and sell forum.
    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 ... ?
  • littlebearlittlebear Posts: 1,557 ✭✭✭✭


    << <i> Likewise, there are some dealers who I avoid because of comments made on these boards. >>



    Longacre, I am shocked! Shouldn't that be "whom I avoid?" It looks like your secretary/proofreader must be dealt with......


    Larry L.



    image
    Autism Awareness: There is no limit to the good you can do, if you don't care who gets the credit.
  • MidLifeCrisisMidLifeCrisis Posts: 10,550 ✭✭✭✭✭


    << <i>How many coin dealers benefit financially from participating on this forum? >>


    Is this question important for some reason?

    image
  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭


    << <i>

    << <i>How many coin dealers benefit financially from participating on this forum? >>


    Is this question important for some reason?

    image >>




    Yeah, RYK is asking on behalf of CU.....collectors will still be free, but dealers will get to pay for the privilege to post since they are benefitting from increased business image

    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

  • ThePennyLadyThePennyLady Posts: 4,495 ✭✭✭✭✭
    While I have sold a few coins to a couple members on this forum, I believe I've benefited more by what I've learned and the friends I've made here. image
    Charmy Harker
    The Penny Lady®
    https://thepennylady.com/

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