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Among Dealers: Are you more respected the more you spend or the more you know?
braddick
Posts: 24,777 ✭✭✭✭✭
Do Dealers appreciate coin knowledge more than they do cash?
Do Dealers appreciate a budding collector who is rising up in the ranks with the information he's gathering
or is that somewhat new collector looked at favorably the more he spends?
Do Dealers like selling expensive coins to the unwashed or does it simply not matter to them?
I remember once attempting to adopt a cat and couldn't believe the hoops the activist was putting us through, double and triple checking the home
environment this damn feline would be living in. (Jumping to the last page: I wanted a mouser for household duties, and that didn't fly- we went home, sans cat.)
Do dealers feel the same way about the coins they sell?
Do Dealers appreciate a budding collector who is rising up in the ranks with the information he's gathering
or is that somewhat new collector looked at favorably the more he spends?
Do Dealers like selling expensive coins to the unwashed or does it simply not matter to them?
I remember once attempting to adopt a cat and couldn't believe the hoops the activist was putting us through, double and triple checking the home
environment this damn feline would be living in. (Jumping to the last page: I wanted a mouser for household duties, and that didn't fly- we went home, sans cat.)
Do dealers feel the same way about the coins they sell?
peacockcoins
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Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>Do Dealers appreciate coin knowledge more than they do cash? >>
I'm sure it depends on the dealer.
<< <i>Do Dealers appreciate a budding collector who is rising up in the ranks with the information he's gathering or is that somewhat new collector looked at favorably the more he spends? >>
I'm sure it depends on the dealer.
<< <i>Do Dealers like selling expensive coins to the unwashed or does it simply not matter to them? >>
I'm sure it depends on the dealer.
<< <i>I remember once attempting to adopt a cat and couldn't believe the hoops the activist was putting us through, double and triple checking the home environment this damn feline would be living in. (Jumping to the last page: I wanted a mouser for household duties, and that didn't fly- we went home, sans cat.)
Do dealers feel the same way about the coins they sell? >>
I'm sure it depends on the dealer.
Do you sense a trend here...
peacockcoins
environment this damn feline would be living in. (Jumping to the last page: I wanted a mouser for household duties, and that didn't fly- we went home, sans cat.)
THAT'S IT !! - HOW YOU TREAT YOUR CAT
Generally, I've found that these dealers also give back to the numismatic community by doing things such as freely sharing their own knowledge with their customers, writing books, teaching at the ANA Summer Seminar and joining coin clubs.
I've also found that these dealers like to find good homes for their good coins - so that the coins will be appreciated, not abused and perhaps sold back to the dealer in the future.
We also attempted to adopt a cat from a really fussy shelter once - apparently the deal-killer was when we admitted that we would be letting the cat outside from time-to-time. Unbeknownst to us, this was a "bad" thing because our cat could mingle with feral cats and be exposed to disease.
We left that shelter and went to a much less fussy shelter.
Check out the Southern Gold Society
I wouldn't attempt to guess how someone else feels, but if any of you folks need a feline let me know.
Heck I'll round up as many as you want and mail em to ya.
Never had any trouble finding a cat around here.
Dealers HATE know it all collectors who penny pinch them to death. But they will tolerate know it alls who let them make a profit.
``https://ebay.us/m/KxolR5
<< <i>I don't think you can generalize about any of this. >>
Never generalize.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
I prefer to deal with knowledgeable customers, as I strive to provide nice collector coins at fair prices.
The knowledgeable customer recognizes this, buys without haggling, and often becomes a good repeat customer.
They will also provide me with want lists, ensuring future business. Finally, these customers also not only ask good questions
to 'challenge me' numismatically, but they also share their knowledge with me, making me a better numismatist.
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
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<< <i>I don't think you can generalize about any of this. >>
Never generalize. >>
Would that be because all generalizations are bad?
I occasionally get a call from dealers who want to check out my thoughts on pricing/rarity in series
I concentrate on. I almost always get several calls on high end coins they are selling.
It all depends on the dealer - some respect numismatic knowledge, some don't give a crap.
Money will always get attention of all dealers, respect maybe not so much.
Also understand numismatic knowledge comes in many forms, could be:
* technical knowledge of a certain series
* insider knowledge of who is buying and selling, who owns what
* historical understanding of US numismatics
* exceptional insight as to how the services are operating
Certain dealers will be more tuned in to some kinds of knowledge than others.
<< <i>Do Dealers appreciate coin knowledge more than they do cash?
Do Dealers appreciate a budding collector who is rising up in the ranks with the information he's gathering
or is that somewhat new collector looked at favorably the more he spends?
Do Dealers like selling expensive coins to the unwashed or does it simply not matter to them?
I remember once attempting to adopt a cat and couldn't believe the hoops the activist was putting us through, double and triple checking the home
environment this damn feline would be living in. (Jumping to the last page: I wanted a mouser for household duties, and that didn't fly- we went home, sans cat.)
Do dealers feel the same way about the coins they sell? >>
As a dealer I would say no on all counts for the most part. While I appreciate customer interest my time at a show is money. I am in the red from the start of the show with table fee, travel, and lodging so making deals that put me in the green is critical. In addition, I am facing considerable competition. I like coins but quick inventory turnover is critical in this business. While I like discussing coins with customers and enjoy finding out what they collect I have to be cognizant I am there to make money and not waste my time with non buyers / sellers.
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<< <i>I don't think you can generalize about any of this. >>
Never generalize. >>
Would that be because all generalizations are bad? >>
Without exception.
"Why does everyone always over exaggerate and generalize about absolutely everything? I’m glad I never ever do that.”
By the way, show me the money or maybe show me info, pictures and stories about money.
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
It has nothing to do with money or knowledge!
Respect is a value, therefore no one can claim it, is earned and sometimes lost.
Once lost it may never return.
One more point, Its a 2 way street!
(1) You are more respected the more you know
(2) You are more valued (financially) the more you spend
<< <i>Would that be because all generalizations are bad? >>
As a general rule, yes.
<< <i>I hope most dealers would respect knowledgeable collectors but realistically they love collectors that have more money than brains. >>
I think this is closest to reality from my own personal experience.
<< <i>Respect is earned!
It has nothing to do with money or knowledge!
Respect is a value, therefore no one can claim it, is earned and sometimes lost.
Once lost it may never return.
One more point, Its a 2 way street! >>