Why coin dealers drink, part CCCXCVI

CaptHenway · July 30, 2012 9:57AM

"ring ring
I have a merry xmas coin from troy oh zee
Maam that means one oz
Yes I know that
sure you did"

DUIGUY · July 30, 2012 10:01AM

TwoSides2aCoin · July 30, 2012 10:24AM

Caller : "Do you want to save money ? Please consider how beneficial your time is. We don't want to waste any of it, we know it's precious. We know you've heard every line there is. Now before you hang up, check this one out. "

Dealer : CLICK
Ooops , I hung up too soon

Buzzybest · July 30, 2012 10:27AM

Is this an extension of the "clueless"thread??

coindeuce · July 30, 2012 10:27AM

Today by telephone:

ME: Hello!

JSP: Do you look at bronze coins?

ME: Yes.

JSP: O.K. (click)

JSP - JaneSixPack

TwoSides2aCoin · July 30, 2012 10:38AM

<< Is this an extension of the "clueless"thread?? >>

If you do a search , you'll find several funny stories that happen in a brick and mortar. They're titled "Why Coin Dealers drink..." and often a very funny part of life's experiences in the shop.
Not that I'm given to drink, but I can certainly appreciate the reasons why dealers might be.

CaptHenway · July 30, 2012 9:19PM

<< Is this an extension of the "clueless"thread?? >>

Just do a search for the word drink

DorkGirl · July 30, 2012 10:40PM

CaptHenway · August 17, 2012 4:01AM

From the dealer network today:

"Spent the last 3 hours with a new "customer"...
Educated him about buying .999 silver.
Watched as he agonized about actually buying some.
Finally sold him some.
Told one of my clerks that this one was going to bite
me in the ass.
He called me an hour later complaining that I didn't
charge him sales tax. Carefully explained to him the
sales-tax laws in Illinois.
He called 30-minutes after that to tell me he was having
second thoughts.
10 minutes ago he sold me back the 22 ounces and I made $44
on the exchange.
At no point in time had he taken into consideration that
his wife would want to have a say in what he was doing.
And he is by no-means the craziest customer we've had today!"

and then later, in response to another dealer's question about the guy:

"My 22 oz silver guy was really PO'd when I wouldn't
tell him who my suppliers were - told him straight up
that the guys that I buy from don't want to deal with the
public...he pushed and wanted to know what it would take
to get his foot in the door with a supplier...told him
1) An education
2) A quarter-mill on hand with a solid bank
3) A business license
4) An AML plan
5) The ability to walk in, know exactly what you want,
pay for it, take possesion and then get out of their way.
6) Existing in a universe where you don't sell back a deal
because you didn't clear it with your wife first.
Of course, he didn't listen, just wanted me to go in the back
and grab somebodys business card for him. He told me after I
bought the stuff back that I didn't meet his investing criteria!"

RevDrBlimber · August 17, 2012 4:11AM

<< From the dealer network today:

"Spent the last 3 hours with a new "customer"...
Educated him about buying .999 silver.
Watched as he agonized about actually buying some.
Finally sold him some.
Told one of my clerks that this one was going to bite
me in the ass.
He called me an hour later complaining that I didn't
charge him sales tax. Carefully explained to him the
sales-tax laws in Illinois.
He called 30-minutes after that to tell me he was having
second thoughts.
10 minutes ago he sold me back the 22 ounces and I made $44
on the exchange.
At no point in time had he taken into consideration that
his wife would want to have a say in what he was doing.
And he is by no-means the craziest customer we've had today!"

and then later, in response to another dealer's question about the guy:

"My 22 oz silver guy was really PO'd when I wouldn't
tell him who my suppliers were - told him straight up
that the guys that I buy from don't want to deal with the
public...he pushed and wanted to know what it would take
to get his foot in the door with a supplier...told him
1) An education
2) A quarter-mill on hand with a solid bank
3) A business license
4) An AML plan
5) The ability to walk in, know exactly what you want,
pay for it, take possesion and then get out of their way.
6) Existing in a universe where you don't sell back a deal
because you didn't clear it with your wife first.
Of course, he didn't listen, just wanted me to go in the back
and grab somebodys business card for him. He told me after I
bought the stuff back that I didn't meet his investing criteria!" >>

Maybe it's time for an Angie's List for troublesome and good customers?

For the challenging customers I would say give them Apmex's contact info.; then again maybe Apmex refused to deal with this character...

Coinosaurus · August 17, 2012 5:15AM

I agree this customer is a PITA.

OTOH, if you don't expect this kind of thing when you hang out a sign for public biz, you are seriously deluded.....

greghansen · August 17, 2012 5:25AM

He told me after I bought the stuff back that I didn't meet his investing criteria!

And thank goodness for that...he won't be back!

2ltdjorn · August 17, 2012 5:38AM

<< From the dealer network today:

"Spent the last 3 hours with a new "customer"...
Educated him about buying .999 silver.
Watched as he agonized about actually buying some.
Finally sold him some.
Told one of my clerks that this one was going to bite
me in the ass.
He called me an hour later complaining that I didn't
charge him sales tax. Carefully explained to him the
sales-tax laws in Illinois.
He called 30-minutes after that to tell me he was having
second thoughts.
10 minutes ago he sold me back the 22 ounces and I made $44
on the exchange.
At no point in time had he taken into consideration that
his wife would want to have a say in what he was doing.
And he is by no-means the craziest customer we've had today!"

and then later, in response to another dealer's question about the guy:

"My 22 oz silver guy was really PO'd when I wouldn't
tell him who my suppliers were - told him straight up
that the guys that I buy from don't want to deal with the
public...he pushed and wanted to know what it would take
to get his foot in the door with a supplier...told him
1) An education
2) A quarter-mill on hand with a solid bank
3) A business license
4) An AML plan
5) The ability to walk in, know exactly what you want,
pay for it, take possesion and then get out of their way.
6) Existing in a universe where you don't sell back a deal
because you didn't clear it with your wife first.
Of course, he didn't listen, just wanted me to go in the back
and grab somebodys business card for him. He told me after I
bought the stuff back that I didn't meet his investing criteria!" >>

I would've handed him the phone book... As in the public be the supplier

Lakesammman · August 17, 2012 6:23AM

If this wasn't a coin forum, I'd start a "Why Doctors Drink" thread.

OldEastside · August 17, 2012 6:42AM

I would have shown him a mirror and said this guy supplyed me with 22 OZ.

Steve

Shamika · August 17, 2012 12:57PM

I love these threads.

CoinRaritiesOnline · August 17, 2012 11:44PM

I've never contributed to one of these threads before. And then I got this call:

Caller: I have a coin and I want to know if it's valuable.
Me: OK. What do you have?
Caller: It has many small markings on it.
Me: What sort of markings?
Caller: There are many markings, and they are very small.
Me: What country is it from. Can you tell what year or denomination it is? What is it made of?
Caller: There is no date. There are many small markings.
Me: Can you email me a photo?
Caller: I don't have a camera.
Me: I'm afraid I can't be very helpful based on your description. I do not know what you have. If you can send me a photo I might be able to help.
Caller: It has many small markings on it. [Hangs up]

2ltdjorn · August 17, 2012 11:54PM

Why can't coin dealers and coin collectors just drink because they enjoy libations?

CaptHenway · August 28, 2012 12:47AM

Today's contribution:

"...-busy here yesterday...busy since last Thursday.
Collector coins and bullion, buying and selling...

First call of the day "I have a US Silver Dollar with Queen Elizabeth on it with straight edges on the side. What is that worth?"

PTVETTER · August 28, 2012 12:57AM

Caller...... how much is a dime worth?

Me.... what year?

Caller ..... its old....1971

Me .... 10 cents

Caller .... I know it's worth more... click

Oh well

Buzzybest · August 28, 2012 1:01AM

<< Why can't coin dealers and coin collectors just drink because they enjoy libations? >>

I've been drinking since I started reading this thread!

As a collector,dealers who insult me or my coins when I walk in their store cause me to drink.

lordmarcovan · August 28, 2012 6:07AM

<< "ring ring
I have a merry xmas coin from troy oh zee
Maam that means one oz
Yes I know that
sure you did" >>

nencoin · August 29, 2012 11:57PM

Just got this one this morning:

My coin is a coin of the United States and it was 208 years ago, so I think it's rare enough. So I want to verify the close price and the reliability of it, of course, if this is the case I will sell it and do useful work such as charity.

CaptHenway · August 30, 2012 12:40AM

<< Just got this one this morning:

My coin is a coin of the United States and it was 208 years ago, so I think it's rare enough. So I want to verify the close price and the reliability of it, of course, if this is the case I will sell it and do useful work such as charity. >>

Either a Missouri statehood quarter or, more likely, a Chinese counterfeit 1804 silver dollar.

MsMorrisine · August 30, 2012 1:50AM

<< Just got this one this morning:

My coin is a coin of the United States and it was 208 years ago, so I think it's rare enough. So I want to verify the close price and the reliability of it, of course, if this is the case I will sell it and do useful work such as charity. >>

more! more!

how did the rest go?? I'm very curious.

telephoto1 · August 30, 2012 3:04AM

I had an amusing one recently...
A lady called saying "I have a grandfather coin that is blue."
I asked "What do you mean by "grandfather coin"?
She said "I looked on the internet and it has the German word for grandfather on it"
Turns out it was an OPA blue point rationing token. "Opa" is slang for grandfather in German- so technically she was right

CaptHenway · August 30, 2012 3:19AM

@Telephoto ... LOL!

nencoin · August 30, 2012 3:24AM

<< 

<< Just got this one this morning:

My coin is a coin of the United States and it was 208 years ago, so I think it's rare enough. So I want to verify the close price and the reliability of it, of course, if this is the case I will sell it and do useful work such as charity. >>

more! more!

how did the rest go?? I'm very curious. >>

I requested pictures of said rare coin. If I get a funny reply, I'll be sure to post it. As pointed out earlier, no doubt a fake or replica 1804 dollar.

I probably already mentioned this in one of the other "cause to drink" threads, but on the frequent occasion when I tell people their coins are worth face value, I too often get asked the following question: "What's the face value?"

RevDrBlimber · August 30, 2012 3:44AM

You look at the face and there you see along with Washington's portrait, US of A, Liberty, in God we trust, "quarter dollar". That should be the end of the argument. My advice is that coin dealers do not need to drink to deal with the stress of the job, an exercise program and fellowships are better ways of dealing with the stresses of dealing with nitwits.

CaptHenway · September 14, 2012 7:44AM

One of the dealers on the dealer-to-dealer network reported the other day that somebody walked into his coin shop and made the observation:

"I see you are a numismatist. Does that mean you can hypnotize people?"

jzbrown · September 14, 2012 8:15AM

I had this yesterday. Woman calls and asks if we buy Mercury dimes. I said sure and some are quite rare so bring them by.
She comes in with 40 dimes in a bag. I take them out and start looking at dates.
She asked me if I was afraid of getting Mercury poisoning!!!! I told her they were made of silver and she was shocked.

Sonorandesertrat · September 14, 2012 8:30AM

<< I've never contributed to one of these threads before. And then I got this call:

Caller: I have a coin and I want to know if it's valuable.
Me: OK. What do you have?
Caller: It has many small markings on it.
Me: What sort of markings?
Caller: There are many markings, and they are very small.
Me: What country is it from. Can you tell what year or denomination it is? What is it made of?
Caller: There is no date. There are many small markings.
Me: Can you email me a photo?
Caller: I don't have a camera.
Me: I'm afraid I can't be very helpful based on your description. I do not know what you have. If you can send me a photo I might be able to help.
Caller: It has many small markings on it. [Hangs up] >>

Was DW having some fun?

ricko · September 15, 2012 3:14AM

Love these threads.... Cheers, RickO

JamesM · September 15, 2012 4:21AM

<< I had this yesterday. Woman calls and asks if we buy Mercury dimes. I said sure and some are quite rare so bring them by.
She comes in with 40 dimes in a bag. I take them out and start looking at dates.
She asked me if I was afraid of getting Mercury poisoning!!!! I told her they were made of silver and she was shocked. >>

I like that one.

DorkGirl · September 15, 2012 4:45AM

<< One of the dealers on the dealer-to-dealer network reported the other day that somebody walked into his coin shop and made the observation:

"I see you are a numismatist. Does that mean you can hypnotize people?"

>>

astrorat · September 15, 2012 6:04AM

<<

Love these threads.... Cheers, RickO >>

+1

CaptHenway · September 27, 2012 2:30PM

Today's entry:

"Customer brought in a 5 lb chunk of ore and wanted to sell it. I told him I
don't buy ore and his response was "You don't know pure silver when you see
it"? Said I know what lead looks like. I told him it was galena and most
likely contained some silver but it would have to be refined. He said he
guessed he would take it to someone that knew silver when they saw it. I told
him to go to Cash for Gold."

AUandAG · September 27, 2012 2:49PM

Nice bright and shiny?

lol

bob

MFH · September 27, 2012 3:01PM

CaptHenway - that story is one of the reasons I don't work retail anymore.

CaptHenway · September 27, 2012 11:11PM

<< CaptHenway - that story is one of the reasons I don't work retail anymore. >>

People like that tend to be amazingly arrogant in their ignorance. They convince themselves that they must be right and everybody else must be wrong.

MacCrimmon · September 27, 2012 11:42PM

Capt, I once sent an elderly co-worker your way with a 'valuable' collection of "Coins in History" or somesuch. She had described this old cache of rare coins and brought them to me at work to assess......well, the Alexander tetradrachm was so light it floated out of my hand......ummmm, I told her they were all replicas of famous coins but she was having none of it. So, I told her to visit the experts at Harlan Berk,

as they could tell her how many 10s of thousands they would sell for.

Fountainhead · September 27, 2012 11:52PM

<< I had this yesterday. Woman calls and asks if we buy Mercury dimes. I said sure and some are quite rare so bring them by.
She comes in with 40 dimes in a bag. I take them out and start looking at dates.
She asked me if I was afraid of getting Mercury poisoning!!!! I told her they were made of silver and she was shocked. >>

I'm not a dealer but reading this thread makes me want to drink, too!

renman95 · September 28, 2012 1:12AM

<< If this wasn't a coin forum, I'd start a "Why Doctors Drink" thread.

>>

Haha, is funny. I start wit "why do pilts drink wodka" tread...hahaha.

comrde renski

CaptHenway · October 13, 2012 4:09AM

Saturday morning addition:

"IT S GOING TO BE ONE OF THOSE DAYS!
JUST LOOKED AT 1797 SEATED DOLLAR 2 1804 DOLLARS
!!!!!!!!!!"

MsMorrisine · October 23, 2012 12:39PM

coinflation has a why coin dealers drink article

Frankcoins · November 1, 2012 6:44AM

I am having an argument now with an eBay customer unhappy with a 1992 Byron Nelson tournament 2 oz proof .999 silver medal given to judges and executives of corporate sponsors here in the Dallas area..mintage 50 pieces. I rescued it from the Dillon Gage melt box...it's unmarked but silver was $3.90 an oz in 1992. It would have cost more to make it in base metal and have it silver plated on a 50 item run. Weight is exactly 62.3 grams. The buyer is just not confident that it's really silver... I offered a full refund including shipping both ways, now buyer is suspicious why I want it back so badly, that it's not really silver but must have some rare collector value.

nencoin · November 1, 2012 6:59AM

Here's an actual email exchange the other week between me and a customer after they received the coin. They purchased a PCGS graded Morgan Dollar with a CAC sticker via our website. The coin and holder was imaged, and the description said it was CAC approved.

I ordered a PCGS coin.....What is THIS? A CAC? Do I have to return this to you?

If the coin is not to your liking, you may certainly return it to us. Please send it fully insured to our address below. Once we receive it, we’ll refund your card for $249. If you have any questions, just let me know.

HELLO_WHY IS IT THAT YOU ADVERTISED THIS COIN AS A PCGS COIN AND IT IS NOT? NOW< YOU"VE WASTED MY TIME> CAC IS NOT AS ACCURATE OR AS VALUABLE AS PCGS> IS CAC THE OLD PCGS OR WHAT? NOW< IT WILL COST ME EVEN MORE MONEY TO INSURE THIS IF NOT>

coindeuce · November 1, 2012 1:19PM

<< Here's an actual email exchange the other week between me and a customer after they received the coin. They purchased a PCGS graded Morgan Dollar with a CAC sticker via our website. The coin and holder was imaged, and the description said it was CAC approved.

I ordered a PCGS coin.....What is THIS? A CAC? Do I have to return this to you?

If the coin is not to your liking, you may certainly return it to us. Please send it fully insured to our address below. Once we receive it, we’ll refund your card for $249. If you have any questions, just let me know.

HELLO_WHY IS IT THAT YOU ADVERTISED THIS COIN AS A PCGS COIN AND IT IS NOT? NOW< YOU"VE WASTED MY TIME> CAC IS NOT AS ACCURATE OR AS VALUABLE AS PCGS> IS CAC THE OLD PCGS OR WHAT? NOW< IT WILL COST ME EVEN MORE MONEY TO INSURE THIS IF NOT> >>

stealer · November 1, 2012 1:46PM

<< Here's an actual email exchange the other week between me and a customer after they received the coin. They purchased a PCGS graded Morgan Dollar with a CAC sticker via our website. The coin and holder was imaged, and the description said it was CAC approved.

I ordered a PCGS coin.....What is THIS? A CAC? Do I have to return this to you?

If the coin is not to your liking, you may certainly return it to us. Please send it fully insured to our address below. Once we receive it, we’ll refund your card for $249. If you have any questions, just let me know.

HELLO_WHY IS IT THAT YOU ADVERTISED THIS COIN AS A PCGS COIN AND IT IS NOT? NOW< YOU"VE WASTED MY TIME> CAC IS NOT AS ACCURATE OR AS VALUABLE AS PCGS> IS CAC THE OLD PCGS OR WHAT? NOW< IT WILL COST ME EVEN MORE MONEY TO INSURE THIS IF NOT> >>

Tell him to rip off the sticker and he'll have what he wants

WhiteTornado · November 1, 2012 2:35PM

<< Tell him to rip off the sticker and he'll have what he wants

>>

Walkerfan · November 1, 2012 2:49PM

<< Why can't coin dealers and coin collectors just drink because they enjoy libations? >>

Maybe if they got drunk TOGETHER they'd get along better!!

Why coin dealers drink, part CCCXCVI

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