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Describe your unpleasant coin show or coin shop dealer encounters.

opportunityopportunity Posts: 1,067 ✭✭✭✭
I want to hear stories about your unpleasant encounters with dealers. I think that we all know walking into a coin show that there is bound to be that "one" (or 2, or 3) dealers on the floor who are less than pleasant...

Early American Copper, Bust and Seated.

«13

Comments

  • braddickbraddick Posts: 24,781 ✭✭✭✭✭
    Plopped all my 2X2 coin binders on a Dealer's table and spread out all my gray sheets (I come armed with at least a year's worth so I can track those circulated Wheatback cents). I then asked if he had any $50. cent bags I could dump on what little showcase real-estate that was left so I could cherry pick the varieties, and the dealer- although politely so, requested I leave.

    How rude of him!

    peacockcoins

  • opportunityopportunity Posts: 1,067 ✭✭✭✭


    << <i>Plopped all my 2X2 coin binders on a Dealer's table and spread out all my gray sheets (I come armed with at least a year's worth so I can track those circulated Wheatback cents). I then asked if he had any $50. cent bags I could dump on what little showcase real-estate that was left so I could cherry pick the varieties, and the dealer- although politely so, requested I leave.

    How rude of him! >>




    That sounds more like a rude buyer story image

    Early American Copper, Bust and Seated.

  • AmigoAmigo Posts: 966

    I always find it annoying when i spot something Im really interested in buying and have a solid sense of the value. Then the Dealer quotes me a price that is totally laughable, but I keep my wits. Then I proceed to politely ask him how he came up with that price, and it's a story just a donk could possibly believe. He refuses to even listen to my justification and I end up walking. Bottom line, he has no interest in selling to anyone unless they're totally clueless. It's amazing how many Dealers get emotionally tied to their wares.
  • LakesammmanLakesammman Posts: 17,455 ✭✭✭✭✭
    I've had more unpleasant encounters at work with doctors than with coin dealers at shows/shops. image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • kiyotekiyote Posts: 5,588 ✭✭✭✭✭
    Getting offered melt for a 2005 and 2006 proof platinum coin was pretty annoying. On the other hand, I bought a 3 oz Englehard bar for $2.00 over spot, so it goes both ways.
    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • WalkerfanWalkerfan Posts: 9,725 ✭✭✭✭✭
    This smart-alec dealer that I knew (who sold a bunch of cleaned, rubbed out DRECK) said that he was attending a major show. I asked him to pick up a few nice Walkers for me and he curtly and rudely said-----"I'll pick up some nice Walkers for ME!!!" Well---some one has to buy them from you (me), idiot!! He was in business for 35 years and was a jerk from the word go with just a bunch of cleaned, over-graded GARBAGE..........so glad that he finally RETIRED. He never made me feel welcome or made me a decent offer on anything (of the 1000s of coins that I sold) in all those years. I don't know how he stayed in business? Good riddance!!

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • WalkerfanWalkerfan Posts: 9,725 ✭✭✭✭✭

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • RYKRYK Posts: 35,799 ✭✭✭✭✭


    << <i>I've had more unpleasant encounters at work with doctors than with coin dealers at shows/shops. image >>


    image

    X 3
  • Why?
  • WalkerfanWalkerfan Posts: 9,725 ✭✭✭✭✭


    << <i>

    << <i>I've had more unpleasant encounters at work with doctors than with coin dealers at shows/shops. image >>


    image

    X 3 >>



    How about coin doctors?image

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • sparky64sparky64 Posts: 7,041 ✭✭✭✭✭
    Usually it's the rude, ill mannered other customers that grind me.

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • WTCGWTCG Posts: 8,940 ✭✭✭
    If you think coin dealers provide bad customer service it's obvious you haven't dealt with Comcast.
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
  • DollarAfterDollarDollarAfterDollar Posts: 3,215 ✭✭✭✭✭
    I only had 1 really bad encounter. Back about 5 years ago I had an ANACS AU55 1932 D Washington and an NGC AU 53 1932 S Washington. I showed them to a Dealer for sale as a pair. He looked, and asked how much after I asked if he had any interest. I stated " $500 for the pair". He proceeded to just about throw them back at me.

    I was instantly so angry at this uncalled for rudeness I almost came over the table to beat him senseless.

    I routinely walk past his tables even to this day. What an asshat.
    If you do what you always did, you get what you always got.
  • GreeniejrGreeniejr Posts: 1,321 ✭✭✭


    << <i>If you think coin dealers provide bad customer service it's obvious you haven't dealt with Comcast. >>



    I would agree with you WTC but usually you can get your way with them eventually. Try Kitchenaid they won't do anything.
  • ElcontadorElcontador Posts: 7,680 ✭✭✭✭✭
    In the many years I've been collecting, I can count the rude encounters on one hand. I just make a note of who these people are, and make a point of not doing business with them. The other thing is that you're collecting long enough, you know who has what you are looking for, and who is fair, so you tend to not pay attention to the rest unless someone you trust recommends someone new.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,572 ✭✭✭✭✭
    It was a snowy day. The wind chill was 45 below zero. I'd just gotten paid and cabin fever had set in. Weeks and weeks of ice and snow wasn't letting up. Finally, the sun broke out that blistery morning in March. I'd decided to drive all the way across town and finally had just about enough money in my pocket saved up to get me a fairly decent five dollar Gold Half Eagle incuse design. So, I pulled up, and ran to the door. It was locked. I saw people working inside and a voice came over the microphone like the Wizard of Oz and said, "WHAT IS IT YOU WANT ? ". My knees were knocking and teeth were chattering in the cold , dry, frozen air. Ice was beginning to form on the ends of my nostrils with each passing breath.

    I said, "I was just looking for a small gold coin, sir". The voice came back over the intercom, "That is sold for stupid money on ebay. Go away".
    Knocking the small icicles off with the click of my finger , i retreated from the place and went home, awakened by the reality of life, and shopping on ebay , in the winter months, where I paid stupid money for an incuse gold coin, that eventually graded AU 50 at PCGS.


    Some parts may not be true. They're just added for entertainment purposes.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,572 ✭✭✭✭✭
    blustery image ( I hate typos)
  • MrHalfDimeMrHalfDime Posts: 3,440 ✭✭✭✭
    Just once, several years ago, I had a dealer refuse to sell to me at a small local coin show. As I approached his table he made eye contact with me, and as I got closer to his table he made a rather obvious gesture of locking his display cases. When I inquired as to why he would do such a thing, he replied "Oh, I know you. You only look for the rare varieties, and I don't want to be cherry picked". The conversation ended immediately, I offered no rebuttal or argument, and simply turned and walked away and never went back. It serves no purpose to argue with such short-sighted dealers, and I, for one, will not waste my breath. They say that if you have a pleasant experience with a seller, you will likely not tell others of that experience. But if you have an unpleasant experience, you will tell a dozen of your closest friends and associates. I see no reason to limit it to a dozen.
    They that can give up essential Liberty to obtain a little temporary safety deserve neither Liberty nor safety. Benjamin Franklin
  • WalkerfanWalkerfan Posts: 9,725 ✭✭✭✭✭


    << <i>In the many years I've been collecting, I can count the rude encounters on one hand. I just make a note of who these people are, and make a point of not doing business with them. The other thing is that you're collecting long enough, you know who has what you are looking for, and who is fair, so you tend to not pay attention to the rest unless someone you trust recommends someone new. >>



    This is sooooo true, as I don't even FOOL with the jokers anymore and they know who they are. I only deal with people who I trust, respect and who cater to my interests and we are BOTH glad to to have each other (mutual RESPECT). The others.....I will not even approach their table.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • BryceMBryceM Posts: 11,853 ✭✭✭✭✭
    I guess I vaguely recall a few, but I honestly can't really remember the details..... I don't see the point of re-living negative experiences.
  • WalkerfanWalkerfan Posts: 9,725 ✭✭✭✭✭


    << <i>I guess I vaguely recall a few, but I honestly can't really remember the details..... I don't see the point of re-living negative experiences. >>



    I agree----WHY accentuate the negative??

    Sometimes, I respond to these threads just to entertain myself. I am going to be more selective in the ones that I patronize/support.

    I see nothing positive coming from this thread.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • MrEurekaMrEureka Posts: 24,412 ✭✭✭✭✭
    I very rarely visit coin shops these days, but I visited a lot of them when I started collecting, and early in my career. Virtually all of my experiences were positive, at the least.

    That said... image …, my worst experience was much later, perhaps 15 years ago. On the way home from a small auction, I noticed a coin shop in a small town and couldn't resist stopping in to see if I could buy a few more coins. The owner was rude and completely unhelpful, and I walked out after perhaps a minute or two. I can't say I remember what he said or did, but it doesn't matter. This story is more about what I did, because I was pissed. image Before leaving town and continuing on the way home, I drove around with the window down, scattering a roll of copper-plated 1943 steel cents that I stupidly bought for the fun of it in the auction I had just attended. To this day, I chuckle every time I think about the (hopefully 50) phone calls he got when people found the coins and thought they struck it rich!
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • LakesammmanLakesammman Posts: 17,455 ✭✭✭✭✭
    image

    You are evil......... image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • Walkerguy21DWalkerguy21D Posts: 11,683 ✭✭✭✭✭


    << <i>Before leaving town and continuing on the way home, I drove around with the window down, scattering a roll of copper-plated 1943 steel cents that I stupidly bought for the fun of it in the auction I had just attended. To this day, I chuckle every time I think about the (hopefully 50) phone calls he got when people found the coins and thought they struck it rich! >>


    Now that's funny right there image

    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • 3keepSECRETif2rDEAD3keepSECRETif2rDEAD Posts: 4,285 ✭✭✭✭✭


    << <i>Just once, several years ago, I had a dealer refuse to sell to me at a small local coin show. As I approached his table he made eye contact with me, and as I got closer to his table he made a rather obvious gesture of locking his display cases. When I inquired as to why he would do such a thing, he replied "Oh, I know you. You only look for the rare varieties, and I don't want to be cherry picked". The conversation ended immediately, I offered no rebuttal or argument, and simply turned and walked away and never went back. It serves no purpose to argue with such short-sighted dealers, and I, for one, will not waste my breath. They say that if you have a pleasant experience with a seller, you will likely not tell others of that experience. But if you have an unpleasant experience, you will tell a dozen of your closest friends and associates. I see no reason to limit it to a dozen. >>



    ...what a tool this guy was...if he had any brains whatsoever he would have not shown you his hand and let you search all his stuff and find the goods...then when you make an offer, he should have told you to come back in about 20 min (after he speaks with his business partner) then when you left, he should have immediately assumed that you found valuable stuff and researched it and after confirming this...he then should have walked them over to PCGS's table and had them graded/slabbed/and attributed. Then, lastly when you came back...then he should have thanked you for spotting for him and then let you make an offer on the said coins. This is how he should have handled it image

    Erik
  • WalkerfanWalkerfan Posts: 9,725 ✭✭✭✭✭


    << <i>

    << <i>Before leaving town and continuing on the way home, I drove around with the window down, scattering a roll of copper-plated 1943 steel cents that I stupidly bought for the fun of it in the auction I had just attended. To this day, I chuckle every time I think about the (hopefully 50) phone calls he got when people found the coins and thought they struck it rich! >>


    Now that's funny right there image >>



    image

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • ms70ms70 Posts: 13,956 ✭✭✭✭✭
    At least now I know what I'm doing this weekend. image

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • TookybanditTookybandit Posts: 3,414 ✭✭✭✭
    I honestly cannot remember an unpleasant experience at a coin show or coin shop.

    Once, I asked at a shop about a graded morgan that looked nice. I said, "How much is this one?". The dealer took the slab out of the case and grabbed his greysheet. He told me a price and then immediately continued adding out loud the grading fees, shipping to and from, and came up with a grand total of $xxx.xx

    This was not really unpleasant but I just found it rather odd and it was distracting to the point where I was no longer interested in the coin anymore. I just kept thinking why would I pay the grading and shipping fees? I just wanted to buy the coin, it was not my morgan that I was bringing into the shop raw and wanting to pay to get sent off for grading!?!
  • TookybanditTookybandit Posts: 3,414 ✭✭✭✭


    << <i>

    << <i>Just once, several years ago, I had a dealer refuse to sell to me at a small local coin show. As I approached his table he made eye contact with me, and as I got closer to his table he made a rather obvious gesture of locking his display cases. When I inquired as to why he would do such a thing, he replied "Oh, I know you. You only look for the rare varieties, and I don't want to be cherry picked". The conversation ended immediately, I offered no rebuttal or argument, and simply turned and walked away and never went back. It serves no purpose to argue with such short-sighted dealers, and I, for one, will not waste my breath. They say that if you have a pleasant experience with a seller, you will likely not tell others of that experience. But if you have an unpleasant experience, you will tell a dozen of your closest friends and associates. I see no reason to limit it to a dozen. >>



    ...what a tool this guy was...if he had any brains whatsoever he would have not shown you his hand and let you search all his stuff and find the goods...then when you make an offer, he should have told you to come back in about 20 min (after he speaks with his business partner) then when you left, he should have immediately assumed that you found valuable stuff and researched it and after confirming this...he then should have walked them over to PCGS's table and had them graded/slabbed/and attributed. Then, lastly when you came back...then he should have thanked you for spotting for him and then let you make an offer on the said coins. This is how he should have handled it image

    Erik >>




    I was thinking the same thing! image
  • BAJJERFANBAJJERFAN Posts: 31,270 ✭✭✭✭✭


    << <i>I only had 1 really bad encounter. Back about 5 years ago I had an ANACS AU55 1932 D Washington and an NGC AU 53 1932 S Washington. I showed them to a Dealer for sale as a pair. He looked, and asked how much after I asked if he had any interest. I stated " $500 for the pair". He proceeded to just about throw them back at me.

    I was instantly so angry at this uncalled for rudeness I almost came over the table to beat him senseless.

    I routinely walk past his tables even to this day. What an asshat. >>



    Do you flash 5 Bens at him?
    theknowitalltroll;
  • GRANDAMGRANDAM Posts: 8,751 ✭✭✭✭✭
    When Grandpa died Grandma asked me to sell his coin collection.

    I took it to 3 dealers that I did business with and told them the story and that I was getting appraisals for Grandma and would sell to the highest bid. Well 1 guy was quite a bit higher than the others so he got everything.

    Next time I went into the under bidder's shop he asked me what happened to the collection. When I told him he lost he not so politely asked me to never return.

    I never did and I go right by his shop frequently.

    GrandAm image
    GrandAm :)
  • CoinosaurusCoinosaurus Posts: 9,644 ✭✭✭✭✭
    This looks like another cleverly disguised "bash the dealers" thread image
  • air4mdcair4mdc Posts: 938 ✭✭✭✭✭
    Thank you Al Gore for the WWW......lol. In all seriousness, sometimes you just can't beat online purchasing.
  • kazkaz Posts: 9,265 ✭✭✭✭✭
    Although I have not been to a lot of shows, all of the dealers I have interacted with have been pleasant and helpful, and some have even gone out of their way to teach me a few things. Sorry I don't have anything negative to contribute.
  • BoosibriBoosibri Posts: 12,395 ✭✭✭✭✭


    << <i>Although I have not been to a lot of shows, all of the dealers I have interacted with have been pleasant and helpful, and some have even gone out of their way to teach me a few things. Sorry I don't have anything negative to contribute. >>



    +1
  • DaggoBDaggoB Posts: 333 ✭✭
    Oops. Hit the wrong key.
  • mdwoodsmdwoods Posts: 5,559 ✭✭✭
    One time at the ANA show I got turned into a newt.
    National Register Of Big Trees

    We'll use our hands and hearts and if we must we'll use our heads.
  • FullStrikeFullStrike Posts: 4,353 ✭✭✭


    << <i>This looks like another cleverly disguised "bash the dealers" thread image >>




    image

    image

    Such cruelty


    image


    Im in no mood to bash Coin Dealers tonight.

    Where's a good place to bash used car lots? image
  • TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭
    So many stories, so little time
    Frank

    BHNC #203

  • PerryHallPerryHall Posts: 46,817 ✭✭✭✭✭


    << <i>This looks like another cleverly disguised "bash the dealers" thread image >>


    We need another "Why coin dealers drink." thread to cancel this thread out.imageimage

    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

  • coinkatcoinkat Posts: 23,816 ✭✭✭✭✭
    My worst coin show experiences are better than the alternative which is not going at all.

    Experience the World through Numismatics...it's more than you can imagine.

  • BillJonesBillJones Posts: 34,773 ✭✭✭✭✭
    Years ago when I was a dealer a couple who were friends of my mother and father in-law consigned to me about $350 face value in 90% silver coins to sell for them. I took the coins to a local dealer who was known to pay the best price for junk silver. I came to shop early to avoid the mid day rush. Upon arriving I told the guy behind counter that I was a dealer and what I had to sell. The guy treated me like I had leprosy. He told me they might get the time to count it and had me sit over a corner of the shop. Finally after waiting for half an hour with no customers in the shop they decided to process the purchase. When they give me a price with good (That is why I put up with them.), but told me they would send me a check, which they did in few days. He won't cut a check right there. I got a good price, but I had to put up with a lot of guff to get it.

    Sometime later I spotted this dealer at the Baltimore coin show when I was on a buying trip. I asked to see a coin in his case, and he asked me if I had resale number. I told him, yes, Massachusetts and Connecticut, but at any rate I told him we might well get to the $1,000 exemption limit which was in force in Maryland. Upon hearing that he refused to show me anything and told me to go away.

    I talked to a couple of other dealers at the show about this guy. They told me he had treated them the same way, and they could not understand how he stayed in business given the way he treated customers. I don't know if he still is in business, but I won't have any more to do with him.

    In his defense I know that he had had some nasty trouble with the Federal tax authorities years ago, but still the way he and staff treated the public was not a formula for business success.
    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 ... ?
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    this is ridiculous, what is to be gained by dwelling on isolated, negative experiences which lead me to believe that there are some members who insist on perpetuating the "all dealers and shops are bad" myth. I suppose someone could start a thread asking to list bad collector encounters, but what would be gained by that?? I have had bad encounters with good people and good encounters with bad people and it really proves nothing except that people are flawed.
  • shorecollshorecoll Posts: 5,447 ✭✭✭✭✭
    Keets, I don't know if this answers your question, but I'll share one nasty one. At a Baltimore show about 10 years ago I had one of the big back of Coin World junk dealers (you know buy AUs and sell BUs) switch a coin on me. I was shopping a 1919-S Buffalo that had been cracked from a PCGS AU slab, that was now in a flip. The guy did a classic "drop" it behind the case, picked it up and handed it back. It was two dealers later I showed to a friend who said "you'll never get that kind of money for a VF". I was stunned, I knew what had happened but had no way to prove it. That one dealer was the only one who moved the coin out of my sight and I didn't check it when he handed it back. That was the closest I've ever been to walking away from the hobby. Today, I would approach one of the good dealers I know and raise a fuss, back then I just couldn't believe it happened.

    That junk dealer now has a lot of nice stuff, but I just spit on their ads and move along.

    Just to clarify, I have never seen anyone from that dealer post on here.
    ANA-LM, NBS, EAC
  • ms70ms70 Posts: 13,956 ✭✭✭✭✭
    I think the good dealers should hear about the jerks that cause the stigma of general distrust. They should police their own and call out other dealers on their conduct
    or at least report them to the ANA instead of minding their own business.

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • PerryHallPerryHall Posts: 46,817 ✭✭✭✭✭


    << <i>I suppose someone could start a thread asking to list bad collector encounters,......... >>



    Haven't you seen the numerous "Why dealers drink." threads here?

    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

  • 3keepSECRETif2rDEAD3keepSECRETif2rDEAD Posts: 4,285 ✭✭✭✭✭


    << <i>this is ridiculous, what is to be gained by dwelling on isolated, negative experiences which lead me to believe that there are some members who insist on perpetuating the "all dealers and shops are bad" myth. I suppose someone could start a thread asking to list bad collector encounters, but what would be gained by that?? I have had bad encounters with good people and good encounters with bad people and it really proves nothing except that people are flawed. >>



    ...without coin collectors there would be no such thing as coin dealers...without coin dealers there would still be coin collectors as long as there were coins to collect. You guys definitely need us but in all reality we do not necessarily need you image

    I haven't any stories bashing dealers FWIW,
    Erik
  • bolivarshagnastybolivarshagnasty Posts: 7,352 ✭✭✭✭✭
    Don't dwell on the negative. Poor idea for a forum post IMO.

    image
  • TomohawkTomohawk Posts: 667 ✭✭
    Quite frankly, I enjoy reading stories about coin dealers AND coin collectors...just proves that we're all human. Just because I read one bad dealer story doesn't mean I assume all dealers are bad.

    Here's my story: I was quite young (and looked it) when I went into a dealer's shop looking for "coins." I was new to any type of collecting, so I asked dumb questions like: "What are buffalo coins worth?" "There is actual silver in some older coins?!" How much are the coins in my pocket worth?" etc. etc. For this first visit, I was treated as an idiot, rudely and with very little patience (but I probably could have researched many of the answers I was pestering the owner with). I would ask a question, and after the dealer helped several other customers, I would get a short answer or told to "go look in the Red book."

    I didn't purchase anything on that first visit, but although I was a bit nervous I went back a few weeks later and bought about 5 ounces of silver rounds. The attitude was a little better. Over the next few months I caught the stacking bug, and started buying nearly everything the dealer had in silver rounds (nothing collectible, really). At one point I even purchased a 100-ounce bar from him (a serious investment for me!) and the attitude was now "best-buddy" level. Now, this was when silver was $3/$4 an ounce, so we're not talking big $$; but I found spending some money garnered much better treatment.

    Too bad I sold all my silver when I moved from that town a few months later...should have held onto the nearly 500 ounces of silver I had then...but more importantly, I wound up really missing that dealer. Although our first meeting was rough, he eventually gave me quite a bit of an education in coin collecting and is largely responsible for my love of coins.

    ASE Addict...but oh so poor!
  • BAJJERFANBAJJERFAN Posts: 31,270 ✭✭✭✭✭


    << <i>Years ago when I was a dealer a couple who were friends of my mother and father in-law consigned to me about $350 face value in 90% silver coins to sell for them. I took the coins to a local dealer who was known to pay the best price for junk silver. I came to shop early to avoid the mid day rush. Upon arriving I told the guy behind counter that I was a dealer and what I had to sell. The guy treated me like I had leprosy. He told me they might get the time to count it and had me sit over a corner of the shop. Finally after waiting for half an hour with no customers in the shop they decided to process the purchase. When they give me a price with good (That is why I put up with them.), but told me they would send me a check, which they did in few days. He won't cut a check right there. I got a good price, but I had to put up with a lot of guff to get it.

    Sometime later I spotted this dealer at the Baltimore coin show when I was on a buying trip. I asked to see a coin in his case, and he asked me if I had resale number. I told him, yes, Massachusetts and Connecticut, but at any rate I told him we might well get to the $1,000 exemption limit which was in force in Maryland. Upon hearing that he refused to show me anything and told me to go away.

    I talked to a couple of other dealers at the show about this guy. They told me he had treated them the same way, and they could not understand how he stayed in business given the way he treated customers. I don't know if he still is in business, but I won't have any more to do with him.

    In his defense I know that he had had some nasty trouble with the Federal tax authorities years ago, but still the way he and staff treated the public was not a formula for business success. >>



    Makes you wonder if he was collecting the tax and keeping it.
    theknowitalltroll;

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