Home U.S. Coin Forum

Negative dealer threads...

2»

Comments

  • Mission16Mission16 Posts: 1,413 ✭✭✭
    So......Just how many bashing threads are there? I rolled back thru five pages and found maybe two?
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    Yes Keets, the dealers always tell us it doesn't matter who the bad ones are. But they sure don't want us to know. They say it won't matter if we know who the coin DR. is because we wouldn't know them anyway. Well, we want to get to know them Haha. I know you say you're not a dealer and I can appreciate you sharing your insights on the other side of the table. To be honest though almost every post I see of yours lately is dealer oriented and sticking up for dealers no matter what. Not that there's anything wrong with that of course. image
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,607 ✭✭✭✭✭
    I stick up for the collectors, not the dealers. The dealers don't need stickin' up. There's enough of that going on. image
  • stmanstman Posts: 11,352 ✭✭✭✭✭


    << <i>I stick up for the collectors, not the dealers. The dealers don't need stickin' up. There's enough of that going on. image >>



    After all this time You finally made me laugh!image
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    Steve, one of the biggest problems I see from behind the counter is collectors who want to be treated like dealers.

  • pennyanniepennyannie Posts: 3,929 ✭✭✭


    << <i>Steve, one of the biggest problems I see from behind the counter is collectors who want to be treated like dealers. >>



    Nah, they want to pay the same amount the dealer paid the tweakers for the silver they lifted from granddad. Then they expect you to buy there coins at redbook or trends pricing on coins that will sit in inventory for years.
    Mark
    NGC registry V-Nickel proof #6!!!!
    working on proof shield nickels # 8 with a bullet!!!!

    RIP "BEAR"
  • FullStrikeFullStrike Posts: 4,353 ✭✭✭
    Yes yes no more Dealer bashing. You Coin Sheeple need to conform to the Coin Consumers credo. Bend over and just drink
    the Koolaide.


    Bunch of no good idiots. Stop resisting. image
  • AmigoAmigo Posts: 966
    Bunch of no good idiots. Stop resisting.

    LOL, isn't that the truth. I think the OP by now realizes what a silly idea he had that all us collectors should just lube up and take it without so much as a word to fellow collectors. Funny thread.

    Keets, I don't know you. But you talk like a Dealer, walk like a Dealer and therfore you must be a Dealer. Why is it that you take great pride is trying to state otherwise ? You need to take a good look in the mirror. Do you stand behind the Counter ? Do you offer low below wholesale prices to customers ? Did you get a gonga deal for your Boss on that 1901 s ? Do you complain about the lack of knowledge and what collectors expect in your shop ? Do you denigrate collectors at times ?

    I think of myself as a collector and Dealer. To be a Dealer, you have to make a profit. I'm not ashamed of that. You shouldn't neither. If you're "mostly" honest ..... be proud to be a Dealer.

    I heard back today from a Dealer I offerered an item to. Not a coin Dealer. I offerered an item that last sold at Auction 8 yrs ago for $6500 This was thru email to a Dealer across country. His offer was for $200 I find it very unlikely he doesn't have a much better understanding of the value. It's a unique one of a kind Sterling Tiffany item. So yes Keets, us collectors would like to be treated like Dealers. We'd like to be treated like some of us have knowledge and don't try to bend us over so far because you think we're all ignorant. I'm not going to name the Dealer. I'll tell you why. He has to make a living if he's going to stay in the Market. Every collector genre has to have Dealers to keep it alive and liquid. It simply isn't possible for a Dealer to make what uniformed collectors think is a reasonable profit and keep the doors open. Sometimes those Dealers will bend a customer over much further to the point of being heartless. Does that leave a few collectors with a bad taste in their mouth ? Well.... YES. If we happen to like getting it off our chests on a public forum without naming names, then let us have our fun. We've earned it thru our "education" !!!

    Excuse my long winded rant, wine does that to me. I'll probably edit this post out tomorrow.

  • TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭
    The funny part is that the "Dealer Bashing" thread was much more tame and mild than this "Please don't bash the Dealers" thread.

    No idea why....
    Easily distracted Type Collector
  • PerryHallPerryHall Posts: 46,843 ✭✭✭✭✭


    << <i>

    << <i>Steve, one of the biggest problems I see from behind the counter is collectors who want to be treated like dealers. >>



    Nah, they want to pay the same amount the dealer paid the tweakers for the silver they lifted from granddad. Then they expect you to buy there coins at redbook or trends pricing on coins that will sit in inventory for years. >>


    Thanks for a good example of collector bashing. Of course, what you say is true but so is much of what is said when collectors bash dealers. Let's face it---there are bad people on both sides of the table. The funny thing is that the dealers that I've known for a long time and are personal friends are more likely to bash other dealers that collectors who are their customers. On more than one occasion, a dealer friend has warned me not to take a check from a certain other dealer.

    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

  • JJMJJM Posts: 8,089 ✭✭✭✭✭
    This forum is like the Yelp of the coin industry.... should contributors to that site stop "bashing" hotels and restaurants?

    Agree! I own a restaurant and I take it very seriously, We (owners) live and die with Yelp and Trip Advisor, Facebook.....It
    really keeps you on your toes knowing every customer can put both good and bad reviews up there........

    Ive been on both sides of the coin show tables as well, and it doesnt kill ya to be nice, and it does increase sales, etc....

    Coin Dealers are lucky, that there isnt a larger well known forum for people to check them out...........

    Unconstructive bashing is a bad thing, and can spiral out of control quickly, i'll giva ya that....

    If you dont like people
    dont like what your doing
    cant do customer service

    do something else...........
    👍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
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,607 ✭✭✭✭✭


    << <i>This forum is like the Yelp of the coin industry.... should contributors to that site stop "bashing" hotels and restaurants?

    Agree! I own a restaurant and I take it very seriously, We (owners) live and die with Yelp and Trip Advisor,.....It
    really keeps you on your toes knowing every customer can put both good and bad reviews up there........

    Ive been on both sides of the coin show tables as well, and it doesnt kill ya to be nice, and it does increase sales, etc....

    Coin Dealers are lucky, that there isnt a larger well known forum for prople to check them out...........

    Unconstructive bashing is a bad thing, and can spiral out of control quickly, i'll giva ya that....

    If you dont like people
    dont like what your doing
    cant do customer service
    do something else…........ >>




    That's right.

    You're gonna love this…. maybe
  • dbcoindbcoin Posts: 2,200 ✭✭


    << <i>This forum is like the Yelp of the coin industry.... should contributors to that site stop "bashing" hotels and restaurants?

    Agree! I own a restaurant and I take it very seriously, We (owners) live and die with Yelp and Trip Advisor,.....It
    really keeps you on your toes knowing every customer can put both good and bad reviews up there........

    Ive been on both sides of the coin show tables as well, and it doesnt kill ya to be nice, and it does increase sales, etc....

    Coin Dealers are lucky, that there isnt a larger well known forum for prople to check them out...........

    Unconstructive bashing is a bad thing, and can spiral out of control quickly, i'll giva ya that....

    If you dont like people
    dont like what your doing
    cant do customer service

    do something else........... >>



    interesting observation
  • CatbertCatbert Posts: 7,607 ✭✭✭✭✭
    A Good Dealer Can Be a Great Ally

    While buying certified collectibles is of primary importance, it is still imperative that you deal with a seller you trust and one who assists you with your collecting goals. This isn't just about being treated fairly as a customer; the seller can be a great resource of information as well. You can learn from his travels and experiences. Since dealers make their living buying and selling collections, they have seen more collectibles than most hobbyists can dream of.

    A good dealer is not one who simply sells you items at a good price. A good dealer is one who helps his customers learn more about what they are collecting, imparting knowledge on the people who support them. A good dealer is also someone who may be able to help you sell or trade the item once you decide to let it go. Remember, a good seller can be a good buyer or broker when the time comes for you to part with the item. If a dealer is not willing to support the product or assist you when you need to sell, that is usually a bad sign.

    The good news is there are sellers who have the knowledge and are happy to share it with you. There are also dealers who provide a complete service and are willing to build relationships with their clients. You just need to find them. Trust me; it will be worth your while. Research is the key. Talk to fellow collectors and peruse a seller's website so you can fully understand the track record of the person you are considering buying from.


    Tips for building a great collection

    Seems to me that the advice above is spot on. So, rather than bemoaning dealers that don't treat us right, spend your energy finding ones that do and buy from them.
    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • telephoto1telephoto1 Posts: 4,962 ✭✭✭✭✭
    This forum is like the Yelp of the coin industry.... should contributors to that site stop "bashing" hotels and restaurants?

    Sorry but this forum is not like Yelp. On Yelp, you actually know the name and location of the business in question. People complaining here are seldom specific, only speaking in generalities or repeating the stereotypes ("they all rip off widows", etc.) with nothing to back up their assertions other than vague/anecdotal/otherwise unverifiable statements ("I was hanging out at my local shop and saw the guy pay 5 cents each for 3 leg buffaloes but I don't want to mention names because he's a great guy otherwise", etc.). There is also a difference between honestly relaying an actual experience and libel/defamation...some Yelpers, etc. are finding this out the hard way-some commenters have never been actual customers of the businesses they berate, and the businesses are fighting back. Legend going after that I-got ripped-off site is a good example from our industry.

    All JMHO.

    RIP Mom- 1932-2012
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    I've been on both sides of the table and can dealer or collector bash. However, the collector "stories" have never really cost me anything except time or aggravation. My negative dealer experiences have often cost me
    in $tens of thousands. I'd rather not see every fresh generation of collector have to pay that "entry" fee. But, that is apparently what some people would like. Do you implicitly trust your used or new car dealer? How about your
    local auto mechanic? To those that answered yes to both of those questions you are in the top 1% of the entire country. So why should we implicitly trust a coin dealer? Life insurance agent? Jeweler? Oriental Rug dealer?
    Furniture or Antique dealer? Palm Reader? That trust has to be earned over time. And once that trust is earned then it means something. Hanging out a shingle with the acronyms Life Member ANA, PCGS, NGC, ICTA, NSDR, etc.
    doesn't necessarily mean you found the right dealer. In fact a dealer with all those acronyms just happened to be the guy who stole the most money from me. My point to collectors? Due your due diligence and don't let your
    guard down.

    In my 40+ years in the business world I've found 1 auto mechanic and 1 coin dealer I can and will implicitly trust. Their word is their bond and it means everything. They are hard to come by. The car dealers, jeweler, and those
    others I'm still working on. image

    You get what you "inspect," not what you "expect." Finding the right mentor early on is invaluable. The lack of one makes your job that much harder.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    I generally don't even bother opening the bashing or why someone drinks threads.
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • dbcoindbcoin Posts: 2,200 ✭✭


    << <i>This forum is like the Yelp of the coin industry.... should contributors to that site stop "bashing" hotels and restaurants?

    Sorry but this forum is not like Yelp. On Yelp, you actually know the name and location of the business in question. People complaining here are seldom specific, only speaking in generalities or repeating the stereotypes ("they all rip off widows", etc.) with nothing to back up their assertions other than vague/anecdotal/otherwise unverifiable statements ("I was hanging out at my local shop and saw the guy pay 5 cents each for 3 leg buffaloes but I don't want to mention names because he's a great guy otherwise", etc.). There is also a difference between honestly relaying an actual experience and libel/defamation...some Yelpers, etc. are finding this out the hard way-some commenters have never been actual customers of the businesses they berate, and the businesses are fighting back. Legend going after that I-got ripped-off site is a good example from our industry.

    All JMHO. >>



    All the slander on the ripoff site is still there, BTW

    Re Yelp, if you PM posters, they will give you specific names and addresses. So in that essence, they are like Yelp
  • BarberFanaticBarberFanatic Posts: 671 ✭✭✭✭
    Life isn't all rainbows and gumdrops. I'm immediately skeptical of anyone who only wants to hear positive things. The acquisition of knowledge requires that the bad be discussed with the good. It's been my experience that the ones who are quick to say they only want the positive stories are generally the ones with something to hide.
    My current coin collecting interests are: (1) British coins 1838-1970 in XF-AU-UNC, (2) silver type coins in XF-AU with that classic medium gray coloration and exceptional eye appeal.
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    image So this dealer walks in a bar. image


    Hoard the keys.
  • DennisHDennisH Posts: 14,011 ✭✭✭✭✭


    << <i>If you ever get the chance, spend some time behind the cases with a dealer friend of yours at a large show. I guarantee you it will be a very enlightening experience. You will get to see firsthand some of the bullcrap that these fellows have to deal with on a regular basis. >>

    I've done that several times, including a summer ANA shows, FUN, and multiple Long Beach shows. My number one takeaway is that nothing comes close to the annoyance of dealing with a minority of other dealers.
    When in doubt, don't.
  • brg5658brg5658 Posts: 2,399 ✭✭✭✭✭


    << <i>If you ever get the chance, spend some time behind the cases with a dealer friend of yours at a large show. I guarantee you it will be a very enlightening experience. You will get to see firsthand some of the bullcrap that these fellows have to deal with on a regular basis. >>



    Correct me if I'm wrong, but I'm pretty sure dealers choose their careers. Is someone forcing them into coin dealer servitude?

    If one chooses a career of selling coins, then dealing with customers (the good and bad) goes along with the territory.

    If a dealer doesn't want to give me the time of day, I'll gladly pass right by his/her table. You reap what you sow.
    -Brandon
    -~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-
    My sets: [280+ horse coins] :: [France Sowers] :: [Colorful world copper] :: [Beautiful world coins]
    -~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-

  • pennyanniepennyannie Posts: 3,929 ✭✭✭


    << <i>

    << <i>If you ever get the chance, spend some time behind the cases with a dealer friend of yours at a large show. I guarantee you it will be a very enlightening experience. You will get to see firsthand some of the bullcrap that these fellows have to deal with on a regular basis. >>

    I've done that several times, including a summer ANA shows, FUN, and multiple Long Beach shows. My number one takeaway is that nothing comes close to the annoyance of dealing with a minority of other dealers. >>




    Everytime I set up at a show multiple times everyday someone will come up to the table and look at a few things and then ask for best price or make and offer. So I will tell them xxx and the very next word out of there mouth is I am a dealer and need it at yyy so I can flip it for profit. They only want these discounts on the fast moving inventory. The worst part is they believe they deserve the discount. Why do I want to discount an item that I consider a easy sale at 25 percent higher prices?

    The other tactic is to be bombarded while you are setting up and they start grabbing and knocking your stuff all the while they are hot to trot to buy it.


    Darn now this is dealer/dealer bashing. Just call this the "feels intitled dealer/collector" senerio

    Mark
    NGC registry V-Nickel proof #6!!!!
    working on proof shield nickels # 8 with a bullet!!!!

    RIP "BEAR"
  • BAJJERFANBAJJERFAN Posts: 31,308 ✭✭✭✭✭
    Don't forget too that there is a difference between threads about negative dealers and negative threads about dealers.
    theknowitalltroll;
  • LochNESSLochNESS Posts: 4,829 ✭✭✭
    You guys and ladies are overlooking the simplest explanation. Human nature. People don't usually bother posting positive reviews because they expect to be treated positively. It takes a lot to make someone take the time to go online and post a positive review. Often you have to blatantly request it. Many stores even offer incentives on their receipts - "take our short survey and get $5 off your next order" - and most folks still don't bother.

    However, piss someone off and the FIRST thing they'll do is write a negative review. They will even lie and make up stories and exaggerate to make you sound like the most horrible business on earth. That is human nature, unfortunately. And that is why Yelp and message boards often seem to be 90% bashing. Because the positive stories don't get posted.

    If a business has been in business for more than 3-5 years, they probably have a ton of success stories and happy customers despite not one positive review on Yelp. Think about it. Who's paying their bills? Easter bunny? Either they are really good at hiding and running, or they're decent folks.
    ANA LM • WBCC 429

    Amat Colligendo Focum

    Top 10FOR SALE

    image
  • ElcontadorElcontador Posts: 7,686 ✭✭✭✭✭
    Another point, and I hope this is not off topic. Numismatics is a small community. Dealers know about one another. You'd be amazed what I hear just because I know 'people.'
    There are some dealers out there whose names you would instantly recognize that are considered good guys and easy to deal with when it comes to wholesaling coins, selling product to other dealers to help them fill want lists, etc. But, some of these very people price their merchandise so high, I never look at their coins.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • LochNESSLochNESS Posts: 4,829 ✭✭✭
    Yes but that's ok because retail isn't their focus. Just like movie theaters charge way more for candy than a candy store or supermarket because the theatre is selling convenience, not candy image
    ANA LM • WBCC 429

    Amat Colligendo Focum

    Top 10FOR SALE

    image
  • NicNic Posts: 3,411 ✭✭✭✭✭
    I learned early in life that the word ignorance is not an insult. It just means lack of knowledge.

    Bashing dealers is ignorant.

    image
  • EurekaGoldEurekaGold Posts: 150 ✭✭


    << <i>Anybody besides me, a full time dealer, sick and tired about all the negative dealer treads?

    njcc >>




    What I am taking away from this is that YOU never bash any dealers. Can you tell us ALL here that you don't? If you say you don't, then you are nothing but a liar. period.

    All you need is ignorance and confidence and the success is sure - Mark Twain
  • 3keepSECRETif2rDEAD3keepSECRETif2rDEAD Posts: 4,285 ✭✭✭✭✭


    << <i>

    << <i>Anybody besides me, a full time dealer, sick and tired about all the negative dealer treads?

    njcc >>




    What I am taking away from this is that YOU never bash any dealers. Can you tell us ALL here that you don't? If you say you don't, then you are nothing but a liar. period. >>



    ...no offense but as a gambling man, I'll lay the odds down at 3/1 that says your handle is an ALT... I mean with almost five years a member and only a 94 post count, how could one blame me image

    Erik
  • PerryHallPerryHall Posts: 46,843 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Anybody besides me, a full time dealer, sick and tired about all the negative dealer treads?

    njcc >>




    What I am taking away from this is that YOU never bash any dealers. Can you tell us ALL here that you don't? If you say you don't, then you are nothing but a liar. period. >>



    ...no offense but as a gambling man, I'll lay the odds down at 3/1 that says your handle is an ALT... I mean with almost five years a member and only a 94 post count, how could one blame me image

    Erik >>



    Alt or not, it's a very interesting question and I'm waiting for a response from the OP. Dealers are human and you can be sure they form opinions about other dealers that they buy from and sell to. You can be sure they voice those opinions to other dealers and collectors friends that are regular customers.

    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

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file