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Are There Any Department Stores Left With Coin Counters?

RichRRichR Posts: 3,920 ✭✭✭✭✭
Since mentioning Macy's in a thread last night, I've received several private messages remembering "the good old days".

My personal favorites, having grown up in the NYC area, were the coin areas set aside in most larger Macy's and Gimbel's stores. You usually paid a bit of a premium but there was usually decent quality. And sometimes you could actually get a mis-priced deal/steal.

Hell...even the Woolworth's of my youth had a coin counter...and I think it revolved and had buttons to stop and reverse.

And now we don't even have coin stores anymore.

Can I get into a time machine and go back a few decades?

Comments

  • 291fifth291fifth Posts: 24,673 ✭✭✭✭✭
    They were a major distribution point for Library of Coins albums.
    All glory is fleeting.
  • DollarAfterDollarDollarAfterDollar Posts: 3,215 ✭✭✭✭✭
    I recently just bought a 1953 proof set from some hole in the wall drug store in Ohio. I'm sure they closed years ago.



    If you do what you always did, you get what you always got.
  • GoldbullyGoldbully Posts: 17,907 ✭✭✭✭✭
    Are There Any Department Stores Left With Coin Counters?



    Question will soon be, "Are There Any Department Stores Left?" image
  • mustangmanbobmustangmanbob Posts: 1,890 ✭✭✭✭✭
    Quasi Coin Related.

    Hallmark Card and Overpriced Gift Store had Ugly Christmas Silver Rounds in 2010. IIRC, they were $45 or $50 each. This was when silver was on the upward march to 50. I kept my eye on them, and they did not seem to move, as my wife worked at a public health clinic a couple doors away. On a whim, the day after Christmas, I checked, and all Christmas stuff was 1/2 off. They were near 1/2 or so the price of spot by that time. I forget how many they had, over 25, IIRC. I asked them how much if I took ALL of them, and they marked them down to 1/3 of retail. As I was paying for it, the manager asked me if I wanted more. I thought I had cleaned them out, but she checked her computer, and there were more (too long ago to remember, maybe 70 or so) locally at other stores. She put them on hold for me, again at 1/3 retail, and I just had to go pick them up and pay for them.

    All in all, there were about 100 of them, and they went straight off to be sold for melt price.

    A very nice Christmas.
  • rmpsrpmsrmpsrpms Posts: 1,947 ✭✭✭✭✭
    Originally posted by: mustangmanbob

    All in all, there were about 100 of them, and they went straight off to be sold for melt price.

    A very nice Christmas.


    Indeed! Nice story.

    PM me for coin photography equipment, or visit my website:

    http://macrocoins.com
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    None that I know of... and department stores are closing in this area... Macy's, Penny's... maybe Sears shortly....no coin shops... Cheers, RickO
  • krankykranky Posts: 8,709 ✭✭✭
    The OP brought me back to my early teenaged days when every once in a while in the summer I would take the bus downtown and spend the day making the rounds of coin shops and the department store coin areas. Maybe 6-7 places total. I'd buy one coin all summer, for a couple bucks. Man, I bet those shop owners were sick of me, but not one ever said a harsh word. I never pestered them but would gaze through the glass at all those different coins.

    mustangbob, great story!

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • johnny9434johnny9434 Posts: 29,176 ✭✭✭✭✭
    Originally posted by: Goldbully
    Are There Any Department Stores Left With Coin Counters?

    Question will soon be, "Are There Any Department Stores Left?" image


    with the internet id see even less in the future image
  • RichRRichR Posts: 3,920 ✭✭✭✭✭
    Those "old men"...never women...who were probably 10-15 years younger then I am right now...after you finally selected that special proof or mint set, they'd ask "What you want the box/envelope too?"

    And then they'd go digging around a junk drawer with all the wrinkled envelopes with a rubber band around them. So much for original mint packaging.

    Same with the GSA boxes...they toss a box and a random COA card at you...where the first 2 digits didn't always match the actual date on the coin!

    Ahhh...when times were simpler...
  • lordmarcovanlordmarcovan Posts: 43,795 ✭✭✭✭✭
    Originally posted by: mustangmanbob

    Quasi Coin Related.



    Hallmark Card and Overpriced Gift Store had Ugly Christmas Silver Rounds in 2010. IIRC, they were $45 or $50 each. This was when silver was on the upward march to 50. I kept my eye on them, and they did not seem to move, as my wife worked at a public health clinic a couple doors away. On a whim, the day after Christmas, I checked, and all Christmas stuff was 1/2 off. They were near 1/2 or so the price of spot by that time. I forget how many they had, over 25, IIRC. I asked them how much if I took ALL of them, and they marked them down to 1/3 of retail. As I was paying for it, the manager asked me if I wanted more. I thought I had cleaned them out, but she checked her computer, and there were more (too long ago to remember, maybe 70 or so) locally at other stores. She put them on hold for me, again at 1/3 retail, and I just had to go pick them up and pay for them.



    All in all, there were about 100 of them, and they went straight off to be sold for melt price.



    A very nice Christmas.






    Wow!


    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.

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