Try this
njcoincrank
Posts: 1,066 ✭✭
Generally I dont reply to threads, and rarely do I ever start one. But the continuous dealer bashing I read hear gave me a great idea.
For those of you who are so fond of grouping all dealers together as unscrupulous, thieving, devils in disguise, might I suggest that you make a pledge to yourself that you will only buy coins for your collection from other collectors for a year. During that time take notes of your interaction with said collectors about their grading abilities, trading stock, coin knowledge, and general ethics.
After a year I'd like you to read all your notes. I'm not asking you to post your results, just reflect on them and ask yourself if the behavior you hate so much is limited to coin dealers or perhaps it is found with equal frequency in all walks of life, collectors included.
njcc
For those of you who are so fond of grouping all dealers together as unscrupulous, thieving, devils in disguise, might I suggest that you make a pledge to yourself that you will only buy coins for your collection from other collectors for a year. During that time take notes of your interaction with said collectors about their grading abilities, trading stock, coin knowledge, and general ethics.
After a year I'd like you to read all your notes. I'm not asking you to post your results, just reflect on them and ask yourself if the behavior you hate so much is limited to coin dealers or perhaps it is found with equal frequency in all walks of life, collectors included.
njcc
www.numismaticamericana.com
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Comments
The recommendation to find some better dealers to work with is a good one.
I think that is an excellent suggestion, and I agree with your overall sentiment.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
are looking for. I feel that these collectors are always looking for the "DEAL", such as an AU58 coin at an XF40 price. You do not find these
type buys from professional, honest dealers, only the poor quality dealers who are not giving these collectors what they want, but only telling them so.
Therefore, when the coin grade or value is outed, the dealer is crooked. If everyone wanted a quality coin at a fair price, there are many, many
dealers who will sell you just that. Legends, Mark Feld, Dick Osburn, Angel Dee's just to name a few. But these people are not going to sell you a
high grade coin at a low grade price--won't happen. The less than honest dealers will make one these offers, but not follow through. I guess the point
I am poorly attempting to make, is that collectors who constantly complain about poor dealers, bring a lot of it upon themselves by selecting those
dealers promising the ridiculous. Sort of "If it sounds too good to be true, it is". JMO
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
These forums have a lot of positives, but the amount of dealer bashing is ridiculous. Most dealers began as collectors and the majority are good to great.
Sometimes one can look in the mirror and find the real problem but wouldn't admit it if their life depended on it.
Labeling a sector of individuals as being all the same because they are in the same business is plain out ignorant.
A few bad apples give the whole a bad look to some people, but it's stupid to think there aren't any good apples in the basket.
Too many positive BST transactions with too many members to list.
<< <i>Generally I dont reply to threads, and rarely do I ever start one. But the continuous dealer bashing I read hear gave me a great idea.
For those of you who are so fond of grouping all dealers together as unscrupulous, thieving, devils in disguise, might I suggest that you make a pledge to yourself that you will only buy coins for your collection from other collectors for a year. During that time take notes of your interaction with said collectors about their grading abilities, trading stock, coin knowledge, and general ethics.
After a year I'd like you to read all your notes. I'm not asking you to post your results, just reflect on them and ask yourself if the behavior you hate so much is limited to coin dealers or perhaps it is found with equal frequency in all walks of life, collectors included.
njcc >>
Excellent suggestion. Having worked both sides of the table, I can state with complete accuracy that there are good and bad on both sides. The same holds true for co-workers, professionals, repairmen, police officers, politicians, firemen, neighbors, doctors, and so on. At some point I would hope that we develop the maturity to understand this fact of life, and just move on. These threads about "I hate dealers" or "I hate collectors" are growing so incredibly old. Time to grow up.
Larry
<< <i>An excelent suggestion, although the main problem I see is finding collectors that are selling what you want/need. I look over the BST on a regural basis and have'nt found anything I need for my collection in quite sometime. >>
I think taking the first step can be problematic. I have never used BST,so therefore have no reputation or experience to cite. But if you would like to discuss BST with me,please pm me.
<< <i>
<< <i>An excelent suggestion, although the main problem I see is finding collectors that are selling what you want/need. I look over the BST on a regural basis and have'nt found anything I need for my collection in quite sometime. >>
I think taking the first step can be problematic. I have never used BST,so therefore have no reputation or experience to cite. But if you would like to discuss BST with me,please pm me. >>
edit to add: I also have never sold anything on the bay,and never will.
<< <i>Generally I dont reply to threads, and rarely do I ever start one. But the continuous dealer bashing I read hear gave me a great idea.
For those of you who are so fond of grouping all dealers together as unscrupulous, thieving, devils in disguise, might I suggest that you make a pledge to yourself that you will only buy coins for your collection from other collectors for a year. During that time take notes of your interaction with said collectors about their grading abilities, trading stock, coin knowledge, and general ethics.
After a year I'd like you to read all your notes. I'm not asking you to post your results, just reflect on them and ask yourself if the behavior you hate so much is limited to coin dealers or perhaps it is found with equal frequency in all walks of life, collectors included.
njcc >>
IMO the majority of disgruntlements with dealers stems from selling to them as opposed to buying from them. If one isn't in a hurry, I think most might agree that you will generally do better selling to collectors than you will selling to dealers. The biggest impediment seems to be a paucity of good venues by which to contact other collectors.
<< <i>An excelent suggestion, although the main problem I see is finding collectors that are selling what you want/need. I look over the BST on a regular basis and have'nt found anything I need for my collection in quite sometime. >>
Thus the need for dealers
I might add, no one forces anybody to sell or buy at a certain price. We all make the choice based on current needs, wants, etc. Additionally, a coin is only worth what somebody else is willing to pay for it, no matter what the red book says. Now, granted, someone else may be willing to pay more for a coin, or sell one for less, but that is the nature of a free market.
<< <i>
<< <i>An excelent suggestion, although the main problem I see is finding collectors that are selling what you want/need. I look over the BST on a regular basis and have'nt found anything I need for my collection in quite sometime. >>
Thus the need for dealers
I might add, no one forces anybody to sell or buy at a certain price. We all make the choice based on current needs, wants, etc. Additionally, a coin is only worth what somebody else is willing to pay for it, no matter what the red book says. Now, granted, someone else may be willing to pay more for a coin, or sell one for less, but that is the nature of a free market. >>
You sell a coin to a dealer for $200 and he sells it to another dealer for $225 and that dealer sells it to a customer for $265. So using the fact a coin is worth what someone is willing to pay, what is the true worth of the coin? Obviously the guy who had it originally would love to connect with the person willing to pay the $265.
It is the few idiots that give the industry a bad name.