Home› U.S. Coin Forum

Name one dealer who is known for offering strong prices

coin22lovercoin22lover Posts: 3,542 ✭✭✭
in U.S. Coin Forum
I *personally* believe that consistently offering strong prices is one of the things that is common amongst the best of the best. I have a tendency, for better or worse, to permanently write off someone who has low balled me in the past.

I will start off with Julian Leidman.

Feel free to affirm someone else and/or mention your own.

Comments

  • SeattleSlammerSeattleSlammer Posts: 10,066 ✭✭✭✭✭
    image
  • Vbowling299Vbowling299 Posts: 1,878 ✭✭✭
    Julian in a good way or bad way?
    https://forums.collectors.com/home/leaving?allowTrusted=1&target=https://www.ebay.com/str/rochesternumismaticconsultation?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=tw-bhouzrjw&sssrc=3418065&ssuid=tw-bhouzrjw&widget_ver=artemis&media=COPY
  • coin22lovercoin22lover Posts: 3,542 ✭✭✭


    << <i>Julian in a good way or bad way? >>




    I mean when you offer your coins to dealers...the ones who offer you strong prices when you sell.
  • BuzzybestBuzzybest Posts: 932
    I checked his web site,and now I understand what the term "strong prices"means! I would definitely consider consigning any of my coins to him when ready to sell.
  • WTCGWTCG Posts: 8,940 ✭✭✭
    There is no single dealer or company that consistently offers the highest buy prices although dealers who are offered coins from series they are the most informed about tend to make the most competitive buy offers.

    For example, if someone walks up and offers me stabbed colonials my offers would be on the conservative side because my knowledge is more limited with those but if someone else walks up with slabbed Morgans I can make very fair offers usually without consulting a price guide because without hesitation I know what most dates and grades are worth and I know how much I can resell them for.
    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"
  • GoldbullyGoldbully Posts: 17,989 ✭✭✭✭✭


    << <i>I *personally* believe that consistently offering strong prices is one of the things that is common amongst the best of the best. I have a tendency, for better or worse, to permanently write off someone who has low balled me in the past.

    I will start off with Julian Leidman.

    Feel free to affirm someone else and/or mention your own. >>



    Bought this lustrous toned 1826 CBH from Julian in an NGC slab a few years ago in Baltimore......crossed to PCGS at equal grade with no problem(MS62).

    image

    I did pay strong money for this beauty, but I believe Julian was very fair in the final transaction.

    Sometimes the PCGS Price Guide becomes irrelevant in the end.....that's why they use the word "guide." image

  • PatchesPatches Posts: 1,700 ✭✭✭
    Harry Laibstain has always treated me well when I've offered stuff to him.
  • TomBTomB Posts: 22,097 ✭✭✭✭✭
    A good strategy is to attempt to sell coins to those dealers who routinely handle that type of coin. In other words, don't bring blast white Morgan dollars to those who only deal in early copper, don't bring circulated, common date Buffalo nickels to modern gold dealers and don't bring bags of foreign change to someone like me who sells superb US type.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    Bust and Seated I have always had good offers from Dick Osburn.

    Also Jack Beymer on most all coins.
  • rheddenrhedden Posts: 6,632 ✭✭✭✭✭
    I don't generally sell directly to dealers, but Rich Uhrich stands out as someone who does a great job placing consignments with Seated/Bust material and he takes a low percentage fee.

    In general, a weak/inexperienced dealer will try to buy material at lower prices because he/she is not confident in their own grading abilities and does not know how much they can get for any given coin. An expert/experienced dealer can pay higher prices because they know exactly what a coin grades, where to go with it, and what they can expect to get. Translation: sell to people who know their stuff.








  • TahoeDaleTahoeDale Posts: 1,785 ✭✭✭
    I get my strongest prices from collectors of the series both they and I collect. We tend to know more about
    the pops of difficult and eye appealing coins.

    I have yet dealt with a retail dealer who can pay what a collector pays for the right coins.
    TahoeDale
  • illini420illini420 Posts: 11,467 ✭✭✭✭✭
    The first time I ever went to the Long Beach show, I had an MS66 Liberty Nickel I was trying to sell. I offered it to several dealers at the show... a few offered me just barely above Greysheet for an MS65 example, others dogged the coin for being in an NGC slab and others just said not interested.

    I then noticed a dealer who had lots of high end Liberty Nickels in his case and offered it to him for sale. I had never met this dealer before and was surprised at his initial offer to purchase the coin as it was a little more than I was ever expecting for the coin in the first place. Sure it was a PQ example of the coin, but it still surprised me that the offer was so strong.

    Since that encounter I have been very pleased with all of my dealings with Andy of Angel Dee's. While Andy has not been interested in every coin I have shown him, when he does like a coin he is definitely fair and in my opinion is willing to offer strong prices for coins that are really worth it.

    Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448

  • BruceswarBruceswar Posts: 2,869


    << <i>A good strategy is to attempt to sell coins to those dealers who routinely handle that type of coin. In other words, don't bring blast white Morgan dollars to those who only deal in early copper, don't bring circulated, common date Buffalo nickels to modern gold dealers and don't bring bags of foreign change to someone like me who sells superb US type. >>



    This is very true. Knowing where to go with your product is key.
    The Bruce Lee Collection


    image
  • magikbillymagikbilly Posts: 6,780 ✭
    I try to sell collectors. They will often know much about their specialty and will pay for the attributes their knowledge and experience allows them to observe. This is especially true of photographs of eary Cunard liners 1907-1919. Same for 1939 NYWF slides.
    When I did sell to a dealer it my own old B&M - gave good prices (for good material). I sold $1200 in coins for $1100. I was happy. I made money too Unfortunately, the both died inside of a year. The profit - that was unintentional; I do not invest in coins, especially since the Benson Barber 1906 10C Pr issue. A good chuck said it was not original color, others PM'd and said the opposite. Did not seem a wise place to drop cash although I knew it was original. It had blessings from many respected voices here, and that was over a '92 DCAM (golden/dipped long aog). No one out there is forging brass porthole dogs or hand carved walnut friezes from Mauretania or bits of Lusitania's wreck (well, some are but easy to spot and I know who they are). As I often serve to authenticate, represent and place items in the right hands, I am pretty confident - so that is my focus since 2000. Unpublished unique candids. Now I am getting into glass plate negatives - it is FUN!


    Eric
  • abitofthisabitofthatabitofthisabitofthat Posts: 2,142 ✭✭✭
    Liz at JJ Teaparty is one of my favorites to sell to. She knows the market for PCGS graded Type coins as well as anyone, and is not afraid to step up and pay for rare and/or PQ coins. She is always one of my first stops (usually my first) when I bring my inventory to a show.

    merse

  • Walkerguy21DWalkerguy21D Posts: 11,725 ✭✭✭✭✭
    Like TomB was suggesting - if you want strong offers, offer the coins to the specialists, or dealers with a strong national presence.

    I've gotten over 'sheet' prices for better date seated halves from Dick Osborn, standing quarters from J. Klein, large cents from Chris McAwley.
    Better date walkers from Jack Beymer, better date Indian Cents, etc. from Liz at JJ Teaparty.
    CRO also paid me what I thought was 'near retail' for a nice bust half in an ANACs holder I had on the BST a few months back.
    Glenn (PonyExpress on the forum) has been a stong buyer for nice better date Barbers.
    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
  • georgiacop50georgiacop50 Posts: 2,909 ✭✭✭✭


    << <i>I checked his web site,and now I understand what the term "strong prices"means! I would definitely consider consigning any of my coins to him when ready to sell. >>



    This. Full retail for sure. But if he also pays strong and is able to stay afloat with this business model, more power to him!
  • RevDrBlimberRevDrBlimber Posts: 391
    I have seen the "highest prices paid" pretty much forever--is that a threat or a promise?

    I deal with Heritage because they have rigorous systematic buying programs. They look up last auction result and offer accordingly. I have dealt with Dale Larsen "the collector's friend" who is reasonable. I would keep in mind that dealers who need certain coins to replentish inventory are going to make reasonable offers around GS ultimately based on inspection.

    Lowest offers are from the hotel buyers and pawn shops. I have called some Coin World advertisers who have expensive ads; one of them said would I be willing to sell at "fire sale" prices?! It leads me to think they must get their material by lowball offers generally.
  • BAJJERFANBAJJERFAN Posts: 31,400 ✭✭✭✭✭


    << <i>I get my strongest prices from collectors of the series both they and I collect. We tend to know more about
    the pops of difficult and eye appealing coins.

    I have yet dealt with a retail dealer who can pay what a collector pays for the right coins. >>



    True, but trying to connect with the right collector is the hard part. When you have common widgets, it's hard to compete with the countless other collectors who are offering the same thing. In this market, if you bought from a retailer, you are going to have a hard time just breaking even. A coin collector is like a farmer; buys at retail and sells at wholesale and pays freight both ways. Frankly, there are plenty of dealers out there that if you buy from them, you'll have a hard time recouping your cost at sell/sale time.

    What the hobby needs is a GOOD collector to collector buy/sell venue.
    theknowitalltroll;
  • jesbrokenjesbroken Posts: 10,637 ✭✭✭✭✭
    I agree with abitofthis....Liz at Teaparty has alway treated me well in both selling to her and trading with her over the years.
    David Greenstein of HJBerk also comes to mind. I have traded and sold him coins for several years and always was treated fairly
    as to price.
    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
  • SaorAlbaSaorAlba Posts: 7,593 ✭✭✭✭✭


    << <i>A good strategy is to attempt to sell coins to those dealers who routinely handle that type of coin. In other words, don't bring blast white Morgan dollars to those who only deal in early copper, don't bring circulated, common date Buffalo nickels to modern gold dealers and don't bring bags of foreign change to someone like me who sells superb US type. >>



    Good advice, and BTW nice website.
    Tir nam beann, nan gleann, s'nan gaisgeach ~ Saorstat Albanaich a nis!
  • 123cents123cents Posts: 7,178 ✭✭✭
    For my material..Dick Osburn.
    image
  • MFHMFH Posts: 11,720 ✭✭✭✭

    I agree with Dale, you'll always do better with collectors who specialize in the coins you are selling.
    As well as Dealers who also specialize in that series. I have two dealers who I prefer to sell to, Liz Coggan
    and Glenn Holsonbake - both are Barber enthusiasts.

    If I collected other series, I know exactly who I'd go to.
    Mike Hayes
    ~~~~~~~~~~~~
    Coin collecting is not a hobby, it's an obsession !

    New Barber Purchases
  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    Should we start a thread that says, "List a dealer who always try's to Whack you??"
  • DrPeteDrPete Posts: 1,497 ✭✭✭
    As pointed out above, it depends on what you are trying to sell.

    I have found Harry Laibstain to offer strong prices on the coins that he handles.
    Dr. Pete
  • CommemDudeCommemDude Posts: 2,349 ✭✭✭✭✭
    When it comes to either consigning or buying coins from me outright, I have had the best offers and most professional interactions with Katy from Pinnacle and John at CRO.
    Dr Mikey
    Commems and Early Type
  • MrHalfDimeMrHalfDime Posts: 3,440 ✭✭✭✭
    "Liz at JJ Teaparty is one of my favorites to sell to. She knows the market for PCGS graded Type coins as well as anyone, and is not afraid to step up and pay for rare and/or PQ coins. She is always one of my first stops (usually my first) when I bring my inventory to a show."

    image

    I have done business with J. J. Teaparty for twenty-five years now, and although I usually buy from them, on several occasions I have also sold coins to Liz. She has always made strong offers for quality and rare coins. It is little wonder that the dealer that I turn to most often when I want to purchase quality coins also makes strong offers to purchase quality coins for their inventory.
    They that can give up essential Liberty to obtain a little temporary safety deserve neither Liberty nor safety. Benjamin Franklin
  • cupronikcupronik Posts: 773 ✭✭✭
    I think if a collector pays a fair current market price for a problem-free desireable coin and hopes to sell at a profit later on, he needs the market value to increase enough during time of ownership. I know this sounds basic, but IMO, the coin market for many coins has gone nowhere (or even decreased) during the past several years. Except for some registry set players trying to get top-pop singles many mint state twentieth century issues are cheaper today than, say 8-10 years ago.
  • VeepVeep Posts: 1,462 ✭✭✭✭
    My go to favorite: Gary Adkins
    "Let me tell ya Bud, you can buy junk anytime!"
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    I have been lowballed by a couple of the "strong buyers" mentioned in this thread, in cases where they sold me the coin in the first place. In one of the examples, I was offered a little bit more than 50% what I paid on a high four figure coin.

    Nonetheless, it really depends on the coin and circumstances and the overall relationship with the dealer.

    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    DLRC at ANA offered me MS64RB monies for a MS62RB and it wasn't even CAC'd image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • lkeigwinlkeigwin Posts: 16,894 ✭✭✭✭✭


    << <i>The first time I ever went to the Long Beach show, I had an MS66 Liberty Nickel I was trying to sell. I offered it to several dealers at the show... a few offered me just barely above Greysheet for an MS65 example, others dogged the coin for being in an NGC slab and others just said not interested.

    I then noticed a dealer who had lots of high end Liberty Nickels in his case and offered it to him for sale. I had never met this dealer before and was surprised at his initial offer to purchase the coin as it was a little more than I was ever expecting for the coin in the first place. Sure it was a PQ example of the coin, but it still surprised me that the offer was so strong.

    Since that encounter I have been very pleased with all of my dealings with Andy of Angel Dee's. While Andy has not been interested in every coin I have shown him, when he does like a coin he is definitely fair and in my opinion is willing to offer strong prices for coins that are really worth it. >>

    This has been my experience with Andy Skrabalak as well. When I show him good material he makes a strong offer. If I show him anything average or below he politely passes.

    I also like that Angel Dee's will credit me with my original purchase price when trading up, even if the upgrade is a different date/mm or series.
    Lance.
    Coin Photography Services / Everyman Registry set / BHNC #213
  • BuzzybestBuzzybest Posts: 932


    << <i>DLRC at ANA offered me MS64RB monies for a MS62RB and it wasn't even CAC'd image >>



    I think he's trying get a hold of you right now!!
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>

    << <i>DLRC at ANA offered me MS64RB monies for a MS62RB and it wasn't even CAC'd image >>



    I think he's trying get a hold of you right now!! >>



    I should have said "paid me" instead of offered me image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • Billet7Billet7 Posts: 4,923 ✭✭✭
    I think specialist dealers will usually offer strong prices for material that they know to be uncommon, which usually means the coin is highly sought after. These same dealers will not offer very much on coins in the series that are "nothing special" because they know that such can be had anywhere, at anytime, so it's not worth their effort unless it is purchased at a discount. Just a thought, not necessarily referring to anyone specifically.

    In my experience Rich Uhrich is one who offers strong prices for great material, both to me and to other people I talk to.
  • johnny9434johnny9434 Posts: 29,328 ✭✭✭✭✭


    << <i>"Liz at JJ Teaparty is one of my favorites to sell to. She knows the market for PCGS graded Type coins as well as anyone, and is not afraid to step up and pay for rare and/or PQ coins. She is always one of my first stops (usually my first) when I bring my inventory to a show."

    image

    I have done business with J. J. Teaparty for twenty-five years now, and although I usually buy from them, on several occasions I have also sold coins to Liz. She has always made strong offers for quality and rare coins. It is little wonder that the dealer that I turn to most often when I want to purchase quality coins also makes strong offers to purchase quality coins for their inventory. >>

    i like working with jj teaparty as well

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...