Sayings Dealers told you that stuck....
Broadstruck
Posts: 30,497 ✭✭✭✭✭
I'll start lets see how many we can get?
1.) If your unsure always go with your gut.
2.) You'll never loose your pants if your grading conservatively.
3.) Never buy anything you don't personally like to flip just because there's money left on the table.
1.) If your unsure always go with your gut.
2.) You'll never loose your pants if your grading conservatively.
3.) Never buy anything you don't personally like to flip just because there's money left on the table.
To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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Comments
Really good coins sell themselves, and don't need marketing help from a dealer.
Be careful about pedigrees---only a handful really amount to much.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
<< <i>Quality, not quantity, is what counts in a collection.
Really good coins sell themselves, and don't need marketing help from a dealer.
Be careful about pedigrees---only a handful really amount to much. >>
Sonorandesertrat, Those are some really good ones!
Problem coins will always be problem coins
Stuck so bad I asked: "What color is that sheeeeet ? "
As he was leaving, I said, "Excuse me sir , have you any Grey Poupon your shoes ? "
``https://ebay.us/m/KxolR5
Coin Rarities Online
In other words, if you can afford "only" a VG, look for the quality VG, instead of the first VG you come accross.
I dont collect, I buy and sell.
- Lester Merkin, NYC dealer
<< <i>"There is quality in every grade." >>
true!
"You don't want that cheap one. Imagine what I paid for it."
"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
Velocity, Not Valuation Defines A Bubble.
BU = buffed up, beat up & bent up
GrandAm
<< <i>"Sometimes the opportunity to buy a coin is rarer than the coin"
- Lester Merkin, NYC dealer >>
Corollary - sometimes a buyer for a coin is rarer than the coin itself.
<< <i>That coin is BU
BU = buffed up, beat up & bent up
GrandAm
BU = Been Used
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
I hear those words at least once a week when on the fence over a purchase.
Thought it was: Sayings Dealers told you that suck...
I guess this could apply to either:
Good luck finding another one....
1TwoBits
<< <i>I have never forgot the first dealer that said "That coin has been cleaned!!" when I first started collecting. >>
The real wake up call was hearing that about coins in TPG no-problem holders.
Market acceptable was the term used by the grading company executive.
Eric
I used to attend up in OH. His model was to make a little bit on a whole lot of coins, and he was successful at it.
"I was born at night, but not last night" - from another dealer acquaintance, after another dealer tried to talk down some coins and make lowball offers to him.
"Buy the best coins that you understand" - William Atkinson, the Coinsumer Advocate. This is so much more meaningful than buy the best you can afford.
- "The bitterness of poor quality remains long after the sweetness of low price is forgotten." (This is actually a quote from Benjamin Franklin, but it applies nonetheless)
- "A good dealer is one who not only sells coins but who gives away knowledge for free."
- "I focus on making customers, not sales. Every customer I keep is just one less I have to find."
"Sometimes the best deal is the one you passed on"
(not meaning you blew a good deal, but that it was
a good thing you passed on a deal that would have
turned out to be bad)
"A low information seller can be worse than the average mother-in-law."
"CASH is KING"
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
<< <i>"A low information seller can be worse than the average mother-in-law." >>
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
- Andy Skrabalak
Lance.
"How much did you pay to PARK today?"
I laughed at myself, and bought the more expensive, better coin.
If we were all the same, the world would be an incredibly boring place.
Tommy
It has been my experience that sometimes PCGS (in which I am a minor stockholder) often grades coins erratically, and in any event grading is a matter of opinion. He uses the word "sometimes" in that sentence and later in the same sentence uses the word "often".
That left me with a big HUH. Does that mean PCGS sometimes grades coins erratically or they often grade coins erratically? Bash away.
<< <i>"This is some good sh..." Wait, what kind of dealers are we talking about?
Cheech and Chong Numismatics, of course.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
Oh, I thought you were asking for sayings that suck. My bad.
<< <i>"This is some good sh..." Wait, what kind of dealers are we talking about?
Yeah but Dave's not here.
My Ebay Store
Never trade gold for cardboard.
"I don't buy ugly coins." -- Doug Winter
"[That coin] doesn't blow my dress up." -- Al Adams
"Nothing happens until somebody buys something." -- Q. David Bowers
It doesn't matter that it's CC#6, there are only 4 people doing that series by variety.
<< <i>If you don't make mistakes you are not buying enough >>
. . .
On the other hand, Mr. Weinberg and I have commiserated with each other about various extraordinary $10 Indians in extraordinary deals we could not resist buying back in the 80's.
At the '90 June LB show, Jay Miller and I bought a $10 Indian deal from MrE. Had an 08-S P67, 30-S P65, '07WE in P65, 20-S in N63, maybe 09-P and 14-P in N65, a few other dates, all gems. These coins were so neat that we ended up losing six figures on the deal.
If we had only held out for another six months, we could have lost double that. . .
The axiom I would impart is "The best time to take a loss is as soon as possible". . . .