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Things Coin Dealers Do Want You To Know

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    numismanumisma Posts: 3,877 ✭✭✭✭
    I will get it started with these three "things":

    1) We greatly appreciate your business!

    2) As with any business, there are good merchants and not-so-good merchants. Please do not stereotype coin dealers. Base your opinions on real-world experiences with each dealer.

    3) It is not a good idea to put your 84 ounce Slurpee (or similar beverage) on a coin dealer's case at a show--especially if said dealer has his or her currency on display.
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    crypto79crypto79 Posts: 8,623
    The most any piticular issue has ever sold for.
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    JerseyJoeJerseyJoe Posts: 460 ✭✭
    Depends on the type of dealer. A great dealer wants you to be educated so you can appreciate the
    value of the coins you collect. They stand behind their product and both parties are happy at the
    conclusion of a deal. They develop repeat customers.


    Poor dealers discourage you from gaining knowledge from anyone but them. Often leave you feeling
    ok about the deal at the time but later you won't be so happy.
    A bird sitting on a tree is never afraid of the branch breaking because it's trust is not in the branch but it's own wings.
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    CoinZipCoinZip Posts: 3,253 ✭✭✭
    We could not do it without you !!!

    Coin Club Benefit auctions ..... View the Lots

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    CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,689 ✭✭✭✭
    That we look high and low for really nice coins, make a two-way market in them, offer a no questions asked return policy if you are not delighted and try very hard to develop long term relationships with customers.

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    cmerlo1cmerlo1 Posts: 8,062 ✭✭✭✭✭
    While we love and appreciate our customers, they are not always right.
    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
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    leothelyonleothelyon Posts: 8,552 ✭✭✭✭✭
    <Things Coin Dealers Do Want You To Know >

    That everything they sell is rare, a bargain and NICE for the grade. image

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

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    DaveWcoinsDaveWcoins Posts: 1,185 ✭✭✭
    We realize that people participate in this hobby because they enjoy it. This is a leisure time activity for our customers, though it is a business for we dealers.

    If collectors do not enjoy their experience, they will eventually lose interest.

    Making sure collectors enjoy the overall coin collecting experience is crucial to the long term health of this great hobby.
    Dave Wnuck. Redbook contributor; long time PNG Member; listed on the PCGS Board of Experts. PM me with your email address to receive my e-newsletter, and visit DaveWcoins.com Find me on eBay at davewcoins
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    WalkerfanWalkerfan Posts: 10,325 ✭✭✭✭✭
    That it's business and nothing personal.

    That they DO appreciate your business.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    All of the coins we offer have great eye appeal as each coin is hand picked for it's eye appeal in the first place.

    We only deal in major mint errors and we DO NOT have anything to do with VAMs, double dies or RPM's.

    The true rarity of most major mint errors, especially the major modern errors after 2001.

    If you want an opinion on the coin that you think is an error, then I will gladly give it as long as you know in advance that odds are you have a PMD coin.

    My Name: Christopher Talbot Frank as in CTF Error Coins



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    leothelyonleothelyon Posts: 8,552 ✭✭✭✭✭


    << <i>We realize that people participate in this hobby because they enjoy it. This is a leisure time activity for our customers, though it is a business for we dealers.

    If collectors do not enjoy their experience, they will eventually lose interest.

    Making sure collectors enjoy the overall coin collecting experience is crucial to the long term health of this great hobby. >>



    With practically every dealer at the CSNS showing telling us everything was at NET prices which means no negotiating, I kind of wasn't getting that, 'overall coin collecting experience (that) is crucial to (this) long term health of this great hobby' you're talking about. Of course, we simply did not buy from those dealers.


    But than again, there's always the problem with those who don't negotiate and the dealer knows he has the coin priced too high so what's he to do? A very tricky situation, it is if you want a satisfied customer.

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

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    JJSingletonJJSingleton Posts: 1,402 ✭✭✭✭✭


    << <i>That we look high and low for really nice coins, make a two-way market in them, offer a no questions asked return policy if you are not delighted and try very hard to develop long term relationships with customers. >>

    Excellent post.

    Joseph J. Singleton - First Superintendent of the U.S. Branch Mint in Dahlonega Georgia

    Findley Ridge Collection
    About Findley Ridge

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    WalkerfanWalkerfan Posts: 10,325 ✭✭✭✭✭


    << <i>

    << <i>That we look high and low for really nice coins, make a two-way market in them, offer a no questions asked return policy if you are not delighted and try very hard to develop long term relationships with customers. >>

    Excellent post. >>



    image

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

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    BoosibriBoosibri Posts: 12,694 ✭✭✭✭✭


    << <i>

    << <i>We realize that people participate in this hobby because they enjoy it. This is a leisure time activity for our customers, though it is a business for we dealers.

    If collectors do not enjoy their experience, they will eventually lose interest.

    Making sure collectors enjoy the overall coin collecting experience is crucial to the long term health of this great hobby. >>



    With practically every dealer at the CSNS showing telling us everything was at NET prices which means no negotiating, I kind of wasn't getting that, 'overall coin collecting experience (that) is crucial to (this) long term health of this great hobby' you're talking about. Of course, we simply did not buy from those dealers. >>



    If coins were priced fairly for their quality, eye appeal, etc. what is the problem? I find that with the dealers I routinely work with I have very little reason to negotiate.
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    jdimmickjdimmick Posts: 9,965 ✭✭✭✭✭
    How strong they are in a certain coin they are trying to sell you because they had to stretch when they bought it so you don't feel sticker shock when they quote you a price.
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    MGLICKERMGLICKER Posts: 7,995 ✭✭✭
    When selling I have found that some dealers are quick to minimize the quality of your coin. This has never led to a transaction.
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,090 ✭✭✭✭✭
    That I love them and hope they eat fruit in the morning. Veggies at lunch and beer for dinner. ( Okay, 2 out of 3 ain't bad)
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    Walkerguy21DWalkerguy21D Posts: 12,121 ✭✭✭✭✭


    << <i>A great dealer wants you to be educated so you can appreciate the
    value of the coins you collect. They stand behind their product and both parties are happy at the
    conclusion of a deal. >>


    This! Though I only dabble as a part time dealer, I far prefer working with experienced, educated collectors who know a good coin
    when they see one, and know the price is fair, pull the trigger when I offer it to them, and are thrilled when they receive it. I believe
    many other dealers feel this same way.

    Successful BST transactions with 177 members. breakdown, scotty1419, mattniss, bigjpst, onlyroosies, Manorcourtman, guitarwes, 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
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    JJSingletonJJSingleton Posts: 1,402 ✭✭✭✭✭


    << <i>I will get it started with these three "things":

    1) We greatly appreciate your business!

    2) As with any business, there are good merchants and not-so-good merchants. Please do not stereotype coin dealers. Base your opinions on real-world experiences with each dealer.

    3) It is not a good idea to put your 84 ounce Slurpee (or similar beverage) on a coin dealer's case at a show--especially if said dealer has his or her currency on display. >>

    Hey Dennis, you mean like this?image

    image

    Joseph J. Singleton - First Superintendent of the U.S. Branch Mint in Dahlonega Georgia

    Findley Ridge Collection
    About Findley Ridge

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    RYKRYK Posts: 35,801 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>That we look high and low for really nice coins, make a two-way market in them, offer a no questions asked return policy if you are not delighted and try very hard to develop long term relationships with customers. >>

    Excellent post. >>



    image >>

    image
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    magikbillymagikbilly Posts: 6,780


    << <i><Things Coin Dealers Do Want You To Know >

    That everything they sell is rare, a bargain and NICE for the grade. image >>



    Know, not believe image

    Eric
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    NewEnglandNotesNewEnglandNotes Posts: 301 ✭✭✭


    << <i>Poor dealers discourage you from gaining knowledge from anyone but them. Often leave you feeling
    ok about the deal at the time but later you won't be so happy. >>



    There used to be a B&M that I frequented as a YN. Looking back, I bought a lot of crap from him based on his "expertise", and assurance that it was a great deal. Whenever I would mention purchasing a coin or note from another dealer, he would get irate, giving me the "loyalty" guilt trip. As I got older, I discovered that the dealers he badmouthed the most turned out to be the most fair and honest ones, who I still deal with to this day.
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    numismanumisma Posts: 3,877 ✭✭✭✭

    Hey Dennis, you mean like this?

    That is exactly what I mean. I remember that show well. That was MadMarty's rubber chicken and I made a citizen's arrest for putting its drink on my showcase. The chicken was booted from the show and MadMarty was fined $1 and informed that he could never run for an ANA Governor's seat. To this day, that is the only reason that MadMarty has never ran for office at the ANA.

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