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So just when you think a pawn shop is a waste of time....

SurfinxHISurfinxHI Posts: 2,677 ✭✭✭✭✭
There I am in a pawn shop. I ask to see if they have any Morgans. Out come 30 or so of them. I see two "nice" ones. I purchase them for $29 each. I get them graded....huh....


Line # Item # Cert # PCGS No. CoinDate Denomination Variety Country Grade
1 1 26799503 97143 1883 $1 USA MS64+DM
2 1 26799504 97143 1883 $1 USA MS64DM

Easily $1200-1500, depending on the market.

Should I tell them they don't know what they are doing, invite them here, or return them so they can learn from their mistakes? image

Seems to me that I used my knowledge and good dumb luck for once. Should I be punished for it? image
Dead people tell interesting tales.

Comments

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    tychojoetychojoe Posts: 1,336 ✭✭✭
    Awesome! Congrats!

    Deserves one of those "You Suck!" awards.
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    ibzman350ibzman350 Posts: 5,315
    You need to go back to see if they have any more.




    Herb
    image
    Remember it's not how you pick your nose that matters, it's where you put the boogers.
    imageimageimage
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    renman95renman95 Posts: 7,037 ✭✭✭✭✭


    << <i>There I am in a pawn shop. I ask to see if they have any Morgans. Out come 30 or so of them. I see two "nice" ones. I purchase them for $29 each. I get them graded....huh....


    Line # Item # Cert # PCGS No. CoinDate Denomination Variety Country Grade
    1 1 26799503 97143 1883 $1 USA MS64+DM
    2 1 26799504 97143 1883 $1 USA MS64DM

    Easily $1200-1500, depending on the market.

    Should I tell them they don't know what they are doing, invite them here, or return them so they can learn from their mistakes? image

    Seems to me that I used my knowledge and good dumb luck for once. Should I be punished for it? image >>



    Take the coins back. Show 'em what you scored. Then give them half of the projected yet unrealized windfall profits just to be fair.
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    keetskeets Posts: 25,351 ✭✭✭✭✭
    Should I tell them they don't know what they are doing, invite them here, or return them so they can learn from their mistakes?

    you should probably consider what you would be doing if they had returned from PCGS as "Counterfeit" or "Genuine" BB'd and let that be your guide.
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    slipgateslipgate Posts: 2,301 ✭✭
    The pawn shop probably paid less than melt for them. Your gain! Congrats!
    My Registry Sets! PCGS Registry
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    PerryHallPerryHall Posts: 47,534 ✭✭✭✭✭


    << <i>The pawn shop probably paid less than melt for them. Your gain! Congrats! >>


    Yup, What are the chances the pawn shop will share any of this wind fall profit with the person they bought these coins from?

    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

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    crypto79crypto79 Posts: 8,623
    Please post a link to the pawn shop so I can write to them and offer guidance and help with pricing.
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    Congratulations..... great finds.... hope you find more..Cheers, RickO
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    TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭
    Having just finished reading the other thread that you are obviously referring to, I say:

    CONGRATS!

    And thank you for not being intimidated by the jealous posters.

    I, for one, enjoy reading about the success of others.

    Frank

    BHNC #203

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    mozeppamozeppa Posts: 4,431 ✭✭✭
    anyone here know what a spoof is?image
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    TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭


    << <i>anyone here know what a spoof is?image >>



    yes, and I just wanted to encourage others to continue to post their finds.

    Frank

    BHNC #203

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    NotSureNotSure Posts: 3,052 ✭✭✭
    you should tell ME where that shop is!!!

    Kidding aside, very nice pickups, and great grades!! I'd not tell them a damn word. With grades like that (DM's for $29 ea???), sounds like this place is 'prime real estate', so to speak.
    I'll come up with something.
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,029 ✭✭✭✭✭
    The waste of time is trying to engage the brain of anyone who's mind is lost. Nice score. Let your conscience be your guide no matter what the eyes feast upon.
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    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    Now you need to place one on eBay for $49.99 BIN for good karma! imageimage

    Seriously nice score... Now I'll have to check my local pawn shop too image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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    BillJonesBillJones Posts: 35,802 ✭✭✭✭✭
    Congratulations!

    I limited general experience with pawn shop operators has been that they are about as friendly as junkyard dogs, especially when they found out that I knew something about coins. I would characterized it as "unwarranted hostility."

    The one exception was a shop in Florida that a coin dealer recommended to me to evaluate a silver tea service my father-in-law owns. They were friendly and quite professional.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    streeterstreeter Posts: 4,312 ✭✭✭✭✭
    Oh great, somebody left the servants door unlocked and the OFR spoofmeisters have time on their hands today. And some of the usual suspects have slithered in to add to the "discussion".

    Fabulous.
    Have a nice day
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    silverpopsilverpop Posts: 6,936 ✭✭✭✭✭
    Don't mind the minor people from the OFR not worth the trouble

    anyways good score

    opinions are words spoken by those who have little or no clue on the issue in front them

    likes do not pay bills, buyers do

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    topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    There's a need for a "take advantage of ignorance" coin site.
    Very low sellers fees and no removing items with a mistake in the listing.

    It should be popular. image
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    WaterSportWaterSport Posts: 7,038 ✭✭✭✭✭
    Persistent, Knowledge and Luck all pay off eventually. Nice going.

    WS
    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
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    sparky64sparky64 Posts: 7,062 ✭✭✭✭✭
    Nice rip! image

    "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

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    derrybderryb Posts: 38,557 ✭✭✭✭✭


    << <i>Seems to me that I used my knowledge and good dumb luck for once. Should I be punished for it? >>



    Maybe you will get your own American Coin Picker TV show.

    "A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."

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    AUandAGAUandAG Posts: 25,036 ✭✭✭✭✭
    Selling my car at Bed Bath and Beyond would not be wise. If I could sell it myself, and had the knowledge to do so, that
    would be best. But, sans that, then sell to a car dealer.

    Same with selling coins to a Pawn Shop. Eh', stupid idea in my opinion. Perhaps it was a pawn that did not get redeemed.

    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
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    SeattleSlammerSeattleSlammer Posts: 10,124 ✭✭✭✭✭
    64DMPLs for $29 apiece? Wow.
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,029 ✭✭✭✭✭
    A lot of people have bad experiences with pawn brokers, but they are an essential part of our society and an excellent place for bargains on "second hand" items .
    And during "bad times ", is when the best bargains are had.

    I love shopping at pawn shops for tools and instruments, etc. Usually don't have a lot of luck with coins. Would rather work for them (pawn shop numismatic dept.) than against them.
    Not often will the "classics" get by without closer scrutiny. So in that regard, from one "hopeful treasure hunter" to another. YOU SUCK….. I mean like a big dog.
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    oih82w8oih82w8 Posts: 13,054 ✭✭✭✭✭
    A return visit would deinately be warranted, but then again you passed on the other 28 on the first trip.

    I would go back just for giggles, they may been replensihed.
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
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    SurfinxHISurfinxHI Posts: 2,677 ✭✭✭✭✭
    Thanks guys!

    A return trip happens every time I'm home! No more dmpls, but several very nice toners have come from his shop....

    And NO way am I giving out the address of this particular gold mineimageimageimage

    I will tell you, though, it is in a very hot part of the country! image

    Happy hunting!!! I support the coin finders!!!
    Dead people tell interesting tales.
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    derrybderryb Posts: 38,557 ✭✭✭✭✭


    << <i>Thanks guys!

    A return trip happens every time I'm home! No more dmpls, but several very nice toners have come from his shop....

    And NO way am I giving out the address of this particular gold mineimageimageimage

    I will tell you, though, it is in a very hot part of the country! image

    Happy hunting!!! I support the coin finders!!! >>


    Honolulu?

    "A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."

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    SurfinxHISurfinxHI Posts: 2,677 ✭✭✭✭✭
    Nope....my parents home town....think real hot.....
    Dead people tell interesting tales.
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    johnny9434johnny9434 Posts: 32,427 ✭✭✭✭✭
    you did well. congrats image
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    sparky64sparky64 Posts: 7,062 ✭✭✭✭✭


    << <i>And NO way am I giving out the address of this particular gold mine >>


    Stay on the line a little bit longer. I've almost got the location pin-pointed and I'll be there in a few minutes. image

    "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

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    okracerokracer Posts: 436


    << <i>Nope....my parents home town....think real hot..... >>



    What is the current temp at that town right now?

    (so I can google and narrow down the location!.......image )




    ......I collect old stuff......
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    Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    I am calling BS on this. Coins were graded at the end of 2012.

    Oh I suppose some will say, but he did get them from a pawn shop a year and half ago. "Whatever" is what I say back, right now!
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    ajmanajman Posts: 1,359 ✭✭✭
    Congratulations! You inspire many of us to go out to the pawn shops of the world to do the same.
    Beer is Proof that God loves us and wants us to be happy -Benjamin Franklin-
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    SurfinxHISurfinxHI Posts: 2,677 ✭✭✭✭✭
    B/c I choose not to publish it in these forums when it happened, does that make it any less true? I find your comment insulting, and I have never said a cross word to you in my life. In fact, we have done business before.

    I have not tended to post anything on scores about coins on this board due to the reception that seems to be pervasive around here. Instead of good job, it is met with derision by a few....the whole point to my post was to point out this problem. I find it sad that we chase peeps away from posting due to this kind of behavior. I wonder how many have stopped posting here due to these problems....one can speculate though...

    I, for one, was super happy about AUandAG (Bob's) score a while ago.....

    I was also happy for TDN....

    I was sorely disappointed by the comments then posted into the TDN thread.

    EOM
    Dead people tell interesting tales.
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    ajmanajman Posts: 1,359 ✭✭✭


    << <i>Nope....my parents home town....think real hot..... >>

    It wouldn't be Phoenix would it? image
    Beer is Proof that God loves us and wants us to be happy -Benjamin Franklin-
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    SurfinxHISurfinxHI Posts: 2,677 ✭✭✭✭✭


    << <i>

    << <i>Nope....my parents home town....think real hot..... >>

    It wouldn't be Phoenix would it? image >>



    Hush now.....not saying anything other than "hot!" image
    Dead people tell interesting tales.
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    Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    OK, I take it back! I forgot about you! See what happens as we get older?

    I also won't tell everyone where to find that pawn shop.
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    Cougar1978Cougar1978 Posts: 9,777 ✭✭✭✭✭
    Way to go, great rip!

    I would go back on regular basis to see if any more.....

    I always have thought there was nothing in pawn shops for coins except overpriced, overgraded, cleaned junk. It appears I need to reconsider that view.
    Investor
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    GoldbullyGoldbully Posts: 18,501 ✭✭✭✭✭
    Amazing score, SurfinxHI......something to be said about being in the right place at the right time....Congrats! image
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    kazkaz Posts: 9,349 ✭✭✭✭✭
    Once again, specialized knowledge and a willingness to make the effort carries the day! Kudos!
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    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Nope....my parents home town....think real hot..... >>

    It wouldn't be Phoenix would it? image >>



    Hush now.....not saying anything other than "hot!" image >>



    Do you make a left before getting to Pinckney?

    imageimage
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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    Type2Type2 Posts: 13,985 ✭✭✭✭✭
    imageimageGo straiht to hell do not pass go do not collect $200 dollars. If you go back and give them more $$$ do you think they will do the same for you. I dont think so or will they call who ever they bought them from and tell them come back in we have more $$$ for you ya right. I will not tell any seller what they have just becuse if you do when you buy any thing from them they think you are getting a big lick or pick on every coin you buy so they will not want to sell to you and will try to bump up the price to the moon. I just say I know nothing nothing just me dumb Type2. image


    Edit: to add Nice pick keep it up. image


    Hoard the keys.
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    TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭
    congrats, great deal!
    Frank

    BHNC #203

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