Why vest pocket dealers drink , Part I

I recently bought a small collection of almost everything: Morgan & Peace dollars, 90%, 40%, silver nickels, mostly lower grade Indian heads, some foreign .....
I listed the common circulated silver dollars on my local Craigslist for a reasonable price of around $23 each. Later that day, I got an email letting me know that the melt value of each piece was about $10.85. This guy said he would graciously offer me $11 each.
I replied back that I would buy every one he had for that much.
Funny..., I never heard back from him!
I listed the common circulated silver dollars on my local Craigslist for a reasonable price of around $23 each. Later that day, I got an email letting me know that the melt value of each piece was about $10.85. This guy said he would graciously offer me $11 each.
I replied back that I would buy every one he had for that much.
Funny..., I never heard back from him!
Yorkshireman,Obsessed collector of round, metallic pieces of history.Hunting for Latin American colonial portraits plus cool US & British coins.
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BHNC #203
My most recent one, which actually made me laugh, was a quick email exchange.
Someone posts an ad on kijiji (same as CL) asking $120,000 for their coin collection. Extremely brief description, no photos. I email them asking for more information on the collection and ask if they'd be open to a fair wholesale offer. I get the old "I have invoices and won't take less than I paid!" line and "I don't have all day to make a list of what I have".
I politely explain that I am a dealer who needs to make a profit on what I buy, but that I do pay fair prices. I also explain that if he wants to get anywhere near as much as he wants out of his collection, he'll need to put in some work to make a list.
He writes back:
"so ur a dealer eh, whats that supposed to give u some sort of a special status ? not interested in ur problems !"
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
As a vest pocket dealer myself, I have lots of these stories too
My most recent one, which actually made me laugh, was a quick email exchange.
Someone posts an ad on kijiji (same as CL) asking $120,000 for their coin collection. Extremely brief description, no photos. I email them asking for more information on the collection and ask if they'd be open to a fair wholesale offer. I get the old "I have invoices and won't take less than I paid!" line and "I don't have all day to make a list of what I have".
I politely explain that I am a dealer who needs to make a profit on what I buy, but that I do pay fair prices. I also explain that if he wants to get anywhere near as much as he wants out of his collection, he'll need to put in some work to make a list.
He writes back:
"so ur a dealer eh, whats that supposed to give u some sort of a special status ? not interested in ur problems !"
Sounds like seller needs "special (ed) status"!
As a vest pocket dealer myself, I have lots of these stories too
My most recent one, which actually made me laugh, was a quick email exchange.
Someone posts an ad on kijiji (same as CL) asking $120,000 for their coin collection. Extremely brief description, no photos. I email them asking for more information on the collection and ask if they'd be open to a fair wholesale offer. I get the old "I have invoices and won't take less than I paid!" line and "I don't have all day to make a list of what I have".
I politely explain that I am a dealer who needs to make a profit on what I buy, but that I do pay fair prices. I also explain that if he wants to get anywhere near as much as he wants out of his collection, he'll need to put in some work to make a list.
He writes back:
"so ur a dealer eh, whats that supposed to give u some sort of a special status ? not interested in ur problems !"
Sounds like seller needs "special (ed) status"!
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Fortunately, the extremes (picture bell curve) do not represent the majority. Cheers, RickO
I always get a kick out of that one.