@mach1ne said:
Laura is dealing in a six-figure world. Most of us peons love attending shows.
Perhaps her sales have declined at the shows because her prices are not competitive. When I was shopping for a $5 Liberty “widget” in MS-65, I priced one at Legend and then went to Heritage and purchased a coin in the same grade and quality for $1,000 less, a 30% saving.
CAC like hers? Really?
I doubt it. If not, then kindly stop slanting your facts to make Legend look bad.
Coins I have purchased thru Legend are top quality.... in line with market......best Source for DMPLs
@mach1ne said:
Laura is dealing in a six-figure world. Most of us peons love attending shows.
Perhaps her sales have declined at the shows because her prices are not competitive. When I was shopping for a $5 Liberty “widget” in MS-65, I priced one at Legend and then went to Heritage and purchased a coin in the same grade and quality for $1,000 less, a 30% saving.
CAC like hers? Really?
I doubt it. If not, then kindly stop slanting your facts to make Legend look bad.
Not even Pcgs let alone CAC. Sigh
Everyone is entitled to their opinion, but it's interesting that you have yet to post a picture of this type from your CAC approved inventory.
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 ... ?
@mach1ne said:
Laura is dealing in a six-figure world. Most of us peons love attending shows.
Perhaps her sales have declined at the shows because her prices are not competitive. When I was shopping for a $5 Liberty “widget” in MS-65, I priced one at Legend and then went to Heritage and purchased a coin in the same grade and quality for $1,000 less, a 30% saving.
CAC like hers? Really?
I doubt it. If not, then kindly stop slanting your facts to make Legend look bad.
Not even Pcgs let alone CAC. Sigh
Everyone is entitled to their opinion, but it's interesting that you have yet to post a picture of this type from your CAC approved inventory.
My opinion is that you failed to mention when accusing Legend of having 'non competitive prices' that you were comparing their Pcgs cac inventory to your ngc non cac purchase. Misleading only by accident? Or a continuation of a pattern of flat out disparagement...
I can go buy non cac ngc gem seated dollars at 30 cents on the dollar. Some of them might even eventually cross. And maybe even cac down the road. That doesn't mean the Pcgs cac coins on the market are overpriced.
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 ... ?
@tradedollarnut said:
The most shocking thing about all of this is that a Pcgs/CAC gem was only 30% more than non CAC Ngc.
This is a quote from you.
There is no mention of the coin just the plastic and stickers. I prefer PCGS CAC to non PCGS CAC. But 30% less regardless of the coin is ridiculous. Is the coin important?
Are you dense? There are three posts asking for you to post pictures of a CAC approved MS-65 Liberty $5 With Motto gold piece. A 1907-D example would be more convincing because that is tougher, which was the coin I wanted, although a 1906-D would have been okay too. I was looking to complete the "seven mints" $5 gold set with a coin that could double as a high grade type piece.
I know that you have to have a very PQ example that will prove me to be a fool. Just don't try to pass off an MS-66 example to prove you point.
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 ... ?
You don't collect gold, yet you condemned my coin as short as falling short of PCGS and CAC standards. Okay, the issue is closed.
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 ... ?
@tradedollarnut said:
The most shocking thing about all of this is that a Pcgs/CAC gem was only 30% more than non CAC Ngc.
This is a quote from you.
There is no mention of the coin just the plastic and stickers. I prefer PCGS CAC to non PCGS CAC. But 30% less regardless of the coin is ridiculous. Is the coin important?
No one is saying the coin is not important. It's just not surprising that PCGS CAC $5 Liberty would cost 30% or more then a NGC non CAC coin.
I was going to find one in the Legend archives but decided against it. It will only be second guessed and picked apart by those with an agenda or think they can grade with certainty by pics.
mark
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Whoever is flagging posts in this thread needs to stop. There has been nothing said that is worthy of such a disparaging designation. Just some good healthy back and forth that keeps this forum a great voice for the coin community.
@Goldbully said:
Whoever is flagging posts in this thread needs to stop. There has been nothing said that is worthy of such a disparaging designation. Just some good healthy back and forth that keeps this forum a great voice for the coin community.
@Goldbully said:
Whoever is flagging posts in this thread needs to stop. There has been nothing said that is worthy of such a disparaging designation. Just some good healthy back and forth that keeps this forum a great voice for the coin community.
I will flag every post where bj disparages legend
Easier to find later...
You're going to need a lot of flags. A trip to The Flag Store is in your future
mark
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
@Goldbully said:
Whoever is flagging posts in this thread needs to stop. There has been nothing said that is worthy of such a disparaging designation. Just some good healthy back and forth that keeps this forum a great voice for the coin community.
I will flag every post where bj disparages legend
Easier to find later...
You're going to need a lot of flags. A trip to The Flag Store is in your future
@tradedollarnut said:
The most shocking thing about all of this is that a Pcgs/CAC gem was only 30% more than non CAC Ngc.
This is a quote from you.
There is no mention of the coin just the plastic and stickers. I prefer PCGS CAC to non PCGS CAC. But 30% less regardless of the coin is ridiculous. Is the coin important?
No one is saying the coin is not important. It's just not surprising that PCGS CAC $5 Liberty would cost 30% or more then a NGC non CAC coin.
I was going to find one in the Legend archives but decided against it. It will only be second guessed and picked apart by those with an agenda or think they can grade with certainty by pics.
mark
I want all my coins in PCGS holders with CAC stickers. That being said it is only surprising if you don't look at the coin. If you were to find a gorgeous gem in an NGC holder with out a sticker how much less would you expect to pay? These blanket statements give no credence to the coin.
I am not picking a fight. I just believe the coin needs to be taken into consideration. If you were new to the hobby reading these posts why would you ever even look at anything but PCGS CAC.
Limiting yourself really takes the fun out of collecting.
@tradedollarnut said:
The most shocking thing about all of this is that a Pcgs/CAC gem was only 30% more than non CAC Ngc.
This is a quote from you.
There is no mention of the coin just the plastic and stickers. I prefer PCGS CAC to non PCGS CAC. But 30% less regardless of the coin is ridiculous. Is the coin important?
No one is saying the coin is not important. It's just not surprising that PCGS CAC $5 Liberty would cost 30% or more then a NGC non CAC coin.
I was going to find one in the Legend archives but decided against it. It will only be second guessed and picked apart by those with an agenda or think they can grade with certainty by pics.
mark
I want all my coins in PCGS holders with CAC stickers. That being said it is only surprising if you don't look at the coin. If you were to find a gorgeous gem in an NGC holder with out a sticker how much less would you expect to pay? These blanket statements give no credence to the coin.
I am not picking a fight. I just believe the coin needs to be taken into consideration. If you were new to the hobby reading these posts why would you ever even look at anything but PCGS CAC.
Limiting yourself really takes the fun out of collecting.
Who is limiting themselves?
You're not picking a fight. You are only stating the obvious as am I.
I sometimes buy NGC coins ( with the expressed interest of crossing) and non stickered coins and I generally get them at a meaningful discount to that of PCGS CAC coins. Even all there NGC stickered coins generally sell at a discount. In every case the coin is center stage.
mark
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
@tradedollarnut said:
Kindly desist making actionable comments about Legend and I won't bother to interact with you.
I don't see anything close to a disparagement of Legend in this thread, and if any statement hurt Legend, it was the comment you made above. By using the word "actionable" (as in "cause of action"), you implicitly indicate the possibility of frivolous retaliatory litigation worthy of counter-litigation.
BJ's statements were qualified (i.e. "perhaps" as in maybe not that it "is" or "was") and were clear, honest expressions of protected opinion. Even BJ explicitly acknowledged that assessment was based on his opinion of the quality of the pieces. You may disagree. You may or may not be right, but his statements were innocuous.
All statements in this post are intended as opinion.
That is not the feeling I get reading a lot of posts on this board. Not all and not yours in particular. Just a general feeling.
A PCGS bias on the PCGS boards is to be expected. I'm more interested in the facts. Let price discovery and auction results be your guide. Ignore the noise
mark
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Taken in a vacuum, bj's comments might be innocuous. Taken in light of his longstanding animosity toward legend and cac, I'm certainly right to call him on it. NOBODY with any integrity would claim that a company selling Pcgs cac is not competitive to one selling ngc non cac.
Where is Legend vs bid? Take a sample of 10 - curious as to result.
Next how competitive are they vs major NN advertisers? Like where these guys are vs bid? Generally I take a sample of ten when analyzing dealer pricing.
Additionally do they have anything in the $300 range - collector affordability test.
So if somebody too high vs bid, has nothing average collectors can afford, well their sales gonna b slow.
@tradedollarnut said:
Taken in a vacuum, bj's comments might be innocuous. Taken in light of his longstanding animosity toward legend and cac, I'm certainly right to call him on it. NOBODY with any integrity would claim that a company selling Pcgs cac is not competitive to one selling ngc non cac.
I signed up with your auction company and bid $33,000 on a lot. I also purchased a coin in the mid five figure from your company some years ago. If those are signs of "animosity" I would suggest that you need to cool it. You seem to expect that I should carry your water for you. I'm not that kind of person. I call them as I see them.
You company is a high class operation that sells the best of the PCGS - CAC products. Those items don't come cheap. If you shop all 400 or 500 tables at a major show, you are going to find something similar when it comes to "widgets." That is just a fact of the coin market.
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 ... ?
@OwenSeymour said:
"Now that millennials are looking at coins, they will probably never attend a live show–these are, after all, people who prefer to text someone in a house versus ring their door bell."
Yikes. I'm a 19 year old dealer. I get so excited for shows I literally have trouble falling asleep the night before. Before shows me and a bunch of buddies (early teens - late twenties typically) all discuss who's going to what shows and when, we hangout, talk & buy/sell coins.
Those dastardly millenials might be a little more eager to attend shows if the dealers managed to get the rock out of their shoe for young people.
Virtually every single YN I know (hundreds) LOVES attending coin shows, and most of them despise eBay.
I normally love Laura's work but that claim was abysmally wrong.
Although not unanimous among demographers, the vast majority agree that the last millennials were born around 1996, give or take a year.
At 19, you're leading edge "iGen" or "GenZ", not millennial. So, you have that going for you...
I was born in '96 and I endorse the message above, my friends and I love hawking the floor and chatting about coins at shows.
Those items don't come cheap. If you shop all 400 or 500 tables at a major show, you are going to find something similar when it comes to "widgets." That is just a fact of the coin market.
I buy the coin. To me rightly or wrongly the grade on the slab and the sticker are supporting players.
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 ... ?
Give it up some of u - the sticker is not going to fool me or the market into buying a coin I don't like or view as over priced. Especially considering current market conditions.
I do admire the marketing strategy but everybody knows that is just one tangent in selling coins. Another is being competitive as to price.
The internet is where the hobby is these days, and I see dealers all the time who have not embraced the internet for buying or selling--they are probably having the toughest time as dealers, since coin shows are not where the "retail public" is at in 2017.
Coin shows are essential to the hobby--they build relationships between dealers and collectors, and do in fact offer good wholesale and buying opportunities from dealers and some of the public (who feel more comfortable bringing grandpa's coins or their own collection to dealers directly as opposed to shipping them in the mail.)
@baseball said:
BillJones, the bottom line is this, if the very same coin that you bought were in a PCGS holder, let alone a PCGS CAC holder, you would VERY likely not have paid $1,000 less for it from the very same dealer and most certainly most dealers, and for all we know, it would have cost more than Legend's coin. Your initial post gave a VERY biased perspective of your options without disclosing some very key information.
Laura should also add, they really need to start taking credit cards at shows! Who has that kind of cash laying around anymore. I use an online bank and getting cash is about impossible, at least enough if you want to buy nice coins.
I am not coy at all. I am a straight forward person. You hear what I think.
When I was dealer, I didn't buy coins I didn't like unless I had to take them in trade from a good customer. After that I blew them off. What I said about the coin and the slabs and stickers is exactly what I met.
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 ... ?
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 ... ?
@Wabbit2313 said:
Laura should also add, they really need to start taking credit cards at shows! Who has that kind of cash laying around anymore. I use an online bank and getting cash is about impossible, at least enough if you want to buy nice coins.
I can't imagine most dealers being able to afford (or willing, whichever you choose) to pay the 3% fees that they charge. My LCS takes credit cards but +3%, which really adds up on larger purchases and bullion purchases.
baseball with some brush back pitches. Me likey. Just like Bill Jones states he is telling it like it is and he ain't backing down. Neither are you baseball. Good on you
mark
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
@Wabbit2313 said:
Laura should also add, they really need to start taking credit cards at shows! Who has that kind of cash laying around anymore. I use an online bank and getting cash is about impossible, at least enough if you want to buy nice coins.
I can't imagine most dealers being able to afford (or willing, whichever you choose) to pay the 3% fees that they charge. My LCS takes credit cards but +3%, which really adds up on larger purchases and bullion purchases.
If it doubles, triples, (whatever it is) your sales, how can they afford not to? Every smart phone can have an attachment to take cards from numerous places. It is so easy.
Wait, you are flagging him for standing up to you and making a good point? Just want to make sure I got this straight
mark
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
I can't imagine most dealers being able to afford (or willing, whichever you choose) to pay the 3% fees that they charge. My LCS takes credit cards but +3%, which really adds up on larger purchases and bullion purchases.
If it doubles, triples, (whatever it is) your sales, how can they afford not to? Every smart phone can have an attachment to take cards from numerous places. It is so easy.
Unless the item is bullion (where margins are likely the tightest), most sizeable dealers should be looking at accepting credit cards. They can even turn around their pricing model to having a set credit card price and then offering a 3% cash discount (similar to Apmex).
The bigger issue is likely that cash is more anonymous and many might not want to leave the trail that a card would.
I will make this clear. At the start of this Laura commented that her receipts were down from the shows. I ventured to say that perhaps her pricing might be to blame, and I cited an example which was admittedly anecdotal.
Many people here say that this is a down coin market, and some of the published price guides are showing that to be true. Aggressive pricing might not be the best strategy in a down market.
One of the reasons why some businesses can see a loss in sales is due to their pricing. Gillette Razor Company is going through a marketing campaign right now to correct what they now view as past errors with their pricing.
Legend has had a marketing strategy that has worked very well for them. Their model works for some collectors, but not for others. I don’t think that there would be a person here, who knows about the dealers at the shows, who would ever say that Legend has the lowest prices among the dealers on the show circuit.
What I perceive this to be is a campaign to discredit my credibility. I expressed an opinion not a carved in stone fact. That is the end of the subject, and I not answer any more of your accusations, and I will flag you if you continue with this line of questioning.
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 ... ?
Comments
Most big money buyers will not attend coin shows.. are there even less to go around now ?
Millennials.... those with jobs .....are digging out of College loans ... coins not even on their radar
Coins I have purchased thru Legend are top quality.... in line with market......best Source for DMPLs
Everyone is entitled to their opinion, but it's interesting that you have yet to post a picture of this type from your CAC approved inventory.
My opinion is that you failed to mention when accusing Legend of having 'non competitive prices' that you were comparing their Pcgs cac inventory to your ngc non cac purchase. Misleading only by accident? Or a continuation of a pattern of flat out disparagement...
I can go buy non cac ngc gem seated dollars at 30 cents on the dollar. Some of them might even eventually cross. And maybe even cac down the road. That doesn't mean the Pcgs cac coins on the market are overpriced.
I am still waiting for your picture.
PCGS and CAC!! You don't NEED a picture.
(Couldn't help myself....)
What picture? Wft are you babbling about?
Did you consider the coin inside the plastic? The most shocking thing about this is that you prefer plastic with stickers over the coin.
At some point you have to consider the coin!
Kindly support your assertion with a quote of mine
This is a quote from you.
There is no mention of the coin just the plastic and stickers. I prefer PCGS CAC to non PCGS CAC. But 30% less regardless of the coin is ridiculous. Is the coin important?
Are you dense? There are three posts asking for you to post pictures of a CAC approved MS-65 Liberty $5 With Motto gold piece. A 1907-D example would be more convincing because that is tougher, which was the coin I wanted, although a 1906-D would have been okay too. I was looking to complete the "seven mints" $5 gold set with a coin that could double as a high grade type piece.
I know that you have to have a very PQ example that will prove me to be a fool. Just don't try to pass off an MS-66 example to prove you point.
I don't collect gold - and I don't jump for you. Kindly desist making actionable comments about Legend and I won't bother to interact with you.
You don't collect gold, yet you condemned my coin as short as falling short of PCGS and CAC standards. Okay, the issue is closed.
Please please please show me where I said anything even remotely close to that.
You disparaged Legend by stating that their prices are not competitive. And you used a non cac ngc coin as an example. Talk about apples to oranges
I made zero statement about your coin ... anywhere other than your imagination
No one is saying the coin is not important. It's just not surprising that PCGS CAC $5 Liberty would cost 30% or more then a NGC non CAC coin.
I was going to find one in the Legend archives but decided against it. It will only be second guessed and picked apart by those with an agenda or think they can grade with certainty by pics.
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Whoever is flagging posts in this thread needs to stop. There has been nothing said that is worthy of such a disparaging designation. Just some good healthy back and forth that keeps this forum a great voice for the coin community.
You kids behave. How strange that I am the one saying this?
I don't go anymore because the stuff is usually stale.
The number of "dealers" who just show up because they always have.... are just too numerous.
Their pricing reflects how eager they are to SELL anything and it ain't very eager.
All I can say is that it's a good thing slabs don't fade with age.
I will flag every post where bj disparages legend
Easier to find later...
You're going to need a lot of flags. A trip to The Flag Store is in your future
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
I want all my coins in PCGS holders with CAC stickers. That being said it is only surprising if you don't look at the coin. If you were to find a gorgeous gem in an NGC holder with out a sticker how much less would you expect to pay? These blanket statements give no credence to the coin.
I am not picking a fight. I just believe the coin needs to be taken into consideration. If you were new to the hobby reading these posts why would you ever even look at anything but PCGS CAC.
Limiting yourself really takes the fun out of collecting.
Who is limiting themselves?
You're not picking a fight. You are only stating the obvious as am I.
I sometimes buy NGC coins ( with the expressed interest of crossing) and non stickered coins and I generally get them at a meaningful discount to that of PCGS CAC coins. Even all there NGC stickered coins generally sell at a discount. In every case the coin is center stage.
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
I would say we agree 100%.
That is not the feeling I get reading a lot of posts on this board. Not all and not yours in particular. Just a general feeling.
Glad we got that settled
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
I just> @Justacommeman said:
I am a master of the obvious!
I don't see anything close to a disparagement of Legend in this thread, and if any statement hurt Legend, it was the comment you made above. By using the word "actionable" (as in "cause of action"), you implicitly indicate the possibility of frivolous retaliatory litigation worthy of counter-litigation.
BJ's statements were qualified (i.e. "perhaps" as in maybe not that it "is" or "was") and were clear, honest expressions of protected opinion. Even BJ explicitly acknowledged that assessment was based on his opinion of the quality of the pieces. You may disagree. You may or may not be right, but his statements were innocuous.
All statements in this post are intended as opinion.
A PCGS bias on the PCGS boards is to be expected. I'm more interested in the facts. Let price discovery and auction results be your guide. Ignore the noise
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Taken in a vacuum, bj's comments might be innocuous. Taken in light of his longstanding animosity toward legend and cac, I'm certainly right to call him on it. NOBODY with any integrity would claim that a company selling Pcgs cac is not competitive to one selling ngc non cac.
Where is Legend vs bid? Take a sample of 10 - curious as to result.
Next how competitive are they vs major NN advertisers? Like where these guys are vs bid? Generally I take a sample of ten when analyzing dealer pricing.
Additionally do they have anything in the $300 range - collector affordability test.
So if somebody too high vs bid, has nothing average collectors can afford, well their sales gonna b slow.
I am fairly certain the name abbreviation is not an accident!
I signed up with your auction company and bid $33,000 on a lot. I also purchased a coin in the mid five figure from your company some years ago. If those are signs of "animosity" I would suggest that you need to cool it. You seem to expect that I should carry your water for you. I'm not that kind of person. I call them as I see them.
You company is a high class operation that sells the best of the PCGS - CAC products. Those items don't come cheap. If you shop all 400 or 500 tables at a major show, you are going to find something similar when it comes to "widgets." That is just a fact of the coin market.
I was born in '96 and I endorse the message above, my friends and I love hawking the floor and chatting about coins at shows.
Andrew Blinkiewicz-Heritage
Those items don't come cheap. If you shop all 400 or 500 tables at a major show, you are going to find something similar when it comes to "widgets." That is just a fact of the coin market.
This we can agree on
I stopped reading this thread half way through. Come on guys, knock it off. When all is said and done, we're all friends here. Let's act like it.
I buy the coin. To me rightly or wrongly the grade on the slab and the sticker are supporting players.
Give it up some of u - the sticker is not going to fool me or the market into buying a coin I don't like or view as over priced. Especially considering current market conditions.
I do admire the marketing strategy but everybody knows that is just one tangent in selling coins. Another is being competitive as to price.
The internet is where the hobby is these days, and I see dealers all the time who have not embraced the internet for buying or selling--they are probably having the toughest time as dealers, since coin shows are not where the "retail public" is at in 2017.
Coin shows are essential to the hobby--they build relationships between dealers and collectors, and do in fact offer good wholesale and buying opportunities from dealers and some of the public (who feel more comfortable bringing grandpa's coins or their own collection to dealers directly as opposed to shipping them in the mail.)
Egg-zactly
Laura should also add, they really need to start taking credit cards at shows! Who has that kind of cash laying around anymore. I use an online bank and getting cash is about impossible, at least enough if you want to buy nice coins.
I am not coy at all. I am a straight forward person. You hear what I think.
When I was dealer, I didn't buy coins I didn't like unless I had to take them in trade from a good customer. After that I blew them off. What I said about the coin and the slabs and stickers is exactly what I met.
I have flagged you for abuse.
I can't imagine most dealers being able to afford (or willing, whichever you choose) to pay the 3% fees that they charge. My LCS takes credit cards but +3%, which really adds up on larger purchases and bullion purchases.
baseball with some brush back pitches. Me likey. Just like Bill Jones states he is telling it like it is and he ain't backing down. Neither are you baseball. Good on you
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
If it doubles, triples, (whatever it is) your sales, how can they afford not to? Every smart phone can have an attachment to take cards from numerous places. It is so easy.
Wait, you are flagging him for standing up to you and making a good point? Just want to make sure I got this straight
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
-
--
Unless the item is bullion (where margins are likely the tightest), most sizeable dealers should be looking at accepting credit cards. They can even turn around their pricing model to having a set credit card price and then offering a 3% cash discount (similar to Apmex).
The bigger issue is likely that cash is more anonymous and many might not want to leave the trail that a card would.
I will make this clear. At the start of this Laura commented that her receipts were down from the shows. I ventured to say that perhaps her pricing might be to blame, and I cited an example which was admittedly anecdotal.
Many people here say that this is a down coin market, and some of the published price guides are showing that to be true. Aggressive pricing might not be the best strategy in a down market.
One of the reasons why some businesses can see a loss in sales is due to their pricing. Gillette Razor Company is going through a marketing campaign right now to correct what they now view as past errors with their pricing.
Legend has had a marketing strategy that has worked very well for them. Their model works for some collectors, but not for others. I don’t think that there would be a person here, who knows about the dealers at the shows, who would ever say that Legend has the lowest prices among the dealers on the show circuit.
What I perceive this to be is a campaign to discredit my credibility. I expressed an opinion not a carved in stone fact. That is the end of the subject, and I not answer any more of your accusations, and I will flag you if you continue with this line of questioning.