Have you heard a dealer tell you “ Find another one “
STEWARTBLAYNUMIS
Posts: 2,697 ✭✭✭✭
There are some coins in certain conditions
that are just not available. Some are
extremely rare coins and others are coins
that are condition rareties.
I have always believed I should seize the opportunity.
What do you think ?
2
Comments
That may be true of a no problem truly rare coin, or those notorious for being locked up in major collections.
But not true of coins that really aren't rare. Also frequently heard, "Well considering the coin is 150 years old what do you expect?" Like grading services should take that into account? Or "If you find those at that price I would buy them all".
We tend to try to outthink the coins. As long as the price is close to reasonable for the "hole filler" go for it.
"There are some coins in certain conditions
Certainly these are an abberation.
Extremely rare coins
That keeps you goin'
Maybe one day will come to fruition.
It was a way more common statement before the Internet, it used to be mostly BS, there are some coins where it's absolutely true.
Been there. Heard that. The decision is still yours. But I have come to understand that it depends who is telling you that.
I always believed it when my local Dealer told it to me.............and I own some great coins because of it.
Pete
Only when they are trying to sell not when they are buying. Same story when you want to trade, theirs is great and problem free, yours is crap, lacks luster, has a scratch, ding, etc.
Just a sales pitch. Never overpay ... especially in a market that is slowly trending downward for most coins.
Its no sales pitch to say go find another. some people have no clue as to real rarity or value.
Situationally applicable, like with must superlatives.
One instance comes to mind.
I wanted it but decided the price asked was too much.
The saying could be reversed for esoteric items. Try finding another buyer.
Yes, very true. If you know the market, be it coins, art, real estate...you know something special when you see it and have to act accordingly.
Latin American Collection
I can say that (on Lowball offers) as I carry many Unique coins.....
I have a different take on the "go find another one" remark. I sought out a dealer at a show who I had done business with several times previously. I found the coin I wanted in his inventory, but when I went to pay for it he said, "I'll hold it for you, you might find one in the show you like better. In so may words, he was asking me to "go find another one!"
I did find one I liked as well, but the dealer wanted more money for his, so I went back and bought the first one.
When I asked my dealer friend his rational for sending me off to look at other coins, he said his goal was for me to be happy with my collection, even if it meant buying from someone else!
I've even had this dealer ask me to give back a coin I was looking at when I said, "I like this one, but...." He said, "Hand it back, I've found that little buts become big BUTS after a while, and I want you to be happy with your purchases".
Obviously, I value this dealer friend!
Pete
Louis Armstrong
Yup... And usually I bite my tongue so I don't laugh. I suppose this should help define the difference between rarity and condition rarity. And quality can exist at more than one grade level. Seems this concept has been either misplaced or just lost in the new order.
Experience the World through Numismatics...it's more than you can imagine.
Guess I read it as the dealers way of telling you to pass on his offering as there are better out there. I have had that happen.
Other side is that "good luck in finding another one."
I went with the half full interpretation.
Are we talking coins or cars? Same stories different commodities.
Joe
Successful BST transactions with lordmarcovan, Moldnut, erwindoc
Overeating produces the same result......
This statement is especially true when one tries to buy a rare coin at auction
and the collector tells the dealer that the coin hammered for double the PCGS price guide.
Some coins where this statement are true are a 1922 No D full red Lincoln cent, full gem
Red half cents and large cents, gem full split band 1945 Mercury Dimes, super high end gorgeous Barber Dimes, quarters and halves and very high end better date Walkers.
There are many more examples but my point is don’t be afraid to stretch.
As Dave Bowers would say “it’s only money “
I agree with Stewart. Other coins this is true for include mega-toners, and varieties, some of which seem to be quite rare with very few certified.
An authorized PCGS dealer, and a contributor to the Red Book.
As noted above, that three word statement 'Find another one' can be read more than one way.
I had one older gentleman who dealt full time in coins in Quincy (he had a pension and social security) and on more than one occasion I expressed interest in a piece and he told me 'Find another one' meaning that the thing he was offering could be bettered without too much problem. He knew I was buying long-term for my personal collection and he wanted to help me have nicer stuff.
I bought some nice stuff from him, including some German and Mexican coins that I thought I might never own.
He was a great guy, gone now about three years.
Get to know your series as much as you can. Your opinion should count the most.
I've said it. Every time someone on eBay offers me $15 for my XF/AU Morgan $s. Sell me all ya got at that number.
All comments reflect the opinion of the author, evn when irrefutably accurate.
Several times...on occasion I had to find another dealer with a different attitude.
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,...
I have heard it and I have said it. Then again, my numismatic focus is darn narrow.
If you've been looking for one for awhile you likely know as well as the dealer does about the likelihood of finding another. Then you can decide if he's bullchittin you or not.
I suppose it matters how involved you are to the national dealer show scene. I imagine one would get a handle pretty quick at whats out there or how nice stuff comes.
As far as the statement moving my interest level or making me step up, not much, it's kind of a turn off if we just met. In the context of a close personal relationship that is proven trustworthy, then maybe I'd give it some credence.
Not only is the OP's topic applicable to the DEEP END of the pool but also when it comes to some AU58 or AU58+ coins, not to mention fantastic toners and then of course the tough to find varieties.
I have heard this statement before but more often than not I have found myself saying it when selling.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
My interpretation of the OP's post is you have to pay up for condition ratites and very rare coins. For, this has happened a few times in assembling my early quarter eagle collection. Some of the coins are so rare that if you want to complete the set you just have to pay up for the opportunities.
I have told a lot of them “go find one.” Or “do you have one sell me at that.” Especially the little know it all gnats.
On eBay unless the item bin / make offer already at my best price.
I think a lot of them would try haggle with a stripper over the price of a $20 lap dance lol.
On pieces which or CAC or PQ expect pay more.
I have taken offers which were reasonable especially the if the guy placed the money on the table. If making offer lay the money on the table - money talks, BS walks.
If it’s something like a NJ NBN I had one time with only 6 known if u don’t buy it then you may not be able find one period. If your selling something like this stick to your price eventually the right buyer will show.
There was one dealer who said that to me about a certain Bust $1/2 variety.
I walked across the room, and came back with a better grade & for less money.
he never said it again
of course I was just lucky, but it felt good to shut him up
BHNC #203
Sometimes it is sales jargon... every trade has their phrases. Then, sometimes it is legitimate.... know what you are looking at or seeking. It is the random, untrained, impulse buyers that normally get stung. Cheers, RickO
They say it from time to time but it is usually for stuff that isn't that rare.
I have told myself that more than a few times, though.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
"Find another one" meant literally:
I was starting a new collection with the help of a dealer friend. He had a coin in his inventory that seemed to be a perfect fit: right coin, grade, holder, price. I asked if this was the right coin to fill the slot in my collection. He looked me in the eye and said "you can do better." Eventually, I did.
Integrity.
In my experience this quote applies mostly to any coin in the highest grade known or seen
And also to the highest circulated grade (preferably AU )
This is one of many sales techniques intended to produce an emotional response of "fear of loss" or "inadequacy" in a potential buyer. An astute buyer will ignore this and related comments from sellers, unless there is advance knowledge about availability of the coin in question.
Other capture phrases include: "last one," "don't know of any others at this price," "I'll pay over my selling price for them," "when did you last see one," and many variations of phrase, tone and false urgency. (Think of them as a spewing water fountain creating an urgent need to find the WC.)
We need a thread with pics of "find another one" coins. And then pics if someone does...
"Find another one?" Yes dealers will say this often when trying to sell you a coin. However you will never hear these words when you go to sell them one.
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
I know my series VERY well as to what's rare, or condition rarity . For a dealer to tell me to go find another one is a bit rough but at the same time I will consider that option depending on how he/she says it.
How many examples do you need?
It is true with varieties, somewhat regardless of grade. Even some R3 and R4 busties just aren't seen frequently.
Agree. If your looking for more toner, a certain color, etc and they all come back the same grade. Perhaps your looking for a similar type as the others in your set. makes sense to me. To each his own.
Best place to buy !
Bronze Associate member
I've heard it many times. But when you get to a certain level of discrimination, such a term couldn't be more accurate.
'dude
How about the 1807/6 Large cent graded PCGS MS 66 red at $ 825,000
The recent 1945 Mercury dime graded ms 67 + FSB at $ 96,000
The 1811 half cent graded Ms 66 R/B at $ 1,150,000
An 1852 Large cent graded ms 66 red at $94,000
All these coins sold for more than anyone thought
and when I asked a well known dealer Why ?
He told me “find another one”
The best time to buy something of this nature is when you see it
m
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 collect pattern coinage so I don't have to be told.
I may overuse that line.
What is now proved was once only imagined. - William Blake