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Feel free to PM me with your question for: If you could ask any dealer whatever question you wanted…

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  • jkrkjkrk Posts: 988 ✭✭✭✭✭
    edited September 16, 2023 5:00PM

    @mark_dak said:

    @jkrk said:
    If someone offered you 85% of retail, would you sell all your coins and move on from the hobby?

    Would you give them 85% of retail on EVERYTHING they own? I most likely would take a pass.

    Mark

    So... make it 75%?

    I have a fair sized number of DE's and I wouldn't accept a bid of 85%. Not because i like the coins. my average selling price would probably run around $3000 @ retail. Give me $2500 with gold @ $1900 and my interest to sell isn't there.

  • messydeskmessydesk Posts: 20,097 ✭✭✭✭✭

    @Walkerfan said:

    @johnnyb said:
    What’s the best advice you’ve ever received?

    I’m not a dealer but I want to share this advice with the group:

    Best thing ever I did was to buy the key dates first.

    Not a piece of advice I particularly like. You're inviting people to make expensive mistakes first.

  • WalkerfanWalkerfan Posts: 9,509 ✭✭✭✭✭
    edited September 16, 2023 7:10PM

    @messydesk said:

    @Walkerfan said:

    @johnnyb said:
    What’s the best advice you’ve ever received?

    I’m not a dealer but I want to share this advice with the group:

    Best thing ever I did was to buy the key dates first.

    Not a piece of advice I particularly like. You're inviting people to make expensive mistakes first.

    I indeed made a few very expensive mistakes, so you're not wrong.

    But, in the long run; I came out way ahead and I did, in fact, learn, too.

    It worked well for me.

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

    My Full Walker Registry Set (1916-1947):

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

  • WQuarterFreddieWQuarterFreddie Posts: 2,917 ✭✭✭✭✭

    @Steven59 said:
    Why is Mfeld so mean to people that are just trying to learn

    From what I know about him I believe he is not being mean. In his mind he is being truthful with his knowledge and is giving his opinions and advice as succinctly as possible. 😎

    Sometimes the truth is hard to read and in a forum post you cannot hear the tone of his words so you might not feel he is being mean if you heard his words instead of just reading them.😉

    Perhaps he should use more emojis in his posts!🤣😂

  • jomjom Posts: 3,462 ✭✭✭✭✭

    @MFeld said:

    Perhaps he should use more emojis in his posts!🤣😂

    😕😡

    😉

    jom

  • CaptHenwayCaptHenway Posts: 32,441 ✭✭✭✭✭

    John J. Ford: Did you know you were selling fakes?

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • PerryHallPerryHall Posts: 46,452 ✭✭✭✭✭

    @CaptHenway said:
    John J. Ford: Did you know you were selling fakes?

    From what I've read, he made several of the fake gold bars that he sold so I assume this is a rhetorical question.

    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

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭
    edited September 17, 2023 4:07AM

    How much did your “neutron microscope” cost?

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    What about your fellow dealers irks you the most?

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    What is the best way to negotiate with dealer {insert name}? Any inside information (e.g. Dealer X really needs rent money for his office and is eager to make deals)?

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    What are your honest, off the record, thoughts on CAC and the major TPGs?

  • OnastoneOnastone Posts: 4,036 ✭✭✭✭✭

    How can I detect a cleaned coin?

  • PerryHallPerryHall Posts: 46,452 ✭✭✭✭✭

    Which dealers that you have work with do you consider to be less than ethical or honest?

    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

  • privatecoinprivatecoin Posts: 3,531 ✭✭✭✭✭

    What will it take for you to leave me your entire collection on your will?

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

  • messydeskmessydesk Posts: 20,097 ✭✭✭✭✭

    @privatecoin said:
    What will it take for you to leave me your entire collection on your will?

    There are many that would do it for a sandwich, since they don't have a collection, rather inventory that is owned by a corporation.

  • WQuarterFreddieWQuarterFreddie Posts: 2,917 ✭✭✭✭✭
    edited September 17, 2023 7:55AM

    @MFeld said:

    @WQuarterFreddie said:

    @Steven59 said:
    Why is Mfeld so mean to people that are just trying to learn

    From what I know about him I believe he is not being mean. In his mind he is being truthful with his knowledge and is giving his opinions and advice as succinctly as possible. 😎

    Sometimes the truth is hard to read and in a forum post you cannot hear the tone of his words so you might not feel he is being mean if you heard his words instead of just reading them.😉

    Perhaps he should use more emojis in his posts!🤣😂

    😕😡

    😉

    Not JUST emojis....use words too!😉.
    It just takes practice. You will get used to it!🤣😂

  • jedmjedm Posts: 3,086 ✭✭✭✭✭

    @mark_dak said:
    Surprised I must be the only one here who feels this way but my local shop owner is REALLY fair and honest. We talk all the time and I think he is always truthful...

    Mark

    You're not the only one Mark. My go to guy is @TwoSides2aCoin and I feel respected and treated with honesty always, (even though we don't agree politically).

  • dhikewhitneydhikewhitney Posts: 475 ✭✭✭✭

    @MrEureka said:
    I> @ctf_error_coins said:

    @dhikewhitney said:
    Why are you a coin dealer instead of just a coin collector ?

    I was forced into it as I had no other options. :o

    Me too. When your allowance is a dollar a week, you have to get creative.

    Well, not every dealer succeeds, and in my estimation, if one can succeed financially as a coin dealer, one could succeed in other career paths and have even more money to acquire choice coins.

    To refine the question, did you become a coin dealer so that you could become a better coin collector (accumulate more choice coins that you could outside the business), or just to make a living selling coins because you enjoy the product but don't need to own (much of) it ?

  • manlye1manlye1 Posts: 230 ✭✭✭

    Who do you use to get your recently purchased details coin "doctored" enough to now be straight graded?

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    edited September 17, 2023 9:42AM

    @dhikewhitney said:

    @MrEureka said:
    I> @ctf_error_coins said:

    @dhikewhitney said:
    Why are you a coin dealer instead of just a coin collector ?

    I was forced into it as I had no other options. :o

    Me too. When your allowance is a dollar a week, you have to get creative.

    Well, not every dealer succeeds, and in my estimation, if one can succeed financially as a coin dealer, one could succeed in other career paths and have even more money to acquire choice coins.

    To refine the question, did you become a coin dealer so that you could become a better coin collector (accumulate more choice coins that you could outside the business), or just to make a living selling coins because you enjoy the product but don't need to own (much of) it ?

    I was in a much harder industry (High End Nature Photography) for 40 years which I abandon to become a coin dealer. I find coin dealering sooooo much easier than my other profession. Cash flow is King. It is also extremely fun being a coin dealer.

    I have way more and way better coins now than I did when I was a coin collector. It's like being a coin collector on steroids :)

  • CaptHenwayCaptHenway Posts: 32,441 ✭✭✭✭✭

    @PerryHall said:

    @CaptHenway said:
    John J. Ford: Did you know you were selling fakes?

    From what I've read, he made several of the fake gold bars that he sold so I assume this is a rhetorical question.

    I don't think that he physically "made" anything, as in make a mold, melt metal, pour molten metal into the mold, etc., but I do not know if that has ever been positively established or not.

    There are some people who insist that he was duped by Paul Franklin, who made up fantasies and then convinced Ford that the fakes were real. I have my opinion on that question, but I would love to have been able to ask him the question under the original premise of the thread.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • MrEurekaMrEureka Posts: 24,334 ✭✭✭✭✭

    @dhikewhitney said:

    @MrEureka said:
    I> @ctf_error_coins said:

    @dhikewhitney said:
    Why are you a coin dealer instead of just a coin collector ?

    I was forced into it as I had no other options. :o

    Me too. When your allowance is a dollar a week, you have to get creative.

    Well, not every dealer succeeds, and in my estimation, if one can succeed financially as a coin dealer, one could succeed in other career paths and have even more money to acquire choice coins.

    To refine the question, did you become a coin dealer so that you could become a better coin collector (accumulate more choice coins that you could outside the business), or just to make a living selling coins because you enjoy the product but don't need to own (much of) it ?

    I started collecting at a very young age, and started dealing at 13 when the opportunity presented itself. At that age, it wasn’t a career choice. It just sort of happened. And maybe I would have been purely a collector if I had rich parents paying for whatever I wanted to buy, but that wasn’t the case. As for the career choice, it wasn’t definite until I got a year’s worth of college under my belt, at which point I realized that there was only one path forward.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • pointfivezeropointfivezero Posts: 1,857 ✭✭✭✭✭

    “Do you offer employee discounts?”

    (I’m look for a part-time gig in retirement)

    Tim

  • CatbertCatbert Posts: 7,393 ✭✭✭✭✭

    What time is it?

    ;)

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • logger7logger7 Posts: 8,719 ✭✭✭✭✭

    What are your buy/sell prices and can you give me a list of your last 100 such transactions including where you had "home runs"?

  • BLUEJAYWAYBLUEJAYWAY Posts: 9,719 ✭✭✭✭✭

    Will you answer all my subsequent questions truthfully and patiently?

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • YQQYQQ Posts: 3,316 ✭✭✭✭✭

    I would take it...

    Today is the first day of the rest of my life
  • SoCalBigMarkSoCalBigMark Posts: 2,795 ✭✭✭✭✭

    Would you hit Guru with a rubber chicken?

  • telephoto1telephoto1 Posts: 4,941 ✭✭✭✭✭

    @BLUEJAYWAY said:
    Will you answer all my subsequent questions truthfully and patiently?

    Hey! That's a cop out, like getting a free wish and using it to ask for unlimited wishes...


    RIP Mom- 1932-2012
  • MFeldMFeld Posts: 14,034 ✭✭✭✭✭

    @telephoto1 said:

    @BLUEJAYWAY said:
    Will you answer all my subsequent questions truthfully and patiently?

    Hey! That's a cop out, like getting a free wish and using it to ask for unlimited wishes...

    That's not the same thing. The dealer could simply answer "No" ;) .

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • WQuarterFreddieWQuarterFreddie Posts: 2,917 ✭✭✭✭✭

    @MFeld said:

    @telephoto1 said:

    @BLUEJAYWAY said:
    Will you answer all my subsequent questions truthfully and patiently?

    Hey! That's a cop out, like getting a free wish and using it to ask for unlimited wishes...

    That's not the same thing. The dealer could simply answer "No" ;) .

    Nice use of the emoji! I feel your friendliness leaping off the page!😎🤣😂

  • Would you recommend to anyone you care about to buy any coin "deal" offered on TV ( Ie CSN,( Mike Mezack) RCTV( Rick T) etc.

  • CalifornianKingCalifornianKing Posts: 1,259 ✭✭✭✭

    @Garloo57 said:
    Would you recommend to anyone you care about to buy any coin "deal" offered on TV ( Ie CSN,( Mike Mezack) RCTV( Rick T) etc.

    Not a dealer, but they're terrible "deals" LOL. Only $2000 for $500 in coins.

  • WQuarterFreddieWQuarterFreddie Posts: 2,917 ✭✭✭✭✭

    Did you buy any VaultBoxes or Ultra Breaks?🤔

  • bsshog40bsshog40 Posts: 3,927 ✭✭✭✭✭

    Would you rather buy a collection from a person that knows nothing about the collection they have or buy from an experienced collector?

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    @bsshog40 said:
    Would you rather buy a collection from a person that knows nothing about the collection they have or buy from an experienced collector?

    Experienced collector. They have the great coins.

  • bsshog40bsshog40 Posts: 3,927 ✭✭✭✭✭

    @ctf_error_coins said:

    @bsshog40 said:
    Would you rather buy a collection from a person that knows nothing about the collection they have or buy from an experienced collector?

    Experienced collector. They have the great coins.

    I can see that. And my definition of an inexperienced person would be mainly someone that inherited a collection that knows nothing about coins.

  • MFeldMFeld Posts: 14,034 ✭✭✭✭✭

    @lablover said:
    When will @MFeld begin to answer all of these questions?

    Anyone who'd like to ask me their question, feel free to message me. If I know the answer, I'll be happy to provide it, and you'll be free to post it if you wish. But depending upon how many questions I receive, it might take a while for me to reply.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • ElKevvoElKevvo Posts: 4,125 ✭✭✭✭✭

    Where did you get that hamburger?

    K

    ANA LM
  • logger7logger7 Posts: 8,719 ✭✭✭✭✭

    Can I see your browsing history for the last 10 years?

  • WQuarterFreddieWQuarterFreddie Posts: 2,917 ✭✭✭✭✭

    @ctf_error_coins said:

    @bsshog40 said:
    Would you rather buy a collection from a person that knows nothing about the collection they have or buy from an experienced collector?

    Experienced collector. They have the great coins.

    Not necessarily. People may inherit coins and paper money with no clue of the value.

  • TurtleCatTurtleCat Posts: 4,628 ✭✭✭✭✭

    @Walkerfan said:
    How do you sleep at night? ;)

    On top of a pile of money both literally and figuratively. lol.

    My question: do you hold back information about a particular coin even when asked? Such as whether it went to CAC, whether you suspect problems or not.

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