@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.
@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.😉
@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!🤣😂
😕😡
😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@Steven59 said:
Why is Mfeld so mean to people that are just trying to learn
He is one of the last people I would call mean on this forum. I appreciate his direct honesty. I think it’s unreasonable for a new member asking for opinions to expect people to coddle them or play along with their unresearched hopefulness or fantasy.
John J. Ford: Did you know you were selling fakes?
Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
@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
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)?
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
@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!🤣😂
@Steven59 said:
Why is Mfeld so mean to people that are just trying to learn
Did you ever have a good doctor with crappy bedside manner?
I bet if you could take a post literally without adding personal feelings into it, you'd see he's usually pretty spot on. That's probably good for Internet posting in general.
@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).
@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.
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 ?
@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.
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
@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. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
@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.
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.
@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?
@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.
@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.
@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.
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.
Comments
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.
I asked my favorite dealer to critique me as a collector. That was helpful, interesting and fair.
Latin American Collection
Not a piece of advice I particularly like. You're inviting people to make expensive mistakes first.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Why is Mfeld so mean to people that are just trying to learn
"When they can't find anything wrong with you, they create it!"
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/
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!🤣😂
😕😡
😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
He is one of the last people I would call mean on this forum. I appreciate his direct honesty. I think it’s unreasonable for a new member asking for opinions to expect people to coddle them or play along with their unresearched hopefulness or fantasy.
US and British coin collector, and creator of The Ultimate Chuck E. Cheese's and Showbiz Pizza Place Token & Ticket Guide
jom
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
How much did your “neutron microscope” cost?
What about your fellow dealers irks you the most?
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)?
What are your honest, off the record, thoughts on CAC and the major TPGs?
How can I detect a cleaned coin?
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
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
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.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Not JUST emojis....use words too!😉.
It just takes practice. You will get used to it!🤣😂
Did you ever have a good doctor with crappy bedside manner?
I bet if you could take a post literally without adding personal feelings into it, you'd see he's usually pretty spot on. That's probably good for Internet posting in general.
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).
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 ?
Who do you use to get your recently purchased details coin "doctored" enough to now be straight graded?
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
You sound like a lot of my relatives.
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.
I would ask George Massamore where the E and L quarters actually originated.
A: The year they spend more on their library than their coin collection.
A numismatist is judged more on the content of their library than the content of their cabinet.
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.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
“Do you offer employee discounts?”
(I’m look for a part-time gig in retirement)
Tim
What time is it?
"She comes out of the sun in a silk dress,
running like a water color in the rain...."
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"?
Will you answer all my subsequent questions truthfully and patiently?
I would take it...
Would you hit Guru with a rubber chicken?
Hey! That's a cop out, like getting a free wish and using it to ask for unlimited wishes...
RIP Mom- 1932-2012
When will @MFeld begin to answer all of these questions?
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.
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.
Not a dealer, but they're terrible "deals" LOL. Only $2000 for $500 in coins.
Did you buy any VaultBoxes or Ultra Breaks?🤔
Would you rather buy a collection from a person that knows nothing about the collection they have or buy from an experienced collector?
My Original Song Written to my late wife-"Plus other original music by me"
https://youtube.com/playlist?list=PL8A11CC8CC6093D80
U.S. Army Veteran 1/11 ACR Fulda, Germany
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.
My Original Song Written to my late wife-"Plus other original music by me"
https://youtube.com/playlist?list=PL8A11CC8CC6093D80
U.S. Army Veteran 1/11 ACR Fulda, Germany
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.
Where did you get that hamburger?
K
Can I see your browsing history for the last 10 years?
Not necessarily. People may inherit coins and paper money with no clue of the value.
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.