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Speakeasy coin dealing?

Dealers treat other dealers different from collectors when buying & selling.

Dealers circle wagons to protect their own, falling on their sword, even when wrong.

The cloak of silence among dealers, no matter what the incident, no matter how egregious, must be honored.

Dealers don't complain, take it in the shorts and people will continue to barter with you. Complain and get blacklisted, sued or ostracized.

The selling price marked is not necessarily the price marked depending on what you look / sound like.

The advertised buy price is not necessarily the price depending on what you look / sound like.

Junk, questionable and marginal material gets sent to auction houses to be hyped and then sold to an eager public hungry for more.

People with half a brain make hundreds of thousands.

People with vast knowledge get taken for hundreds of thousands.

It's always buyer beware, sometimes seller beware.

Stressed sellers, begging for a few more dollars to close a deal, the whining reaching the pitch of a cat in heat.

Arcane language [done deal, memo, house, juice, thumbed, doctored, AT, BB, BS!]

Oh, BTW , I am talking about coins and not used cars! image If you are too young to know what a speakeasy is check www.dictionary.com image

Comments

  • mr1931Smr1931S Posts: 6,412 ✭✭✭✭✭
    DesertLizard,really enjoyed that but you forgot "AC"...coin with a hole in it...image

    an interesting experiment might be to have two fellows at a show asking about the price of a dealer's coin that has no price marked on the holder...one is an unquestionably sharp dressed man...the other is dressed like me,er i mean,like a bum...any bets on who gets quoted the higher price for the same coin?image

    Whoever is careless with the truth in small matters cannot be trusted with important matters.

  • coinkatcoinkat Posts: 23,845 ✭✭✭✭✭
    Do you want an honest answer? The person who is dressed down because the sharp dressed man gets pegged as a retail customer.

    Experience the World through Numismatics...it's more than you can imagine.

  • ttt
  • PlacidPlacid Posts: 11,299 ✭✭✭
    I need a tic on my coin. (Trade in credit)
    There I just made up my own mumbo jumbo image
    I think I will ask for one next time and see what the dealer say's image

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