Some dealers are just true pices of work........
ROBERTB
Posts: 1,016
I'm at a local show today and I'm passing a table. The dealer is looking at a guy's NGC slabbed WL half and he's going on and on and on....about, "oh this grade is way off, this is obviously a weakened die state, this may be hairlines, and I think it's AU53 at best." The coin is slabbed MS64. That's one hell of a difference.
Later, I'm walking by the same dealer and he's hassling a lady who wants to buy a coin but they can't settle on a price. It was a Franklin half, again NGC slabbed that he had for sale. She's got her grey sheet and she's saying ask is $150. He wants $250, because........."greysheet doesn't mean crap.....I deal in real market values"......blah, blah, blah.............and of course, in his "opinion" the coin is at least a point or 2 undergraded.
Needless to say, the seller never sold his coin to the dealer and the buyer never bought the dealers coin. What an a$$.
Later, I'm walking by the same dealer and he's hassling a lady who wants to buy a coin but they can't settle on a price. It was a Franklin half, again NGC slabbed that he had for sale. She's got her grey sheet and she's saying ask is $150. He wants $250, because........."greysheet doesn't mean crap.....I deal in real market values"......blah, blah, blah.............and of course, in his "opinion" the coin is at least a point or 2 undergraded.
Needless to say, the seller never sold his coin to the dealer and the buyer never bought the dealers coin. What an a$$.
Everything I write is my opinion.
Looking for alot of crap.
Looking for alot of crap.
0
Comments
Ken
Travers had some great things to say about negotiation and coins. Slabs just put a crimp in some people's style. Not to say their aren't high-end, low-end and mistakes, of course - but not 11 points usually.
But this is still a free country. A Dealer can attempt to buy or sell on his terms, likewise a customer can do the same.
No wonder I'm such a devoted customer of the US Mint.
<< <i>This is the norm.... I hear it at every show I go to... "Your coins are garbage.. mine are the best on the market" >>
EXACTLY!
Never will change.
Finding the edges is never pretty to watch. Market determinations are just plain ugly a lot of the time.
Reminds me of two other things you never want to watch being made -- the law and sausage!
<< <i>Thats why I buy and sell on the internet. I can turn a half million dollars, without hearing a voice. >>
Excellent point.
<< <i>"Your coins are garbage.. mine are the best on the market" >> >>
I've heard this from a few dealers here as well.
<< <i> The dealer is looking at a guy's NGC slabbed WL half and he's going on and on and on....about, "oh this grade is way off, this is obviously a weakened die state, this may be hairlines, and I think it's AU53 at best." The coin is slabbed MS64. That's one hell of a difference.
>>
The guy offering the dealer the WL Half should have said "Yes, I know and I agree with you - this WL Half is a total piece of $hit. That's why I thought you would be interested in it!"
Insults through politeness - works every time!
gosh, life sure would be sweet for dealers, wouldn't it........?
(what the heck are "pices" anyway?)
<< <i>
(what the heck are "pices" anyway?) >>
"Pice" is a small denomination Indian coin. There are 100 pice per rupee. True.
<< <i>
<< <i>
(what the heck are "pices" anyway?) >>
"Pice" is a small denomination Indian coin. There are 100 pice per rupee. True. >>
Are you sur?
<< <i>
<< <i>
<< <i>
(what the heck are "pices" anyway?) >>
"Pice" is a small denomination Indian coin. There are 100 pice per rupee. True. >>
Are you sur?
Sur? I don't think so. Check the British India section of the KM.
I have been told I am surly, if that counts...
FrederickCoinClub
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
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TorinoCobra71
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"