My Local Coin Shop + 100th Post Giveaway + Winner Announced
quickwing
Posts: 1,155
I've been buying a few coins from a fellow in my local shop lately. Started slow because I didn't know him or his reputation, but I have really been impressed. Every time I go in the front door of the small shop is a turnstile of traffic with most walking in with something to sell. I am surprised EVERY time I'm there that people are always coming in to sell and he gives each and everyone a fair quote for their coins...most take the cash without bargaining. He also trades in stamps and currency. He has given a newbie the time of day and is always patient. Because of his huge volume he always has stacks of recent purchases he lets me browse through including large bags of melt silver. I went through one of those melt half bags without looking at the whole bag or even 1/3 of the coins and quickly picked out a dozen 64 Kennedy’s that were mint 63-65 a few nice toned Franklins and about 10-12 Walkers from 1916-34. He priced these at $4.25 each. If I had the cash on me I'd have gladly taken the whole bag (probably about 1000-1200) and had fun poking around for days.
Anyway last weekend I took my 6yr old son into the shop. The proprietor really seemed to enjoy having a young wide eyed kid ogling over his stock. He helped my son fill in a couple of holes in his quarter album and offered to sell the 01 proof and unc. Silver Dollars bullion coins both for $42. The quarters he sold at face and then gave him a handful of darksiders just for coming by. My boy was already interested in coins but now he caught the fever just as bad as his old man and wants to go back to the shop as often as possible. When I popped by the shop during the past week the first thing out of the owners mouth was "how's Alexander and when are you going to bring him back in".
I hope everyone had their own local shop with a friendly fellow being the counter that helps newbie’s, and children, and anyone through the door like he's glad to see them.
Well as the custom has it, I owe the board members who have helped me and others with our questions and queries a chance at some REAL DUD COINS. Since this is my 100th post and I’m a working stiff, I have very little in the way of coin value to offer BUT here is the deal. I’m leaving for vacation tomorrow and will not be back in town (or to the board) Until July 1st. On the 4th of July after shooting off some fireworks and downing a few malt beverages I will draw at random 1 poster to this thread. You can comment good or bad about your coin shop, you can respond just count me in, or you can call me cheap and leave it at that.
The lucky board member drawn from this post will receive THEIR CHOICE of
1. One MS 64 Kennedy (I do want Russ to respond), one 58 Franklin VF, and one 34 Walker G-F picked from the “melt bag”
2. One Lower MS Morgan from my stash of Common Dates (Bag marks and all)
3. New and Uncirculated $10 Bill with my sons name below the picture
4. Sharp Stick to poke yourself or others with
Thanks to everyone for adding much to this wonderful hobby.
UPDATE JULY 4th- Will draw random poster from this thread late this afternoon for a BU Morgan (or other prize)-LAST CHANCE TODAY JULY 4th!
THANKS ALL: WINNER IS jobiwan115
Anyway last weekend I took my 6yr old son into the shop. The proprietor really seemed to enjoy having a young wide eyed kid ogling over his stock. He helped my son fill in a couple of holes in his quarter album and offered to sell the 01 proof and unc. Silver Dollars bullion coins both for $42. The quarters he sold at face and then gave him a handful of darksiders just for coming by. My boy was already interested in coins but now he caught the fever just as bad as his old man and wants to go back to the shop as often as possible. When I popped by the shop during the past week the first thing out of the owners mouth was "how's Alexander and when are you going to bring him back in".
I hope everyone had their own local shop with a friendly fellow being the counter that helps newbie’s, and children, and anyone through the door like he's glad to see them.
Well as the custom has it, I owe the board members who have helped me and others with our questions and queries a chance at some REAL DUD COINS. Since this is my 100th post and I’m a working stiff, I have very little in the way of coin value to offer BUT here is the deal. I’m leaving for vacation tomorrow and will not be back in town (or to the board) Until July 1st. On the 4th of July after shooting off some fireworks and downing a few malt beverages I will draw at random 1 poster to this thread. You can comment good or bad about your coin shop, you can respond just count me in, or you can call me cheap and leave it at that.
The lucky board member drawn from this post will receive THEIR CHOICE of
1. One MS 64 Kennedy (I do want Russ to respond), one 58 Franklin VF, and one 34 Walker G-F picked from the “melt bag”
2. One Lower MS Morgan from my stash of Common Dates (Bag marks and all)
3. New and Uncirculated $10 Bill with my sons name below the picture
4. Sharp Stick to poke yourself or others with
Thanks to everyone for adding much to this wonderful hobby.
UPDATE JULY 4th- Will draw random poster from this thread late this afternoon for a BU Morgan (or other prize)-LAST CHANCE TODAY JULY 4th!
THANKS ALL: WINNER IS jobiwan115
OLDER IS BETTER
0
Comments
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Thought I would bump this old post back up. Not many comments before and maybe none again? With all the negative comments about rip offs, rude dealers, and general scallywags (Name a dealer you'll never deal with) I'm sure there are lots of great honest people out there who eek out a modest living treating the public fairly. My local shop is in Memphis TN and if anyone is coming to the area and wants to stop in and poke around this shop just PM me and I'll "out him". He will be out next week at the Currency Show and not in the store.
Found a couple of nice bargains yesterday for my Dansco...35 Bust Dime, 01 Lg. Cent, 76 Seated Half, and a really nice Stone Mnt. (I'm not a fan of Comm's but this one was PURE) to name a few. Most were just VF's not brag coins. Bought at grey+ small margin.
<< <i>Not many comments before and maybe none again? >>
In theory the rule is "If you can't say something nice... don't say anything at all," but in practice I have found the opposite more likely to be true.
Congrats on finding a dealer you like - I wish the brick & morter place I frequented as YN was as equitible, but it at least it afforded me some education (if gotten the hard way. )
>>>My Collection
Glad to hear you have a friendly local dealer.
That is no doubt a strong contributor to his being busy with customers. Congrats on finding a winner.
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
I've also had good success with local coin shops, 2 of them in particular, and one other that's pretty good.
When I got CBH fever last month, one of those 2 was a great find, he had a couple dozen in the VG-EF range, and I've dug on a few of 'em. Shame I've had to self-impose a buying freeze for the time being, until my wife gets out of school next March!
Joe G.
Great BST purchases completed with commoncents123, p8nt, blu62vette and Stuart. Great coin swaps completed with rah1959, eyoung429 and Zug. Top-notch consignment experience with Russ.
They are few and far between!!!
Hell, I don't need to exercise.....I get enough just pushing my luck.
nice story, thanks for sharing!
DOug
Bustnut
Hope you have a nice vacation, Quickwing !!!
Sorry about my little rant.
John
SFC, US Army (Ret.) 1974-1994
<< <i>Refreshing to hear about a good guy like you appear to have. The local shop I deal with here in Phoenix used to be pretty good, but of late make me feel as if I am a bother to them, so now I rarely stop in. To me it it seems like your guy has a gift remembering names and making you feel welcome, not to mention good buisiness sense! >>
cvan68, welcome from a fellow Phoenix area coin lover. I would've PM'd you, but you don't have that function on. I'm curious about what coin dealer you've been working with. Maybe we could exchange notes on local dealers. PM if you'd like, and once again, welcome to the boards, you're in the right place!
quickwing, thanks for the chance, and have a great vacation.
Joe G.
Great BST purchases completed with commoncents123, p8nt, blu62vette and Stuart. Great coin swaps completed with rah1959, eyoung429 and Zug. Top-notch consignment experience with Russ.
<< <i>I'm in for the sharp stick. >>
Agreed, I do have a very annoying brother and such a tool would come in handy...so count me in!
And that's one generous coin dealer...wish all dealers were like that.
BTW - I want your coin shop.
I can't remember seeing a "real" coin shop since I was a kid in Ohio.
In my area of southwest Florida there are only 2 types of places to buy coins:
(1) Pawn Shop/Fleamarket... usually nothing, once in awhile a Panda coin, or some other 'pseudo-mint' issued crap
(2) Rare Coin Galleries (ie. High-end Jewelry Stores with coins... and maybe a few pieces of art & antiques, in the six-figure range)
I'd like to see an old-fashioned Coin Shop...
Proud recipient of two "You Suck" awards
Perry
Morgan, modern sets, circulated Kennedys, and Wisconsin error leaf quarter Collector
First (and only - so far) Official "You Suck" Award from Russ 2/9/07
When i was a just starting out in the early 1960's, there was a small shop i would frequent when we were in town. The owner was very nice to kids and even had a bowl of g/vg indian head cents for kids to look at. The price was 10 cents each. I thought they were really cool back then even in g condition as i had never seen indian head cents before-so i bought a whitman folder for 29 cents (yea that is all the cost in 1962) and filled up the p mint dates from 1897-1909. I think i still have these coins today. The most unusual thing is that the owner of the shop was a woman. Unusual for the time. Bob
thanks and congrats!
Too many positive BST transactions with too many members to list.
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I visit a shop in Richmond, Va....IMPERIAL COINS....nice place. Owner is friendly and has given me fair prices on old bulk silver and supplies that I ahve bought. I usually buy my UNC AMERICAN SILVER EAGLES there to give all the kids in the family for Christmas presents.....
He has a nice selection of coins....both US and World...most raw but some slabbed too.....no third world companies....most are NGC, ANACS and a few PCGS...I think most of the slabs are from buys he makes or trades.
Thanks for the giveaway also....please count me in!
RAH
I hope things look up when I relocate to LA in August.
Congrats on your gem of a shop in your town and yes, please count me in on your giveaway!
60 years into this hobby and I'm still working on my Lincoln set!
Please enter me in your giveaway. I'd really appreciate it.
Jonathan