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Are there any "great finds" anymore?
magazineman
Posts: 145 ✭
I remember years ago when I was dealing in sportscards and memorabilia when you could find great collections and actually get a good deal. Does that happen with coins now days? With most people knowing what a "price guide" is do you find people asking for above and beyond the value of coins? I recently offered a man 8 times face for common circulated Washington quarters and he said "nope I see them going for 5.00-6.00 each on Ebay." These were from the 60s. I was just going to throw them in the safe for my daughter. Maybe my price is too low.
References: Multiple deals with cohodk. Also PQPeace, LordMarcoVan,
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I sure havent found any lately........
Alan
<< <i>I remember years ago when I was dealing in sportscards and memorabilia when you could find great collections and actually get a good deal. Does that happen with coins now days? With most people knowing what a "price guide" is do you find people asking for above and beyond the value of coins? I recently offered a man 8 times face for common circulated Washington quarters and he said "nope I see them going for 5.00-6.00 each on Ebay." These were from the 60s. I was just going to throw them in the safe for my daughter. Maybe my price is too low. >>
Someone just found a 1c DDO 1969s Lincoln recently from a roll. That was a great find!!!
EBAY Items
http://search.ebay.com/_W0QQsassZrlamir
<< <i>Yep, Bought a group of 3 Franklins on ebay. Nothing special a 62, 62D & 63D listed as BU. Pic sucked, but I was looking to fill 3 holes in a 3rd set. When I got them, the 62 was BU w/ FBL's. I sent the 62 in & and it came back 65FBL..........cost for the 3 coins? $13.79. PCGS 1962 MS65FBL $2000, look on my face when PCGS posted the grade.........Priceless..........Rick >>
Sweet!!!!!!
silver nickels and one V nickel yesterday for $303. Think I did ok, not great but I'll make out if I sell the
gold ASAP before it drops!
Picked up 29 morgans (10 from the 1800's and the rest 1921's) and two peace all EF/Au along with a bunch of
other silver including 3 1915-s barbers, 30 washies, 10 mercs/roosies and $35 in old paper silver certs (ones and 5's)
for $427 on Sunday.
The folks are out there and both of these folks did not want to deal with a dealer and just wanted somebody
that will collect and like their coins. Dealers require that they bring them to their shop....I go to their home!
You will now ask where I come up with these collections. Well, I will tell you it is about being visible. I have a
business card made up (looks hokey) that says I' collect US coins and collections with my home number on it
and I pass it out very frequently. I use word of mouth every chance I get. In my office at work I have a silver
dollar in a lucite holder displayed and lots of coin books and magazines. When someone picks one up I open
my big mouth and ask them if they collect coins. That's how I do it. Others have different teniques but this
works for me very well.
I've been doing this for the past 20 years or more with great success. Mostly I find common coins and paper.
Occasionally I find treasures like the 1893-s morgan I had pcgs grade at VF20, 1905-s $5 gold I had pcgs grade
at MS65, 1894 morgan at AU, 1929 $20 National Note (NY) that I just sold on the currency bst at $450. These
I have acquired all in the past year.
Be patient and let everyone know you collect!
bob
Cheers, RickO
You will find that many on this board feel negatively about those who would take advantage of their superior knowledge to seriously underpay an unsophisticated coin owner for their items. This is commonly called a "rip"
OTOH, if I go into a coin shop and find a coin with a price on it, and I use my superior knowledge of, say, die varieties to buy it and make money by accurately attributing it... That is "cherrypicking" - could be a "good find" or even a "great find". I maybe even post it here and get a "YOU SUCK" out of it.
See the difference?
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
Brothers, I found enough money to buy a proof IHC from Rick Snow today. I'd call that a "great find".
I'm still looking for that undisturbed BU 1913-s quarter in my basement.
Worry is the interest you pay on a debt you may not owe.
Experience the World through Numismatics...it's more than you can imagine.
I came up with some terrific coins in the last year and spent very little doing it. In fact I think it paid me a few bucks.
Lots of folks put together uncirculated album sets of currently circulating series in the 50's and 60's -- Jeffersons, Washingtons, Frankies, Roosies, and the like -- and you can have a very wonderful time if you buy such sets, pull the handful of best gem and/or fully struck coins, fabulous toners, etc., and sell the rest. It's one way to build really superior sets over time without spending an arm and a leg. I found full-step 49-S and 50(p) nickels this way ... gems of most Washington dates 1947 forward ... there's lots out there.
Hoard the keys.
For a large selection of U.S. Coins & Currency, visit The Reeded Edge's online webstore at the link below.
The Reeded Edge
What AUandAG said, " Be patient and let everyone know you collect"!
If you collect it, they will come !
- Marcus Tullius Cicero, 106-43 BC
<< <i>Absolutly!
What AUandAG said, " Be patient and let everyone know you collect"!
If you collect it, they will come !
Not sure if it's wise to let everyone know that you're a coin collector. You may get some unwanted visitors when you aren't at home or possibly when you and your family are at home.
Worry is the interest you pay on a debt you may not owe.
I thought this was a great find, thanks to the Mad one.
Herb
1934
1925
1921
Not sure if it's wise to let everyone know that you're a coin collector. You may get some unwanted visitors when you aren't at home or possibly when you and your family are at home. >>
PH...got to do it my way. See how many folks beat a path to your door if you don't tell 'em what you do! I won't go through life missing out on all it's great pleasures
just because I MIGHT have something happen to me. As for putting my family in jeopardy it's just my wife and myself, kids are all grown. My wife and I do the coins
as a team and she goes with me on all coin purchases. As for at home, well I've got one heavy, sturdy safe, a BIG dog and if they happen to come through the door
when I'm home I'd hate to shoot some poor idiot but I would. If you have kids, no dogs and no guns then by all means let me do it.
bob
The odds of finding something in your dealer's store is far greater than at a local home. Ripping off your local dealer (ie a pro) who doesn't know what he's doing is one thing (he sets the price). But taking advantage of the public (ie getting a "good" deal) is taboo imo. The flip side though is if you offer fair value to the public (say 75-90% of its true value)....you more than likely will never get it.
All you've done is alert them to the real value. Same thing happened at a local shop when a Bechtler gold piece walked in.
Once it came back from PCGS and the owner was told it was a $20,000 coin, no word was ever heard again from him. And of course the shop paid all the express grading fees and never saw a cent on the deal. Would have been easier to buy the Bechtler at
$250 than at $20,000. You're screwed either way in the end. And I have no answer for you!
roadrunner