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Does anyone think this is a joke that a dealer included in his email announcement?

LongacreLongacre Posts: 16,717 ✭✭✭
In another thread, I complained that a certain dealer was too flippant with his remark that he "has no time to go through a collection that was built over 71 years, and he will just "flip it" at the upcoming show."

Just seconds ago, I get another email from this same dealer, announcing that he will be at a local show in my area. He then wrote the following:

"As has been my long standing tradition for the December show, I will be bringing my 25 cent bin of world coins. Remember I deliberately throw most coins with catalog values of $1.25 in there too."


******

Now don't get me wrong, no one loves a bargain more than Longacre, and although I would not publicly admit it, I hear that it is fun to fish through the junk bin occasionally.

Does anyone think the sentence above was a joke, or was the dealer serious that he was being a swell guy by putting the excessively expensive $1.25 coins in the $0.25 bin?

[Or has The Man beaten on me so much over the last few weeks that even your very own Longacre is getting cranky (with no disrespect to Kranky)]?
Always took candy from strangers
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)

Comments

  • tightbudgettightbudget Posts: 7,299 ✭✭✭
    Probably serious. Common date wheat cents list for about 35 cents in some retail catalogs. Does that mean I'm getting a steal if I pay only 5 cents each for them?
  • Classof67Classof67 Posts: 1,502 ✭✭✭
    Serious. The joys and ectasy of the 25 cent bin are not to be taken lightly!image
    GREAT BST transactions with Wondercoin, segoja, moderncoinmart, notwilight, wingsrule, 123cents, fivecents, hunted, alohagary, ibzman350, WTCG, sonofagunk, amigo, coincoins, dcgolfer, chumley, nycounsel, tootawl, guitarwes, kimber45ACP, Zubie, Egger, RYK, 1tommy, EagleEye, NEFPROLLC, jmdm1194, Coinfolio
  • Maybe he will put au pres dollars in there as they fall below the $1.25 threshold.
  • RWBRWB Posts: 8,082
    No. As with stamps, most world coin "catalog values" are far above their collector value. Major banks sell odds and ends of world coins as scrap metal. (No, I don't know which end...ask "the man.")
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,624 ✭✭✭✭✭
    e-mail is cheaper than sending a fruitcake overnight , via Fed-Ex.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Hype-a-doodle-doooo...... Cheers, RickO
  • 291fifth291fifth Posts: 24,710 ✭✭✭✭✭
    Most low value coins are what I call "service charge" coins. The dealer is charging $1.25, or whatever, as a base rate for handling that type of low end material. His buy price for it is probably about 2 cents per coin so, if he sells them for 25 cents each without having put any effort into the sale he is actually doing very well.
    All glory is fleeting.
  • coindeucecoindeuce Posts: 13,496 ✭✭✭✭✭


    << <i>Most low value coins are what I call "service charge" coins. The dealer is charging $1.25, or whatever, as a base rate for handling that type of low end material. His buy price for it is probably about 2 cents per coin so, if he sells them for 25 cents each without having put any effort into the sale he is actually doing very well. >>


    NAILED IT! I'd rather sell a couple hundred $1.25 coins that I'm into at 1-1/2 to 2 % , than to sell one coin at $200 that I'm into at 80%. Who wouldn't?

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.american-legacy-coins.com

  • savoyspecialsavoyspecial Posts: 7,313 ✭✭✭✭
    i'm afraid the email was serious Longacre, many of us love the bargain bins!

    www.brunkauctions.com

  • KentuckyJKentuckyJ Posts: 1,871 ✭✭✭

    I'm just happy to see I haven't missed anything important recently! Longacre is still Longacre. All is right with the world image
  • sinin1sinin1 Posts: 7,500
    it doesn't take much to have a catalog value of $1.25


    for some items, about 20 cents worth
  • youd be surprised what nice coins yuo can get for that 25 cents
    ~William
  • lkeigwinlkeigwin Posts: 16,894 ✭✭✭✭✭
    I routinely find coins in junk boxes worth more than melt. I recently bought a dozen coins from a dealer and showed my wife how easy it is to make more than a dollar in profit with little more than 30 minutes effort.
    Lance.

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