Things you like to hear in a coin transaction/from a dealer
scotty1418
Posts: 286
I was perusing a new shop today and pulled a few nice looking Peace dollars from a pile of 2x2s and asked for pricing with my pricelists at my side.
After explaining that I was looking for some certain nice AU coins, the dealer said "Well you can obviously grade these ...you pulled some very nice MS nice ones". Nothing earth shattering but it is nice to hear someone compliment us as coin collectors on our eye or choice in quality.
Anyone have comments/stories they've heard regarding their grading skills/selection/etc?
After explaining that I was looking for some certain nice AU coins, the dealer said "Well you can obviously grade these ...you pulled some very nice MS nice ones". Nothing earth shattering but it is nice to hear someone compliment us as coin collectors on our eye or choice in quality.
Anyone have comments/stories they've heard regarding their grading skills/selection/etc?
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Comments
That always makes you feel good about the purchase.
"I was considering keeping that one for my own collection because it's such a nice one. But OK you can have it."
"I was going to resubmit that one. It's definitely under graded."
"I've had that coin in my collection for almost 40 years. But I will sell it to you."
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>"Is that your wife or your daughter?" >>
I have actually heard that from a customer lol
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<< <i>Do you guys really believe everything a dealer tells you?
Yes I do. I trust the dealers that I use. Plus when you buy many high end coins from one dealer and they only put a note on just ONE purchase, then I know I got something special
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
At the Santa Clara show a customer was trying to sell coins to one friendly dealer who's fussy. He didn't want one of them but I did. So I said to the dealer "please buy the coin from him so you can sell it to me." He replied, "I value your business and thank you for the gesture. You two work can work a deal at my table."
Lance.
even if you have ordered absolute slop at a restaurant. It is just good business
to compliment a customer talents, even when the customer is a total klutz when
it comes to coins or food.
Camelot
<< <i>This thread reminds me of the waiter that tells you, " An excellent choice"
even if you have ordered absolute slop at a restaurant. It is just good business
to compliment a customer talents, even when the customer is a total klutz when
it comes to coins or food. >>
If I wasn't a close friend, or long time customer of the dealers, (which in my examples I am), then that would be true.
Camelot
<< <i>This thread reminds me of the waiter that tells you, " An excellent choice"
even if you have ordered absolute slop at a restaurant. It is just good business
to compliment a customer talents, even when the customer is a total klutz when
it comes to coins or food. >>
Bingo!!! Someone gets it. It's just good business to suck up to the customer. Unfortunately, many collectors are just too naive to realize when a dealer is using flattery to sell them more coins.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
however, to answer the OP's question, i appreciate candor from a dealer........an example could be when a dealer states: "I sent that one to CAC but it didnt sticker"
Mark Feld is one dealer who volunteers information such as this
www.brunkauctions.com
if you were looking for AU and he said they were MS
how was your grading accurate?
It sounds to me that your grading may have been accurate,
however he was trying to charge you for MS coins, or worse.
I apologize if I am too pessimistic.
Regarding your question,
I strangely like when I am told
not to buy a particular coin I was asking about
because he knows I have a similar one, or it may not "go" with my taste, or
that better examples can be found at a later time
This is a real turn on, as it reeks from complete honesty and a desire to really help me
not just make a sale.
<< <i>Someone gets it. It's just good business to suck up to the customer. Unfortunately, many collectors are just too naive to realize when a dealer is using flattery to sell them more coins. >>
I for one would rather be flattered a bit than treated like soil....and I also know that not only are they making the customer feel better, it also promotes the coin(s) they've selected to increase the chance of a sale, and make the customer feel good about the purchase. But I can also imagine many times the compliments are sincere, especially those received by folks on this forum, who in general appear above average in their knowledge and ability to select nice coins.
In regards to my own situation, the dealer inferred "Well you're looking for AU coins and I'm not going to sell you my choice AU/MS coins at those prices". I appreciate that often the 'good eye' comment may be purely hype or to inflate a customer's ego. One of the 'nice ones' did turn out to have some unappealing environmental haze/PVC problems when I looked at it at an angle so it was a mixed bag.
EDIT: I also think it's a good sign to see a dealer have 'dreck' marked as cleaned or such on the 2x2 if it is. I think this is a good initial sign of the dealer being upfront about problems with a coin.
"I would not sell it to you."
"It's not for you."
"You can do better."
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<< <i>i agree that much of this is hyperbolae for the customer's benefit
however, to answer the OP's question, i appreciate candor from a dealer........an example could be when a dealer states: "I sent that one to CAC but it didnt sticker"
Mark Feld is one dealer who volunteers information such as this >>
be wary
<< <i>
<< <i>This thread reminds me of the waiter that tells you, " An excellent choice"
even if you have ordered absolute slop at a restaurant. It is just good business
to compliment a customer talents, even when the customer is a total klutz when
it comes to coins or food. >>
Bingo!!! Someone gets it. It's just good business to suck up to the customer. Unfortunately, many collectors are just too naive to realize when a dealer is using flattery to sell them more coins. >>
Pretty much every dealer at every table at every coin show that I've been to uses exaggerations and compliments. So that's not a revelation. That just the common basic human behavior that you see in any sales environment.
But there are some dealers, in my experience anyway, and especially if you've built a relationship with them, that are basically truthful, want an honest transaction, and hold the BS.
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Didn't wanna get me no trade
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Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
do you actually collect that kind of stuff??
a. Says, let walk outside and have a smoke
b. Says, want to go to lunch
c. Says, you go thru the box, take out what you like and figure the price at 10 back of dealer greysheet bid, add it up and hand me the cash.
anything else he says is just fluff and think goodness he is short on fluf.
On a side note i realy like this guy, he is in his 60's and can be grouchy at times. I always like to take a coin or 2 for him to see and make fun of or call it crap. Every once in a while i will take him one of the coins i bought from him and he will call it crap also. I will then inform him that i bought the coin from him. He will laugh and still say the coin is crap and i overpaid.
I really like this dealer.
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<< <i>
At the Santa Clara show a customer was trying to sell coins to one friendly dealer who's fussy. He didn't want one of them but I did. So I said to the dealer "please buy the coin from him so you can sell it to me." He replied, "I value your business and thank you for the gesture. You two work can work a deal at my table."
Lance. >>
Cool, Lance. Gave respect and it came back to you in spades! --John
<< <i>"I'm leaving a little meat on the numismatic bone for you." >>
Huh? What's that supposed to mean?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>"I'm leaving a little meat on the numismatic bone for you." >>
interesting concept.
If I understand it correctly,
when you buy a coin with the plus or sticker,
has it's meat been fully cleaned off the bone at that point?
<< <i>
<< <i>"I'm leaving a little meat on the numismatic bone for you." >>
Huh? What's that supposed to mean? >>
I take that to mean, simply :
If you sell this today, you will make a bit of "taxable income"
``https://ebay.us/m/KxolR5
That's what I like to hear!
<< <i>
<< <i>
<< <i>"I'm leaving a little meat on the numismatic bone for you." >>
Huh? What's that supposed to mean? >>
I take that to mean, simply :
If you sell this today, you will make a bit of "taxable income"
Yes, I meant that when a dealer sells you a coin, he takes a razor thin slice off of his already razor thin margin, such that if you sell the coin the next day, you will enjoy that razor thin margin yourself, and not take a loss on the sale.
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)