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 Replies: 37 / Views: 4,676 |
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Pillar of the Community
United States
1903 Posts |
Stampvirgin....is this a new shop in town or a well established dealer? Did you attempt to haggle at all? Ask for a "bundle" price? Were you looking for that specific mint set for your collection? Is the $3 above what you were expecting to pay worth the extra effort of looking elsewhere? Don't get overly fixated on price...is the entire endeavour and your time that determines the true value of your pursuit. I never understood when people would price shop me at my store, to then drive an hour to save $5...an hour of my time isn't worth quibbling over $5, never mind the gas.
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Pillar of the Community
 United States
1247 Posts |
the are a big time dealer, biggest in maryland..
She said they weren't in inventory then went to her computer to look up prices..
The Ikes were S mint mark in plastic holders, looked like US Mint.
The mint set was a 1980's item. It was going to be an impulse buy, but not at several dollars above what it is worth.
I realize that dealers need to make money. But when they buy a common half dollar for face then sell it for $2.50 a pop, it annoys me.
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Pillar of the Community
United States
1903 Posts |
Stampvirgin.... the Ikes you are referring to are indeed 40% silver ( a big plastic holder that comes in a wood grained cardboard box) and worth $12.95 (melt alone is over $7). Are the half dollars you mention 40% silver as well (1965-1970)? At $2.50 each that would be below melt. If they are just clad halves and not anything special, then I agree $2.50 is high...but then again I see TONS of people buying bank rolls of halves ($10 face) for $15 plus shipping on ebay..and there is no salesmanship there...just people buying what they want....so you can't blame a store owner if his local coin people are willing to pay that for them. Edited by unholyroller
10/30/2013 1:09 pm
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Pillar of the Community
United States
1247 Posts |
the half dollars are > 1970
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Pillar of the Community
United States
8137 Posts |
@ unholyroller, I am thinking about doing this. Have you tried this at all?
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Pillar of the Community
United States
1903 Posts |
Uhhh....define "this". Lol
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Pillar of the Community
United States
1247 Posts |
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Pillar of the Community
United States
5212 Posts |
If the person declines the dealers offer and walks out of the store I think it is fair game to follow them out and hit them up with a cash offer.
But if you are in the dealers store or at their table at a show you have to wait your turn and respect their sale or offer.
Edited by jack jeckel
10/30/2013 9:57 pm
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Pillar of the Community
1751 Posts |
I wouldn't do the deal in the guys parking lot or anything either... I mean, at most, I'd hand them my card and just mention that I'm interested in buying the coins if they wanna give me a call later.
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Valued Member
United States
339 Posts |
I was in this situation the other day, a guy brings in 10 common dated circulated Morgans and the dealer gave him $25 each. He sells them for $27.
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Pillar of the Community
United States
1903 Posts |
Parking lot is generally taboo as well, especially if the owner spots you. Trust me...if you want to do business there again...just don't do it. Doing a "parking lot deal" is just like hawking the door at a coin show....bad practice.
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Pillar of the Community
United States
8521 Posts |
After she bought them for 20 bucks each you should have offered her 25 apiece like you wanted to offer the customer.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
1959 Posts |
I treat this situation like everything else in life. If I wouldn't like it done to me, I don't do it to other people. I see deals going down all the time. Two things. One, this guy is trying to make a living. The way he goes about doing it is not my call (or business). Two, I don't like burning bridges. I have built a relationship with the only two good sources for coins in my area. Cut his throat on a deal, and my special treatment (calling dibbs, getting first look at newps etc.) goes out the door. It's like biting the hand that feeds you.
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Pillar of the Community
United States
1903 Posts |
I have a great relationship with two dealers....one I buy from regularly, and when say regularly...I mean a lot...and another I regularly sell/consign with. What I don't keep from the dealer I buy from, I sell/consign to the other. Both are always happy to see me. I consign so much at one dealer he sometimes asks me to help in a sale if it involves my items. Is a very healthy relationship for everyone involved.
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Pillar of the Community
United States
1247 Posts |
While at the store on Friday, I got the buyer to sell me one of the coins for $25.00 see this thread for a image.. https://goccf.com/t/161776 |
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Replies: 37 / Views: 4,676 |
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Posted 10/30/2013 12:58 pm
