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 Replies: 26 / Views: 4,193 |
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Valued Member
United States
105 Posts |
Agree with the post above me; it was most likely purposely done to make his coin shop a more memorable experience for you.
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Pillar of the Community
United States
2077 Posts |
Too bad the change wasn't 91 cents. You could have gotten an entire proof set.
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Pillar of the Community
United States
5209 Posts |
Quote:
One LCS here routinely gives worn silver certificates and old (50s) notes for change. So a few proof cents and nickels dont surprise me. For some dealers it would cost thm more to 2x2 the coin, inventory it and have it take up space than they could make on it.
I n the long run they make more from repeat business drven by handing out stuff like that. Smart business move. The downside to this positive for the collector is that the dealer paid face to the little old lady who's husband had died or the curator of the estate who threw them in for face and most likely took a major hit on the rest of the package deal. While everyone has to make a buck if a dealer can;t sell a pre 1964 proof cent for more than 50 cents or a proof nickel for less than a doller need to get on ebay and aside from the Union dues 13% in fees they will still clear all of their losses from local sales. |
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Bedrock of the Community
United Kingdom
17970 Posts |
A coin dealer I know in the UK gives pre-1997 commemorative £2 coins in change, and another once gave me some small change in BU 1971 pennies. I think sometimes they are just overstocked on modern legal tender coins, and they are also doing collectors a favour and encouraging them to come back.
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Moderator
 United States
189285 Posts |
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Do you find it odd that a coin dealer gave me this change? As others have said, this is not odd for a dealer who wants to see you again. Quote:
There are no junk Ikes.
All Ikes are MIGHTY IKES Quoted for truth.  |
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Pillar of the Community
United States
998 Posts |
Ikes are cool and I save all the ones I get but they have no real value above face except for exceptional condition or specific variety examples. This makes them the ideal coin to use for change from a coin store, most people have never used one for commerce and will likely keep it.
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Valued Member
 United States
183 Posts |
So I went back to day and picked up a silver bar. I asked him if he remembered me and he said yes. I told him I liked the coins in change he gave me yesterday, and he says " oh you like the shinny ones, do you want more? " So I got 3 more 1964 proof nickels, 2 more 1964 proof pennies, and 1 bicentennial kennedy in the best condition I've ever seen one in, but not proof like the others. Cool guy, only my second time going there, it's less a shop, more of a bullion shop ( big bulletproof window in the front) , but I think i'll try to develop a relationship with this guy.
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Pillar of the Community
United States
1158 Posts |
There you go, a new customer for life, all for some low-value coins thrown in as change. I think with the Walmart and online shopping mentality, a lot of us have forgotten what it's like to get real service from a small shop. |
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Pillar of the Community
United States
6370 Posts |
Bill Fivaz has a whole bunch of red seal $2 bills that he had glued into a booklet notepad-style. It was labeled Bill's Bills. He would always give those out as change, along with Ikes and $1 silver certificates.
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Valued Member
United States
183 Posts |
@typecoin, that is awesome! I would love if my LCS did that!
Im going to see what else he has next time I go, maybe i'll get some more proof stuff
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Pillar of the Community
United States
2311 Posts |
Like everyone is saying, most dealers get the proofs really cheap and when they don't sell they just use them for face. It was nice of him to give those out to you!  By the way, I'm going to spend 6 ikes soon for face value. |
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Valued Member
United States
253 Posts |
What great looking coins. I don't we all wish we all could get such nice coins in change. Good incentive to go back to that dealer in the future.
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Valued Member
United States
177 Posts |
Those proofs are delicate; very choice! Good score!
My dealer gives out some good bills as change, not necessarily really high premium but just nice. One time I got a 1950 $10.00, and another time I got a UNC. 2003 $2.00 note with a good serial number.
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Pillar of the Community
United States
1037 Posts |
I got a 1935S Buffalo nickel in change today! It is rather worn, but for being in circulation for 79 years, it's not too bad. Now it is officially retired in my collection. |
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Valued Member
United States
113 Posts |
My LCS will sometimes give Barr notes and silver certificates at face as change
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Replies: 26 / Views: 4,193 |
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Posted 07/08/2014 11:34 pm
