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 Replies: 19 / Views: 3,235 |
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Pillar of the Community
United States
1959 Posts |
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Pillar of the Community
United States
2049 Posts |
Mostly coin shows. There are better prices and the sales tax is already figured into the price on the holder. Plus the selection is typically much better as well.
Second choice is buying off Craigslist. I have found some really good deals but there is always the safety concern and often times you have to buy junk to get what you want (i.e. someone selling an entire collection).
Last choice is LCS. Prices tend to be higher, and then you have to pay tax on top of it.
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Pillar of the Community
United Kingdom
2893 Posts |
I wonder if Tom remembers a UK dealer called Don McRay who used to send out massive typed sheets of A4 pages listed with every coin under the sun all individually graded and priced. I bought a lot from him back in the early 1980's. I think he unfortunately passed away before the advent of the Internet.
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Pillar of the Community
United Kingdom
856 Posts |
Sadly, no Bacchus. All my current collection has been acquired since 2004. And interestingly in contrast to Sel, almost all of my coins have been internet purchases! I have one coin I obtained through a swap with a fellow dealer when we met up. And in the early days I did buy a few (under half a dozen) coins at dealers, but all of my collection bar the swap were bought online. I have never attended an auction, coin show or (in the last 10 years) visited a dealer's shop! In fact I have only ever met two other collectors in person. And yet I don't feel any less part of the coin collecting community. Nor do I feel I have missed out in building my collection. Interesting eh?  . Edited by Tom Goodheart
07/21/2015 2:41 pm
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Bedrock of the Community
United States
94367 Posts |
I've advertised lcally to buy collections and accumulations since I was a teen-ager, and this is where most of my coins have come from. I also worked in a currency exchange for two years during the silver redemption period in the '60s and put away many things back then (now mostly sold), including more than 700 SL quarters with full dates.
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Rest in Peace
United States
18456 Posts |
The best place for me to buy my coins is the local shows near me. they have them twice
a month. See coins in hand, no tax, no postage, no waiting for it to come in the mail, can easily bargain their sticker price.. If you get in good with some dealers, they will go out of their way to get what you need at a good price.
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New Member
United Kingdom
11 Posts |
I got mine mostly from a coin shop in central London, which was giving many foreign coins away for 10p each. I bought some from ebay, especially coins from countries that are rare to get. It all depends on what you collect, I personally collected coins from countries in the Krause Mishler World Coin Catalog 1901-2000. |
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New Member
United States
20 Posts |
This is a very interesting thread. More people buy though local shows than I would thought. My purchases are in the following order: 1. Auctions 2. Shows 3. Online dealer sites 4. ebayI find that most auction houses and dealers offer a variety of ways to make payments, or to even offer credit. ebay is the least flexible in terms of payment and selling rules. The ebay fees have drifted upwards over the years, so that I don't find it to be the most competitive forum for selling anymore. |
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Pillar of the Community
United States
539 Posts |
I've been collecting for more years than I can even count. I've never tried to collect expensive coins, mostly common coins of the 20th century - an OFEC collection. I started out buying from Littleton - yes the same one as today - but when they offered interesting world coins for $0.15 to $1.50 in those yellow envelopes. I looked forward to my monthly approval selection. I built quite collection back my youth. Not worth anything but the collecting part was fun, learning about the coins and country were the part of the fun.
Nowadays I buy in order of quantity:
-online dealer sites (one in particular)
-shows
-ebay
-this site when the boards were a bit livelier
-coin shops - I just don't have any in my area that care about world stuff
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Moderator
 United States
189767 Posts |
Quote:
More people buy though local shows than I would thought. Add me to the local coin show list. I have never bought from ebay or any other online venue. I used to mail order coins, but that was more than twenty years ago. |
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Pillar of the Community
United States
3343 Posts |
Local shops first. Mainly for US coins, but I've gotten surprisingly good prices on foreign coins when I find them. Wherever I travel I try to find and support the local businesses. An 8R cob in Carmel CA, a French Indochina Trade dollar for melt in Bradenton FL. Whatever, wherever. On-line specialist dealers second. Sedwick for Spanish colonial, CGB for French, Rondomons for Dutch. They have the goods, know what they're worth, and you pay the price they've set. ebay third. It's very hit-or-miss. Sometimes single coins show up, and rarely groups of coins. I remember a fierce bidding war over a couple dozen hard-to-find 1810-1830 French 2F's. I managed to snipe out a couple, and regret not bidding high enough to get more of them. Dates and mints you see once in a decade. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
United States
1132 Posts |
Lost Dutchman Rare Coins I've never purchased anything from them online, but visit the shop as often as possible. http://www.ldrcoins.com/ |
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Valued Member
United States
462 Posts |
I dont have local coin shops selling world crowns here in the south. Coin shows do not world coin dealers or they sell way over priced. So I have been buying mostly from auctions such as heritage, stacks and glodbergs. Buyer's premium is around 17-18% and its a price I have to pay for not worrying about fakes. I used to buy on ebay but dont do so much lately. Same goes for MAshops and vcoins. Edited by plonker
09/02/2015 7:31 pm
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Valued Member
United States
98 Posts |
Most coins I buy are on ebay, because: 1) Right now my interest in world coins is pretty eccentric, and if I relied only on local shops/dealers/shows it would take forever to find coins that I desire. 2) I'd love to have a working relationship with a local shop/dealer, but I don't often purchase coins that cost more than $50. Most shops/dealers in my area don't want to bother with low-dollar inventory like that. |
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Valued Member
United States
73 Posts |
Classified ads listing Estate Sales with coins among the items for sale. Sometimes those hosting the Estate Sale will email pics of the coins to help decide if it's worth the trip.
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Posted 07/21/2015 11:41 am
