Paid A Junk Silver "Sorting Fee" - Huh?

if the total price is in your budget then buy it.

That's the reason right there that he's doing this.

This isn't the first time I've heard of a dealer's lousy tactics to make more money in a area that there isn't any competition and frankly it stinks.

What a loser dealer, makes me appreciate one dealer in particular in my area that sells me stuff for exactly melt price and letting me have all kinds of coin collecting supplies for free just because I am a known customer and believe it or not on more than one occasion he has actually referred me to another dealer that can pay me more when I sell my 40%'ers and 90%ers.

What I still can't understand though: if you only paid for the 64s, then what was there to sort? It's so obvious he had a huge bag he got at way below last year's price. If anything you should've gotten a discount for taking so much off his hands and letting him turnover his merch.

@specksynder: Somehow I like that approach better. This handling fee probably balances out for the year-set collectors.

Dealers in my area are mixed. Some allow people to cherrypick while others will just grab from the pile which will usually leave you with pretty well worn pieces. Most at coin shows will not allow people to cherrypick if they brought a bag of junk silver because it ties up table space for someone to search and ties up the dealer's eyeballs.

Honestly, from having worked in a coin shop, I can see why an owner would charge a premium for a specific type or allowing people to cherrypick. I can say this because we had customers who did this, and would clean us out of the good stuff and leave the well worn less desirable stuff behind. Another time, an older gentleman came in the store and cherrypicked through all the junk silver for about 7 hours, tying up counter space and tying up the time of the person working there. After awhile, we made it store policy that cherry picking wasnt allowed and if someone wanted $x.xx amount of junk silver we would give them the option of deciding on what mix of dimes, quarters and halves but then the coins were just grabbed from the pile at random. Only one customer complained and it was the main offender who would clean us out and leave the worst stuff behind but it didnt stop him from buying after that either.

Tell him to take a hike and that dinosaurs like him will go out of business with tactics like that. It still blows my mind how many coin dealers can know a lot about coins, but nothing about how to run a business and develop and maintain a client base. I don't know a lot about coins, but I could do a much better job of marketing and building client relationships than this chump....

also look online for deals you may be able get melt shipped in most cases

20X face + $10 bogus charge!?

I would have walked out so fast there'd be a trail of burning rubber on his floor!

I checked with APMEX, and the same amount of Kennedys with a 75 cent per oz. price drop right now would still have cost $542, not including shipping. Ouch.