|
This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!
To participate in the forum you must log in or register. | Author |
Replies: 11 / Views: 29,909 |
|
|
Pillar of the Community
United States
4870 Posts |
Do any of you know about Paul Sims, Inc.? There is an add on the back of my Coinage Magazine for the 1939-D Jefferson nickel for $44.95 and I was wondering if they were reliable? David
|
|
|
|
Valued Member
United States
144 Posts |
I have never personally bought anything from Sims, but I know a few people who have. Much like Littleton, Sims has been in business for awhile. They both have a good reputation, offer a money back guarantee & are somewhat overpriced. Both Co. still use the older coin grading system.
This is the second nickel question that you have asked here recently, I might suggest that you check out varietynickels.com JT has a really good site with alot of info.
|
|
New Member
United States
15 Posts |
Purchased several rolls of "BU" morgans from Sims and they were what I would, unfortunately, consider to be average for the price at the time - in other words most were MS61, MS62 with a decent number of AU sliders included. Given the price paid though, I was satisfied with the purchase and their service.
If you order from SIMS I think you can expect to get what you pay for, but I would not expect any "great" deals. As for their comparison against Littleton, I would actually give Sims a "better rating."
|
|
Rest in Peace
United States
954 Posts |
IMHO I would stay away from BOTH companies. I've seem too much junk being sent out by them. This is especially true for Dollars.
catman
|
|
Pillar of the Community
United States
867 Posts |
I've bought most of my silver Maple Leafs from Paul Sims, and I've always been happy with them. I haven't bought too much else from them so I can't really comment on the non-buillion coins. Just one Proof Kennedy half that turned out to have a nice strike-through on it. Rachel [:p]
|
|
Pillar of the Community
United States
2724 Posts |
quote: Originally posted by nds76
Do any of you know about Paul Sims, Inc.?
Would not recommend.
|
|
Valued Member
United States
421 Posts |
I have not bought from them and I have no plans to do so.
|
|
Valued Member
United States
138 Posts |
Reading this thread started me thinking...
Isn't it interesting that if you read coin world/numie news you'll see these huge ads from dealers boasting huge inventories and vast experience, yet don't ever make it to any shows and don't even have a shop...just an office somewhere that they ship out of. A customer I knew long ago actually showed up once at the office of Coast to Coast Coins in MD (I think it's MD). The door was opened a tiny crack and he was told that they were not open to the public and even though he was a repeat customer he could not come inside even to say hi for a few minutes. He was willing to spend some money but retail shopping was not allowed. Think about the mail order dealers like Coast to Coast, Sims, etc. Have you ever seen any of them at a show? I haven't, except that I've seen Littleton actively buying at coin shows but not selling.
I feel there's a huge number of people that give these companies business but never go to coin shops, never visit shows or auctions. It's too bad that these armchair collectors miss the real fun of the hobby, out in the trenches actively searching elusive dates/varieties. Perhaps they live in rural areas that have no coin shops or coin clubs or nearby shows...or perhaps they just choose not to attend...either way it's pretty sad that they miss out on meeting other people with similiar interests. The people you meet along the way are much more interesting than the coins, don't you think?
Nick
|
|
Rest in Peace
United States
2884 Posts |
tradernick, I don't know what the exact numbers are (I think about 3500 dealers) today vs. 30 or 40 years ago but most of the "Mom and Pop" coins shops around here went the way of the "Mom and Pop" Grocery Stores. I lived in suburban Chicago in the 60's,and could walk to 3 or 4 shops by my house and take a short bus trip to 4 or 5 more! I mean I could really shop, browse, hang out and learn! Some were multi- venue shops but about half were strictly coin shops. Now there are only 4 or 5 shops within 20-25 miles of home and most have very restricted hours or sell jewelry and other collectables as well. How does this stack up to others experience on this forum? Mike 
|
|
Pillar of the Community
United States
2724 Posts |
quote: Originally posted by tradernick
Isn't it interesting that if you read coin world/numie news you'll see these huge ads from dealers boasting huge inventories and vast experience, yet don't ever make it to any shows and don't even have a shop...just an office somewhere that they ship out of.
Nick there are other reasons for not having a shop. Having millions in inventory provides major security issues, cost, and overall hassles. I do not know of ANY major dealer who still runs a shop. The hassles are quite a few. First, it makes it difficult to attend the major shows as you have to close the shop 75 to 80 days per year. Office and wharehouse space is certianly cheaper than retail space. How many customers will you have to have to make up the difference? There is a huge difference between the dealers who are happy turning over a Million a year, and those who turn over Millions per month. I would not run a shop for all the money in the world. Having had first hand experience at the security issues, it is just not plain worth it today. Add this to the fact that the major dealers sell high end material that "collectors" do not buy, and what is the point? It is sad that the coin shop is dying on the vine slowly, but in this day and age, the risks are just to great for the reward for most. Now, you mention that these dealers do not attend the shows. I know and have dealt with most of them many times over the years. They are all strong floor buyers. Littleton has a table (selling) at the major shows like Baltimore, ANA, Long Beach, ect. Most of the other major advertisers are buying strong at the shows, they are just selective as to who they deal with. I do not agree with the "Pecking Order" that most dealers subscribe to, but they make a great living without the hassles.
|
|
Valued Member
United States
138 Posts |
I realize that there's good reasons for some people not to have a store. There are however many dealers with multi-million dollar inventories that have shops AND set up at shows. Look at the front row of tables at any major show and you'll see many dealers with million+ inventories, and a store back home. Also, you can see Heritage, Spectrum, Stacks and many others that are generally considered major dealers. Then there's a lot of other large dealers like Silvertowne, David Lawrence, John Hamrick, National Gold Exchange, Rarcoa, etc. Do they have corner mom and pop type shops? No. Do they operate a retail business? Well, I could be wrong but I think that all of those dealers (hmmm except maybe Stacks) have office spaces or buildings with an area for viewing, selling, & buying coins. To me that constitutes having a shop, albeit the word shop doesn't really seem to fit. I too have seen Littleton at FUN, Baltimore, ANA etc and always got the impression they were there to buy. But they're not someone that I generally do business with so I could very well be mistaken about that. I'm not familiar with a Pecking Order and didn't mean to imply that there was one. Also, my point in the above post was not to knock dealers that don't have shops. Some of the best dealers I know don't have retail shops. Personally I couldn't see myself without a shop. I tried it for a few years but missed it so much I almost went crazy. Running a shop has been the most rewarding work I've done in my life, and I've made some friendships that have endured through the years. It's the PEOPLE in the hobby that make me eager to get to work every morning. To recap the point of my above post, I just think it's odd that there's a handful of advertisers in some coin publications that try to come across as major players in the market when they have no real prescence, either retail (store) or wholesale (shows) other than to walk the floor and buy coins that they can overgrade and sell to that segment of collectors that don't (or can't) attend shows, visit shops, join clubs etc. In many cases (NOT ALL) I think there's a lot of people being taken advantage of. Nick
|
|
Valued Member
United States
146 Posts |
I have dealt with this company and they have nice item's. Maybe a little on the high end
|
| |
Replies: 11 / Views: 29,909 |
|
To participate in the forum you must log in or register.

- A Ridiculously Badly Written Computer Aided Book, Coin Collecting Bible, 2024
- Liberty Head 10/11 Stars Obverse With A Sick Looking Eagle On The Reverse Holed 0.59g 13.06mm
- The Tyrant Collector - PCGS Youtube Interview
- Counterfeit Detection: ANA Video - Introduction, With Brian Silliman And Jim Robinson Ep. 1
- Counterfeit Detection: ANA Video - Mistakes, Risk Factors, And Counterfeits & Alterations, Ep. 2
- Counterfeit Detection: ANA Video - Pimples And Pits, Looking At Cast Counterfeits, Ep. 4
- Counterfeit Detection: ANA Video - What Year Is That Cent? Key Date Coins, Ep. 5
- Counterfeit Detection: ANA Video - Diagnostics Of The 3, 5, And 10 Cent Coins, Ep. 6
- Counterfeit Detection: ANA Video, Counterfeit Quarter Dollar Diagnostics, Ep. 7
- Counterfeit Detection: ANA Video, Counterfeit Classic Commemorative Coins Diagnostics, Ep. 8
- Counterfeit Detection: ANA Video, Counterfeit Silver Dollar Diagnostics, Ep. 9
- Counterfeit Detectection: ANA Video, Classic US Gold Coin Diagnostics, Ep. 10
- Counterfeit Detection: ANA Video, Diagnostics Of Chinese Made Counterfeits Of US Coins, Ep. 11
- Counterfeit Detection: ANA Video - Wrap Up Recap With Brian Silliman And Jim Robinson Ep. 12
- 2026-P Jefferson Nickel Possible Die Chips, Die Cracks And Other Anomalies
- Commems Collection Modern: What If? 1993 Bill Of Rights Circulating Coinage - A 1990 Attempt
- Split Grading - An Idea That Would Drive Collectors Mad
- 1960 D Lincoln Memorial Cent (Small Date) BIE
- Is This 1888-S A VAM-10, 10A Or Something Else?
- 1994 Brazil 10 Centavo - With Die Clash
- A Ridiculously Badly Written Computer Aided Book, Coin Collecting Bible, 2024
- Liberty Head 10/11 Stars Obverse With A Sick Looking Eagle On The Reverse Holed 0.59g 13.06mm
- Post A Trio Of Coins.
- 1878 S Trade Dollar. Found Doubling On Reverse
- Around The World With Banknotes - A Banknote Geography Game
- Post Your New Currency Acquisitions!
- Hokiefan's Collection Of Arkansas Obsoletes, Scrip And National Bank Notes
- Project 100k - Circulating Two Dollar Bills - Round 4!
- Counterfeit Detection: ANA Video, Counterfeit Classic Commemorative Coins Diagnostics, Ep. 8
- 20 Questions! (Forum Game) 11/04/24
- Commems Collection Modern: What If? 1993 Bill Of Rights Circulating Coinage - A 1990 Attempt
- Post Your Coins With A "five" Denomination
- 1893 World Columbian Exposition, Isabella Quarter PCGS MS-68+ (Cac Green) (Toned) (Schultz) On Gc.
- How Far Back Can We Go? Ninth Edition!
- The Tyrant Collector - PCGS Youtube Interview
- Counterfeit Detection: ANA Video - What Year Is That Cent? Key Date Coins, Ep. 5
- Post Your Coins With Coats Of Arms, Shields, Crests, Crowns, Etc.
- 1960 D Lincoln Memorial Cent (Small Date) BIE
- Fishiness On PCGS Photo Grade (1805 Dime)
- Around The World With Coins - A Coin Geography Game
Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use
|
| Coin Community Forum |
© 2005 - 2026 Coin Community Forums |
| It took 0.61 seconds to rattle this change. |
 |
|
| |
| |