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No Date Buffalo Nickels - For $3.00 - ?

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dbrablec's Avatar
United States
1944 Posts
 Posted 02/05/2009  12:57 pm Show Profile   Bookmark this topic Add dbrablec to your friends list Get a Link to this Message Number of Subscribers
i have been pawn shop - shopping for a jeweler's loupe. (not a very productive effort, by-the-way). I stopped in one pawn shop that had quite a few coins in a display case, including several no date Buffalo nickels. when I asked for the price, the shop owner weighed them, and tried to sell them as "silver" and priced them as "scrap" silver. he wanted $3.00 each for them. when I told him there was NO silver in the buffalo's, he basically said "REALLY", but wouldn't come down to a reasonable price. I'm guessing he bought them as silver coins, and now needs to sell them - for silver content. I guess not all pawn shop owners - knows the value of everything in their shop.
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biokemist6's Avatar
United States
12437 Posts
 Posted 02/05/2009  1:12 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
You would think that the nickname "nickel" would tell him all he needed to know
I guess he is just too clueless to realize that he is trying to sell a coin worth 10-20 cents for $3(or maybe he is just a shyster...)
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DeathJr's Avatar
United States
230 Posts
 Posted 02/05/2009  1:21 pm  Show Profile   Bookmark this reply Add DeathJr to your friends list Get a Link to this Reply
i feel bad for the sucker that might buy those coins
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SJUHawks's Avatar
United States
383 Posts
 Posted 02/05/2009  4:44 pm  Show Profile   Bookmark this reply Add SJUHawks to your friends list Get a Link to this Reply
This also means that someone most likely got a good deal when selling something to a pawn shop. That's not something that happens every day.
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 02/06/2009  09:00 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
If he's selling for $3 I have to wonder what he paid, & if he wants to buy more.
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novillero's Avatar
United States
290 Posts
 Posted 02/08/2009  01:10 am  Show Profile   Bookmark this reply Add novillero to your friends list Get a Link to this Reply
can a dateless coin be worth anything?
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Conder101's Avatar
United States
17884 Posts
 Posted 02/09/2009  11:20 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
can a dateless coin be worth anything?

Depending on the coin OH YES! There are may coins which are one year types and some of them are rare. Even a dateless coin can be identified for those type and they can bring a good price. 1793 Half Cent, how about the draped bust small eagle half dollar. Two year only type and it's a five figure coin in AG. I'd pay $1k for a dateless one. The same thing goes for some coins which are not types, but are recognizable varieties. A dateless 1916 Standing Liberty quarter is over $600. I'd probably pay close to $1k for a dateless S-1 chain cent. There are plenty of others.
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