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Coin Shop With No Marked Prices.... Advice?

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Bedrock of the Community
United States
20753 Posts
 Posted 12/30/2013  9:02 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

I go to about 5 different coin stores and 2 to 4 coin shows a Month. As a general rule if no prices are shown, I just walk away. Most dealers I know that have no prices on items usually go by how you look as to their prices. If you look to them like you can pay big, they give you a high price. You look broke or just not wanting to buy big, they; give you a lower price. Also, this gives them the ability to haggle back and forth with you on the prices. I've tried this a few times. Ask a dealer how much for something. Then with a friend, have them ask the same delaer about the same ocin. Almos talways, a different price.
Like I said, no prices on anything, I just walk away.
Pillar of the Community
arianzo's Avatar
Canada
2124 Posts
 Posted 12/30/2013  11:05 pm  Show Profile   Bookmark this reply Add arianzo to your friends list Get a Link to this Reply
There're no excuses to not have the prices updated, not all the items are made of silver and gold.

I know a dealer that put a code in every item and he has a price list where you've to look for the code and the updated price. So the dealer has just to keep update the price list.

I agree with some posts, if I don't see prices I can ask 1 or 2 items but more than that I walk away.

But, if many dealers are making money like this, good for them.
Bedrock of the Community
NumisRob's Avatar
United Kingdom
17969 Posts
 Posted 12/31/2013  05:31 am  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
Most of the coin shops I know in the UK display their better coins in trays, and there is usually a white paper disc under the coin with the price on - the coin almost always covers the price so you have to ask the dealer! I am sure they do this deliberately, but I do find it annoying, especially when the dealer is taking a long time serving another customer and I am looking at trays under the glass-topped counter but don't know if I can afford anything...
Edited by NumisRob
12/31/2013 05:31 am
Valued Member
shootnstarz's Avatar
United States
477 Posts
 Posted 12/31/2013  09:35 am  Show Profile   Bookmark this reply Add shootnstarz to your friends list Get a Link to this Reply
Yes, being a one year collector I also find it frustrating when no prices are marked. Sure I'll ask but that gets old fast, especially when there's other customers in the store. And seeing the price posted let's me know whether or not I am interested in any particular coin. If I see a nice Morgan for $39 I might be interested but if I see one marked $399 I wouldn't be the least bit interested.

No prices are fine for those who have much experience and are shopping for a specific coin and know the value of it but for somebody who doesn't know what they want and are just "window shopping" marking prices would be a huge help. How many coins were not sold because the potential buyer didn't want to appear ignorant by not knowing the value or doesn't want to continually have to ask price of this, price of that.

Rick
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