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Coin Shows And Shops Vs The Internet?

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srs77's Avatar
United States
3181 Posts
 Posted 03/18/2015  9:21 pm  Show Profile   Bookmark this reply Add srs77 to your friends list Get a Link to this Reply
I buy my share of coins online but there is nothing like going to a show or to a local coin shop. The shows are amazing as it's all right in front of you. The process of building a relationship with some of the shows sellers is awesome. The shows I go to locally here have much of the same sellers each time and it makes for a fun day. My local coin shop owner is awesome and always fun to shoot the bull with while I'm perusing. Don't get me wrong, online has its place too, especially when I'm in withdrawals :) But I'd do the shows and stores first anytime and all the time....
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jpbone's Avatar
United States
1959 Posts
 Posted 03/18/2015  9:25 pm  Show Profile   Bookmark this reply Add jpbone to your friends list Get a Link to this Reply
I primarily buy coins at shows and shops. I've purchased maybe a dozen coins on line in as many years. About half of those were disappointments. When I buy at a shop/show, I get better prices for better coins. Can't replace the feeling of driving home from a show with a great find in your pocket. Also, I have a good relationship with two dealers that give me first crack at the quality stuff. As SsuperDdave said, the good stuff is usually not put out for the general public. I drop by the shop often. When I don't buy any coins, we still love to solve the worlds problems talking, cussing and discussing everything under the sun.
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scottk's Avatar
United States
767 Posts
 Posted 03/18/2015  9:27 pm  Show Profile   Bookmark this reply Add scottk to your friends list Get a Link to this Reply
Kind of a social thing for some folks I guess.

I've done my fair share of drinking in the past, but I never cared much for bars. I'm like George Thorogood - I drink alone.

And I collect coins alone...

Haha..
Edited by scottk
03/18/2015 9:29 pm
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Bertensgrad's Avatar
United States
1192 Posts
 Posted 03/18/2015  10:15 pm  Show Profile   Bookmark this reply Add Bertensgrad to your friends list Get a Link to this Reply
I only deal through shops and some flea markets and pawnshops cash/gold if I can find a deal. I want to go to a show but it's hard finding one in my area that fits into my schedule. I absolutely love talking to dealers and I feel like I would get a better product then if I went online and at a better price. It's helps that I go to three large dealers on a monthly basics and they seem to like me and want to talk. I'm the kinda customer that may only spend a few dollars a visit then spend $50 once a month. Shipping would eat up so much of my budget.
Edited by Bertensgrad
03/18/2015 10:19 pm
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 03/18/2015  10:46 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Here's an alternate viewpoint for you, scottk, just a datapoint & not a judgement because you get to buy from whoever the heck you please.

I've been teaching coin photography - and how to judge online images - here for almost ten years. The most important lesson to be learned is that even the best images harbor deception. All images. I can talk myself blue in the face trying to describe all the possible permutations of slightly-off pixels but it's a durn sight better to see what problem coins look like in the palm of your hand and under your lens.

For you, wishing to shop only online, it's going to take a while to see enough coins to see what problems actually look like. Find a dealer at a show with a bunch of Morgans. Strike up a conversation with the guy and see what he has for "bad" coins. If he has an overdipped Morgan, hold it in your hand and study each face for a few seconds and you'll never be deceived again.

Darn near impossible to photograph, and I only see one in here every few years.

I just don't want the Internet to narrow your horizons rather than broaden them. Numismatics doesn't have to be a solitary avocation.
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Darth Morgan's Avatar
United States
2815 Posts
 Posted 03/19/2015  12:12 am  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
I understand where you're coming from, scottk. I do 95% of my buying on ebay. I "follow" sellers whose photography I trust. It has taken time to find such sellers. However, buying on ebay alone just bores me at times, and I long to get to another coin show. Shopping on ebay just doesn't compare to being in a room full of other collectors with tables and tables filled with coins. Ahhhhhh. It's like a breath of fresh air for me when I get to attend a show.
Edited by Darth Morgan
03/19/2015 12:15 am
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Pacificoin's Avatar
Canada
5395 Posts
 Posted 03/19/2015  01:32 am  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Speaking from the dealer end of the hobby I have noticed a marked change over the last forty years. I started as a vest pocket dealer taking tables at shows locally and regionally. Then I was offered a chance in a busy LCS, before starting my own shop.I had a bricks and mortar shop for years. Sure there were ups and downs but mostly it was a very demanding but enjoyable way to make a living. Then along came the Internet and ebay . This has totally transformed the hobby and the business. Changed it forever in a mostly positive way in my opinion. I would opine that there are way more collectors today than ever before, but most just sit at home and bid or buy from their computer or mobile device. We sell way more expensive coins on line these days than I could ever have imagined in my bricks and mortar shop of years past. Today you have a world wide audience with less travel and related shop expenses not to mention employees. Just a different way of doing the same business.
All that said We still attend lots of coin shows and visit as many shops in different cities as we can when on the road. I encourage all in our great hobby, to support your local shops ,attend a coin show when you can, and continue to buy off the Internet as well. Today the hobby of numismatics offers diversity like never in the past.
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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 03/19/2015  02:03 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
There are plenty of collectors who plan vacations around coin shows.


My wife would kill me, if I tried that trick!!
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Pacificoin's Avatar
Canada
5395 Posts
 Posted 03/19/2015  02:11 am  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
SPP I got smart mine loves coin shows more than me ......... 52nd Las Vegas Show starts tomorrow she is already packed including an extra magnifying glass!
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CSOTUS's Avatar
1153 Posts
 Posted 03/19/2015  02:28 am  Show Profile   Bookmark this reply Add CSOTUS to your friends list Get a Link to this Reply
Sounds like a jackpot to me
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JoggingLiberty's Avatar
292 Posts
 Posted 03/19/2015  06:20 am  Show Profile   Bookmark this reply Add JoggingLiberty to your friends list Get a Link to this Reply
I like doing a little of both. I like the big online retailers because some of them have very good customer service. APMEX for example has a return policy like you would not believe and has often sent me extra coins or more coins based on my word alone--no photos or wordy explanation necessary. I do enjoy one particular coin shop local to me because 1) you can haggle on the prices, and 2) see the coins right up close and get first hand notice of anything new that may be in the shop that you didn't see last time.

I personally don't trust ebay at all. Not the company, but the people who sell on there. The real deals are few and far between these days and it's easy enough for someone to make multiple accounts to bid up their own item in an attempt to make more money.

Notice how I start the last paragraph off with "I personally" and that's because it's the way I feel about it. You feel differently and that's fine and others feel differently and that's fine too. If we all felt the same way then there would be only one way to shop.

Good luck.
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atticguy's Avatar
United States
1373 Posts
 Posted 03/19/2015  09:11 am  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply
I've read all of the comments so far and agree with both sides. However, there is one topic that hasn't been mentioned yet; paying for coins.

I've enjoyed attending several coin shows, and have bought quite a few items, but what happens when your wallet is empty? Most times I have to go to the bank a couple days before a coin show and get some cash. Otherwise, I rarely have more than $10 in my wallet. Now, if I find a few coins that I want (or maybe just one 'big one') I have to pick witch ones I will buy and then have to pass on the rest.

The nice thing about buying online is that I can buy everything I want with plastic. Finding a dealer at the show that accepts credit cards is almost impossible. For me this is the #1 reason I prefer buying coins online.
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Debrajc's Avatar
United States
4211 Posts
 Posted 03/19/2015  10:46 am  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
In my area of the world the closer LCS to me are not very friendly, or are a bit condescending so I don't shop them very often at all. I am of the older generation (I will be 60 my next birthday), however my hubby and I bought our first computer the day Radio Shack got their first one for over $4,000 back in the 90's lol so I am very computer savvy as they say so shopping online is something I am comfortable doing. I do shop ebay from time to time but only with trusted high volume sellers but my point is I LOVE going to coin shows. I even got to go to my first FUN show in Orlando this year and had a BLAST~!! We also do not have many coin shows local each year but I mark my calendar months in advance. And of course I have my "favorite" dealer and look forward to catching up with him and looking at all the coins. Especially the ones I will never own and sometimes seeing coins that spark a new interest in a new area to expand what I collect. So if you have never attended one and get the chance to I HIGHLY suggest it.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 03/19/2015  11:10 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
The biggest reason, for me, to recommend shows and B&M shops is the learning relationships involved. Scottk, I gather you're young. If you walk into a show, looking young, and tell a dealer you want a raw Morgan for around $70 to study it (that phrase is important), you're going to make a friend for life out of most dealers. And probably learn more in that afternoon than your whole numismatic career before.

You're not "wrong" for only buying online. I could see myself doing that. But if you have the ability to expand the number of ways in which you can enjoy the hobby, to learn, by all means take it.

The Internet is not quite ready to be 100% of a numismatist's collecting experience, but it's getting close and will probably get there while I'm a member here. Places like Coin Community provide an entire library of knowledge and lifetimes of experience. Anyone with $400 to spend can shoot state-of-the-art coin images from which you can make intelligent purchasing decisions. It's doable today.
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Harmonica's Avatar
Canada
1118 Posts
 Posted 03/19/2015  11:20 am  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply
Yes, comradery is one reason people talk about and ssuperddave mentioned the problem with photos (do we all not know that one so-so girl that takes amazing Facebook selfies?). Also I am surprised no one mentioned the deals. I can buy bullion and a lot of stuff cheaper online but if you like tokens you have junk bins, dealers that get to know you will take trades and cut deals in other ways too. It is not all coins either. If you like cards, military or even jewelry there is so much going on at a collector show.
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