Funny Experience With A Local Coin Dealer. - Page 2

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Author	Replies: 18 / Views: 2,190	Page: of 2

pls Rest in Peace United States 1729 Posts	Posted 02/15/2009 5:37 pm My local dealer runs a coin shop for fun. Sifting through a hundred pounds or so of foreign coins isn't fun for him, so he lets a few of us local yokels do it; we buy in bulk @ $6.50 and sell them back @ $5.00 after we've picked over them. I know for a fact that my last three lots were picked over by more than one other collector, and I still found several coins worth close to ten bucks each in each lot. Oh, and each time I go into the shop I buy supplies or several coins that go directly into my collection, giving him a larger cash flow and me coins that I want for no shipping charges or ebay hassles. It's a win-win situation for both of us, not to mention the fact that he allows local school kids to sift through his box of world coins, thus cultivating new collectors. Report this Post to the Staff
JOE Valued Member United States 164 Posts	Posted 02/15/2009 9:40 pm Quote: So what was the coin? And was yours the same year and in the same condition as the one that sold on ebay? I made a thread on the coin in the grading section to make absolutely sure that I posted the correct grade on ebay. It was a Palestine 20 mils 1941 coin, In VF condition. Since today is sunday and tommorow is a holiday, I'll be shipping it off to the buyer (Not someone on this forum) in about two days, It's hard to let the coin go though, considering it's my very first "Big find" (And hopefully not the last), But the second foreign coin bag I'm planning to get as a result will be worth it. Edited by JOE 02/15/2009 9:42 pm Report this Post to the Staff
chasinva69 Valued Member United States 259 Posts	Posted 02/16/2009 07:31 am Well I've learned something. I had no idea a Palestine 1941 20 Mils was woth $119 in VF. (My 2006 Krause says $75, but still that's a valuable coin for a bulk coin lot). Now I'm gonna look thru my world coins again to see if I have any. I'm sure that dealer would have reacted differently if you showed him the Krause listing on the coin. Can't imaging he would have said "we get these in here all the time and they'e not woth anything." Report this Post to the Staff
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