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Replies: 64 / Views: 16,181 |
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Valued Member
Canada
212 Posts |
Glenzy1:
I feel the exact same way but it is always good to listen to others we learn a lot. I have for example bought a 1948 1$ in the past from them in MS-65 if I remember correct and just hated the coin I talked to Marc and he said send it back I will refund you at 100% or we can make a trade I opted for a trade for a number 1 census 1 cent piece. I know the coins I have from them in my private collection are all really fantastic looking pieces great eye appeal and just all around very nice coins. I regret not been around when Michael Walsh was dominating the Canadian market as I know he also had great coins for sale at auctions.
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Moderator
 Canada
10458 Posts |
Stories? Jealousy? Why not go to the horses mouth or ask any CAND dealer on that list above? Frankly, it boils down to one's personal sense of judgement. Some are willing to forgive and forget, others less so. As a consumer, you can exercise that right as you see fit. Regardless if you believe it or not, the example Zonad gives should be an eye-opener with respect to the integrity of the ICCS slab. I do believe the history of that dealer, but I also have bought coins from them. My best NFLD small cent came from them. My point? Learn to grade mint state coins and trust your own eyes. The adage, 'buy the coin, not the holder' applies, regardless of the dealer!
"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 OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Moderator
 Canada
10458 Posts |
On another note, am I the only one surprised not to see Bob Armstrong's name on that list? Despite his public 'retirement' he still is a coin dealer. His table was always a "must visit" on any bourse floor.
"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 OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Valued Member
Canada
212 Posts |
Mike on the other coin site:
I have not said I do not believe the story I am simply asking for some type of proof and personal experiences regarding this issue. Do not jump on a high horse for nothing we are just asking questions that is all.
By the way I also congratulate you on all the hard work you have done concerning counterfeit coins I know we have had our hard times but I still want to say thanks.
Edited by Matrix1980 05/16/2011 9:30 pm
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Pillar of the Community
Canada
1472 Posts |
Thanks SPP. It was an opportunity for ICCS to make things better, but it seems that will never happen. I would buy from any dealer on the list and would trust most a little. There are very few that would turn their back to the dishonest dealers, are the others two faced? I would have trouble turning my back to someone who approached me to talk, but that doesn't mean I respect them. If the problem was not hidden by CAND and publicized instead would it hurt Canadian Numismatics? Oh, it was Past President Rick who said the coins were switched and by whom very clearly after he was not President anymore.
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Valued Member
Canada
212 Posts |
I truly believe every single person that owns a business has tried one day or another to make a little extra cash the fast way. Maybe 1% don't ever because it is completely against there nature.
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Pillar of the Community
 Canada
9865 Posts |
As a buyer I vote with my wallet I will never buy coins from a dealer who has sold tampered ICCS coins Nor will I buy again from the dealer who knowingly sold chinese couterfeit coins I can't believe that collectors here will vilify,and refuse to buy coins from,dealers who are accused of overgrading coins yet have nothing but praise and forgiveness for CNC and Colonial Acres
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Valued Member
Canada
212 Posts |
DBM:
I will not turn my back on them because the business I have done with them as always went well both ways and where else does one who collects top coins like the 1921 50 cents in mint state suppose to find such coins if not threw them? Sure Sandy Campbell but hey I rather use my extra bucks on some other stuff. But I understand your frustration towards anyone who tries to cheat someone else. Most dealers in your 15 have never even owned a 1921 half and if so they have had 1 or 2 over 20 years + this is very frustrating for high end collectors and C&P does help very much so this type of collector. Or even say a 1935 500$ bill who else has such things for sale?
Edited by Matrix1980 05/16/2011 9:59 pm
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Pillar of the Community
 Canada
9865 Posts |
Matrix, Not any coin for any price at any time,that's what never means Collecting is my hobby,not an investment,or source of income.I can live with never.
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Valued Member
Canada
212 Posts |
DBM:
I respect your choice. And not because one buys rare and expensive coins that he is not a true collector at heart. A lot of rich people love collecting coins and other such things they are also true collectors.
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Valued Member
Canada
475 Posts |
Do not limit your choices to these 15 dealers . There are many , many more great people in the Canadian coin business that only do regional or local shows or have a small store or just even an internet presence. As was once once said about the US coin business............some of the biggest players fly under the radar and the average collector does not even know them!
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Pillar of the Community
Canada
1733 Posts |
Effectively, when your professional membership is revoked there's something there to think about. Do you take your corporate taxes to a CA than has been censured by the Institute of Chartered Accounts or do you move on.
Anyhow, this all goes back to SPP's words up above. Seriously, do you place that much blind faith in an 8 dollar opinion from ICCS (whether it's been tampered or not) that you'd pony up 25K for a coin without knowing what the heck it should look like in that grade and what criteria it needs to meet to be genuine?
For example, I don't buy diamonds because: A) I know nothing about them and B) I'm too easily distracted by anything that shines and I'd likely get lost in thought looking at it and forget to close the deal or something.
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Pillar of the Community
Canada
650 Posts |
I got back into coin collecting because it's the time for me to move on and need to look for distractions. Other than coins most of my cash has gone to women drinking and gambling. least I didn't squander it.I may decide to deal one day but can't see huge returns. If you sell and want 75% of trend and if you buy and want to buy under trend that leaves less than 20% margin gross and then deduct overhead, you have to move a lot to make a living.
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Pillar of the Community
 Canada
9865 Posts |
Quote: Seriously, do you place that much blind faith in an 8 dollar opinion from ICCS (whether it's been tampered or not) that you'd pony up 25K for a coin without knowing what the heck it should look like in that grade and what criteria it needs to meet to be genuine?
Ugly,I'm sure you've been collecting long enough to know that there's no shortage of people willing part with that kind of money for something they know absolutely nothing about. These people rely solely on the dealer to ascertain they are getting what they paid for.They know nothing of ICCS or tampered slabs.They go to a CAND dealer rather than an auction or private sale because they feel a reputable dealer,though pricey,will provide them with the genuine article. If only knowledgeable collectors purchased coins,sales of NCLT would all but vanish
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Pillar of the Community
Canada
1733 Posts |
Quote: If only knowledgeable collectors purchased coins,sales of NCLT would all but vanish  I think I found a new sig once my postcard contest ends. OK... I get your point, I'm still putting some onus on the buyer though. People will agonize for months over their stereo choice for a new car, if they'd do the same for their ten cent pieces they'd pick up a lot of knowledge. Edited to fix quote.
Edited by Ugly 05/17/2011 09:45 am
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Replies: 64 / Views: 16,181 |